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.
Ghana’s FDI quadruples to $2.61bn
Ghana attracted $2.61 billion in FDI in 2025, more than four times the $652 million in 2024, according to provisional…
Spiro banks $215m to electrify Africa
Spiro raised $215 million in equity financing on June 1, the largest equity raise in African electric mobility history, backed…
Ghana’s AgriConnect plan targets 2.6m jobs
Ghana launched the AgriConnect Compact on June 3 with World Bank, IFAD and IFC support, targeting 2.6 million jobs by…
Ethiopia lures Kenya’s EV makers north
Ethiopia's target for EVs to represent 80% of new vehicle registrations by 2030 is drawing Kenya's top electric mobility companies…
Newsletter
Endeavour Mining posts record $880m EBITDA
Endeavour Mining, West Africa's largest gold producer, reported record adjusted EBITDA of $880 million for…
Africa’s $164bn wealth funds eye mining
Africa's sovereign wealth funds now hold combined assets exceeding $164 billion and are being deployed…
Abiy unveils Addis Ababa’s riverside makeover
Ethiopian PM Abiy Ahmed inaugurated the Entoto-Kebena River and Riverside Development Project in Addis Ababa…
EU’s steel tariff hits South Africa
The EU's new steel import framework took effect July 1, imposing annual quotas with a…