Africa is rapidly scaling up solar power, importing record volumes of Chinese panels in 2025 as falling prices and global trade shifts redirect supply toward the continent. Africa imported a record 18.8 GW of Chinese solar panels in 2025. That’s a 48% jump as China redirects supply away from Western markets. Egypt and Algeria led…
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In the second week of March, Africa’s second richest man, Johann Rupert, through Remgro, his investment firm, sold 52 million shares (worth a little over $200 million) in one of Africa’s largest listed financial services groups, FirstRand. Johann Rupert’s investment firm, Remgro, sold its remaining shares in FirstRand, divesting a non-core asset worth over $218…
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Comments from the president of Kenya, William Ruto, on fuel prices in East Africa may have engendered some friction in the region, as Tanzania recently gave a dramatic response. Kenyan President William Ruto commented that higher fuel prices in Kenya are due to its middle-income economy and extensive road network. Ruto asserted that Kenya’s road…
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Africa’s aviation industry is facing mounting pressure as the economic fallout from the war in Iran drives up fuel costs, disrupts flight routes, and threatens the financial stability of several carriers. Africa’s aviation sector is under pressure as the war in Iran drives a sharp rise in global oil and jet fuel prices. Airlines face…
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Africa’s private capital market opened 2026 with a surge in value, even as the number of deals slowed, pointing to a shift in how investors are approaching the continent. Africa’s private capital market hit $16.1 billion in Q1 2026 despite a drop in deal volume. Mega deals in Nigeria, including MTN–IHS and Dangote Refinery financing,…
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Africa’s private capital market is tilting decisively toward consolidation, with mergers and acquisitions accounting for a significant share of deal activity in early 2026 as companies respond to tighter funding conditions and rising competition. M&A made up nearly 25% of Africa’s deals in Q1 2026 as funding remains tight. MTN’s $6.2bn IHS deal signals a…
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