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.

A protest with a police officer photographing the crowd in urban South Africa.
AfricaBusiness

South Africa braces for June 30

By
Africaspoint Editorial

South Africa's police service has activated joint operations in all nine provinces at a projected cost of R600 million ahead…

Ghana West Africa economy finance banking growth modern city investment
AfricaBusiness

Ghana’s 1,400bps rate cut leads Africa

By
Africaspoint Editorial

Ghana's Bank of Ghana cut its benchmark rate by a cumulative 1,400 basis points from 28% in January 2025 to…

modern airport terminal aviation hub Africa infrastructure Nairobi Kenya
AfricaBusiness

Kenya revives $1.2bn JKIA expansion

By
Africaspoint Editorial

Kenya has appointed the Trade and Development Bank and Africa Finance Corporation to arrange $1.2 billion in financing for the…

people at the bleachers of the stadium
AfricaBusiness

DStv sets World Cup streaming record

By
Africaspoint Editorial

DStv Stream recorded over 900,000 concurrent viewers for South Africa's opening World Cup 2026 match against Mexico on June 12,…

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…

Business jet aircraft luxury aviation private modern terminal ultra long range fleet
CBN Nigeria Central Bank Year award Cardoso reform FX inflation 2026Nigeria

Rabiu buys $81m jet, nears $20bn

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

Airtel Zambia joins the $1bn club

electric vehicle battery energy storage technology modern infrastructure charging clean power
Ethiopia EV electric motorcycle Spiro Roam BasiGo Kenya 80 percent 2026Nala stablecoin Tanzania fintech $50m Liquidity MUFG 2026

Spiro bets on batteries, not motorcycles

Tanzania East Africa landscape savanna plains blue sky economy development natural
Africa minerals railway DRC Zambia AngolaRwanda

Tanzania self-funds its $24bn budget

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