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.
Nigeria health sector records major gains
IN SHORT: Nigeria's health minister Prof. Muhammad Ali Pate says the sector is recording significant progress across primary care, maternal…
Namibia rejects Starlink licence application
IN SHORT: Namibia's communications regulator CRAN has formally rejected Starlink's application for both a telecommunications service licence and a spectrum…
Nairobi tech salaries now rival some European markets
IN SHORT: For the first time, the total monthly employment cost of a tech product manager in Nairobi, at $2,425,…
Global investors pile into DRC’s Copperbelt
IN SHORT: Global investors are pouring into the DRC's Copperbelt following the June 2025 Washington Accords. A US-backed consortium has…
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…