Kenyan supermarket giant Quickmart is preparing for a KSh15 billion ($116M) initial public offering (IPO), giving everyday investors a chance to own a stake in one of the country’s largest retailers. The offering comprises 2 billion shares at KSh7.50 each, representing 50% of the company, ahead of a planned Nairobi Securities Exchange listing on November 12, 2026. The offer closes October 30, marking a milestone for Kenya’s retail sector. Founded in 2006 by the late John Kinu

Rwanda has secured a landmark 10-year agreement to host the Formula 1 African Grand Prix, bringing the championship back to Africa for the first time since 1993. Announced on October 13, 2026, the deal targets an inaugural race in the early 2030s at a purpose-built circuit in Bugesera, roughly 40 kilometres from Kigali. The planned six-kilometre track, featuring 17 corners, will sit near the country’s new international airport. For Rwanda, the agreement represents a major opp

For many Zimbabwean borrowers, accessing credit can mean lengthy queues and paperwork; Wildfin Financial Services is working to reduce that journey to a few taps. Founded and led by CEO David Mantiziba, Wildfin is a Harare-based microfinance institution registered with the Reserve Bank of Zimbabwe. It provides salary-backed loans to civil servants, restocking and order financing to small businesses, and electronic gadgets on credit—combining a growing branch network with digi