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.

African banks cross $107bn revenue for first time

African banks crossed $107 billion in revenues in 2025 for the first time, with a 19% return on equity nearly…

DRC to overtake Ethiopia as Africa’s 5th economy

The IMF forecasts the DRC's GDP reaching $123 billion in 2026, edging past Ethiopia's $122 billion to become Sub-Saharan Africa's…

Ramaphosa offers Starlink a BEE workaround

President Ramaphosa offered Starlink an equity-equivalence compliance path on April 15, but SA's telecoms licensing rules require specific regulatory changes…

ADNOC eyes Shell’s 600 SA fuel stations for $1bn

ADNOC is in advanced talks to acquire Shell's 600 South Africa fuel stations for about $1 billion, ending 120 years…