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

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

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Africaspoint Editorial

Nigerian defence startup Terra Industries raised $11.8m from Palantir co-founder Joe Lonsdale's 8VC and Anduril backers to expand autonomous drone…

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AfricaBusiness

Benin votes tomorrow as Talon picks his successor

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Africaspoint Editorial

Benin votes April 12 as outgoing President Patrice Talon steps down after a decade, with finance minister Romuald Wadagni the…

AfricaBusiness

GITEX Africa opens in Marrakech with $5bn deals expected

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Africaspoint Editorial

Africa's largest tech event opened in Marrakech on April 7 with 1,450 exhibitors from 145 countries, 55,000 attendees, and $5bn…

AfricaBusiness

FirstRand dumps UK bank after $993m car loan hit

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Africaspoint Editorial

South Africa's FirstRand will exit UK bank Aldermore after raising motor loan provisions to £750m ($993m), more than a decade…

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…

Burkina Faso tomato banElizabeth Ofosu-Adjare

Tomatoes flow again as Burkina lifts Ghana ban

blue and white metal pipe
Anglo American South AfricaGwede Mantashe

South Africa gets only 1% of global mining spend

A vibrant assortment of red, yellow, and brown heirloom tomatoes in wooden crates, ideal for food photography
Burkina Faso tomato banEric Opoku

Ghana wants tomato yields to triple to 20 tons

Augustus Goosie TanohGhana 24-hour economy

Ghana engineers want $2bn import bill slashed

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