West Africa

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

AfricaBusiness

MTN and Airtel pocket $2.3bn from Africa data boom

By
Africaspoint Editorial

MTN Nigeria and Airtel Africa generated a combined N3.6 trillion ($2.3 billion) from data services in 2025, as Africa's mobile…

AfricaBusiness

Zenith and GTCO earn $183m from digital fees

By
Africaspoint Editorial

Nigeria's two largest banks by market cap, Zenith Bank and GTCO, collectively earned N283 billion ($183 million) from account maintenance…

AfricaFinance

FTSE upgrade sparks N1.36trn NGX windfall

By
Africaspoint Editorial

FTSE Russell's index upgrade of Nigeria triggered a N1.36 trillion gain in Nigerian Exchange market capitalisation within 72 hours, the…

AfricaBusiness

Nigeria’s oil birthplace runs on solar now

By
Africaspoint Editorial

Oloibiri, the Nigerian village where Shell struck the country's first commercial oil in 1956, now runs on solar after 15…

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…

Dangote Refinery IPODRC cobalt exports

Dangote refinery eyes $5bn IPO, Africa’s biggest ever

John Dramani MahamaKenya investment case

Zenith Bank enters East Africa via Kenya acquisition

Africa defence technologyAI

Palantir co-founder bets $11.8m on Nigerian drone maker

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Benin election 2026Patrice Talon

Benin votes tomorrow as Talon picks his successor

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