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…