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

TEF turns $100m into $4.2bn across 24,000 businesses

By
Africaspoint Editorial

IN SHORT: The Tony Elumelu Foundation has disbursed over $100 million to 24,000 African entrepreneurs since 2015, generating $4.2 billion…

AfricaBusiness

MTN donates devices to school with perfect matric pass rate

By
Africaspoint Editorial

IN SHORT: MTN South Africa has donated digital devices to Qibing Secondary School in the Free State, which recorded a…

A diverse group of professionals engaging in a team-building exercise in an office environment.
AfricaBusiness

Rwanda’s AGUKA creates 128,000 jobs, eyes next phase

By
Africaspoint Editorial

IN SHORT: Rwanda's AGUKA youth enterprise programme has generated 128,000 jobs and $9.3 million in income since 2022, exceeding its…

person sitting in front bookshelf
AfricaBusiness

Nigeria’s copyright chief tells MultiChoice: fix the gaps

By
Africaspoint Editorial

IN SHORT: Nigeria's Copyright Commission DG Dr John Asein met MultiChoice Nigeria CEO Kemi Omotosho and laid out three areas…

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…

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blue economy AfricaWACA West Africa coastal

World Bank approves $240m to protect West Africa’s coastline

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Africa digital regulationAI

Ban children from social media, CEO urges

taxes, tax office, tax return, form, income tax return, income tax, wealth, finance, tax evasion, money, accounting, income, invoice, taxes, taxes, taxes, taxes, taxes, income tax, income tax, income tax, income tax, accounting
John MbadiKenya Finance Bill 2026

KRA wants VAT on every business in Kenya

Gwede MantasheShell Wild Coast

South Africa’s offshore oil push survives four years of courts

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