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

AVCA Nairobi: local capital rises as exits hit record

By
Africaspoint Editorial

The 22nd Annual AVCA Conference concluded in Nairobi on April 30 with over 800 investors, record 2025 venture exits, 30%…

AfricaBusiness

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

By
Africaspoint Editorial

Opera's FY2025 SEC filing values OPay at $3.1 billion and assigns an 85% probability of an IPO within two years.…

AfricaEthiopia

Dodai raises $13m to build Ethiopia EV network

By
Africaspoint Editorial

Ethiopian electric mobility startup Dodai has closed a $13 million Series A including BII debt financing to scale its locally…

AfricaInfrastructure

Zimbabwe ships Africa’s first lithium sulphate

By
Africaspoint Editorial

Zimbabwe shipped Africa's first-ever lithium sulphate consignment on April 28 from the Arcadia mine, produced at Zhejiang Huayou Cobalt's $400…

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 banking consolidation microfinance 2026Africa capital markets pan-African listing

Axian buys five Letshego banking units across Africa

Africa trade finance supply chain business agriculture manufacturing IFC
Africa DFI development finance institutionsAfrica trade finance gap SME suppliers

IFC and StanChart launch $300m Africa supply chain fund

South Africa fuel petrol pump price relief diesel levy Treasury
Enoch Godongwana Treasury fiscal policySARB interest rates monetary policy 2026

SA slashes diesel levy to zero in R17.2bn relief

South Africa economy inflation consumer prices fuel cost of living
IMF Sub-Saharan Africa outlook 2026SARB interest rates monetary policy 2026

SA inflation edges to 3.1% before oil shock registers

Show More