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African companies

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  • Friday, 29 September, 2023
    South African economy
    Departure of CEO adds to crisis at South Africa’s port and rail monopoly

    Transnet predicted to become ‘next Eskom’ as problems pile up at state transport group

    Portia Derby,
  • Tuesday, 26 September, 2023
    News in-depthNigeria
    Nigerian rapper’s death exposes murky side of Afrobeats music

    Rising star’s sudden demise after raising maltreatment accusations puts genre in the spotlight

    People hold candle lights and a flare during a minute of silence at a protest inside a park in Lagos, Nigeria to demand justice for Afrobeat star MohBad following his mysterious death
  • Monday, 18 September, 2023
    Naspers Ltd
    Naspers chief Bob van Dijk to step down

    During nine-year tenure, he oversaw internet group’s expansion including big investments in India

    Bob van Dijk in Amsterdam
  • Tuesday, 5 September, 2023
    Vedanta Resources PLC
    Vedanta to take back ownership of Zambian copper mine

    Indian group to invest $1bn over 5 years to revive KCM after it struggled under state ownership

    A miner using a machine to excavate copper ore
  • Sunday, 27 August, 2023
    News in-depthSafaricom Ltd
    Safaricom’s mobile money rollout in Ethiopia marks moment for ‘last frontier’

    Privatisation wave makes country of 120mn people a tempting target for digital services

    A Safaricom advert in Nairobi
  • Tuesday, 22 August, 2023
    Nigeria
    UK authorities charge former Nigeria oil minister with bribery

    Diezani Alison-Madueke accused of taking kickbacks for awarding multimillion-dollar oil and gas contracts

    Former Nigerian oil minister Diezani Alison-Madueke speaks at an event
  • Monday, 21 August, 2023
    LexCoal
    Thungela: rail fails transport miner from ignition to ignominy Premium content

    South Africa’s pitiful record of neglecting its infrastructure blights share’s valuation

    Coal being transported in open wagons
  • Tuesday, 15 August, 2023
    Energy sector
    Start-up taps carbon markets to boost clean cooking in Africa

    Koko Networks has raised more than $100mn through carbon finance

  • Monday, 14 August, 2023
    MTN Group Ltd
    Mastercard to take minority stake in fintech arm of South Africa’s MTN

    Division that covers payments and remittances valued at more than $5bn

    A receptionist and two men in the entrance hall of MTN’s Johannesburg headquarters
  • Thursday, 3 August, 2023
    GSK PLC
    GSK to cease direct business in Nigeria amid economic pressure

    Drugmaker does not specify reason but forex shortage has put pressure on multinationals

  • Friday, 28 July, 2023
    News in-depthSport
    Padel power: players and investors flock to tennis’s upstart rival

    Social sport enjoys boom as investors rush to open clubs and professional contests vie for prominence

    Juan Tello of Argentina and Alejandro Galan of Spain at the Paris Premier Padel Major at Roland Garros last summer
  • Thursday, 13 July, 2023
    David Pilling
    Nigeria’s recovery might be a better bet than South Africa’s

    The two giants have faced a decade of woe but one has a better chance of turning a corner

    Passengers sit at a bus station beside campaign poster of President Bola Tinubu and Vice President Kashim Shettima in Lagos last month
  • Saturday, 1 July, 2023
    Mining
    De Beers and Botswana strike deal on diamond sales after tense talks

    Negotiations had raised uncertainty over strategic value of miner for owner Anglo American

    Diamonds from Botswana’s mines are graded at De Beers office in Gaborone
  • Wednesday, 28 June, 2023
    Special ReportInvesting in Nigeria
    China affords Nigeria ‘super’ target status

    Activities give sense of the importance Chinese companies in several sectors attach to country’s potential

    Website of African fintech company OPay on iPhone
  • Wednesday, 28 June, 2023
    Special ReportInvesting in Nigeria
    Dangote oil scheme raises Nigeria hopes of more refined future

    The project, long in the making, is the brainchild of Africa’s richest man, Aliko Dangote

    Nigerian President Muhammadu Buhari (C) cuts the tape to inaugurate the Dangote Petroleum Refinery and Petrochemicals flanked by (from R to L) Senate President Ahmad Lawan, President/CEO Dangote Industries, Aliko Dangote, Togolese President Faure Gnassingbe, Chairman All Progressives Congress (APC) Abdullahi Adamu, Governor Dapo Abiodun, and Group executive director, Dangote Industries Devakumar Edwin
  • Wednesday, 28 June, 2023
    Special ReportInvesting in Nigeria
    Nigeria’s oil and gas industry fails to cash in on global energy hunger

    Poor security and infrastructural under-investment blight national prospects

    a worker at an NNPC facility in Edo state
  • Tuesday, 27 June, 2023
    Naspers Ltd
    Naspers and Prosus to exit cross-shareholding

    South African internet group owns more than a quarter of China’s Tencent

    Naspers and Prosus chief executive Bob van Dijk
  • Tuesday, 27 June, 2023
    InterviewDR Congo
    DR Congo sounds alarm about cobalt prospects

    Head of DRC state mining group says country has lost opportunity to leverage market dominance

    A worker prepares sacks of cobalt powder at a mine in the Democratic Republic of Congo
  • Wednesday, 14 June, 2023
    Nigeria
    End to Nigeria currency peg causes biggest fall in naira’s history

    Abandonment of years-long policy follows removal of central bank chief Godwin Emefiele

  • Monday, 12 June, 2023
    Nigeria
    Nigeria’s foray into economic orthodoxy cheers investors

    Removal of central bank chief and scrapping of fuel subsidies gives markets ‘everything they hoped for’

    Two men in discussion as one looks at his mobile phone next to other passengers at a bus shelter
  • Thursday, 1 June, 2023
    Nigeria
    Nigeria president’s move to end petrol subsidies sparks chaos

    Rush to stock up fuel causes long queues at service stations and immediate scarcity

    People sell black market fuel on the street in Lagos, Nigeria
  • Friday, 26 May, 2023
    News in-depthWar in Ukraine
    The cigar-chomping ‘Kissinger’ behind Africa’s mission to end Ukraine war

    Veteran fixer Jean-Yves Ollivier brokers an improbable plan to take six of the continent’s leaders to Moscow and Kyiv

    Jean-Yves Ollivier
  • Thursday, 25 May, 2023
    Special Report
    Africa’s Fastest Growing Companies

    FT-Statista’s top 100, plus: global shocks test continent’s resilience; Nigeria leads; DRC solar offers hope; Egypt must reform to build on success stories; healthcare rises to dialysis challenge; the drive to digital; investors who do their research

    illustration of African workers bursting out from the page
  • Thursday, 25 May, 2023
    Ziad Bahaa Eldin
    Egypt must face reality and reform to build on its success stories

    The need is to transform the minority of successful Egyptian companies into an overwhelming majority

    A woman walks out of a currency exchange shop displaying a giant US dollar banknote
  • Thursday, 25 May, 2023
    Special ReportAfrica’s Fastest Growing Companies
    Global shocks put Africa’s resilient spirit to the test

    Entrepreneurial flair continues to be key feature of continent’s economic dynamism

    illustration of marathon runners dumping cash on their heads from drinking cups
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