African markets and business updates

Latest headlines from African markets, companies, and business sources.

10+ stories

Nigeria methanol poisoning outbreak kills at least 49

Africanews EN · 18 Sep 2026 · 09:23

Residents have told the Associated Press that a locally made herbal alcoholic drink known as “Monkey Tail” is suspected of being linked to the outbreak. Authorities have not yet confirmed the drink as the source, and investigations are continuing.

Terra Industries leads $1m round in Aeon to build Africa’s cyber defence layer

TechCabal · 18 Sep 2026 · 09:20

Aeon will use the funding to develop its cybersecurity products, expand business development, and turn existing pilots with financial services and cloud infrastructure companies into commercial deployments.

Zambia regulator cancels Beeline licence over regulatory breaches

Developing Telecoms - Sub-Saharan Africa · 18 Sep 2026 · 09:07

Zambia’s Information and Communications Technology Authority (ZICTA) has cancelled the operator licence of Beeline, which operated under the Z-Mobile brand, for failing to meet several regulatory obligations.

The banker helping FNB Connect turn cellphones into gateways to everyday life

TechCabal · 18 Sep 2026 · 09:04

As a boy growing up in Empangeni, a small town in South Africa’s KwaZulu-Natal Province, Sashin Sookroo had already decided that he wanted to be an engineer.

Share Purchase Plan Opens

Namibian Stock Exchange · 18 Sep 2026 · 09:00

BANNERMAN ENERGY LTD Incorporated in Australia (Registration number: 34 113 017 128) ISIN: AU000000BMN9 ASX Share Code: BMN NSX Share Code: BMN SHARE PURCHASE PLAN OPENS Bannerman Energy Ltd (ASX:BMN, OTCQX:BNNLF, NSX:BMN) (Bannerman or the Company) is pleased to confirm that its share purchase plan which was announced on 9 September […]

Nigerian startup Drive45 Mobility secures $3m debt facility to drive growth

Disrupt Africa · 18 Sep 2026 · 09:00

Nigerian startup Drive45 Mobility has secured a US$3 million debt facility from TLG capital to support the company’s next phase of growth. Founded in 2021, Drive45 Mobility is transforming access to vehicle ownership through a flexible rent-to-own vehicle subscription model, enabling individuals and businesses to access vehicles with manageable payments and minimal upfront capital. Its [...]

Nigerian startup Drive45 Mobility secures $3m debt facility to drive growth

Disrupt Africa · 18 Sep 2026 · 09:00

Nigerian startup Drive45 Mobility has secured a US$3 million debt facility from TLG capital to support the company’s next phase of growth. Founded in 2021, Drive45 Mobility is transforming access to vehicle ownership through a flexible rent-to-own vehicle subscription model, enabling individuals and businesses to access vehicles with manageable payments and minimal upfront capital. Its [...] Nigerian startup Drive45 Mobility has secured a US$3 million debt facility from TLG capital to support the company’s next phase of growth.…

G-NEXID's 21st Annual General Assembly calls for stronger cooperation to accelerate sustainable development and trade financing

African Business · 18 Sep 2026 · 08:55

The Global Network of Export-Import Banks and Development Finance Institutions (G-NEXID) successfully held its 21st Annual General Assembly (AGA) on 14 September 2026 in Geneva, Switzerland, under the theme "Scaling South-South Trade and Development Finance through Strategic Partnerships."

Bankit transitions to WayvePay, unveiling a new era of digital banking and payments

Nairametrics · 18 Sep 2026 · 08:51

Bankit Microfinance Bank has announced its transition to WayvePay, marking a significant new chapter in its ambition to build a smarter, faster, more secure and accessible digital banking and payments platform for Nigerians. The transition goes beyond a change of name and visual identity, representing the evolution of the bank’s digital banking proposition and its broader […]

Tunis hit by torrential rain, school and university classes suspended

Africanews EN · 18 Sep 2026 · 08:33

Torrential rain hit the Tunisian capital on Thursday, raising fears of flooding and forcing the city to suspend classes at schools and universities.

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