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

Otedola gains $36.5m in a day on First HoldCo surge

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Africaspoint Editorial

Femi Otedola made $36.5 million in paper gains in a single trading day as First HoldCo surged 10% on the…

AfricaBusiness

Africa CEO Forum opens May 14 in Kigali

By
Africaspoint Editorial

The 13th Africa CEO Forum opens in Kigali on May 14 and 15, 2026 with over 2,500 private and public…

body of water near green trees during night time
AfricaFinance

Kenya GDP grew 4.6% in 2025 on green energy and construction

By
Africaspoint Editorial

Kenya's real GDP grew 4.6% in 2025 as construction rebounded 6.8%, mining surged 14.9%, accommodation and food services grew 15.6%,…

AfricaFinance

Rawbank posts $232m profit as DRC eyes investment banking

By
Africaspoint Editorial

Rawbank, the DRC's largest commercial bank, posted $232 million in profit and announced a regional investment banking push, positioning itself…

Africa fintech unicorn public listing 2026Africa startup funding Q1 2026

Airtel Africa profit triples to $813m as data beats voice

Airtel Africa reported FY2026 profit after tax of $813 million, up 147%, on revenue of…

Africa fintech unicorn public listing 2026Africa telecom infrastructure consolidation

Safaricom FY2026: record KSh80bn dividend, profit up 67%

Safaricom posted group net income of KSh99.7 billion for FY2026, up 67%, and declared a…

Enoch Godongwana Treasury fiscal policySouth Africa energy transition load shedding end

South Africa unemployment hits 32.7% as 345,000 jobs lost

South Africa's unemployment rate rose to 32.7% in Q1 2026 from 31.4% in Q4 2025…

Dangote Mombasa refinery Kenya East Africa 2026Dangote Refinery IPO 2026

Dangote picks Mombasa for $17bn East Africa refinery

Aliko Dangote told the Financial Times he is leaning toward Mombasa over Tanzania's Tanga for…

Brent crude oil weekly loss Iran ceasefire 2026Hormuz ceasefire oil price escalation 2026

Brent drops 6% on ceasefire hopes after Iran clashes

Africa mobile money credit scoring device financeFlutterwave

Somalia’s Hormuud finances 100,000 smartphones for poor

Africa agricultural finance capital markets securitisationAfrica startup funding Q1 2026

Kenya’s first private agri-securitisation at $2.1m

Close-up of rusty mining carts filled with various minerals in an industrial setting.
Africa critical minerals 2026Africa critical minerals US supply chain value addition

US invites Kenya to lead Africa minerals trade zone

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