Safaricom Ethiopia Races Toward Breakeven With 14.7 Million Customers
Safaricom Ethiopia grew active customers 46% to 14.7 million in the June quarter, halved losses and kept EBITDA breakeven on...
August 6, 2026Africa’s capital markets are deepening fast – from the Johannesburg, Nairobi and Lagos exchanges to a fintech boom banking hundreds of millions of people for the first time. The Rio Times follows the currencies (the rand, naira, cedi and shilling), the banks and IPOs, sovereign debt and the foreign capital arriving on increasingly local terms. We cover it through the same investor lens we bring to Latin America, where the emerging-market playbook is strikingly similar. This hub gathers our Africa markets and investment coverage.
Safaricom Ethiopia grew active customers 46% to 14.7 million in the June quarter, halved losses and kept EBITDA breakeven on...
August 6, 2026
Chinese Belt and Road investment in Africa jumped 254% to a record US$33.5 billion in H1 2026, two-thirds of global...
August 6, 2026
Ghana cedi crude payments are President Mahama's answer to a costly dollar rule, telling refineries TOR and Sentuo to pay...
August 6, 2026
HSBC Egypt retail sale to Emirates NBD ends 44 years of consumer banking, books a US$300 million pre-tax gain and...
August 6, 2026
DR Congo's deadline for mining firms to hand 5% of shares to Congolese workers has passed with no public compliance,...
August 6, 2026
Guinea has become the first ECOWAS member to opt out of the eco single currency ahead of its 2027 launch,...
August 6, 2026
AI cybercrime in Africa now drives 55% of reported cases, with losses doubling to US$484 million, INTERPOL's 2026 cyberthreat assessment...
August 6, 2026
Ibrahim Traoré remains Africa's most celebrated young leader, but jihadist violence, mass displacement and a crackdown on clerics tell a...
August 5, 2026
Paul Biya military reshuffle replaces commanders in four of Cameroon's five regions as the 93-year-old president's absence in Europe reaches...
August 5, 2026