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.

Pharmacy medicine healthcare retail products shelf South Africa
AfricaBusiness

Dis-Chem accelerates with 34 new pharmacies

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Africaspoint Editorial

Dis-Chem Pharmacies will open 34 new stores in its 2027 financial year as it accelerates its integrated healthcare platform strategy.…

AfricaBusiness

Nala raises $50m for stablecoin push

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Africaspoint Editorial

Tanzanian fintech Nala has secured up to $50 million in credit financing from Liquidity, arranged through Mars Growth Capital, a…

AfricaBusiness

Yoco snaps up AI startup Dyner

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Africaspoint Editorial

Yoco, South Africa's small-business payments company serving 200,000 merchants, has acquired Dyner.ai, an AI operating system for restaurants and independent…

Ethiopia telecommunications mobile technology digital network infrastructure Africa
AfricaBusiness

Ethio Telecom hits Ethiopia’s stock exchange

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Africaspoint Editorial

Ethio Telecom listed on the Ethiopian Securities Exchange on May 26 under ticker TELE, becoming the first state-owned enterprise 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…

South Africa Sandton financial district banking towers Johannesburg investment
Africa gold mining JSE market cap 2026SARB repo rate cut 6.5 percent MPC South Africa May 2026

Standard Bank tops Africa at R517bn

Aliko DangoteDangote Group

NNPC challenges Dangote’s prices in court

South Africa coal mine heavy industry energy mining operations industrial
Africa gold mining JSE market cap 2026HCI Hosken Consolidated Investments earnings coal hotels JSE 2026

HCI lifts earnings 50% on coal boom

A yellow industrial train at a cement factory track in Saudi Arabia under a clear blue sky.
East Africa $20 billion infrastructure six economies 2026East Africa ports Mombasa Lamu shipping boom 2026

East Africa unleashes $20bn infrastructure drive

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