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.

Largest companies in Africa 2026

Africa's largest companies by market capitalisation in 2026 span mining, telecoms, financial services, retail and oil refining. This guide covers…

Mineral ban nets Zimbabwe $984m

Zimbabwe's mineral sector posted Q1 2026 sales of $983.85 million, up 79% in value year on year, as the government's…

Pick n Pay sells its crown jewel

Pick n Pay raised R4.7 billion ($282 million) by selling a further 12.5% stake in Boxer Retail through an accelerated…

AngloGold is now Africa’s biggest company

AngloGold Ashanti has overtaken Naspers as Africa's most valuable listed company after its market capitalisation crossed $50 billion, driven by…

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…