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…
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…