Business

African business news: M&A activity, earnings reports, leadership changes, expansion moves, and corporate developments across all 54 nations. Essential intelligence for investors and executives.

Endeavour Mining posts record $880m EBITDA

Endeavour Mining, West Africa's largest gold producer, reported record adjusted EBITDA of $880 million for Q1 2026, up 29% quarter-on-quarter,…

Africa’s $164bn wealth funds eye mining

Africa's sovereign wealth funds now hold combined assets exceeding $164 billion and are being deployed as active financiers of the…

Abiy unveils Addis Ababa’s riverside makeover

Ethiopian PM Abiy Ahmed inaugurated the Entoto-Kebena River and Riverside Development Project in Addis Ababa on June 28, spanning 87.6…

EU’s steel tariff hits South Africa

The EU's new steel import framework took effect July 1, imposing annual quotas with a 50% tariff on volumes above…