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.

TEF turns $100m into $4.2bn across 24,000 businesses

IN SHORT: The Tony Elumelu Foundation has disbursed over $100 million to 24,000 African entrepreneurs since 2015, generating $4.2 billion…

MTN donates devices to school with perfect matric pass rate

IN SHORT: MTN South Africa has donated digital devices to Qibing Secondary School in the Free State, which recorded a…

Rwanda’s AGUKA creates 128,000 jobs, eyes next phase

IN SHORT: Rwanda's AGUKA youth enterprise programme has generated 128,000 jobs and $9.3 million in income since 2022, exceeding its…

Nigeria’s copyright chief tells MultiChoice: fix the gaps

IN SHORT: Nigeria's Copyright Commission DG Dr John Asein met MultiChoice Nigeria CEO Kemi Omotosho and laid out three areas…

Nigeria health sector records major gains

IN SHORT: Nigeria's health minister Prof. Muhammad Ali Pate says the sector is recording significant…

Namibia rejects Starlink licence application

IN SHORT: Namibia's communications regulator CRAN has formally rejected Starlink's application for both a telecommunications…

Stanbic launches women’s banking in Ghana

IN SHORT: Stanbic Bank Ghana has launched Obaa Sima, a dedicated women's banking proposition targeting…

Ghana makes UN history on slavery

IN SHORT: Ghana tabled a resolution at the UN today declaring the transatlantic slave trade…