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

Axian buys five Letshego banking units across Africa

By
Africaspoint Editorial

Madagascar's Axian Group has signed binding agreements to acquire 100% of Letshego's banking subsidiaries in Ghana, Tanzania, Nigeria, Rwanda and…

Africa trade finance supply chain business agriculture manufacturing IFC
AfricaBusiness

IFC and StanChart launch $300m Africa supply chain fund

By
Africaspoint Editorial

The IFC and Standard Chartered launched a $300 million risk-sharing supply chain finance facility today covering eight African markets: Ivory…

South Africa fuel petrol pump price relief diesel levy Treasury
AfricaFinance

SA slashes diesel levy to zero in R17.2bn relief

By
Africaspoint Editorial

South Africa's National Treasury has extended its R3/litre petrol levy cut to June 2 and slashed the diesel general fuel…

South Africa economy inflation consumer prices fuel cost of living
AfricaFinance

SA inflation edges to 3.1% before oil shock registers

By
Africaspoint Editorial

South Africa's CPI rose to 3.1% in March 2026, matching economist forecasts, as the Hormuz conflict's full impact on fuel…

Africa clean energy solar power investment boom 2026DStv World Cup streaming record 900000 viewers Bafana South Africa FIFA 2026

DStv sets World Cup streaming record

DStv Stream recorded over 900,000 concurrent viewers for South Africa's opening World Cup 2026 match…

Africa GDP 4.2 percent growth fastest economies 2025 2026CBN Nigeria Central Bank Year award Cardoso reform FX inflation 2026

Nigeria slams the IMF’s tax prescriptions

A Nigerian think tank, the Alliance for Economic Research and Ethics, has criticised the IMF's…

HormuzSouth Africa immigration xenophobia Ramaphosa March deportation crackdown 2026

Stop checking passports, SA minister warns

South Africa's Justice Minister Mmamoloko Kubayi warned at an Inter-Ministerial Committee on Migration briefing on…

Aliko DangoteDangote refinery 700000 barrels day capacity expansion 1.4 million 2026

Dangote’s petrol unit is down 34%

The Dangote Petroleum Refinery has been running its main petrol-producing RFCCU unit at 34% below…

Nigeria banking finance corporate Lagos business earnings results
African Development Bank 2026Banking

UBA profit halves as FX windfall evaporates

Kenya banking finance East Africa corporate business headquarters Nairobi
Co-op Bank Kenya holding company 2026East Africa banking consolidation 2026

Co-op Bank Kenya restructures for regional push

South Africa bank retail banking digital finance customers branch Capitec
BankingCapitec Bank results 2026

Capitec crosses $1bn profit with 26 million clients

East Africa oil refinery energy Tanzania industrial infrastructure petroleum
Africa We Build Summit AFC 2026Dangote

Dangote pledges 650,000 bpd refinery for East Africa

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