Access Bank’s Bidvest Bank Acquisition Falters Amidst Nigerian Regulatory Scrutiny Johannesburg, South Africa – A proposed deal that held the potential to significantly expand Access Bank’s presence in Southern Africa has collapsed. The Nigerian financial institution’s planned acquisition of Bidvest Bank has been terminated due to challenges in securing necessary regulatory approvals from the Central … Read more
Petrobras Re-enters African Energy Market with Namibia Offshore Stake In a significant move signaling a renewed focus on international expansion, Brazilian state-owned oil company Petrobras has re-entered the African energy sector. The company has acquired a 42.5 percent stake in an offshore oil exploration block located off the coast of Namibia, marking a strategic return … Read more
Africa’s Tech Sector Sees Acquisition Surge as Funding Landscape Shifts NAIROBI, Kenya – A dramatic reshaping of Africa’s technology landscape is underway, with mergers and acquisitions (M&A) rapidly eclipsing traditional funding rounds as the preferred engine for growth. Data reveals a significant uptick in deal-making, signaling a maturing ecosystem and a pragmatic response to evolving … Read more
Lagos, Nigeria – January 26, 2026 – In a significant shift for Nigerian air cargo operations, the Federal Airports Authority of Nigeria (FAAN) is set to implement long-awaited tariff increases on February 2, 2026. This marks the first adjustment to cargo-related charges in nearly two decades, a period during which operational costs have steadily risen. … Read more
SAA and CemAir Launch Domestic Codeshare, Expanding South African Flight Options Johannesburg, South Africa – In a move poised to reshape domestic air travel within South Africa, South African Airways (SAA) and privately-owned CemAir have announced a new codeshare agreement. The partnership, unveiled on Monday, aims to bolster connectivity between major South African cities and … Read more