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africa-business

5 stories related to this topic, newest first.

Ampersand CEO Discusses Electric Motorbike Operations in East Africatechcentral.co.za
technology1 day agoDeveloping

Ampersand CEO Discusses Electric Motorbike Operations in East Africa

Josh Whale, CEO of Ampersand, spoke with CNN about the company's electric two-wheeler business. The interview covered vertical integration, infrastructure needs, and expansion plans across East Africa.

Cnn
1 source
Africa's Richest Man Says China Dominates Business Due to Financing Supportcitizen.co.za
world14 days agoDeveloping

Africa's Richest Man Says China Dominates Business Due to Financing Support

The businessman said Western countries often do not provide the long-term financing needed for large industrial projects in Africa. He cited Chinese suppliers' practice of offering equipment on credit backed by export insurance as a key advantage. The comments were made during an…

AllAfrica
1 source
Guinea President and Ivorian Prime Minister Arrive in Kigali for Africa CEO Forumtass.com
politics16 days agoDeveloping

Guinea President and Ivorian Prime Minister Arrive in Kigali for Africa CEO Forum

The president of Guinea and the prime minister of Côte d'Ivoire arrived in Kigali on May 12 for the Africa CEO Forum scheduled for May 14-15. The event is expected to draw more than 2,800 participants including over 1,000 CEOs and representatives from more than 1,200 companies. D…

AllAfrica
1 source
Citigroup Hires New Country Officer and Banking Head for South Africafinance.yahoo.com
finance22 days agoDeveloping

Citigroup Hires New Country Officer and Banking Head for South Africa

Citigroup has appointed André Ross as its Country Officer and Banking Head for South Africa. Ross joins the bank from JPMorgan. The appointment was announced on May 7, 2026.

Bloomberg
1 source
Safaricom Annual Profit Rises 67 Percentqz.com
finance22 days agoDeveloping

Safaricom Annual Profit Rises 67 Percent

Safaricom reported a 67 percent increase in annual profit, exceeding analysts’ expectations. The improvement followed a reduction in losses at the company’s unit in Ethiopia. The results were announced on May 7, 2026.

Bloomberg
1 source