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.

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AfricaBusiness

Tanzania and Singapore strike first partnership

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Africaspoint Editorial

Singaporean President Tharman Shanmugaratnam made the first-ever state visit by a Singaporean head of state to Tanzania on June 9,…

AfricaBusiness

Eskom signs a landmark LNG deal

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Africaspoint Editorial

Eskom and Zululand Energy Terminal signed a heads of agreement on June 5 for a long-term LNG supply partnership to…

A bustling city street with modern skyscrapers and vehicles at sunset, Gautrain Hotel visible.
AfricaBusiness

South Africa’s six-quarter growth run continues

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Africaspoint Editorial

South Africa's GDP grew 0.5% quarter on quarter in Q1 2026, beating the 0.2% consensus forecast and extending the growth…

Africa digital cloud computing data network technology economy connectivity modern
AfricaBusiness

Kenya near-finalises landmark EU data deal

By
Africaspoint Editorial

Kenya and the EU confirmed the Data Adequacy Decision is at its final stages during President Ruto's Brussels visit, with…

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…

Nigeria crude oil export tanker ship trade surplus commerce Atlantic petroleum
Dangote refinery 700000 barrels day capacity expansion 1.4 million 2026Dangote Refinery IPO

Nigeria’s trade surplus triples to N7.55tn

Berbera port Somaliland DP World Ethiopia Horn of Africa trade gateway 2026Ethio Telecom ESX Ethiopian Securities Exchange TELE IPO 2026

Berbera’s rise reshapes East Africa trade

Africa GDP 4.2 percent growth fastest economies 2025 2026AI

Ruto wins Sh20.7bn EU digital deal

red and black metal tower during sunset

Heirs Energies wins global oil deal prize

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