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.…

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…