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.
Secha Capital closes on $40m to back SA’s real economy
South Africa's Secha Capital reached the second close of its $40 million Fund II with E Squared Investments joining as…
LemFi commits £100m to go global from London
Nigerian-founded LemFi committed £100 million to global infrastructure and designated London as its global headquarters as part of the UK-Nigeria…
Equity Bank sweeps Kenya awards as Mwangi takes CEO prize
Equity Bank swept ten categories at Kenya's 2026 Think Business Banking Awards and CEO James Mwangi was named Overall CEO…
Dangote supplies jet fuel to Ethiopian Airlines
Dangote Petroleum Refinery has made its first jet fuel delivery to Ethiopian Airlines, marking the Lagos facility's first cross-border aviation…
Newsletter
Airtel Africa profit triples to $813m as data beats voice
Airtel Africa reported FY2026 profit after tax of $813 million, up 147%, on revenue of…
Safaricom FY2026: record KSh80bn dividend, profit up 67%
Safaricom posted group net income of KSh99.7 billion for FY2026, up 67%, and declared a…
South Africa unemployment hits 32.7% as 345,000 jobs lost
South Africa's unemployment rate rose to 32.7% in Q1 2026 from 31.4% in Q4 2025…
Dangote picks Mombasa for $17bn East Africa refinery
Aliko Dangote told the Financial Times he is leaning toward Mombasa over Tanzania's Tanga for…