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.
Vodacom takes control of Safaricom in $1.6bn deal
Kenya's parliament approved Vodacom's $1.6bn purchase of the government's 15% Safaricom stake, giving South Africa's Vodacom 55% majority control of…
Dangote secures $4bn loan to power Africa’s biggest refinery
Afreximbank underwrites $2.5bn of a $4bn syndicated loan for the Dangote Refinery, Africa's largest at 650,000 bpd, consolidating construction debt…
Kenya tea breaks Sh219bn in export surge
Kenya's tea industry posted Sh218.79 billion in 2025, exporting 652.8 million kilograms to 100 countries, as the government targets Sh100…
Tanzania attracts $1.12bn in Q1 as China leads
Tanzania registered 177 investment projects worth $1.12 billion in Q1 2026, expected to create 19,750 jobs, with China leading foreign…
