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.

Africa CEO Forum Kigali Rwanda 2026 scale private sector summit business leadership
AfricaBusiness

Africa CEO Forum opens in Kigali: scale or fail

By
Africaspoint Editorial

The 13th Africa CEO Forum opened in Kigali on May 14 with 2,800 delegates, six heads of state and the…

Airtel Africa FY2026 data mobile money revenue profit record IPO telecom 2026
AfricaBusiness

Airtel Africa triples profit to $813m

By
Africaspoint Editorial

Airtel Africa reported FY2026 profit after tax of $813 million, up 147%, on revenue of $6.42 billion as data overtook…

Safaricom Kenya FY2026 record profit dividend M-Pesa Ethiopia telecom finance Nairobi
AfricaBusiness

Safaricom smashes records with KSh80bn dividend

By
Africaspoint Editorial

Safaricom posted group net income of KSh99.7 billion for FY2026, up 67%, and declared a record KSh80.13 billion dividend, the…

AfricaBusiness

Top African fintech companies 2026

By
Africaspoint Editorial

Africa's top fintech companies in 2026 span payments, lending, digital banking, insurance technology and open banking infrastructure. From Flutterwave and…

Africa gold mining JSE market cap 2026Airtel Zambia $1 billion market capitalisation LuSE Lusaka Securities Exchange 2026

Airtel Zambia joins the $1bn club

Airtel Networks Zambia Plc crossed US$1 billion in market capitalisation on the Lusaka Securities Exchange…

Ethiopia EV electric motorcycle Spiro Roam BasiGo Kenya 80 percent 2026Nala stablecoin Tanzania fintech $50m Liquidity MUFG 2026

Spiro bets on batteries, not motorcycles

Spiro co-founder Gagan Gupta told TechCabal that batteries and energy infrastructure, not motorcycles, drive the…

Africa minerals railway DRC Zambia AngolaRwanda

Tanzania self-funds its $24bn budget

Tanzania's Finance Minister Khamis Mussa presented the Tsh62.33 trillion ($24 billion) 2026/27 budget on June…

CBN Nigeria Central Bank Year award Cardoso reform FX inflation 2026Nigeria

Cardoso wins Central Bank of the Year

Nigeria's Central Bank was named Central Bank of the Year 2026 at the Central Banking…

shallow focus photography of Taxi signage
Africa mobile money credit scoring device financeFintech

Cape Town taxis go cashless from June 1

BankingFemi Otedola First HoldCo Nigeria banking 2026

Otedola gains $36.5m in a day on First HoldCo surge

Africa CEO Forum Kigali Rwanda 2026Africa Forward Summit Nairobi 2026

Africa CEO Forum opens May 14 in Kigali

Africa mobile money credit scoring device financeFlutterwave

Somalia’s Hormuud finances 100,000 smartphones for poor

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