African Business

African Business is a magazine focused on the continent's business landscape, published by IC Publications, which is based in London. The magazine was founded by editor Anver Versi and is released monthly. It features coverage of various business happenings throughout Africa, with in-depth reports on particular sectors and industries. As of 2012, the magazine boasted around 140,000 subscribers and is available in both English and French versions.

International, Trade/B2B

English

Magazine

Outlet metrics

Domain Authority

Ranking

Global

#302930

Kenya

#6692

Articles

Japan and Africa look to strengthen ties at Yokohama’s TICAD

1 week ago | african.business | Ben Payton

As African governments scour the globe for economic partners, Japan is not necessarily an obvious place to look. Few Japanese companies maintain a conspicuous presence in Africa, preferring instead to focus on markets closer to home in other parts of Asia. Africa received just 0.5% of Japan’s foreign direct investment by value in 2024 according to the Japanese Ministry of Finance. Distance is one factor hampering the Japan-Africa relationship.
Trump imposes US travel ban on seven African countries

1 week ago | african.business | David Thomas

President Donald Trump has banned citizens from seven African countries from travelling to the United States, citing risks from terrorism and the prevalence of visa overstays. From 9 June, citizens of Chad, Republic of the Congo, Equatorial Guinea, Eritrea, Libya, Somalia, and Sudan will be banned from travelling to the US – part of a 12-strong list of countries worldwide facing the measure. Burundi, Sierra Leone and Togo are among seven nations worldwide to be subjected to partial restrictions.
The power of islands: offshore Africa enters a new energy era

2 weeks ago | african.business | Ben Payton

Scattered around the fringes of the continent, Africa’s small island countries are notable for their diversity. Some – such as Mauritius, a hub for financial services, and Cabo Verde, a tourist hotspot – are relatively wealthy. Others, like Comoros and Madagascar, are among the poorest in the world. The Seychelles consists of low-lying islands that are extremely vulnerable to rising sea levels, whereas São Tomé and Príncipe is made up of towering volcanic peaks.
Meet the lawyer helping African countries escape debt traps

3 weeks ago | african.business | David Thomas

The African Legal Support Facility helps to free countries from the claws of vulture funds. CEO Olivier Pognon talks about its work.
Africa aims to crack $300bn business process outsourcing market

3 weeks ago | african.business | Ben Payton

The business process outsourcing industry, valued at more than $300bn globally according to market research firm Grant View Research, has traditionally been dominated by countries such as India, which offers lower labour costs than western markets alongside a vibrant digital ecosystem. BPO involves hiring external service providers to handle specific business functions, allowing companies to focus on their core competencies.
Botswana’s VP and fin min on diamonds, diversification and tariffs

3 weeks ago | african.business | David Thomas

The 159-year-old debating chamber of the Cambridge Union Society has played host to some of history’s most consequential leaders. From British Prime Ministers Winston Churchill and Margaret Thatcher to US Presidents Theodore Roosevelt and Ronald Reagan, the wood-panelled theatre has resounded to orators of world renown.
Meta’s Nigerian future in doubt after $280m fines

4 weeks ago | african.business | Harry Clynch

Last year the Nigerian authorities moved to impose sweeping fines on the US tech giant Meta, parent company of Facebook, for a range of alleged offences which were this month upheld in the country’s High Court.
Trump era brings rethink of Africa’s energy access challenge

1 month ago | african.business | Ben Payton

At first glance, the first months of the second Trump administration appear less than promising for US engagement with Africa, particularly around efforts to strengthen energy accesss. Just days after Donald Trump re-entered office in January, he allowed his cost-cutting tsar Elon Musk to put the US Agency for International Development “into the wood chipper”.
Africa resolves to reform G20 debt framework at major gathering

1 month ago | african.business | Farai Shawn Matiashe

At the first-ever African Union Conference on Debt in Lomé, policymakers resolved to reform the G20 Common Framework, the debt relief effort forged during the Covid-19 crisis. The G20 Common Framework has been used for Ghana and Zambia’s debt restructuring processes but policymakers say it is slow, creditor-driven and no longer fit for purpose.
Cabo Verde’s ‘tech islands’ vision backed with $50m

1 month ago | african.business | Ben Payton

Cabo Verde officially unveiled its ‘TechPark CV’ this week as the island nation seeks to become a hub for digital services. The project, which is supported by a €45.59m ($50m) investment from the African Development Bank, aims to create up to 1,500 jobs on the island of Santiago and at a smaller campus on São Vicente.