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🌍 - AFRICA BUSINESS NEWS BRIEF | May 2026

Here are this week's top business highlights shaping the African continent:

🏦 Equity Group is pursuing bank acquisitions in Angola, Zambia & Mozambique — targeting 15 African countries by 2030.
🔗 https://www.cnbcafrica.com/2026/kenyas-equity-group-hunts-for-acquisitions-in-zambia-angola-and-mozambique-ceo-says

🇨🇳 China's new zero-tariff policy for 53 African nations takes effect May 1 — the first major economy to unilaterally open its market to the continent.
🔗 https://english.news.cn/20260501/4a61884b19384e9995c54ba065ca32c5/c.html

💰 The IMF has approved $266 million for Liberia under a new 21-month Resilience and Sustainability Facility.
🔗 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

🤖 Africa's call centres are becoming AI laboratories, with Anthropic, Meta and OpenAI all partnering with African BPO firms.
🔗 https://www.theafricareport.com/413377/anthropic-meta-openai-africas-call-centres-become-new-ai-laboratories/

📊 Kenya's economy grew 4.6% in 2025, driven by green energy, infrastructure investment and logistics recovery.
🔗 https://kenyanwallstreet.com/equity-group-southern-africa-push

🌐 The 2026 U.S.-Africa Business Summit heads to Mauritius — bringing together heads of state, CEOs and investors.
🔗 https://www.usafricabizsummit.com/

Africa is open for business. Stay connected with Portals Global for the stories that matter.

2026 U.S. - Africa Business Summit The 18th U.S.-Africa Business Summit will be held in Mauritius, one of Africa’s 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 ...

https://www.facebook.com/share/p/1CQ7Sx4buN/?mibextid=wwXIfr

Africa is becoming a key battleground for the future of artificial intelligence.

Who will shape the continent’s digital transformation?

🔗 Read the full story on African Business: https://eu1.hubs.ly/H0sRVz60

AB Partner Insights

7.6-magnitude quake strikes Tonga as residents in Neiafu urged to evacuate While the Pacific Tsunami Warning Center reported no tsunami threat, local authorities are urging residents in low-lying areas to move to higher ground as a precaution.

: a Powerful magnitude 7.6 earthquake today.

James Jonathan Joseph (@Apocalypse2015) on X

Inside Kasi Cloud, Nigeria’s first 100MW AI data centre in Lagos

A first look at Kasi Cloud’s 100MW AI data centre in Lagos We took a tour of the first ever 100MW AI data centre campus Kasi Cloud is building close to the coast of Lagos, Nigeria.

🌍 Top 10 contributors to global real GDP growth (2026)

1．🇨🇳 China — 26.6%
2．🇮🇳 India — 17.0%
3．🇺🇸 United States — 9.9%
4．🇮🇩 Indonesia — 3.8%
5．🇹🇷 Türkiye — 2.2%
6．🇳🇬 Nigeria — 1.5%
7．🇧🇷 Brazil — 1.5%
8．🇻🇳 Vietnam — 1.6%
9．🇸🇦 Saudi Arabia — 1.7%
10．🇩🇪 Germany — 0.9%

World of Statistics
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engineering company leads on Africa’s first lunar analog habitat project

Our Today Life WORLD | Jan 26, 2026 Jamaican engineering company leads on Africa’s first lunar analog habitat project / Our Today administrator Reading Time: 4 minutes Sponsor /Engineer Francois Lee discusses aspects of the project with Engineer student leader Stanley Mwaniki at the Marsabit Kenya site Jama...

is actively engaged in the North America business funding ecosystem

is actively engaged in the North America business ecosystem