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.

World Bank approves $240m to protect West Africa’s coastline

The World Bank has approved $240 million for WACA+, a new coastal protection and blue economy programme in Benin and…

Ban children from social media, CEO urges

Pinterest CEO Bill Ready has called on governments to ban under-16s from social media, arguing platforms are designed to maximise…

KRA wants VAT on every business in Kenya

The Kenya Revenue Authority wants the VAT registration threshold cut from $39,000 (KES 5 million) to zero, pulling every business…

South Africa’s offshore oil push survives four years of courts

Four years of legal battles have slowed but not stopped South Africa's offshore oil and gas ambitions. Shell's Wild Coast…

Nigeria health sector records major gains

IN SHORT: Nigeria's health minister Prof. Muhammad Ali Pate says the sector is recording significant…

Namibia rejects Starlink licence application

IN SHORT: Namibia's communications regulator CRAN has formally rejected Starlink's application for both a telecommunications…

Stanbic launches women’s banking in Ghana

IN SHORT: Stanbic Bank Ghana has launched Obaa Sima, a dedicated women's banking proposition targeting…

Ghana makes UN history on slavery

IN SHORT: Ghana tabled a resolution at the UN today declaring the transatlantic slave trade…