Africa

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

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AfricaFinance

South Africa sheds 345,000 jobs in Q1

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Africaspoint Editorial

South Africa's unemployment rate rose to 32.7% in Q1 2026 from 31.4% in Q4 2025 as 345,000 jobs were shed,…

Dangote Kenya Mombasa oil refinery East Africa energy infrastructure petroleum 2026
AfricaInfrastructure

Dangote eyes $17bn Mombasa refinery

By
Africaspoint Editorial

Aliko Dangote told the Financial Times he is leaning toward Mombasa over Tanzania's Tanga for a proposed $15-17 billion East…

Uganda Kampala Museveni inauguration seventh term Kololo grounds 2026 governance politics
AfricaGovernance

Museveni grabs seventh term: 40 years

By
Africaspoint Editorial

Yoweri Museveni was sworn in for a seventh consecutive term on May 12, extending his 40-year rule to 2031. The…

Nairobi Declaration Africa Forward Summit 2026 Macron Ruto investment bilateral partnership
AfricaGeopolitics

Macron pledges $27bn at Africa summit

By
Africaspoint Editorial

The Africa Forward Summit closed in Nairobi with the adoption of an 11-point Nairobi Declaration and a $27 billion investment…

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 music industry DJ economy Afrobeats 2026Black Coffee South Africa DJ entrepreneur

Africa’s DJ economy: Black Coffee leads $60m music empire

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Africa fuel subsidies Hormuz fiscal cost 2026Hormuz

Tanzania steps in as Hormuz fuel shock hits East Africa

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Africa DFI development finance institutionsFlutterwave

Nigeria threatens to halt delayed World Bank loans

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Ethiopia Bishoftu airport aviation hub 2026Ethiopian Airlines Africa aviation infrastructure

Airbus hails Ethiopian Airlines as Africa’s aviation blueprint

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