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.

AfricaBusiness

Tanzania finally breaks its Moscow silence

By
Africaspoint Editorial

Tanzania's President Samia Suluhu Hassan arrived in Moscow on June 2 for a three-day state visit, becoming the first Tanzanian…

A large jetliner sitting on top of an airport runway
AfricaBusiness

Ethiopian Airlines confirmed a global competitor

By
Africaspoint Editorial

US Ambassador to Ethiopia Ervin Massinga declared on May 26 that Ethiopian Airlines is no longer simply a regional carrier…

AfricaBusiness

African-owned PE raises the $500m bar

By
Africaspoint Editorial

Admaius Capital Partners, the Kigali-headquartered African-owned PE firm, has launched Virunga Africa Fund II targeting $500 million, doubling Fund I's…

View of Palácio Dona Ana Joaquina in Luanda, showcasing colonial architecture.
AfricaBusiness

Angola’s economy breaks free of oil

By
Africaspoint Editorial

Angola's economy expanded 5.3% year on year in Q1 2026, its strongest quarterly performance since Q2 2024. The non-oil sector…

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…

Morocco Casablanca finance banking city modern architecture business North Africa
Holmarcom BMCI BNP Paribas Morocco bank acquisition 2026Morocco

Morocco reclaims BMCI from BNP Paribas

A stunning aerial view of Cape Town city lights at night against Table Mountain.
Africa gold mining JSE market cap 2026South Africa Afreximbank $8 billion country programme intra-African trade 2026

South Africa’s $8bn Afreximbank deal lands

West Africa gold mine industrial operations extraction open pit mining
Endeavour Mining West Africa gold Assafou Lafigue Q1 2026 record EBITDAGhana GDP growth gold exports 2026

Endeavour Mining posts record $880m EBITDA

Africa GDP $3.6 trillion five countries Nigeria South Africa Egypt Ethiopia 2026Africa sovereign wealth funds $164 billion minerals mining 2026

Africa’s $164bn sovereign funds eye minerals

Show More