Business

African business news: M&A activity, earnings reports, leadership changes, expansion moves, and corporate developments across all 54 nations. Essential intelligence for investors and executives.

Airtel Africa FY2026 data mobile money revenue profit record IPO telecom 2026
AfricaBusiness

Airtel Africa profit triples to $813m as data beats voice

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Africaspoint Editorial

Airtel Africa reported FY2026 profit after tax of $813 million, up 147%, on revenue of $6.42 billion as data overtook…

Safaricom Kenya FY2026 record profit dividend M-Pesa Ethiopia telecom finance Nairobi
AfricaBusiness

Safaricom FY2026: record KSh80bn dividend, profit up 67%

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Africaspoint Editorial

Safaricom posted group net income of KSh99.7 billion for FY2026, up 67%, and declared a record KSh80.13 billion dividend, the…

AfricaBusiness

Top African fintech companies 2026

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Africaspoint Editorial

Africa's top fintech companies in 2026 span payments, lending, digital banking, insurance technology and open banking infrastructure. From Flutterwave and…

AfricaBusiness

Fastest growing cities in Africa 2026

By
Africaspoint Editorial

Africa's fastest growing cities in 2026 combine population expansion, infrastructure investment and economic diversification. From Kigali to Lagos to Casablanca,…

Enoch Godongwana Treasury fiscal policySouth Africa energy transition load shedding end

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 Mombasa refinery Kenya East Africa 2026Dangote Refinery IPO 2026

Dangote picks Mombasa for $17bn East Africa refinery

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

Africa fastest growing economies 2026 IMFAfrican Union infrastructure 2026

Museveni sworn in for seventh term after 40 years in power

Yoweri Museveni was sworn in for a seventh consecutive term on May 12, extending his…

Africa Forward Summit Nairobi 2026France Africa partnership Macron Ruto

Nairobi Declaration adopted with $27bn Macron pledge

The Africa Forward Summit closed in Nairobi with the adoption of an 11-point Nairobi Declaration…

Africa fintech unicorn public listing 2026Africa music industry DJ economy Afrobeats 2026

Africa’s DJ economy: Black Coffee leads $60m music empire

A large jetliner sitting on top of an airport runway
Africa outpaces Asia growth FDI 2026Ethiopia Bishoftu airport aviation hub 2026

Airbus hails Ethiopian Airlines as Africa’s aviation blueprint

Kenya family conglomerate corporate debt stress DL Group tea holdings business restructuring
Africa banking revenue McKinsey 2026Kenya DL Group Langat tea conglomerate debt 2026

Kenya’s DL Group denies tea sale as debt pressure mounts

shallow focus photography of Taxi signage
Africa fintech unicorn public listing 2026Africa mobile money credit scoring device finance

Cape Town taxis go cashless from June 1

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