Africa

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

View of Addis Ababa's bustling streets and modern architecture on a rainy day.
AfricaEthiopia

Ethiopia clears IMF review, unlocks $468m

By
Africaspoint Editorial

The IMF reached a staff-level agreement on Ethiopia's fifth ECF review on June 3, paving the way for a $468…

two trucks on plant field
AfricaBusiness

Ghana’s AgriConnect plan targets 2.6m jobs

By
Africaspoint Editorial

Ghana launched the AgriConnect Compact on June 3 with World Bank, IFAD and IFC support, targeting 2.6 million jobs by…

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AfricaHealth

Sudan seals $51m AfDB water deal

By
Africaspoint Editorial

Sudan signed a $51 million agreement with the African Development Bank and UNICEF on June 4 to convert three stalled…

Electric motorcycle EV battery swap station urban Africa charging clean energy
AfricaBusiness

Ethiopia lures Kenya’s EV makers north

By
Africaspoint Editorial

Ethiopia's target for EVs to represent 80% of new vehicle registrations by 2030 is drawing Kenya's top electric mobility companies…

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…

View of Palácio Dona Ana Joaquina in Luanda, showcasing colonial architecture.
Angola GDP growth 5.3 percent non-oil diversification Q1 2026Zimbabwe Zambia railway Lion's Den Kafue corridor 2026

Angola’s economy breaks free of oil

Africa central Congo DRC urban city development finance banking infrastructure
Equity Group DRC Congo insurance profit 58 percent Mwangi BCDC 2026Equity Group James Mwangi Lobito Corridor Angola Zambia Mozambique 2026

Equity’s Congo goldmine: 58% profit surge

South Africa pharmaceutical medicine pills capsules drug manufacturing industrial
Africa gold mining JSE market cap 2026Aspen Pharmacare R27 billion APAC sale BGH Capital Stephen Saad JSE 2026

Aspen dumps Asia for R27bn windfall

Africa GDP 4.2 percent growth fastest economies 2025 2026Hormuz

Mauritius bank plugs Africa’s $92bn trade hole

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