Africa

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

AfricaBusiness

Axian buys five Letshego banking units across Africa

By
Africaspoint Editorial

Madagascar's Axian Group has signed binding agreements to acquire 100% of Letshego's banking subsidiaries in Ghana, Tanzania, Nigeria, Rwanda and…

Africa trade finance supply chain business agriculture manufacturing IFC
AfricaBusiness

IFC and StanChart launch $300m Africa supply chain fund

By
Africaspoint Editorial

The IFC and Standard Chartered launched a $300 million risk-sharing supply chain finance facility today covering eight African markets: Ivory…

South Africa fuel petrol pump price relief diesel levy Treasury
AfricaFinance

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

By
Africaspoint Editorial

South Africa's National Treasury has extended its R3/litre petrol levy cut to June 2 and slashed the diesel general fuel…

South Africa economy inflation consumer prices fuel cost of living
AfricaFinance

SA inflation edges to 3.1% before oil shock registers

By
Africaspoint Editorial

South Africa's CPI rose to 3.1% in March 2026, matching economist forecasts, as the Hormuz conflict's full impact on fuel…

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…

Nigeria banking finance corporate Lagos business earnings results
Africa banking revenue McKinsey 2026African Development Bank 2026

UBA profit halves as FX windfall evaporates

Kenya banking finance East Africa corporate business headquarters Nairobi
Co-op Bank Kenya holding company 2026East Africa banking consolidation 2026

Co-op Bank Kenya restructures for regional push

South Africa bank retail banking digital finance customers branch Capitec
Africa banking revenue McKinsey 2026Capitec Bank results 2026

Capitec crosses $1bn profit with 26 million clients

East Africa oil refinery energy Tanzania industrial infrastructure petroleum
Africa We Build Summit AFC 2026Dangote East Africa refinery Tanzania 2026

Dangote pledges 650,000 bpd refinery for East Africa

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