Markets topics, trade, manufacturing, ports, commodities and the companies reshaping African commerce.
Two uncles hunting for better baby gifts built a London sleepwear company that draws Turkish textile partners and Cape Town software into one operation — and last year widened into Kidly, Storksak and Babymel.
By Chinedu Eze · Johannesburg
Westfalia Fruit grew from a geologist’s 1929 estate purchase near Tzaneen. Today the industry it helped build is a roughly 160,000-tonne business facing tough European prices.
By Thabo Molefe · Johannesburg
The South African lender completed the deal through a block trade on the Nairobi bourse on 3 November. NCBA stays listed, with about a third of its shares in public hands.
By Amina Yusuf · Nairobi
Ousmane Sonko’s Pastef majority voted the bill down, deepening his feud with President Bassirou Diomaye Faye. The revised budget raised the deficit target to 7.6% of GDP and cut growth to 2.7%.
By Fatou Diallo · Dakar
The Solar MD founder and CEO built Solar MD into a Cape Town lithium battery maker selling worldwide with co-founder Kostadin Petkov. Now he is co-founding SAEV Charge, taking Solar MD into India and backing new companies, all as a member of YPO.
By Chinedu Eze · Lagos
Washington cites trade barriers, corruption and “threats to US national security”. Cars, citrus and wine lose duty-free entry if the decision stands. Pretoria says AGOA covers only about 10% of what it sells to the US.
By Thabo Molefe · Johannesburg
Shares priced at EGP 5.30, the top of the range, value the state-owned lender at about EGP 80.8bn. Retail investors bid for 27 times the stock on offer, and the exchange will let the price move up to 40% on day one.
By Yasmine El-Sayed · Cairo
The farm-out sets up an appraisal well in the coming months. If it succeeds, Egina South would be tied back to the Egina FPSO 30 km away instead of needing a new vessel. No price was disclosed.
By Chinedu Eze · Lagos
The Sentry says ADF-controlled mines around Manguredjipa alone earn the group $1m–1.6m a year, letting it rely less on Islamic State money. It traces the metal through Butembo to Ugandan refiners and Dubai. Kampala and Kinshasa did not respond to Reuters.
By Amina Yusuf · Nairobi
State refiner SONARA, idle since a 2019 fire, will buy petrol, diesel and jet fuel straight from Lekki, with MRS shipping it to Limbé. Aliko Dangote’s trip to Yaoundé was called off at the last minute. The contract value has not been disclosed.
By Chinedu Eze · Lagos
Prime Minister Judith Suminwa told MPs that the 2027 finance bill is up about 12% on this year’s revised budget. She is counting on current revenue of $17.5bn and an assumed exchange rate of 2,300 francs to the dollar.
By Fatou Diallo · Dakar
A week after one of Egypt’s biggest listings in years, Dutch parent MNT Investments has paid up a capital increase of about $71 million, about half of what it raised by selling shares. Its stake rises to just over 80%. Regulators must still sign off.
By Yasmine El-Sayed · Cairo
Chief executive Moussa Diao and trading head Hervé Bouvet are buying the Geneva-based fuel trader and distributor from founder Jean-Claude Gandur. Afreximbank is sole lender on a deal reported at about $1bn, as importers look for supply security in a fuel-price shock.
By Chinedu Eze · Lagos
Governor Felisberto Navalha told the Bank of Mozambique’s advisory council in Tete that a work plan with the mining ministry is being drawn up. No volumes or start date yet, and output has been falling while Manica and Niassa mines are suspended.
By Thabo Molefe · Johannesburg
The unanimous 25-basis-point hike takes prime lending to 10.5%. Inflation has jumped to 5.4% on transport costs, the trade deficit has nearly doubled, and the central bank wants to narrow the rate gap with South Africa before money leaves.
By Naledi van Wyk · Cape Town
The 2026–27 supplementary external borrowing plan — $20.52 billion plus €1.045 billion — now sits with the Senate debt committee. The finance minister says about $10.6 billion is for transport; opposition candidates want project-by-project disclosure first, 80 days before the presidential vote.
By Amara Okonkwo · Lagos
100% takeover from ASL Aviation, with conditions on information exchange and Lanseria access; closing expected late 2026.
By Thabo Molefe · Johannesburg
Development-finance mobilisation story with an industrial-productivity frame.
By Amina Yusuf · Nairobi
Upstream accident on Dussafu licence; production at MaBoMo paused under procedure.
By Chinedu Eze · Lagos
By Amina Yusuf · Nairobi
By Amara Okonkwo · Lagos
By Thabo Molefe · Johannesburg
By Kwame Mensah · Accra
By Rania Benali · Cairo
By Thabo Molefe · Johannesburg
By Naledi van Wyk · Cape Town
By Thabo Molefe · Johannesburg
By Kwame Mensah · Accra
.jpg){kind=link}
.jpg){kind=link}
