Africa

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

Safaricom doubles home fibre speeds as rivals enter

Safaricom doubled its entry-level Home Fibre speed from 15 Mbps to 40 Mbps at no extra cost and raised speeds…

US-Africa Business Summit heads to Mauritius in July

The 18th US-Africa Business Summit moves to Mauritius on July 26 to 29, 2026, the first time the summit has…

Zungu and ex-Glencore trader take Ambatovy

Sumitomo is paying $418 million to exit Madagascar's Ambatovy nickel mine after $2.6 billion in cumulative losses over twenty years,…

Moody’s backs South Africa as debt peaks in 2025

Moody's has confirmed that South Africa's government debt peaked at 86.8% of GDP in 2025 and will decline to 84.9%…

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…

Dangote picks Mombasa for $17bn East Africa refinery

Aliko Dangote told the Financial Times he is leaning toward Mombasa over Tanzania's Tanga for…