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

Bolt brings Chinese EVs to South Africa

By
Africaspoint Editorial

Bolt has agreed a deal with China's Dongfeng Motor Group to deploy an EV fleet in South Africa starting in…

AfricaBusiness

Gautrain takes on Uber with own app

By
Africaspoint Editorial

Gautrain has launched Gau Express, an e-hailing service integrated with the rapid rail network that lets Gauteng commuters book rides…

AfricaBusiness

South Africa’s pension fund buys Balwin

By
Africaspoint Editorial

A PIC-led consortium has made a firm R2.26 billion ($130 million) offer to buy out Balwin Properties minority shareholders at…

Nigeria Angola West Africa oil tanker port crude petroleum export
AfricaBusiness

Hormuz closure sends buyers to West Africa

By
Africaspoint Editorial

The near-total closure of the Strait of Hormuz is redirecting global crude buyers toward West Africa and Latin America, creating…

Africa Finance Corporation AFC $2 billion record syndicated loan infrastructure 2026Africa GDP 4.2 percent growth fastest economies 2025 2026

AFC closes record $2bn syndicated loan

Africa Finance Corporation raised a record $2 billion syndicated loan on June 4, upsized from…

Africa clean energy solar power investment boom 2026Cape Town Salt River Market affordable housing Communicare 970 units 2026

Salt River Market transformed into 970 homes

Cape Town's Salt River Market site was formally handed to developer Communicare on June 8…

Admaius Capital Virunga II $500 million Africa private equity IFC 2026Africa GDP 4.2 percent growth fastest economies 2025 2026

Rwanda locks in $250m IMF credit facility

The IMF Executive Board approved Rwanda's $250 million, 38-month Extended Credit Facility on June 9,…

Dangote refinery 700000 barrels day capacity expansion 1.4 million 2026Dangote Refinery IPO

Nigeria’s trade surplus triples to N7.55tn

Nigeria's Q1 2026 merchandise trade surplus surged 341% to N7.55 trillion ($4.1 billion) from N1.71…

Africa largest companies stock exchange JSE Johannesburg market capitalisation business
Africa capital markets pan-African listingBanking

Largest companies in Africa 2026

A bustling scene of cargo containers and cranes at a Hong Kong port, showcasing global trade.
ZimbabweZimbabwe Lithium

Mineral ban nets Zimbabwe $984m

Pick n Pay Boxer South Africa retail turnaround 2026Sean Summers Pick n Pay CEO

Pick n Pay sells its crown jewel

Gold mine South Africa mining operations open pit aerial industrial
Africa billionaires Forbes 2026 richest peopleAfrica gold mining JSE market cap 2026

AngloGold is now Africa’s biggest company

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