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.
Egypt’s FDI hits $9.3bn, economy grows
Egypt's net FDI reached $9.3 billion in H1 FY2025/26 (July to December 2025), up 55% from $6 billion a year…
SARB cuts repo to 6.5 percent
South Africa's MPC cut the repo rate by 25 basis points to 6.5% on May 29, effective May 30, resuming…
Africa’s startup funding races toward $1bn
African startups raised $887 million across 84 transactions in the first four months of 2026, putting the continent on course…
OCP backs $150m Africa agro-industrial fund
Morocco's OCP Group and France's Bpifrance launched the $150 million Seed of Africa Investment Fund at the Africa Forward Summit…
Newsletter
Airtel Zambia joins the $1bn club
Airtel Networks Zambia Plc crossed US$1 billion in market capitalisation on the Lusaka Securities Exchange…
Spiro bets on batteries, not motorcycles
Spiro co-founder Gagan Gupta told TechCabal that batteries and energy infrastructure, not motorcycles, drive the…
Tanzania self-funds its $24bn budget
Tanzania's Finance Minister Khamis Mussa presented the Tsh62.33 trillion ($24 billion) 2026/27 budget on June…
Cardoso wins Central Bank of the Year
Nigeria's Central Bank was named Central Bank of the Year 2026 at the Central Banking…