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.

Stunning architectural detail of Cape Town City Hall, showcasing its remarkable design.
AfricaBusiness

South Africa’s rate decision lands Thursday

By
Africaspoint Editorial

South Africa's MPC meets May 28-29 to decide whether to cut the repo rate from 6.75% or hold for a…

Container ship port harbour cargo maritime shipping global trade
AfricaBusiness

Mombasa goes green as LNG ship docks

By
Africaspoint Editorial

The LNG-powered CMA CGM Adventure made its maiden call at Mombasa on May 25, the first LNG-fuelled vessel ever to…

Large industrial tanks sit near a cityscape.
AfricaBusiness

Nigeria becomes a net fuel exporter

By
Africaspoint Editorial

The Dangote Petroleum Refinery ran at 99.1% capacity in April 2026, producing 53.6 million litres of petrol daily against domestic…

Close-up of vintage beer bottles in a rustic wooden crate from a traditional brewery in Tokyo, Japan.
AfricaBusiness

Asahi’s $2.3bn EABL deal clears regulators

By
Africaspoint Editorial

Capital markets regulators in Kenya, Tanzania and Uganda granted Japan's Asahi Group Holdings exemptions from mandatory takeover offer requirements on…

Africa gold mining JSE market cap 2026Airtel Zambia $1 billion market capitalisation LuSE Lusaka Securities Exchange 2026

Airtel Zambia joins the $1bn club

Airtel Networks Zambia Plc crossed US$1 billion in market capitalisation on the Lusaka Securities Exchange…

Ethiopia EV electric motorcycle Spiro Roam BasiGo Kenya 80 percent 2026Nala stablecoin Tanzania fintech $50m Liquidity MUFG 2026

Spiro bets on batteries, not motorcycles

Spiro co-founder Gagan Gupta told TechCabal that batteries and energy infrastructure, not motorcycles, drive the…

Africa minerals railway DRC Zambia AngolaRwanda

Tanzania self-funds its $24bn budget

Tanzania's Finance Minister Khamis Mussa presented the Tsh62.33 trillion ($24 billion) 2026/27 budget on June…

CBN Nigeria Central Bank Year award Cardoso reform FX inflation 2026Nigeria

Cardoso wins Central Bank of the Year

Nigeria's Central Bank was named Central Bank of the Year 2026 at the Central Banking…

Two men holding Ghanaian flags during a public event in Ghana, capturing national pride.
Ghana $118bn GDP Africa eighth economy IMF 2026Ghana cedi IMF recovery 2026

Ghana rises to Africa’s 8th economy

Aerial view of Nairobi's modern skyline and expressway under cloudy skies.
Artificial Intelligence KenyaGITEX Kenya Nairobi AI tech 2026

Nairobi is now Africa’s AI capital

National Health Insurance South Africa universal healthcareSouth Africa Infrastructure

South Africa’s NHI loses in ConCourt

Bolt Dongfeng EV electric vehicle South Africa ride-hailing 2026South Africa Infrastructure

Bolt brings Chinese EVs to South Africa

Show More