West Africa

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

Three gold bars on dark background representing Burkina Faso's record gold production and IMF funding
AfricaBurkina Faso

Burkina Faso becomes Africa’s gold hotspot as economic boom unlocks fresh $33 million IMF funding

By
Africaspoint Editorial

Burkina Faso produced a record 94 tonnes of gold in 2025, flipping its current account into surplus and unlocking a…

Offshore oil drilling rig on the ocean at sunset, representing Ghana's TEN fields oil operations
AfricaBusiness

Tullow Oil signs $205 million deal to acquire FPSO John Evans Atta Mills

By
Africaspoint Editorial

Tullow Oil has agreed to buy the FPSO John Evans Atta Mills for $205 million, ending a decade-long lease arrangement…

African business professionals in a meeting discussing diaspora investment opportunities
AfricaDiaspora

Ghana courts its diaspora to shift from sending remittances to investing in the country’s economic recovery

By
Africaspoint Editorial

Ghana is actively mobilising its diaspora in the UK and beyond to shift from sending remittances to making structured investments…

African man using mobile banking app to send money internationally
AfricaDiaspora

UBA launches diaspora investment platform to turn Africa’s $100 billion in annual remittances into long-term wealth

By
Africaspoint Editorial

UBA has launched a diaspora banking platform in Lagos designed to channel Africa's $100 billion annual remittance flows into structured…

Africa gold mining JSE market cap 2026Airtel Zambia $1 billion market capitalisation LuSE Lusaka Securities Exchange 2026

Airtel Zambia joins the $1bn club

Airtel Networks Zambia Plc crossed US$1 billion in market capitalisation on the Lusaka Securities Exchange…

Ethiopia EV electric motorcycle Spiro Roam BasiGo Kenya 80 percent 2026Nala stablecoin Tanzania fintech $50m Liquidity MUFG 2026

Spiro bets on batteries, not motorcycles

Spiro co-founder Gagan Gupta told TechCabal that batteries and energy infrastructure, not motorcycles, drive the…

Africa minerals railway DRC Zambia AngolaRwanda

Tanzania self-funds its $24bn budget

Tanzania's Finance Minister Khamis Mussa presented the Tsh62.33 trillion ($24 billion) 2026/27 budget on June…

CBN Nigeria Central Bank Year award Cardoso reform FX inflation 2026Nigeria

Cardoso wins Central Bank of the Year

Nigeria's Central Bank was named Central Bank of the Year 2026 at the Central Banking…

Nigeria Lagos business financial district capital market
AfricaEconomic Growth

Nigeria’s exchange records its first ever commercial paper listing with Dangote Cement’s 119.87 billion naira issuance

Mobile phone technology Africa digital infrastructure
AfricaNigeria

MTN Group agrees to acquire full ownership of IHS Towers in a $2.2 billion deal

Show More