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.

Africa server data centre technology digital infrastructure cloud computing
AfricaBusiness

Africa’s data centre market targets $4.58bn

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Africaspoint Editorial

Africa's data centre construction market will reach $4.58 billion by 2031, growing at 24.26% annually, according to an Arizton report…

Nairobi Kenya finance banking office tower city business district
AfricaBusiness

Standard Chartered Kenya profit falls 26%

By
Africaspoint Editorial

Standard Chartered Bank Kenya posted Q1 2026 profit after tax of KSh 3.58 billion, down 26.3% year on year, as…

US Africa trade global commerce shipping containers port cargo international
AfricaBusiness

AGOA clocks out in December 2026

By
Africaspoint Editorial

The African Growth and Opportunity Act expires December 31, 2026. A one-year extension signed by Trump in February restored lapsed…

Kenya Nairobi banking finance business district investment growth East Africa
AfricaBusiness

I&M Group breaks Kenya banking record

By
Africaspoint Editorial

I&M Group reported Q1 2026 profit after tax of KSh 5.04 billion ($39 million), up 19.4% year on year and…

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…

A large building of the central bank of nigeria.
Africa GDP $3.6 trillion five countries Nigeria South Africa Egypt Ethiopia 2026Africa GDP 4.2 percent growth fastest economies 2025 2026

Five nations split Africa’s $3.6 trillion

Oil rig in action during sunset, featuring heavy machinery and a lone worker on site.
Aliko DangoteDangote Group

Dangote exposes the oil mafia

Africa gold mining JSE market cap 2026Canal Plus JSE listing MultiChoice DStv South Africa June 2026

Canal Plus hits JSE June 3

Luxury jewellery watches gold display elegant craftsmanship Richemont Cartier
Africa gold mining JSE market cap 2026Richemont Johann Rupert Cartier FY2026 results luxury 2026

Rupert’s Richemont posts record $26bn sales

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