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.
Flutterwave gets Nigerian banking licence at 10
Flutterwave secured a Nigerian banking licence on April 2, allowing Africa's most valuable fintech to hold deposits, lend directly and…
Africa Fintech Live heads to Nairobi in May
Africa Fintech Live 2026 will convene in Nairobi on May 7, bringing together leaders across payments, banking, telecoms and digital…
South Sudan launches first instant payments system
South Sudan has launched its first-ever instant payments infrastructure, three years after the proposal was first made, marking a landmark…
MTN and Airtel pocket $2.3bn from Africa data boom
MTN Nigeria and Airtel Africa generated a combined N3.6 trillion ($2.3 billion) from data services in 2025, as Africa's mobile…
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…