Airtel Money selects London for planned 2026 IPO

Airtel Money is among Africa’s biggest mobile financial services platforms, serving 56.5mn customers across 14 countries.

African countries see SMRs as key to future nuclear development

Small modular reactors are increasingly being seen as the future of nuclear power in Africa, with a growing number of countries viewing the technology as a way to expand electricity access and support long-term economic development.

World Bank backs Eastern Africa power grid integration with $1.6bn programme

The World Bank Group has approved a $1.6bn financing package for the RETRADE-EA, a 10-year initiative aimed at expanding cross-border electricity trade in east Africa and strengthening regional grid integration.

Ugandan general (the president's son) says $3.1bn railway project with Turkish contractor "cancelled"

Gen Muhoozi Kainerugaba, while proclaiming the Yapi Merkezi contract is "cancelled", is pressuring Istanbul to turn over a critic of the Ugandan government living in self-exile in Turkey.

World Bank, AfDB joint initiative Mission 300 connects 50mn people amid African electrification drive

Mission 300 has connected more than 50mn people to electricity across 40 African countries since its launch in 2024, marking a key milestone towards its target of reaching 300mn people by 2030.

Illicit gold networks fuelling conflict, organised crime across Africa and global south, GI-TOC warns

Illicit gold has become a critical source of financing for organised crime, armed groups and sanctioned regimes across Africa, a Global Initiative Against Transnational Organized Crime report finds.

China’s BYD captures 35% of Africa EV market, as latecomer rival Tesla bets on Morocco

Chinese EV giant BYD upped its market share from just 4% in 2023 as electric vehicle sales on the continent accelerated. Tesla is betting on Morocco, Africa’s leading EV manufacturing hub.

ICAO urges airlines to follow COVID-era protocols amid deadly Ebola strain's spread in Africa

The International Civil Aviation Organization (ICAO) is urging governments and airlines to follow health protocols introduced after the COVID-19 pandemic to limit Ebola's spread.

Africa CDC approves $319mn Ebola response for DRC, Uganda outbreak

Ebola outbreak threatens African economies, World Cup football plans

During previous Ebola crises, Confederation of African Football (CAF) tournaments, World Cup qualifiers and domestic league fixtures were postponed, relocated or played behind closed doors.

Uganda set to issue first sovereign sukuk to partly finance $3.16bn Kampala-Malaba railway

Uganda is turning to Islamic finance, regional investors to revive a standard gauge railway (SGR) aimed at boosting East African trade integration.

President Museveni extends Uganda rule to four decades, as defence chief son waits in wings

Yoweri Museveni, Uganda’s president since 1986, has been sworn in for another five-year term, extending his rule to four decades and intensifying speculation over a possible succession by his son, Gen. Muhoozi Kainerugaba.