Africa

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

Stunning aerial view of Marrakech cityscape with Atlas Mountains in the background.
AfricaBusiness

IFC pays $111m for Morocco’s waste

By
Africaspoint Editorial

The IFC approved a €95 million ($111 million) loan for Morocco's OCP Group to build a 22-million-tonne phosphogypsum storage facility…

AfricaFinance

SA wins first IFC rand loan

By
Africaspoint Editorial

The IFC and Citi have signed a R1.6 billion ($98 million) rand borrowing facility that gives the World Bank's private-sector…

South Africa Cape Town infrastructure investment cityscape urban development
AfricaFinance

BlackRock’s $28bn South Africa bet grows

By
Africaspoint Editorial

BlackRock's Global Infrastructure Partners chairman Adebayo Ogunlesi disclosed at a Cape Town summit that BlackRock manages $28 billion in South…

AfricaFinance

AFC backs Africa tech funds with $100m

By
Africaspoint Editorial

Africa Finance Corporation has approved a $100 million commitment to Africa-focused technology fund managers, targeting the continent's persistent institutional capital…

Africa gold mining JSE market cap 2026Airtel Zambia $1 billion market capitalisation LuSE Lusaka Securities Exchange 2026

Airtel Zambia joins the $1bn club

Airtel Networks Zambia Plc crossed US$1 billion in market capitalisation on the Lusaka Securities Exchange…

Ethiopia EV electric motorcycle Spiro Roam BasiGo Kenya 80 percent 2026Nala stablecoin Tanzania fintech $50m Liquidity MUFG 2026

Spiro bets on batteries, not motorcycles

Spiro co-founder Gagan Gupta told TechCabal that batteries and energy infrastructure, not motorcycles, drive the…

Africa minerals railway DRC Zambia AngolaRwanda

Tanzania self-funds its $24bn budget

Tanzania's Finance Minister Khamis Mussa presented the Tsh62.33 trillion ($24 billion) 2026/27 budget on June…

CBN Nigeria Central Bank Year award Cardoso reform FX inflation 2026Nigeria

Cardoso wins Central Bank of the Year

Nigeria's Central Bank was named Central Bank of the Year 2026 at the Central Banking…

Africa CEO Forum Kigali Rwanda May 2026Africa private equity venture capital 2026

Rwanda lands Elsewedy Electric and Schneider at CEO Forum

Africa infrastructure projects 2026 constructionAfrica shipping routes Hormuz Cape Good Hope ports 2026

Lamu, Mombasa, Tanger Med: Africa’s ports are winning

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African Union food security fertiliser Hormuz crisis 2026Hormuz

Somalia slides toward famine as aid collapses and Hormuz bites

Africa fastest growing economies 2026 IMFBanking

Ghana hits 7.7% growth, fastest since debt crisis ended

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