Alerts
An insurance company backed by SportPesa co-founder Ronald Karauri has captured a quarter of Kenya’s matatu insurance market, challenging an established rival partly owned by President William Ruto’s family.
Italian energy giant Eni will pay investors a special dividend of approximately $1.46 billion (€1.3 billion) after its third-quarter profit more than doubled, while projects in West Africa helped push oil and gas production higher.
PepsiCo has locked in a new 11-year distribution agreement with Taco Bell to remain its exclusive beverage provider through 2036. This long-term contract renewal comes shortly after sister restaurant chain KFC decided to switch its main American soda supplier to Coca-Cola.
Kenya is preparing to open a collection of strategically important port and cargo facilities to private investors under a concession programme expected to attract about $1.17 billion (KSh151.9 billion).
French billionaire Vincent Bolloré’s family-backed Canal+ has reported $7.2 billion (€6.41 billion) in revenue for the first nine months of 2026, as its takeover of South Africa’s MultiChoice transformed the scale of its African business.
Algeria has reportedly instructed domestic producers to stop exporting urea fertiliser to France, escalating an economic confrontation linked to President Emmanuel Macron’s support for Morocco’s position on Western Sahara. The restriction threatens a trade flow worth approximately $219 million in 20...
Ugandan President Yoweri Museveni has formally commissioned a series of new military installations and equipment developed through bilateral defense cooperation with Russia.
The French government has announced the official cancellation of President Emmanuel Macron's planned visit to Nigeria and Senegal.
The Central Bank of Nigeria has granted JPMorgan approval-in-principle to establish a merchant bank, moving the largest US bank closer to expanding its decades-old presence in Africa’s most populous country. The proposed institution will be called JPMorgan Merchant Bank Nigeria Limited and will be l...
Benin’s newly elected leader, President Romuald Wadagni, is preparing for an official diplomatic tour to the United Arab Emirates and Russia.
The French government has announced the official cancellation of President Emmanuel Macron's planned visit to Nigeria and Senegal.
South African billionaire Christo Wiese-backed Shoprite Holdings is in talks with Investec over a potential partnership to expand financial services to millions of customers, as Africa's largest grocery retailer seeks to capture a bigger share of everyday banking transactions.
