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

Gautrain takes on Uber with own app

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Africaspoint Editorial

Gautrain has launched Gau Express, an e-hailing service integrated with the rapid rail network that lets Gauteng commuters book rides…

AfricaBusiness

South Africa’s pension fund buys Balwin

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Africaspoint Editorial

A PIC-led consortium has made a firm R2.26 billion ($130 million) offer to buy out Balwin Properties minority shareholders at…

Nigeria Angola West Africa oil tanker port crude petroleum export
AfricaBusiness

Hormuz closure sends buyers to West Africa

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Africaspoint Editorial

The near-total closure of the Strait of Hormuz is redirecting global crude buyers toward West Africa and Latin America, creating…

AfricaBusiness

Nigeria catches its fugitive power minister

By
Africaspoint Editorial

Nigeria's EFCC arrested former Minister of Power Saleh Mamman at 3:30am on May 19 in Kaduna, more than a week…

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…

Stunning aerial view of Marrakech cityscape with Atlas Mountains in the background.
IFC Standard Chartered Africa supply chain 2026Jorf Lasfar phosphogypsum Morocco industrial 2026

IFC pays $111m for Morocco’s waste

Ghana pushes miners for 30% gold

Dangote’s Ethiopia bet hits $4bn

Ethiopia agriculture farming crops fertiliser industrial
Aliko DangoteDangote Ethiopia fertiliser $4 billion Gode 2026

Dangote’s Ethiopia bet hits $4bn

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