Africa

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

Africa smart city technology AI digital urban infrastructure innovation
AfricaBusiness

Yango bets on Africa’s AI market

By
Africaspoint Editorial

Yango Group launched Yango Tech on May 18 in Namibia, entering the B2B AI and digital infrastructure market across Africa.…

Nairobi Kenya bank finance building skyscraper modern city tower
AfricaBusiness

Absa Kenya smashes Q1 profit record

By
Africaspoint Editorial

Absa Bank Kenya posted Q1 2026 profit after tax of KSh 5.3 billion ($41 million), with a 20.3% return on…

Africa server data centre technology digital infrastructure cloud computing
AfricaBusiness

Africa’s data centre market targets $4.58bn

By
Africaspoint Editorial

Africa's data centre construction market will reach $4.58 billion by 2031, growing at 24.26% annually, according to an Arizton report…

Senegal West Africa economy bond sovereign finance urban coastal city
AfricaFinance

Markets price Senegal for debt restructuring

By
Africaspoint Editorial

JPMorgan's May 26 research note revealed that Senegal's 2033 Eurobonds are pricing in a restructuring scenario with a 15% haircut,…

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…

Kenya Nairobi banking finance business district investment growth East Africa
Equity Group James Mwangi Lobito Corridor Angola Zambia Mozambique 2026I&M Group Kenya bank profit record KSh 5 billion Q1 2026

I&M Group breaks Kenya banking record

Pharmacy medicine healthcare retail products shelf South Africa
Dis-Chem South Africa pharmacy healthcare expansion 2026 2027National Health Insurance South Africa universal healthcare

Dis-Chem accelerates with 34 new pharmacies

Africa startup funding $1 billion H1 2026 venture capitalAfrica tech ecosystem energy logistics fintech investment 2026

Nala raises $50m for stablecoin push

Africa tech ecosystem energy logistics fintech investment 2026South Africa Infrastructure

Yoco snaps up AI startup Dyner

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