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…

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…

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