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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AfricaBusiness

SA manufacturing bounces to 52.6 but rally in doubt

By
Africaspoint Editorial

South Africa's Absa PMI rebounded to 52.6 in April 2026 from 49.0 in March, returning to expansion for the first…

AfricaBusiness

MTN Nigeria Q1 profit surges 166% to N355bn

By
Africaspoint Editorial

MTN Nigeria posted N355.5 billion profit after tax in Q1 2026, up 166%, on N1.498 trillion in revenue as data…

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AfricaFinance

Trump’s Hormuz gambit keeps oil above $100

By
Africaspoint Editorial

Trump launched "Project Freedom" on May 4, deploying US Navy destroyers and 15,000 personnel to guide neutral ships out of…

Gold price record high precious metals Africa mining inflation energy global markets
AfricaFinance

Gold at $4,550 splits Africa’s macro story in two

By
Africaspoint Editorial

Gold is trading at $4,550 per ounce today as the Hormuz conflict sustains the safe-haven premium and the US Fed…

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 climate tech investment 2026Africa electric mobility battery swapping BII

Dodai raises $13m to build Ethiopia EV network

Africa battery minerals value chain beneficiationMining

Zimbabwe ships Africa’s first lithium sulphate

Africa capital markets pan-African listingAfrica trade policy China Belt Road

China opens zero-tariff trade to all 53 African nations

Impala Platinum PGM South Africa 2026Mining

NUM strikes at Implats in union recognition battle

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