Business
Middle East conflict reshapes African business from retail to runways
Woolworths, Ethiopian Airlines, and Uber's EV partner Valternative are each being reshaped — in opposite directions — by the same geopolitical shock.
Global
Meta's AI Bet Lifts Engagement but Dents Profits
Meta's Q2 results show AI-driven usage gains on Instagram and Facebook, but surging infrastructure spending pushed profits below Wall Street expectations and sent the stock down sharply.
Global
Mozambique Hands Chinese Firms 25-Year Zimbabwe Border Deal
A long-term infrastructure contract at a critical southern African crossing highlights China's deepening role in regional logistics and trade corridors.
Politics
Seplat's 430% profit surge leads Nigeria's H1 earnings season
Seplat Energy and FCMB Group both posted blowout half-year results, with Seplat's profit quintupling and FCMB's pre-tax earnings nearly doubling to ₦157.3bn.
Funding
Dimension Data Nigeria Raises ₦4.05B in Debut Bond Tranche
The tech firm's first corporate bond issuance kicks off a ₦20 billion programme — a rare debt capital markets move for a Nigerian technology company.
Most read
- Afreximbank and IDC Sign Investment Pact to Boost African Trade
- M-KOPA hits 10 million customers, adding 10,000 daily
- Nigeria Launches Startup Accelerator Amid Persistent Funding Drought
- Google's Selfie Video Verification: What It Means for Africa
- Samsung's Galaxy Unpacked 2026: What African Tech Users Should Know
The Brief
Global
Africa's Diesel Divide and Currency Weakness Shape Trade in July 2026
Wide gaps in diesel prices across African nations, combined with a cluster of severely weakened currencies, are reshaping the economics of cross-border commerce just as three countries deepen a regional trade pact.
Technology
Mining, Wallets, Staking: Africa's Crypto Primer in Three Parts
Ventureburn's trio of explainers maps the mechanical foundations of crypto participation — relevant context as African on-chain activity accelerates.
The Money
Deal Tracker →Debt
₦4.05B
Dimension Data Nigeria
IT Services · Nigeria
Seed
$2.8M
Fincart
E-commerce / AI · Egypt
Seed
$1.5M
Codar
Edtech · Nigeria
Undisclosed
Undisclosed
ISF (Innovation Support Fund) portfolio
Fintech
Undisclosed
N$4B (~$244M)
Alpha Nautical Services Limited (Anol)
Energy · Namibia
Grant
$12B+
Aliko Dangote Foundation
Philanthropy · Nigeria
The nook Brief
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