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.
Flutterwave opens Africa payment rails to the world
Flutterwave and Yuno announced a partnership on April 28 that gives global merchants single-API access to African payment rails across…
SA manufacturing bounces to 52.6 but rally in doubt
South Africa's Absa PMI rebounded to 52.6 in April 2026 from 49.0 in March, returning to expansion for the first…
MTN Nigeria Q1 profit surges 166% to N355bn
MTN Nigeria posted N355.5 billion profit after tax in Q1 2026, up 166%, on N1.498 trillion in revenue as data…
OPay hits $3.1bn as Opera flags 85% IPO probability
Opera's FY2025 SEC filing values OPay at $3.1 billion and assigns an 85% probability of an IPO within two years.…
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…