Africa

Pan-African business news covering all 54 nations. Continental trade, AfCFTA developments, multi-country investment, and business intelligence spanning the entire African continent.

AVCA Nairobi: local capital rises as exits hit record

The 22nd Annual AVCA Conference concluded in Nairobi on April 30 with over 800 investors, record 2025 venture exits, 30%…

OPay hits $3.1bn as Opera flags 85% IPO probability

Opera's FY2025 SEC filing values OPay at $3.1 billion and assigns an 85% probability of an IPO within two years.…

Dodai raises $13m to build Ethiopia EV network

Ethiopian electric mobility startup Dodai has closed a $13 million Series A including BII debt financing to scale its locally…

Zimbabwe ships Africa’s first lithium sulphate

Zimbabwe shipped Africa's first-ever lithium sulphate consignment on April 28 from the Arcadia mine, produced at Zhejiang Huayou Cobalt's $400…

DStv sets World Cup streaming record

DStv Stream recorded over 900,000 concurrent viewers for South Africa's opening World Cup 2026 match…

Stop checking passports, SA minister warns

South Africa's Justice Minister Mmamoloko Kubayi warned at an Inter-Ministerial Committee on Migration briefing on…

Dangote’s petrol unit is down 34%

The Dangote Petroleum Refinery has been running its main petrol-producing RFCCU unit at 34% below…