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.

Unique upside down pose depicts a fashionable young man watching TV under colorful lights.
AfricaBusiness

MTN launches a R30 streaming service

By
Africaspoint Editorial

MTN launched MTN One TV on June 9, entering the African streaming market with a pricing range from free to…

cars on road near high rise buildings during daytime
AfricaBusiness

Tanzania and Singapore strike first partnership

By
Africaspoint Editorial

Singaporean President Tharman Shanmugaratnam made the first-ever state visit by a Singaporean head of state to Tanzania on June 9,…

AfricaBusiness

Eskom signs a landmark LNG deal

By
Africaspoint Editorial

Eskom and Zululand Energy Terminal signed a heads of agreement on June 5 for a long-term LNG supply partnership to…

A bustling city street with modern skyscrapers and vehicles at sunset, Gautrain Hotel visible.
AfricaBusiness

South Africa’s six-quarter growth run continues

By
Africaspoint Editorial

South Africa's GDP grew 0.5% quarter on quarter in Q1 2026, beating the 0.2% consensus forecast and extending the growth…

Endeavour Mining gold West Africa $880m EBITDA Assafou Burkina Faso Cote Ivoire 2026Kenya Airways $2 billion turnaround investor debt equity KQ Kamal 2026

Endeavour Mining posts record $880m EBITDA

Endeavour Mining, West Africa's largest gold producer, reported record adjusted EBITDA of $880 million for…

Africa GDP 4.2 percent growth fastest economies 2025 2026Africa sovereign wealth funds $164 billion mining minerals EIH FONSIS Guinea Simandou 2026

Africa’s $164bn wealth funds eye mining

Africa's sovereign wealth funds now hold combined assets exceeding $164 billion and are being deployed…

Africa GDP 4.2 percent growth fastest economies 2025 2026Ethiopia Addis Ababa Entoto Kebena riverside Beautifying Sheger Abiy urban 2026

Abiy unveils Addis Ababa’s riverside makeover

Ethiopian PM Abiy Ahmed inaugurated the Entoto-Kebena River and Riverside Development Project in Addis Ababa…

HormuzSouth Africa immigration xenophobia Ramaphosa March deportation crackdown 2026

EU’s steel tariff hits South Africa

The EU's new steel import framework took effect July 1, imposing annual quotas with a…

Cape Town South Africa affordable housing urban development construction residential
Africa clean energy solar power investment boom 2026Cape Town Salt River Market affordable housing Communicare 970 units 2026

Salt River Market transformed into 970 homes

Nigeria crude oil export tanker ship trade surplus commerce Atlantic petroleum
Dangote refinery 700000 barrels day capacity expansion 1.4 million 2026Dangote Refinery IPO

Nigeria’s trade surplus triples to N7.55tn

Berbera port Somaliland DP World Ethiopia Horn of Africa trade gateway 2026Ethio Telecom ESX Ethiopian Securities Exchange TELE IPO 2026

Berbera’s rise reshapes East Africa trade

Africa GDP 4.2 percent growth fastest economies 2025 2026AI

Ruto wins Sh20.7bn EU digital deal

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