Kenya sells $1.6bn Safaricom stake to Vodacom

Kenya's parliament approved a $1.6bn sale of a 15% Safaricom stake to South Africa's Vodacom, raising Vodacom's control to 55% and reducing government ownership to 20%, with proceeds ring-fenced for infrastructure investment…

Africa climate fund hits $52m close for clean tech startups

Persistent launched the $70m Africa Climate Venture Fund with a $52m…

South Africa manufacturing contracts for fourth straight month

South Africa's manufacturing output fell 2.8% year-on-year in February 2026, the…

Morocco signs $1.2bn deal for Africa’s first AI factory

Morocco signed a $1.2bn deal for the Nexus AI Factory at…

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