According to the PwC Africa Family Business Survey 2025, family businesses in Africa are experiencing strong growth and resilience despite facing economic uncertainty, regulatory changes, and geopolitical pressures. The survey included 79 family businesses from East, West, and Southern Africa, revealing that 66 percent of the respondents achieved single-digit growth.

According to PwC, family-owned businesses in Africa have shown greater resilience than those globally, with 66% reporting sales growth in the past year despite facing inflation, tax challenges, and economic uncertainty. This performance highlights the strength of African family businesses in a challenging economic environment.

Family Bank has officially joined the Nairobi Securities Exchange (NSE) as of June 23, 2026, through a listing by introduction at a reference price of Sh18 per share. This move has brought to light longstanding questions regarding ownership concentration, governance expectations, and shareholder liquidity for one of Kenya's longest-traded over-the-counter banking stocks, according to TechTrends KE.

Nigeria is facing significant challenges, including rising insecurity, economic hardship, unemployment, weak infrastructure, declining public trust, and institutional weaknesses. These issues are attributed to decades of poor policy choices, weak governance, corruption, and inconsistent policy implementation. According to Nairametrics, these structural warning signs require urgent attention as many of the challenges are self-inflicted.

According to Soko Directory, many businesses fail not due to a lack of ambition from their founders, but because their ambition outpaces their financial discipline and operational practices. The article outlines ten essential business practices that are crucial for a business's growth and long-term survival, emphasizing the importance of maintaining a balance between ambition and practical management.

Tony Elumelu, Chairman of Heirs Holdings and United Bank for Africa, has urged young Africans to adopt ambition, discipline, and hard work, emphasizing that the continent's future relies on a generation ready to dream boldly and seize opportunities. He made these remarks at the Africa and Everywhere Festival in Lagos.