Africa
Pan-African business news covering all 54 nations. Continental trade, AfCFTA developments, multi-country investment, and business intelligence spanning the entire African continent.
Brent drops 6% on ceasefire hopes after Iran clashes
Brent crude fell roughly 6% over the week to settle near $101 per barrel on Friday as Trump insisted the…
Somalia’s Hormuud finances 100,000 smartphones for poor
Somalia's Hormuud Telecom is financing 100,000 smartphones for low-income subscribers through deposit and instalment payments via its EVC Plus mobile…
Kenya’s first private agri-securitisation at $2.1m
Fintech Kaleidofin has completed Kenya's first private-sector agriculture-focused securitisation at $2.1 million, converting smallholder farmer loans into tradeable securities and…
US invites Kenya to lead Africa minerals trade zone
The US has invited Kenya to lead a preferential critical minerals trade zone as East Africa's AI market grows rapidly,…
Newsletter
Airtel Africa profit triples to $813m as data beats voice
Airtel Africa reported FY2026 profit after tax of $813 million, up 147%, on revenue of…
Safaricom FY2026: record KSh80bn dividend, profit up 67%
Safaricom posted group net income of KSh99.7 billion for FY2026, up 67%, and declared a…
South Africa unemployment hits 32.7% as 345,000 jobs lost
South Africa's unemployment rate rose to 32.7% in Q1 2026 from 31.4% in Q4 2025…
Dangote picks Mombasa for $17bn East Africa refinery
Aliko Dangote told the Financial Times he is leaning toward Mombasa over Tanzania's Tanga for…