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.

AfricaBusiness

Equity Bank bets on Lobito Corridor

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Africaspoint Editorial

Equity Group CEO James Mwangi disclosed on May 18 that the Kenyan bank is targeting acquisitions in Angola, Zambia and…

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AfricaBusiness

South Africa’s Starlink law fight escalates

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Africaspoint Editorial

South Africa's Communications Minister Solly Malatsi announced plans to amend the Electronic Communications Act to embed Equity Equivalent Investment Programmes…

AfricaBusiness

Dangote sets September for $50bn IPO

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Africaspoint Editorial

Aliko Dangote confirmed on May 21 that the Dangote Petroleum Refinery IPO will launch in September 2026 on the Nigerian…

Africa solar panels renewable energy farm power generation field
AfricaBusiness

China floods Africa with cheap solar

By
Africaspoint Editorial

China's solar panel exports to African countries surged 83% year on year in April 2026 to 123,787 metric tonnes, driven…

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…

Gautrain Gau Express e-hailing Uber Bolt South Africa 2026South Africa Infrastructure

Gautrain takes on Uber with own app

Balwin Properties PIC GEPF JSE delisting 2026South Africa Infrastructure

South Africa’s pension fund buys Balwin

Nigeria Angola West Africa oil tanker port crude petroleum export
Africa shipping routes Hormuz Cape Good Hope ports 2026Hormuz

Hormuz closure sends buyers to West Africa

NigeriaNigeria anti-corruption EFCC accountability governance

Nigeria catches its fugitive power minister

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