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.
Sweden’s 4-year visa targets Africa’s best
IN SHORT: Sweden is doubling its EU Blue Card validity from two to four years from June 1, 2026. For…
Kenya ships first 54 containers to China, targets $4bn deficit
IN SHORT: Kenya has shipped its first 54 containers to China under the new zero-tariff framework, carrying avocados, coffee, hides,…
African women hold 1% of global justice power
IN SHORT: A new global report finds women from low-income countries hold just 1% of the most powerful positions in…
TEF turns $100m into $4.2bn across 24,000 businesses
IN SHORT: The Tony Elumelu Foundation has disbursed over $100 million to 24,000 African entrepreneurs since 2015, generating $4.2 billion…
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…