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.
DRC to overtake Ethiopia as Africa’s 5th economy
The IMF forecasts the DRC's GDP reaching $123 billion in 2026, edging past Ethiopia's $122 billion to become Sub-Saharan Africa's…
Ramaphosa offers Starlink a BEE workaround
President Ramaphosa offered Starlink an equity-equivalence compliance path on April 15, but SA's telecoms licensing rules require specific regulatory changes…
ADNOC eyes Shell’s 600 SA fuel stations for $1bn
ADNOC is in advanced talks to acquire Shell's 600 South Africa fuel stations for about $1 billion, ending 120 years…
Ethiopia hits 10,000 MW power milestone
Ethiopia's power generation capacity has crossed 10,000 megawatts, Prime Minister Abiy Ahmed confirmed, driven by the Grand Ethiopian Renaissance Dam…
