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.

Nigeria central bank finance banking institution Abuja modern architecture economy
AfricaBusiness

Cardoso wins Central Bank of the Year

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Africaspoint Editorial

Nigeria's Central Bank was named Central Bank of the Year 2026 at the Central Banking Awards in London on June…

Africa fintech startup funding technology investment digital economy growth chart data
AfricaBusiness

Africa’s startup funding rebounds in May

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Africaspoint Editorial

Africa's startup funding rebounded to $259.8 million in May 2026, up 133.5% from $110.4 million in April, across 43 startups.…

Kenya digital infrastructure EU connectivity fiber satellite modern city Nairobi technology
AfricaBusiness

Kenya lands €102m EU digital package

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Africaspoint Editorial

Kenya's €102 million EU digital package from Ruto's Brussels visit breaks down into six programmes: €37m for the Blue Raman…

Satellite dishes against a cloudy sky create a moody urban scene.
AfricaBusiness

Kenya Starlink trial produces striking results

By
Africaspoint Editorial

A Grow X Education and CEMASTEA study of Starlink satellite internet in 30 Kenyan schools found that within one month…

Endeavour Mining gold West Africa $880m EBITDA Assafou Burkina Faso Cote Ivoire 2026Kenya Airways $2 billion turnaround investor debt equity KQ Kamal 2026

Endeavour Mining posts record $880m EBITDA

Endeavour Mining, West Africa's largest gold producer, reported record adjusted EBITDA of $880 million for…

Africa GDP 4.2 percent growth fastest economies 2025 2026Africa sovereign wealth funds $164 billion mining minerals EIH FONSIS Guinea Simandou 2026

Africa’s $164bn wealth funds eye mining

Africa's sovereign wealth funds now hold combined assets exceeding $164 billion and are being deployed…

Africa GDP 4.2 percent growth fastest economies 2025 2026Ethiopia Addis Ababa Entoto Kebena riverside Beautifying Sheger Abiy urban 2026

Abiy unveils Addis Ababa’s riverside makeover

Ethiopian PM Abiy Ahmed inaugurated the Entoto-Kebena River and Riverside Development Project in Addis Ababa…

HormuzSouth Africa immigration xenophobia Ramaphosa March deportation crackdown 2026

EU’s steel tariff hits South Africa

The EU's new steel import framework took effect July 1, imposing annual quotas with a…

Africa port harbour container shipping maritime trade infrastructure logistics ocean
Africa GDP 4.2 percent growth fastest economies 2025 2026Berbera port Somaliland DP World Ethiopia Horn of Africa trade gateway 2026

China embeds deeper in Africa’s ports

Africa Nigeria capital market investment finance stock exchange IPO industrial growth
Dangote refinery 700000 barrels day capacity expansion 1.4 million 2026Dangote Refinery IPO

Standard Bank backs Dangote refinery IPO

Uganda East Africa aviation aircraft Boeing airline modern fleet airport terminal
Ethiopian Airlines global competitor US Ambassador Boeing GE Africa 2026Kenya Airways $2 billion turnaround investor debt equity KQ Kamal 2026

Uganda Airlines orders 10 Boeing aircraft

Africa cooperative community savings finance inclusive growth investment members
HormuzKenya

Kenya wins the ICA-Africa chair

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