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.
SA mining hits 2-year high on platinum surge
South Africa's mining output surged 9.7% year-on-year in February, the fastest pace since February 2024, driven by a 52.3% jump…
Kenya sells $1.6bn Safaricom stake to Vodacom
Kenya's parliament approved a $1.6bn sale of a 15% Safaricom stake to South Africa's Vodacom, raising Vodacom's control to 55%…
South Africa manufacturing contracts for fourth straight month
South Africa's manufacturing output fell 2.8% year-on-year in February 2026, the fourth consecutive monthly contraction and worst since April 2025,…
Diageo’s $2.3bn EABL sale clears Kenya court
A Kenyan court cleared Diageo's $2.3bn sale of East African Breweries to Japan's Asahi Group on April 10, dismissing a…
Newsletter
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…