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.

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

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

Safaricom doubles home fibre speeds as rivals enter

Safaricom doubled its entry-level Home Fibre speed from 15 Mbps to 40 Mbps at no extra cost and raised speeds…

Shiprazor raises $2.65m to fix Africa e-commerce logistics

Cape Town logistics startup Shiprazor raised $2.65 million in seed funding, bringing total capital to $3.3 million, to expand its…

Cybervergent launches v3 across four African markets

Lagos-based Cybervergent, Africa's first AI-native posture management platform, launched its third version and expanded into Kenya, Ghana and South Africa…

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…