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.

Ghana oil gas offshore petroleum energy industrial West Africa investment upstream
AfricaBusiness

Ghana pitches Voltaian Basin to Canada

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Africaspoint Editorial

Ghana's Petroleum Commission Acting CEO Emeafa Hardcastle led discussions at the 2026 Global Energy Show in Calgary pitching investment opportunities…

Zimbabwe gold mine open pit mining operations extraction Africa mineral resources
AfricaBusiness

Zimbabwe’s gold miner doubles output target

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Africaspoint Editorial

Mutapa Gold Resources, Zimbabwe's state gold miner owned by the Mutapa Investment Fund, plans to double annual output from 105,000…

AfricaBusiness

Rwanda’s Rwf7.8tn budget hits parliament

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Africaspoint Editorial

Rwanda Finance Minister Yusuf Murangwa presented the Rwf7.8 trillion ($990 million) national budget to Parliament on June 11, a 12%…

Africa port harbour container shipping maritime trade infrastructure logistics ocean
AfricaBusiness

China embeds deeper in Africa’s ports

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Africaspoint Editorial

China holds stakes in roughly one-third of African ports, has invested $50 billion in port infrastructure since 2013, and accounts…

Angola GDP growth 5.3 percent non-oil diversification Q1 2026Dangote Refinery IPO

US-Iran truce sends oil crashing

A US-Iran ceasefire agreement and the reopening of the Strait of Hormuz have sent Brent…

Africa startup funding May 2026 $259 million Bima NALA LemFi fintech reboundAI

MTN’s MoMo is going super app

MTN Group Fintech has partnered with Ant International, the global payments firm behind Alipay, to…

Africa GDP 4.2 percent growth fastest economies 2025 2026Uganda Airlines Boeing 10 aircraft fleet expansion Museveni 2026

AfDB backs Arua airport in Uganda

The African Development Bank has approved $180 million to upgrade Uganda's Arua Airport into an…

South Africa immigration xenophobia Ramaphosa March deportation crackdown 2026South Africa Infrastructure

South Africa braces for June 30

South Africa's police service has activated joint operations in all nine provinces at a projected…

AethexAI voice AI Africa $3 million 4DX Ventures Kora pre-seed 2026AI

TikTok’s AI purges 4m Nigerian videos

Ethiopian Airlines global competitor US Ambassador Boeing GE Africa 2026Kenya

Kenya Airways pursues $2bn turnaround investor

Electric tower in a marshland with a factory in the distance, creating a mix of nature and industry.
Africa clean energy solar power investment boom 2026Eskom Green renewable energy mining manufacturing 32GW 2040 South Africa 2026

Eskom creates Green arm for renewable future

Unique upside down pose depicts a fashionable young man watching TV under colorful lights.
Africa clean energy solar power investment boom 2026AI

MTN launches a R30 streaming service

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