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Business Africa

Eric Trump Expands Family’s Defence Portfolio With Space-Eyes Investment

Eric Trump has expanded the Trump family’s presence in...

FIFA Abandons World Cup Stake Sale Plan After Global Backlash

FIFA has abandoned its controversial proposal to sell a...

Magaia’s Last Gasp Equaliser Keeps South Africa’s WAFCON Hopes Alive

South Africa kept their 2026 Women’s Africa Cup of...

Dubai Financial Hub Surpasses 10,000 Companies as Global Business Demand Accelerates

Dubai International Financial Centre (DIFC) has surpassed 10,000 active registered companies for the first time, marking a major milestone in its ambition to become...

Barclays Adopts Wall Street Style Pay Model as Higher Bonuses Lift Compensation

Barclays is shifting to a more Wall Street style compensation model by increasing the share of performance based pay for senior investment bankers, giving...

Dangote to Donate One Third of Fortune as Family Backs Long Term Succession Plan

Africa’s richest man, Aliko Dangote, plans to dedicate one third of his personal fortune to charitable causes, with his family publicly supporting the commitment...

Malawi Installs First Utility Scale Battery to Strengthen Solar Power and Grid Reliability

Malawi has commissioned its first utility scale battery energy storage system, a 20 megawatt facility designed to store solar power and stabilise electricity supply...

Afreximbank and IDC Sign Three Year Deal to Deploy $8 Billion into South African Industry

The African Export-Import Bank (Afreximbank) and South Africa’s Industrial Development Corporation (IDC) have signed a three year Memorandum of Understanding to deploy $8 billion...

Angola Raises More Than $300 Million in Oversubscribed Unitel IPO

Angola has raised 300.3 billion kwanzas (about $329 million) after investors oversubscribed the initial public offering of a 15% stake in Unitel, the country’s...

South Africa Adds Angolan Kwanza to Regional Payment System in Boost for Cross Border Trade

South Africa has introduced the Angolan kwanza as a settlement currency in the Southern African Development Community Real Time Gross Settlement (SADC RTGS) system,...

DCC Energy Agrees to £5.7 Billion Takeover by KKR and Energy Capital Partners

Irish energy distribution company DCC Energy has agreed to a £5.7 billion takeover by a consortium comprising private equity firm KKR and Energy Capital...

Vodafone Beats Revenue Estimates as Germany Returns to Growth

Vodafone Group reported first quarter results that exceeded market expectations, driven by stronger service revenue growth in Germany and continued momentum across its African...

Burkina Faso Records More Than $6 Billion in Official Gold Trade as Mining Reforms Gain Momentum

Burkina Faso has recorded more than $6 billion worth of gold through official production and procurement channels during the first six months of 2026,...

David Jonsson Cast as Prince T’Challa II in Marvel’s Black Panther 3

Marvel Studios has officially cast British actor David Jonsson as Prince T’Challa II, the son of the late King T’Challa, in Black Panther 3....

Tunde Onakoya, Sam Otigba and HackSultan Launch ₦250 Million Tech Scholarship for NYSC Members and Graduates

Chess in Slums Africa founder Tunde Onakoya has partnered with Jobs59 founder Sam Otigba and AltSchool Africa founder Sultan Akintunde, widely known as HackSultan,...
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