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.
Morocco reclaims BMCI from BNP Paribas
Morocco's Holmarcom Finance Company signed an agreement on April 29 to acquire BNP Paribas's full 67% stake in BMCI, one…
South Africa’s $8bn Afreximbank deal lands
South Africa joined Afreximbank on February 4, 2026, becoming the 54th member state and unlocking a $8 billion Country Programme…
Endeavour Mining posts record $880m EBITDA
Endeavour Mining posted record Q1 2026 adjusted EBITDA of $880 million and free cash flow of $613 million as gold…
Africa’s $164bn sovereign funds eye minerals
Africa's sovereign wealth funds have surpassed $164 billion in combined assets and are repositioning as active co-investors in mining development.…
Newsletter
South Africa’s June 30 shutdown arrives
Anti-immigration protesters marched across South Africa's major cities on June 30, the deadline set by…
US-Iran truce sends oil crashing
A US-Iran ceasefire agreement and the reopening of the Strait of Hormuz have sent Brent…
MTN’s MoMo is going super app
MTN Group Fintech has partnered with Ant International, the global payments firm behind Alipay, to…
AfDB backs Arua airport in Uganda
The African Development Bank has approved $180 million to upgrade Uganda's Arua Airport into an…