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.

EU commits $475m to Kenya’s digital push

The EU has committed $475 million (€430 million) to Kenya's digital transformation since 2021, connecting 400 schools, training 1.9 million…

SAA is Africa’s first Bitcoin airline

South African Airways is the first major African airline to accept Bitcoin for flight bookings, using Ozow and MoneyBadger's Lightning…

Kenya’s $4bn railway breaks free of China

Kenya has restarted construction of the SGR extension stalled since 2019, raising up to $4bn through revenue securitisation rather than…

South Africa turns to Dangote for fuel

South Africa has lost half its refining capacity and gets 75% of its fuel from the Middle East. With the…

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…