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.
South Africa gets only 1% of global mining spend
South Africa attracts just 1% of global mineral exploration spend despite world-class reserves. Anglo American's R600m injection brings the Junior…
Ghana wants tomato yields to triple to 20 tons
Ghana has launched a research project with Nigerian firm WAKI Farms to develop tomato varieties yielding 20 tons per hectare,…
Ghana engineers want $2bn import bill slashed
Ghana's 56th Engineering Conference called on the private sector to partner government on its 24-hour economy agenda and end a…
Nigeria pulls $6.44bn in Q4 capital inflows
IN SHORT: Nigeria attracted $6.44 billion in capital inflows in Q4 2025, up 26.6% year-on-year and 7.1% quarter-on-quarter. Portfolio investment…
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…