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Tuesday, October 28, 2025

The African Business - News About African business

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Nigeria in talks with China for $2bn loan for super grid

Newly Inaugurated Cabinda Refinery Awarded Downstream Operator of the Year in Luanda

Africa is becoming one of China’s favorite markets, and Trump may have helped
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Business

DHL plans to invest €300m to expand logistics in Africa

Kenya Airways takes off on locally made jet biofuel in bid to attract green investment

Africa’s second-largest telecom operator to invest $29 million in 5G expansion in South Africa

French media giant Canal+ to list in South Africa after $3 billion MultiChoice takeover

Africa’s refining capacity expands as Uganda’s $4 billion oil refinery nears 2030 start

Dangote’s wealth rebounds to $29 billion despite domestic pressures, on cement and refinery growth

Nigerian billionaire to invest $800 million in four offshore oil blocks in Liberia

Elon Musk is a step closer to becoming a trillionaire. Here’s a look at his rising wealth

South Africa’s MultiChoice set for new ownership as $3bn takeover deal gets green light
Finance

South Africa banks curb lending over climate-related default risks, study finds

Armando Jorge Mota Announced as New CEO of Sanlam Angola Seguros

Nigeria asks banks to save forex gains amid currency risks

PayPal finally launches Apple Pay support for its credit and debit cards

TLG Capital launches ₦2.25B collateralized credit facility for OnePipe

Silicon Valley Bank: Global bank stocks slump despite Biden reassurances

[Kenya] Digital credit provider Tala disbursed Sh240 billion in loans in eight years

Digital banking revolution can help SA banks regain their customers’ love, says BCG

Nigeria launches payments card program to rival Visa and Mastercard
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Business

DHL plans to invest €300m to expand logistics in Africa

by TAB

16/10/2025

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Business

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Shoprite steams ahead, with double-digit earnings and dividend growth

by TAB

12/09/2022

Shoprite steams ahead, with double-digit earnings and dividend growth Shoprite Holdings – Africa’s largest grocer – on Tuesday delivered another robust full-year...

MTN Group settles $300 million Eurobonds ahead of 2024 maturity

by TAB

05/09/2022

MTN Group settles $300 million Eurobonds ahead of 2024 maturity MTN Group Limited has announced an early settlement for its...

Twitter is overhauling its spam-fighting team after a whistleblower accused the company of lying to federal regulators and Elon Musk about bots

Twitter will roll out long-awaited edit button to paid subscribers

by TAB

02/09/2022

Twitter will roll out long-awaited edit button to paid subscribers For years, Twitter users have demanded the ability to edit...

Ethiopian Airlines to commence flights to Chennai, India

Ethiopian Airlines profit skyrockets as East African carriers fortunes dwindle

by TAB

02/09/2022

Ethiopian Airlines profit skyrockets as East African carriers fortunes dwindle Ethiopian Airlines, the leading African flag carrier, on Wednesday reported...

Vodacom launches Tanzania’s first 5G technology

by TAB

02/09/2022

Vodacom launches Tanzania's first 5G technology Vodacom Tanzania Plc has launched Tanzania's first 5G technology in what promises to be...

McKinsey expects African fintech revenues to soar to $30.3 billion by 2025

by TAB

02/09/2022

McKinsey expects African fintech revenues to soar to $30.3 billion by 2025 A new report examining the state of the...

Ford asks US gov’t to speed up mining permits

by TAB

01/09/2022

Ford asks US gov’t to speed up mining permits US carmaker Ford Motor is asking the Biden administration to speed...

Toshiba and KenGen conclude agreement on Operation and Maintenance Services for Geothermal power plants

by TAB

31/08/2022

Toshiba and KenGen conclude agreement on Operation and Maintenance Services for Geothermal power plants Kenya Electricity Generating Company PLC, KenGen,...