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 modern business district finance investment trade commerce bilateral partnership
AfricaBusiness

UK launches £15m Nigeria growth programme

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Africaspoint Editorial

The UK and Nigeria launched a £15 million three-year Growth Programme on June 12 during UK Minister for Africa Baroness…

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

By
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

By
Africaspoint Editorial

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

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…

A green and white train pulling into a train station
Dangote refinery 700000 barrels day capacity expansion 1.4 million 2026Nigeria

Lagos rail reaches for its airport

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

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