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.
IFC pays $111m for Morocco’s waste
The IFC approved a €95 million ($111 million) loan for Morocco's OCP Group to build a 22-million-tonne phosphogypsum storage facility…
Ghana pushes miners for 30% gold
Ghana's central bank is pushing large-scale gold miners to sell 30% of annual output to the state, up from 20%,…
Dangote’s Ethiopia bet hits $4bn
Aliko Dangote has raised his group's planned investment in an Ethiopian fertiliser complex to over $4 billion, nearly doubling the…
Dangote’s Ethiopia bet hits $4bn
Aliko Dangote has raised the Dangote Group's investment in an Ethiopian fertiliser complex at Gode to more than $4 billion,…
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…