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.

Benin votes tomorrow as Talon picks his successor

Benin votes April 12 as outgoing President Patrice Talon steps down after a decade, with finance minister Romuald Wadagni the…

GITEX Africa opens in Marrakech with $5bn deals expected

Africa's largest tech event opened in Marrakech on April 7 with 1,450 exhibitors from 145 countries, 55,000 attendees, and $5bn…

FirstRand dumps UK bank after $993m car loan hit

South Africa's FirstRand will exit UK bank Aldermore after raising motor loan provisions to £750m ($993m), more than a decade…

Vodacom takes control of Safaricom in $1.6bn deal

Kenya's parliament approved Vodacom's $1.6bn purchase of the government's 15% Safaricom stake, giving South Africa's Vodacom 55% majority control of…