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

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

By
Africaspoint Editorial

The World Bank has approved $240 million for WACA+, a new coastal protection and blue economy programme in Benin and…

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AfricaBusiness

Ban children from social media, CEO urges

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Africaspoint Editorial

Pinterest CEO Bill Ready has called on governments to ban under-16s from social media, arguing platforms are designed to maximise…

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BusinessEast Africa

KRA wants VAT on every business in Kenya

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Africaspoint Editorial

The Kenya Revenue Authority wants the VAT registration threshold cut from $39,000 (KES 5 million) to zero, pulling every business…

AfricaBusiness

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

By
Africaspoint Editorial

Four years of legal battles have slowed but not stopped South Africa's offshore oil and gas ambitions. Shell's Wild Coast…

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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AIKenya AI strategy

EU commits $475m to Kenya’s digital push

gold-colored Bitcoin

SAA is Africa’s first Bitcoin airline

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Africa infrastructure securitisationChina Belt and Road Africa

Kenya’s $4bn railway breaks free of China

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Aliko DangoteDangote refinery exports Africa

South Africa turns to Dangote for fuel

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