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

MTN and Airtel pocket $2.3bn from Africa data boom

By
Africaspoint Editorial

MTN Nigeria and Airtel Africa generated a combined N3.6 trillion ($2.3 billion) from data services in 2025, as Africa's mobile…

AfricaBusiness

Zenith and GTCO earn $183m from digital fees

By
Africaspoint Editorial

Nigeria's two largest banks by market cap, Zenith Bank and GTCO, collectively earned N283 billion ($183 million) from account maintenance…

AfricaBusiness

Nigeria’s oil birthplace runs on solar now

By
Africaspoint Editorial

Oloibiri, the Nigerian village where Shell struck the country's first commercial oil in 1956, now runs on solar after 15…

AfricaBusiness

Kenya seals $2.9bn in deals at KIICO 2026

By
Africaspoint Editorial

Kenya secured $2.9 billion in investment commitments across 20 deals at the KIICO 2026 conference in Nairobi, targeting 63,000 new…

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…

Africa defence technologyAI

Palantir co-founder bets $11.8m on Nigerian drone maker

vote, ballot, box, ballot box, icon, vote icon, voting icon, election icon, symbol, voting, election, 2020, american elections, usa, democracy, isolated, vote, vote, vote, vote, ballot, ballot, ballot, ballot box, ballot box, ballot box, voting, voting, election, election, election, election, election
Benin election 2026Patrice Talon

Benin votes tomorrow as Talon picks his successor

Africa 5G technologyAI

GITEX Africa opens in Marrakech with $5bn deals expected

Bola TinubuFirstRand Aldermore

FirstRand dumps UK bank after $993m car loan hit

Show More