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

FirstRand dumps UK bank after $993m car loan hit

By
Africaspoint Editorial

South Africa's FirstRand will exit UK bank Aldermore after raising motor loan provisions to £750m ($993m), more than a decade…

AfricaBusiness

Vodacom takes control of Safaricom in $1.6bn deal

By
Africaspoint Editorial

Kenya's parliament approved Vodacom's $1.6bn purchase of the government's 15% Safaricom stake, giving South Africa's Vodacom 55% majority control of…

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AfricaFinance

African sovereigns to raise $155bn in 2026

By
Africaspoint Editorial

African sovereigns are projected to raise $155 billion in commercial markets in 2026, up 11% on 2025, driven by infrastructure…

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AfricaFinance

Middle East war sends crude buyers rushing to Africa

By
Africaspoint Editorial

The Strait of Hormuz closure is driving global buyers toward Nigerian and Angolan crude as Brent tops $100, but Nigeria's…

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…

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Bola TinubuNigeria electricity reform

Nigeria clears $2.1bn in decade-old power debts

Africa telecom ARPUMTN Ghana

Ghana earns MTN twice what Nigeria does per user

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Kenya tea exportsKTDA Kenya

Kenya tea breaks Sh219bn in export surge

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Samia Suluhu HassanTanzania FDI 2026

Tanzania attracts $1.12bn in Q1 as China leads

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