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

Dangote secures $4bn loan to power Africa’s biggest refinery

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Africaspoint Editorial

Afreximbank underwrites $2.5bn of a $4bn syndicated loan for the Dangote Refinery, Africa's largest at 650,000 bpd, consolidating construction debt…

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AfricaBusiness

Kenya tea breaks Sh219bn in export surge

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Africaspoint Editorial

Kenya's tea industry posted Sh218.79 billion in 2025, exporting 652.8 million kilograms to 100 countries, as the government targets Sh100…

body of water near buildings at daytime
AfricaBusiness

Tanzania attracts $1.12bn in Q1 as China leads

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Africaspoint Editorial

Tanzania registered 177 investment projects worth $1.12 billion in Q1 2026, expected to create 19,750 jobs, with China leading foreign…

AfricaBusiness

Tomatoes flow again as Burkina lifts Ghana ban

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Africaspoint Editorial

Burkina Faso has lifted its March 16 tomato export ban to Ghana after WTO-margins diplomacy, restoring supply to a market…

Africa fintech unicorn public listing 2026Africa startup funding Q1 2026

Airtel Africa profit triples to $813m as data beats voice

Airtel Africa reported FY2026 profit after tax of $813 million, up 147%, on revenue of…

Africa fintech unicorn public listing 2026Africa telecom infrastructure consolidation

Safaricom FY2026: record KSh80bn dividend, profit up 67%

Safaricom posted group net income of KSh99.7 billion for FY2026, up 67%, and declared a…

Enoch Godongwana Treasury fiscal policySouth Africa energy transition load shedding end

South Africa unemployment hits 32.7% as 345,000 jobs lost

South Africa's unemployment rate rose to 32.7% in Q1 2026 from 31.4% in Q4 2025…

Dangote Mombasa refinery Kenya East Africa 2026Dangote Refinery IPO 2026

Dangote picks Mombasa for $17bn East Africa refinery

Aliko Dangote told the Financial Times he is leaning toward Mombasa over Tanzania's Tanga for…

Augustus Goosie TanohGhana 24-hour economy

Ghana engineers want $2bn import bill slashed

African financial markets investment capital trading floor
Bola TinubuNBS Nigeria

Nigeria pulls $6.44bn in Q4 capital inflows

Syringes, vaccine vials, and face mask ready for COVID-19 vaccination.
BHCPF NigeriaBola Tinubu

Nigeria health sector records major gains

Africa digital infrastructureNamibia

Namibia rejects Starlink licence application

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