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 business district financial economy growth
AfricaBusiness

Nigeria’s Net FX Reserves Jump 772% in Two Years

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Africaspoint Editorial

CBN Governor Olayemi Cardoso disclosed that Nigeria's net foreign exchange reserves surged 772% from $3.99 billion at end-2023 to $34.80…

Government official working on digital platform dashboard
AfricaBusiness

CAR Becomes First Nation to Fully Digitize a Ministry

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Africaspoint Editorial

The Central African Republic launched the Dûnîa platform on February 23, fully digitizing its Ministry of Economy — the first…

AfricaBusiness

Ghana Tables New Data Protection Bill Covering AI

By
Africaspoint Editorial

Ghana is developing a new Data Protection Bill to regulate AI systems, automated decision-making and cross-border data transfers, replacing the…

5G telecommunications tower antenna network infrastructure
AfricaBusiness

Safaricom and Ericsson Sign Multi-Year 5G Microwave Deal

By
Africaspoint Editorial

Safaricom has signed a multi-year microwave agreement with Ericsson to deploy E-band and multi-band MINI-LINK equipment across Kenya, already achieving…

Africa clean energy solar power investment boom 2026DStv World Cup streaming record 900000 viewers Bafana South Africa FIFA 2026

DStv sets World Cup streaming record

DStv Stream recorded over 900,000 concurrent viewers for South Africa's opening World Cup 2026 match…

Africa GDP 4.2 percent growth fastest economies 2025 2026CBN Nigeria Central Bank Year award Cardoso reform FX inflation 2026

Nigeria slams the IMF’s tax prescriptions

A Nigerian think tank, the Alliance for Economic Research and Ethics, has criticised the IMF's…

HormuzSouth Africa immigration xenophobia Ramaphosa March deportation crackdown 2026

Stop checking passports, SA minister warns

South Africa's Justice Minister Mmamoloko Kubayi warned at an Inter-Ministerial Committee on Migration briefing on…

Aliko DangoteDangote refinery 700000 barrels day capacity expansion 1.4 million 2026

Dangote’s petrol unit is down 34%

The Dangote Petroleum Refinery has been running its main petrol-producing RFCCU unit at 34% below…

Ghana’s McDan Built a $120M Empire From Nothing

Kenya Inflation Falls to 4.3% in February

Tobacco farmers harvesting crops in Africa

Zimbabwe Opens Tobacco Floors on 4 March

AfDB and UNDP Bet $10 Billion on African AI

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