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.

Nigeria Locks Shea Exports for Another Year

Nigeria has extended its ban on raw shea nut exports by one year, pushing the world's largest producer to build…

Anglo American Takes $2.3 Billion Hit on De Beers as Sale Process Nears Completion

Anglo American has booked a second consecutive multi-billion-dollar impairment on De Beers — $2.3 billion in 2025 after $2.9 billion…

Zimbabwe Halts All Raw Mineral Exports to Force Processing at Home

Zimbabwe has suspended exports of all raw minerals and lithium concentrates with immediate effect, including consignments already in transit, in…

Pesalink and PAPSS Link Up to Cut the Cost of Cross-Border Payments Across Africa

Kenya's instant payment network Pesalink has partnered with PAPSS to enable 24/7 cross-border transfers settled in local currencies, connecting over…