Airtel Africa, has released its financial report for the year ended March 31, 2026, posting a strong performance result in its operations. The telecoms company recorded a strong 24.0 per cent growth in constant currency revenues in FY’26, with reported currency revenues increasing by 29.5 per cent to $6.415 billion, reflecting attractive industry fundamentals and…
South Africa’s private sector expanded at its fastest pace in nearly four years in April, as sales and output rose amid supply concerns linked to the Iran war, a business survey showed on Wednesday. The S&P Global South Africa Purchasing Managers’ Index rose to 51.6 in April from 50.8 in March. The 50-mark separates growth…
JSE-listed Altron has firmed up its earnings guidance for the year ended 28 February 2026, with headline earnings per share (Heps) from continuing operations now expected to rise by 31-37% — broadly in line with the more than 30% growth flagged in the group’s 12 February trading statement. In an updated trading statement issued on…
Addis Ababa — A leading Kenyan aviation expert has called for sweeping reforms across Africa’s travel and aviation sectors, arguing that visa-free access and open skies are essential to unlocking the continent’s vast tourism potential. Speaking to ENA on the sidelines of the IATA Focus Africa Conference in Addis Ababa, Charles Gakuu emphasized the urgent…
Banjul — The World Bank Group today released its Country Climate and Development Report (CCDR) for The Gambia, placing jobs, livelihoods, and economic opportunity at the center of the country’s development agenda. The report shows that rising environmental pressures are already affecting productivity, agriculture, and infrastructure, and that targeted resilience-building investments are essential to protect…
Rasan Builds on Momentum Highest-Ever Quarterly Revenue in Q1 2026 (Photo: AETOSWire) Rasan Information Technology Company (Tadawul: 8313), the leading Insurtech and Fintech platform in the Kingdom of Saudi Arabia, today announced its financial results for the first quarter of 2026, delivering highest ever quarterly revenue, accelerated profitability, and broad-based growth across all products. This…
Tourism Minister Patricia de Lille says Africa’s Travel Indaba is a powerful celebration of the continent’s extraordinary potential to drive economic growth through tourism. “This is where travel industry professionals gather, including tour operators, hotels, airlines and tourism boards to showcase products, network, negotiate deals and form partnerships with buyers,” De Lille said on Monday….
The Mojaloop Foundation today announced the appointment of Jean Bosco Iyacu as Chief Executive Officer, effective June 1, 2026. He succeeds Paula Hunter, who will retire. She will transition out of the Executive Director role during the leadership handover. Based in Kigali, Rwanda, Jean Bosco brings more than 15 years of experience in inclusive financial…
Washington DC — Sub-Saharan Africa’s economies entered 2026 with significant momentum. The region had notched its fastest growth rate in 10 years–4.5 percent in 2025–buoyed by reduced macroeconomic imbalances, rising investment levels, and a generally supportive external environment. Countries such as Benin, Côte d’Ivoire, Ethiopia, and Rwanda led the charge, with growth exceeding 6 percent….
British International Investment (BII), has launched its new five-year strategy, with the aim to drive £9 billion of new capital into Africa to support economic growth. A central pillar of the strategy is a focus on accelerating the flow of private capital into African countries. Of the £9 billion, BII will contribute nearly £5 billion,…
