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.

Dangote seals $4.2bn gas deal with GCL

Dangote Industries and China's GCL Group have signed a $4.2 billion, 25-year natural gas supply deal to power a 3-million-tonne-per-year…

Africa becomes Europe’s gas lifeline

The Strait of Hormuz closure and collapsing Russian supply have pushed Europe toward Africa's LNG and pipeline gas. Algeria, Nigeria,…

Nigeria and UAE seal $200m defence pact

Nigeria-based Nigus International Investment Limited and UAE-headquartered Elmirate Capital have signed a $200 million MOU to build a defence technology,…

Russia agrees to stop recruiting Kenyans

Kenya's Foreign Minister Musalia Mudavadi secured an agreement in Moscow on March 16 that Russia will stop recruiting Kenyan nationals…

DStv sets World Cup streaming record

DStv Stream recorded over 900,000 concurrent viewers for South Africa's opening World Cup 2026 match…

Stop checking passports, SA minister warns

South Africa's Justice Minister Mmamoloko Kubayi warned at an Inter-Ministerial Committee on Migration briefing on…

Dangote’s petrol unit is down 34%

The Dangote Petroleum Refinery has been running its main petrol-producing RFCCU unit at 34% below…