Africa
Pan-African business news covering all 54 nations. Continental trade, AfCFTA developments, multi-country investment, and business intelligence spanning the entire African continent.
UBA profit halves as FX windfall evaporates
UBA posted N404.7 billion profit in FY2025, down 47% from 2024, as FX trading swung from a N182 billion gain…
Co-op Bank Kenya restructures for regional push
Co-operative Bank of Kenya announced on April 21 it will restructure into a non-operating holding company renamed Co-opbank Group PLC,…
Capitec crosses $1bn profit with 26 million clients
Capitec Bank posted R16.8 billion ($1.02 billion) in headline earnings for FY2026, crossing the billion-dollar profit mark for the first…
Dangote pledges 650,000 bpd refinery for East Africa
Aliko Dangote pledged at the AFC summit in Nairobi to build a 650,000 barrel-per-day oil refinery in Tanga, Tanzania, identical…
