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 Palácio Dona Ana Joaquina in Luanda, showcasing colonial architecture.
AfricaBusiness

Angola’s economy breaks free of oil

By
Africaspoint Editorial

Angola's economy expanded 5.3% year on year in Q1 2026, its strongest quarterly performance since Q2 2024. The non-oil sector…

Africa central Congo DRC urban city development finance banking infrastructure
AfricaBusiness

Equity’s Congo goldmine: 58% profit surge

By
Africaspoint Editorial

Equity Group CEO James Mwangi confirmed plans to establish two insurance businesses in the DRC as Equity BCDC posted a…

South Africa pharmaceutical medicine pills capsules drug manufacturing industrial
AfricaBusiness

Aspen dumps Asia for R27bn windfall

By
Africaspoint Editorial

Aspen Pharmacare completed its R27 billion ($1.65 billion) sale of its Asia Pacific pharmaceutical business to Australian PE firm BGH…

AfricaBusiness

Mauritius bank plugs Africa’s $92bn trade hole

By
Africaspoint Editorial

Mauritius Commercial Bank announced a $1 billion trade finance facility on June 1, to be deployed over four years to…

HormuzSouth Africa immigration xenophobia Ramaphosa March deportation crackdown 2026

South Africa’s June 30 shutdown arrives

Anti-immigration protesters marched across South Africa's major cities on June 30, the deadline set by…

Angola GDP growth 5.3 percent non-oil diversification Q1 2026Dangote Refinery IPO

US-Iran truce sends oil crashing

A US-Iran ceasefire agreement and the reopening of the Strait of Hormuz have sent Brent…

Africa startup funding May 2026 $259 million Bima NALA LemFi fintech reboundAI

MTN’s MoMo is going super app

MTN Group Fintech has partnered with Ant International, the global payments firm behind Alipay, to…

Africa GDP 4.2 percent growth fastest economies 2025 2026Uganda Airlines Boeing 10 aircraft fleet expansion Museveni 2026

AfDB backs Arua airport in Uganda

The African Development Bank has approved $180 million to upgrade Uganda's Arua Airport into an…

Africa GDP $3.6 trillion five countries Nigeria South Africa Egypt Ethiopia 2026Africa sovereign wealth funds $164 billion minerals mining 2026

Africa’s $164bn sovereign funds eye minerals

OCP secures €450m AfDB green guarantee

Lagos Nigeria urban skyline city commercial business district economy
NigeriaNigeria Angola OPEC crude oil market share

Tinubu’s three-year reform scorecard is mixed

Zimbabwe railway train locomotive infrastructure tracks freight transport
ZimbabweZimbabwe NRZ Afreximbank $150 million railway rehabilitation Mutapa 2026

Zimbabwe’s NRZ wins $150m Afreximbank rescue

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