In the half-century since African nations gained political independence, a rich body of African philosophy has been produced. Given that one of the main tasks of philosophy is clarification, a chief task these scholars have had to face is the clarification of what it means to be ethical within the African mindset. If we are to begin to understand the state of business ethics in Africa, we must gain clarity regarding the meaning and function of morals in an African context. To do so, three points must first be clarified. The first one is whether, as some scholars have claimed, there can be an ethics that is solely African. The second point is whether it is correct to speak of a common African culture in much the same way as one would ask whether it is appropriate to talk of an Asian culture or a European culture when Asia, Africa, and Europe are whole continents formed of different nations and peoples, each of which have their specific properties, habits, and beliefs, which we can also call cultures. The third matter is whether the African understanding of ethics and morals is the same as in other cultures. Much African philosophical literature has dwelt on these two questions. As in all philosophy when reflecting about ethics in a systematic way, varieties of concepts naturally arise. As this chapter resembles more a report of the achievement of business ethics research, teaching, and corporate governance, it is not possible to analyze the various answers to these three questions. However, where appropriate I shall use the arguments advanced to answer them as part of the developments in research in business ethics.