Africa

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

Kenya sells $1.6bn Safaricom stake to Vodacom

Kenya's parliament approved a $1.6bn sale of a 15% Safaricom stake to South Africa's Vodacom, raising Vodacom's control to 55%…

Africa climate fund hits $52m close for clean tech startups

Persistent launched the $70m Africa Climate Venture Fund with a $52m first close, one of the largest for a dedicated…

South Africa manufacturing contracts for fourth straight month

South Africa's manufacturing output fell 2.8% year-on-year in February 2026, the fourth consecutive monthly contraction and worst since April 2025,…

Palantir co-founder bets $11.8m on Nigerian drone maker

Nigerian defence startup Terra Industries raised $11.8m from Palantir co-founder Joe Lonsdale's 8VC and Anduril backers to expand autonomous drone…