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.

Africa Nigeria capital market investment finance stock exchange IPO industrial growth
AfricaBusiness

Standard Bank backs Dangote refinery IPO

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Africaspoint Editorial

Standard Bank Group CEO Sim Tshabalala visited the Dangote Petroleum Refinery in Lagos on June 10 and pledged that Standard…

Uganda East Africa aviation aircraft Boeing airline modern fleet airport terminal
AfricaBusiness

Uganda Airlines orders 10 Boeing aircraft

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Africaspoint Editorial

Uganda Airlines signed a commitment with Boeing on June 10 to acquire 10 aircraft including 8 passenger planes and 2…

Africa cooperative community savings finance inclusive growth investment members
AfricaBusiness

Kenya wins the ICA-Africa chair

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Africaspoint Editorial

McLoud Malonza, Chair of Co-operative Bank Holdings and the Co-operative Alliance of Kenya, was elected Chairperson of ICA-Africa in Maputo…

A green and white train pulling into a train station
AfricaBusiness

Lagos rail reaches for its airport

By
Africaspoint Editorial

Nigeria's Aviation Minister Festus Keyamo announced plans at the Invest Lagos 3.0 forum on June 9 to extend the Lagos…

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…

cars on road near high rise buildings during daytime
HormuzRwanda

Tanzania and Singapore strike first partnership

Africa clean energy solar power investment boom 2026Eskom Green renewable energy mining manufacturing 32GW 2040 South Africa 2026

Eskom signs a landmark LNG deal

A bustling city street with modern skyscrapers and vehicles at sunset, Gautrain Hotel visible.
Africa clean energy solar power investment boom 2026Africa gold mining JSE market cap 2026

South Africa’s six-quarter growth run continues

Africa digital cloud computing data network technology economy connectivity modern
AIAmazon LEO Kuiper Kenya satellite ground station Starlink Africa internet 2026

Kenya near-finalises landmark EU data deal

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