African markets and business updates

King Ocean will replace its Panama Canal Freshwater Surcharge with a new Panama Crossing Surcharge for cargo moving to and from Ecuador and Peru. The change will take effect on 14 October 2026 and will apply to both southbound and northbound shipments. According to the carrier, the new surcharge reflects increased costs associated with transiting […] King Ocean will replace its Panama Canal Freshwater Surcharge with a new Panama Crossing Surcharge for cargo moving to and from Ecuador and Peru. The change will take effect on 14 October 2026 and will apply to both southbound and northbound shipments.…

‎‎By Rosemary Iwunze‎‎Preparations for the 2026 Almond Insurance Industry Awards are in top gear as the organizers are leaving no stone unturned to live up to its billing, as Insurance biggest night. ‎The company Almond Productions Limited in a statement signed by the Chief Executive Officer, Ms. Kesiena Faith Ughwode unveiled some of the guest […] ‎ ‎By Rosemary Iwunze ‎ ‎Preparations for the 2026 Almond Insurance Industry Awards are in top gear as the organizers are leaving no stone unturned to live up to its billing, as Insurance biggest night. ‎The company Almond Productions Limited in a statement signed by the Chief Executive Officer, Ms.…

China managed to leverage the vacuum cased by Hormuz disruptions having replaced only about a third of the volume the Gulf lost. China managed to leverage the vacuum cased by Hormuz disruptions having replaced only about a third of the volume the Gulf lost. This content is locked Select a CN Premium Subscription Package To Unlock The Content! Remember Me Lost your password? Don't have an account? Register

Maersk will revise its import tariffs for store-door deliveries to Khera Kalan and Alipur in India. The revised rates will take effect on 15 October 2026 and apply to 40-foot High Cube dry containers transported through the ports of Mundra and Pipavav. Maersk said the adjustment reflects prevailing market conditions and current pricing levels. Revised […]

The Nigerian Stock Market hit a record N162.2 trillion in market cap for the first time ever as stocks closed the week on a high.

IAG Cargo, MASkargo and Qatar Airways Cargo have completed their first customer shipment involving all three carriers, marking a key step towards the launch of their Global Cargo Joint Business later this year. The trial shipment moved 11 tonnes of copper foil from Kuala Lumpur to Chicago O’Hare, travelling through Doha and Dublin across the […] IAG Cargo, MASkargo and Qatar Airways Cargo have completed their first customer shipment involving all three carriers, marking a key step towards the launch of their Global Cargo Joint Business later this year.…

The Court of Appeal, Abuja, has reversed the judgment of the Federal High Court sitting in Lokoja, which set aside its earlier judgment directing the Independent National Electoral Commission (INEC) to register the Nigeria Democratic Congress (NDC), pending a fresh hearing over a dispute involving its logo.

The Department of Health is urging citizens to remain vigilant of mpox symptoms as the country is experiencing a rapid increase in laboratory-confirmed mpox cases in the past few weeks. As of 17 September 2026, the country has recorded 18 confirmed and one probable case, and this requires immediate and sustained public cooperation to contain. The majority (15) of these cases were reported in the Western Cape, City of Cape Town in particular, 3 in Gauteng and 1 in KwaZulu-Natal. Of concern is that 13 of the total cases were recorded between 13 August and 17 September, which suggests a rapid local transmission of this preventable viral infection.…

The deadly Ebola outbreak in the Democratic Republic of the Congo (DRC) has taken a disproportionate toll on women and girls, many of whom are on the frontlines caring for patients as well as their own families despite the high risk of infection. This is evident in the city of Bunia, epicentre of the crisis, said Dr. Setcheme Mongbo, UN Women Representative in the DRC, speaking on Friday following a recent visit to the city.…

Fourteen Liberian Agriculture teachers are preparing to depart for the Kwame Nkrumah University of Science and Technology (KNUST) in Ghana for a one-year advanced training in Agriculture Education. The program will strengthen their technical and teaching skills so they can return better equipped to support Liberia’s Technical and Vocational Education and Training (TVET) sector. The opportunity is being provided through the European Union-funded Youth Rising Project, implemented by the United Nations Industrial Development Organization (UNIDO). Speaking at a pre-departure ceremony at the Ministry of Education, Minister Dr.…