West Africa

West Africa business news covering ECOWAS economies: Nigeria, Ghana, Côte d’Ivoire, Senegal, and regional trade. Oil, gas, cocoa, and investment intelligence.

Nigeria Dangote refinery oil petrochemical industrial energy Lagos IPO Africa
AfricaBusiness

Dangote hits $30bn as refinery eyes world record

By
Africaspoint Editorial

Forbes has valued Dangote at $30.3 billion for the first time; he has pledged 95,000 jobs as the refinery expands…

Nigeria banking finance corporate Lagos business earnings results
AfricaBusiness

UBA profit halves as FX windfall evaporates

By
Africaspoint Editorial

UBA posted N404.7 billion profit in FY2025, down 47% from 2024, as FX trading swung from a N182 billion gain…

Nigeria solid minerals mining industrial investment alumina refinery Africa
AfricaInfrastructure

Nigeria signs $1.3bn alumina refinery deal

By
Africaspoint Editorial

Nigeria's Solid Minerals Development Fund and the Africa Finance Corporation signed a $1.3 billion MOU in March covering an alumina…

Nigeria digital technology fibre broadband internet infrastructure connectivity
AfricaInfrastructure

Nigeria gets $900m MDB backing for fibre rollout

By
Africaspoint Editorial

Nigeria's Project BRIDGE has secured $900 million in MDB commitments from the AfDB, World Bank and EBRD as part of…

HormuzSouth Africa immigration xenophobia Ramaphosa March deportation crackdown 2026

South Africa’s June 30 shutdown arrives

Anti-immigration protesters marched across South Africa's major cities on June 30, the deadline set by…

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…

Africa telecom digital infrastructure towers mobile network Nigeria
Africa telecom infrastructure consolidationFlutterwave

MTN buys back its towers in $6.2bn deal

Aerial shot capturing the coastline and urban sprawl of Abidjan, Côte d'Ivoire.

Ivory Coast launches strategic sovereign wealth fund

FlutterwaveNigeria digital banking revenue

Flutterwave gets Nigerian banking licence at 10

Africa mobile data revenueAirtel Africa

MTN and Airtel pocket $2.3bn from Africa data boom

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