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.

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AfricaBusiness

Heirs Energies wins global oil deal prize

By
Africaspoint Editorial

Heirs Energies won Best Oil and Gas Deal of the Year at the EMEA Finance Project Finance Awards 2026 for…

South Africa finance credit rating economy bonds investment JSE market recovery
AfricaBusiness

Fitch rewards South Africa’s fiscal discipline

By
Africaspoint Editorial

Fitch Ratings upgraded South Africa from BB minus to BB on June 5, the first upward rating action in 21…

a statue of a person standing in front of a building
AfricaBusiness

Ghana-Jamaica pact ends two-decade silence

By
Africaspoint Editorial

Ghana and Jamaica concluded the Third PJCC Ministerial Session in Accra on May 27, signing four bilateral agreements in health,…

AfricaBusiness

Six pacts as Ruto visits Pretoria

By
Africaspoint Editorial

President Ruto's June 4 state visit to South Africa yielded six bilateral agreements covering trade facilitation, skills development and maritime…

HormuzSouth Africa immigration xenophobia Ramaphosa March deportation crackdown 2026

South Africa’s June 30 shutdown arrives

Anti-immigration protesters marched across South Africa's major cities on June 30, the deadline set by…

Angola GDP growth 5.3 percent non-oil diversification Q1 2026Dangote Refinery IPO

US-Iran truce sends oil crashing

A US-Iran ceasefire agreement and the reopening of the Strait of Hormuz have sent Brent…

Africa startup funding May 2026 $259 million Bima NALA LemFi fintech reboundAI

MTN’s MoMo is going super app

MTN Group Fintech has partnered with Ant International, the global payments firm behind Alipay, to…

Africa GDP 4.2 percent growth fastest economies 2025 2026Uganda Airlines Boeing 10 aircraft fleet expansion Museveni 2026

AfDB backs Arua airport in Uganda

The African Development Bank has approved $180 million to upgrade Uganda's Arua Airport into an…

Ghana's independence square with flags and a clear sky.
Ghana AgriConnect World Bank IFAD IFC 2.6 million jobs agriculture 2026Ghana FDI $2.61 billion GIPC 2025 investment China petroleum

Ghana’s FDI quadruples to $2.61bn

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Africa startup funding $1 billion H1 2026 venture capitalEthiopia EV electric motorcycle Spiro Roam BasiGo Kenya 80 percent 2026

Spiro banks $215m to electrify Africa

two trucks on plant field
Ghana AgriConnect World Bank IFAD IFC 2.6 million jobs agriculture 2026Hormuz

Ghana’s AgriConnect plan targets 2.6m jobs

Electric motorcycle EV battery swap station urban Africa charging clean energy
Ethio Telecom ESX Ethiopian Securities Exchange TELE IPO 2026Ethiopia

Ethiopia lures Kenya’s EV makers north

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