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…
Newsletter
DStv sets World Cup streaming record
DStv Stream recorded over 900,000 concurrent viewers for South Africa's opening World Cup 2026 match…
Nigeria slams the IMF’s tax prescriptions
A Nigerian think tank, the Alliance for Economic Research and Ethics, has criticised the IMF's…
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…