Ethio Telecom Cements Market Lead with 73% Revenue Jump
Ethiopia's leading telco Ethio Telecom capped its three-year LEAD Growth Strategy with all-time high revenues and continued expansion across digital and network infrastructure, reinforcing its dominance in Ethiopia’s liberalizing telecoms [...]
Airtel Africa Profits Up 408% in Q1 as Customer Base Increases by 14 Million
Airtel Africa's Profit after tax soared by over 400% to US$156 million in Q1 2026, with revenues up 22% to US$1.42 billion, compared to the same period last year. Metric [...]MTN Uganda Shareholders Approve Plan to Spin Off Mobile Money Unit
MTN Uganda shareholders voted to spin off the company’s mobile money business into a standalone fintech, which will reshape Uganda’s digital payments landscape and unlock billions in value for Africa’s [...]Expensive Mobile Data is Stalling Africa’s Digital Leap, World Bank
Sub-Saharan Africa faces a significant hurdle in its digital transformation journey, prohibitively expensive mobile data, a new study by World Bank documents. For the poorest 40% of the population, this [...]
Africa’s Quiet Resilience in a Fragmented Global Economy
Amid escalating geopolitical tensions and a slowing global economy, Africa is quietly emerging as an unlikely standout in global trade, particularly through stronger-than-expected export growth in the first quarter of [...]Japan Agency Assigns A+ Credit Rating to Africa Finance Corporation, Flags Nigerian Dominance
Japan Credit Rating Agency, Ltd (JCR) has assigned the Africa Finance Corporation (AFC) a long-term Issuer credit rating of A+ with a stable outlook. AFC lends to African countries, whose [...]
Zanzibar, Bali, and the Real Test of Tourism: Who Owns the Upside?
How one island built a global tourism brand and why Africa must go further by building inclusive prosperity. Bali and Zanzibar are two of the most naturally and culturally gifted [...]
The Transformative Impact of the Tony Elumelu Foundation on African Businesses
The Tony Elumelu Foundation (TEF) stands as a beacon of hope for African entrepreneurship, reshaping the continent's economic landscape since its inception in 2015. Through its flagship Entrepreneurship Programme, TEF [...]
AFRAA Warns Against Profit-Driven Airport Concessions, Months After Adani Deal Cancelation
An emerging trend across Africa is the increasing outsourcing of airport services and operations to private sector businesses through concessioning agreements. “These private entities are motivated by profit and often [...]Jamaica Joins Afreximbank
Jamaica has officially acceded to the Establishment Agreement of African Export-Import Bank (Afreximbank), becoming the 13th Caribbean Community (CARICOM) Member State of the African Multilateral Financial Institution. The agreement creates real [...]Nigerian Crypto Exchange Roqqu Acquires Local Startup, Eyes East African Region
Roqqu, a Nigerian cryptocurrency exchange, has acquired Flitaa — a Kenyan-based crypto startup operating across four African countries in a deal that marks the first publicly disclosed crypto consolidation on [...]Lessons for Kenya from IMF Assessments in Cameroon and Sri Lanka
As Kenya contemplates undergoing a Governance Diagnostic Assessment (GDA) by the International Monetary Fund (IMF), the experiences of Sri Lanka and Cameroon offer timely and cautionary lessons. While such an [...]
