africa-business
5 stories related to this topic, newest first.
techcentral.co.zaAmpersand 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.
citizen.co.zaAfrica'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…
tass.comGuinea 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…
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.
qz.comSafaricom 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.