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.

OPay hits $3.1bn as Opera flags 85% IPO probability

Opera's FY2025 SEC filing values OPay at $3.1 billion and assigns an 85% probability of an IPO within two years.…

NUM strikes at Implats in union recognition battle

About 1,800 NUM members are on indefinite strike at Impala Platinum's No.1 Shaft in Rustenburg after the union exceeded the…

Dangote hits $30bn as refinery eyes world record

Forbes has valued Dangote at $30.3 billion for the first time; he has pledged 95,000 jobs as the refinery expands…

Axian buys five Letshego banking units across Africa

Madagascar's Axian Group has signed binding agreements to acquire 100% of Letshego's banking subsidiaries in Ghana, Tanzania, Nigeria, Rwanda and…