Africa

Pan-African business news covering all 54 nations. Continental trade, AfCFTA developments, multi-country investment, and business intelligence spanning the entire African continent.

AfricaBusiness

Berbera’s rise reshapes East Africa trade

By
Africaspoint Editorial

Berbera Port in Somaliland has expanded to 500,000 TEUs annually and is positioning itself as a major trade gateway for…

AfricaBusiness

Ruto wins Sh20.7bn EU digital deal

By
Africaspoint Editorial

President Ruto secured Sh20.7 billion ($160 million) in EU digital investments during his Brussels visit on June 8: Sh15.3 billion…

red and black metal tower during sunset
AfricaBusiness

Heirs Energies wins global oil deal prize

By
Africaspoint Editorial

Heirs Energies won Best Oil and Gas Deal of the Year at the EMEA Finance Project Finance Awards 2026 for…

South Africa finance credit rating economy bonds investment JSE market recovery
AfricaBusiness

Fitch rewards South Africa’s fiscal discipline

By
Africaspoint Editorial

Fitch Ratings upgraded South Africa from BB minus to BB on June 5, the first upward rating action in 21…

Endeavour Mining gold West Africa $880m EBITDA Assafou Burkina Faso Cote Ivoire 2026Kenya Airways $2 billion turnaround investor debt equity KQ Kamal 2026

Endeavour Mining posts record $880m EBITDA

Endeavour Mining, West Africa's largest gold producer, reported record adjusted EBITDA of $880 million for…

Africa GDP 4.2 percent growth fastest economies 2025 2026Africa sovereign wealth funds $164 billion mining minerals EIH FONSIS Guinea Simandou 2026

Africa’s $164bn wealth funds eye mining

Africa's sovereign wealth funds now hold combined assets exceeding $164 billion and are being deployed…

Africa GDP 4.2 percent growth fastest economies 2025 2026Ethiopia Addis Ababa Entoto Kebena riverside Beautifying Sheger Abiy urban 2026

Abiy unveils Addis Ababa’s riverside makeover

Ethiopian PM Abiy Ahmed inaugurated the Entoto-Kebena River and Riverside Development Project in Addis Ababa…

HormuzSouth Africa immigration xenophobia Ramaphosa March deportation crackdown 2026

EU’s steel tariff hits South Africa

The EU's new steel import framework took effect July 1, imposing annual quotas with a…

Nigeria crude oil petroleum refinery industrial plant processing energy
Aliko DangoteDangote Group

Dangote refinery powers past 700,000bpd

Africa GDP 4.2 percent growth fastest economies 2025 2026Angola GDP growth 5.3 percent non-oil diversification Q1 2026

Museveni: Uganda will hit 50,000MW

Ghana's independence square with flags and a clear sky.
Ghana AgriConnect World Bank IFAD IFC 2.6 million jobs agriculture 2026Ghana FDI $2.61 billion GIPC 2025 investment China petroleum

Ghana’s FDI quadruples to $2.61bn

white and black motorcycle with black background
Africa startup funding $1 billion H1 2026 venture capitalEthiopia EV electric motorcycle Spiro Roam BasiGo Kenya 80 percent 2026

Spiro banks $215m to electrify Africa

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