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.

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AfricaBusiness

Africa startup funding hits $600m as exits double

By
Africaspoint Editorial

Africa's startup ecosystem raised $600 million in Q1 2026, up 27% year on year, with exits doubling and debt overtaking…

South Africa real economy SME growth investment agriculture manufacturing energy startup fund
AfricaBusiness

Secha Capital closes on $40m to back SA’s real economy

By
Africaspoint Editorial

South Africa's Secha Capital reached the second close of its $40 million Fund II with E Squared Investments joining as…

AfricaBusiness

LemFi commits £100m to go global from London

By
Africaspoint Editorial

Nigerian-founded LemFi committed £100 million to global infrastructure and designated London as its global headquarters as part of the UK-Nigeria…

AfricaBusiness

Equity Bank sweeps Kenya awards as Mwangi takes CEO prize

By
Africaspoint Editorial

Equity Bank swept ten categories at Kenya's 2026 Think Business Banking Awards and CEO James Mwangi was named Overall CEO…

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…

African Development Bank 2026Fintech

OPay hits $3.1bn as Opera flags 85% IPO probability

Impala Platinum PGM South Africa 2026Mining

NUM strikes at Implats in union recognition battle

Nigeria Dangote refinery oil petrochemical industrial energy Lagos IPO Africa
Africa capital markets pan-African listingDangote

Dangote hits $30bn as refinery eyes world record

Africa banking consolidation microfinance 2026Africa capital markets pan-African listing

Axian buys five Letshego banking units across Africa

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