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.

AfricaBusiness

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

By
Africaspoint Editorial

Femi Otedola made $36.5 million in paper gains in a single trading day as First HoldCo surged 10% on the…

AfricaBusiness

Africa CEO Forum opens May 14 in Kigali

By
Africaspoint Editorial

The 13th Africa CEO Forum opens in Kigali on May 14 and 15, 2026 with over 2,500 private and public…

AfricaBusiness

Somalia’s Hormuud finances 100,000 smartphones for poor

By
Africaspoint Editorial

Somalia's Hormuud Telecom is financing 100,000 smartphones for low-income subscribers through deposit and instalment payments via its EVC Plus mobile…

AfricaBusiness

Kenya’s first private agri-securitisation at $2.1m

By
Africaspoint Editorial

Fintech Kaleidofin has completed Kenya's first private-sector agriculture-focused securitisation at $2.1 million, converting smallholder farmer loans into tradeable securities and…

Africa fintech unicorn public listing 2026Africa startup funding Q1 2026

Airtel Africa profit triples to $813m as data beats voice

Airtel Africa reported FY2026 profit after tax of $813 million, up 147%, on revenue of…

Africa fintech unicorn public listing 2026Africa telecom infrastructure consolidation

Safaricom FY2026: record KSh80bn dividend, profit up 67%

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

Enoch Godongwana Treasury fiscal policySouth Africa energy transition load shedding end

South Africa unemployment hits 32.7% as 345,000 jobs lost

South Africa's unemployment rate rose to 32.7% in Q1 2026 from 31.4% in Q4 2025…

Dangote Mombasa refinery Kenya East Africa 2026Dangote Refinery IPO 2026

Dangote picks Mombasa for $17bn East Africa refinery

Aliko Dangote told the Financial Times he is leaning toward Mombasa over Tanzania's Tanga for…

Africa cybersecurity AI digital trust technology platform Lagos Nigeria expansion
Africa AI startups 2026Africa enterprise cybersecurity compliance digital trust

Cybervergent launches v3 across four African markets

man using black laptop computer
Africa outpaces Asia growth FDI 2026Africa startup funding Q1 2026

Africa startup funding hits $600m as exits double

South Africa real economy SME growth investment agriculture manufacturing energy startup fund
Africa private equity venture capital 2026Africa startup funding Q1 2026

Secha Capital closes on $40m to back SA’s real economy

Africa diaspora remittance fintech LondonAfrica fintech unicorn public listing 2026

LemFi commits £100m to go global from London

Show More