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…

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…

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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