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.
Safaricom’s OneApp hits 4.7 million users
Safaricom's unified My OneApp platform reached 4.7 million registered users as of June 29, with 1.3 million daily active users,…
Family Bank’s NSE debut surges 44%
Family Bank listed on the Nairobi Securities Exchange by introduction on June 23, the largest private-sector listing in over 17…
Kenya awards JKIA rebuild to China
Kenya signed a Ksh154.2 billion ($1.2 billion) contract with China Road and Bridge Corporation on June 23 to modernise Jomo…
South Africa’s fiscal turnaround gathers pace
South Africa's National Treasury reported a primary budget surplus of R86.7 billion (1.1% of GDP) for 2025/26, exceeding the 0.9%…
Newsletter
Endeavour Mining posts record $880m EBITDA
Endeavour Mining, West Africa's largest gold producer, reported record adjusted EBITDA of $880 million for…
Africa’s $164bn wealth funds eye mining
Africa's sovereign wealth funds now hold combined assets exceeding $164 billion and are being deployed…
Abiy unveils Addis Ababa’s riverside makeover
Ethiopian PM Abiy Ahmed inaugurated the Entoto-Kebena River and Riverside Development Project in Addis Ababa…
EU’s steel tariff hits South Africa
The EU's new steel import framework took effect July 1, imposing annual quotas with a…