Africa

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

AfricaFinance

Hormuz ceasefire fractures as Brent hits $114

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Africaspoint Editorial

Brent crude surged 5.8% to $114.44 on May 4, its highest 2026 close, after Iran launched drones and missiles at…

Detailed view of airplane landing gear and engine on tarmac in Geneva, Switzerland.
AfricaBusiness

Dangote supplies jet fuel to Ethiopian Airlines

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Africaspoint Editorial

Dangote Petroleum Refinery has made its first jet fuel delivery to Ethiopian Airlines, marking the Lagos facility's first cross-border aviation…

AfricaBusiness

Flutterwave opens Africa payment rails to the world

By
Africaspoint Editorial

Flutterwave and Yuno announced a partnership on April 28 that gives global merchants single-API access to African payment rails across…

Angola oil production petroleum Atlantic export windfall fiscal revenue Luanda
AfricaFinance

Angola’s $107 oil windfall meets SA’s supply crisis

By
Africaspoint Editorial

Angola's 2026 budget used a $61 oil reference price; Brent is at $107, generating roughly $50 million per day in…

Africa fintech unicorn public listing 2026Africa startup funding Q1 2026

Airtel Africa profit triples to $813m as data beats voice

Airtel Africa reported FY2026 profit after tax of $813 million, up 147%, on revenue of…

Africa fintech unicorn public listing 2026Africa telecom infrastructure consolidation

Safaricom FY2026: record KSh80bn dividend, profit up 67%

Safaricom posted group net income of KSh99.7 billion for FY2026, up 67%, and declared a…

Enoch Godongwana Treasury fiscal policySouth Africa energy transition load shedding end

South Africa unemployment hits 32.7% as 345,000 jobs lost

South Africa's unemployment rate rose to 32.7% in Q1 2026 from 31.4% in Q4 2025…

Dangote Mombasa refinery Kenya East Africa 2026Dangote Refinery IPO 2026

Dangote picks Mombasa for $17bn East Africa refinery

Aliko Dangote told the Financial Times he is leaning toward Mombasa over Tanzania's Tanga for…

Lobito corridor railway Angola DRC Zambia minerals transport infrastructure Africa
Africa critical minerals 2026Africa minerals railway DRC Zambia Angola

AFC lines up $3-5bn for Lobito corridor rail build

Eskom South Africa electricity power grid transmission infrastructure capex investment
Africa domestic capital infrastructure trapEskom capex plan South Africa electricity 2026

Eskom plans R343bn capex after 320 load-shedding-free days

a large red sign on top of a building
SARB interest rates monetary policy 2026South Africa Absa PMI manufacturing 2026

SA manufacturing bounces to 52.6 but rally in doubt

Africa telecom infrastructure consolidationFlutterwave

MTN Nigeria Q1 profit surges 166% to N355bn

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