05/02/2026
๐ - AFRICA BUSINESS NEWS BRIEF | May 2026
Here are this week's top business highlights shaping the African continent:
๐ฆ Equity Group is pursuing bank acquisitions in Angola, Zambia & Mozambique โ targeting 15 African countries by 2030.
๐ https://www.cnbcafrica.com/2026/kenyas-equity-group-hunts-for-acquisitions-in-zambia-angola-and-mozambique-ceo-says
๐จ๐ณ China's new zero-tariff policy for 53 African nations takes effect May 1 โ the first major economy to unilaterally open its market to the continent.
๐ https://english.news.cn/20260501/4a61884b19384e9995c54ba065ca32c5/c.html
๐ฐ The IMF has approved $266 million for Liberia under a new 21-month Resilience and Sustainability Facility.
๐ https://www.imf.org/en/news/articles/2026/04/27/pr26129-liberia-imf-concludes-3rd-review-under-ecf-approves-sdr-193-8-million-rsf-arrangement
๐ค Africa's call centres are becoming AI laboratories, with Anthropic, Meta and OpenAI all partnering with African BPO firms.
๐ https://www.theafricareport.com/413377/anthropic-meta-openai-africas-call-centres-become-new-ai-laboratories/
๐ Kenya's economy grew 4.6% in 2025, driven by green energy, infrastructure investment and logistics recovery.
๐ https://kenyanwallstreet.com/equity-group-southern-africa-push
๐ The 2026 U.S.-Africa Business Summit heads to Mauritius โ bringing together heads of state, CEOs and investors.
๐ https://www.usafricabizsummit.com/
Africa is open for business. Stay connected with Portals Global for the stories that matter.
The 18th U.S.-Africa Business Summit will be held in Mauritius, one of Africaโs most stable, business-friendly, and globally connected economies. With a strong regulatory environment, a leading financial services sector, and world-class infrastructure, Mauritius offers an ideal setting to connect ...
