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.
IFC and StanChart launch $300m Africa supply chain fund
The IFC and Standard Chartered launched a $300 million risk-sharing supply chain finance facility today covering eight African markets: Ivory…
Varun Beverages buys Twizza for $125m
Varun Beverages, PepsiCo's largest bottler outside the US, completed the R2.1 billion ($125 million) acquisition of South Africa's Twizza in…
Africa startups raise $705m as debt beats equity
African startups raised $705 million in Q1 2026, up 26.5% year on year, with Egypt leading at $190 million. For…
UBA profit halves as FX windfall evaporates
UBA posted N404.7 billion profit in FY2025, down 47% from 2024, as FX trading swung from a N182 billion gain…
