Africa

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

Lobito corridor railway Angola DRC Zambia minerals transport infrastructure Africa
AfricaInfrastructure

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

By
Africaspoint Editorial

The Africa Finance Corporation is assembling a $3 to $5 billion financing coalition including Citi, Standard Bank, Absa and Ecobank…

Eskom South Africa electricity power grid transmission infrastructure capex investment
AfricaInfrastructure

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

By
Africaspoint Editorial

Eskom plans R343 billion in capital expenditure over five years, targeting 70% energy availability, 5,500MW of new renewables and profit…

a large red sign on top of a building
AfricaBusiness

SA manufacturing bounces to 52.6 but rally in doubt

By
Africaspoint Editorial

South Africa's Absa PMI rebounded to 52.6 in April 2026 from 49.0 in March, returning to expansion for the first…

AfricaBusiness

MTN Nigeria Q1 profit surges 166% to N355bn

By
Africaspoint Editorial

MTN Nigeria posted N355.5 billion profit after tax in Q1 2026, up 166%, on N1.498 trillion in revenue as data…

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…

Africa private capital local investors 2026Africa private equity venture capital 2026

AVCA Nairobi: local capital rises as exits hit record

Africa fintech unicorn public listing 2026African Development Bank 2026

OPay hits $3.1bn as Opera flags 85% IPO probability

Africa climate tech investment 2026Africa electric mobility battery swapping BII

Dodai raises $13m to build Ethiopia EV network

Africa battery minerals value chain beneficiationAfrica critical minerals 2026

Zimbabwe ships Africa’s first lithium sulphate

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