African markets and business updates

Relatives who tried to stop Ritkatmun Bwemana from becoming a farmer now send her photographs of their farms, asking for advice. She remembers when they thought she needed some. Her grades were good enough to pursue a career in medicine. Why waste them on agriculture? Some called her father, hoping he could intervene. But Bwemana […] Relatives who tried to stop Ritkatmun Bwemana from becoming a farmer now send her photographs of their farms, asking for advice. She remembers when they thought she needed some. Her grades were good enough to pursue a career in medicine. Why waste them on agriculture? Some called her father, hoping he could intervene.…

Nigeria’s current account surplus rose by 67.9% to $7.54 billion in the second quarter of 2026, from $4.49 billion in the preceding quarter, supported by stronger export receipts and higher diaspora remittances.

Nigeria's equity mutual fund segment pulled back to a net asset value (NAV) of N230.50 billion as of August 28, 2026, down 4.51% from N241.38 billion recorded at the end of July, as renewed market volatility eroded part of the gains recorded in the prior month.

African Export-Import Bank (Afreximbank) ( www.Afreximbank.com ), Ghana Infrastructure Investment Fund (GIIF) and the Ghana’s 24-Hour Economy (24H) have signed a Joint Project Preparation Facility (JPPF) Framework Agreement to accelerate the preparation of priority projects under Ghana’s 24-Hour Economy and Accelerated Export Development Programme (24H+). The Authority currently values the wider 24H+ investment pipeline at approximately US$11.5 billion. The JPPF will support selected priority projects in the pipeline, subject to joint screening and approval.…

BANNERMAN ENERGY LTD Incorporated in Australia (Registration number: 34 113 017 128) ISIN: AU000000BMN9 ASX Share Code: BMN NSX Share Code: BMN Date of Annual General Meeting Bannerman Energy Ltd (ASX:BMN, OTCQX:BNNLF, NSX:BMN) (Bannerman or the Company) advises that it will hold its Annual General Meeting (AGM) on Thursday, 5 […]

The company plans to restart services across its app, WhatsApp chatbot, business platform, and application programming interface (API) on Friday.

Gabon sent trade officials, customs representatives and business operators to Cameroon to study how the country is implementing the African Continental Free Trade Area (AfCFTA). The delegation met Trade Minister Luc Magloire Mbarga Atangana in Yaounde on Wednesday, September 16, during a study visit that began on September 12, according to Cameroon’s Ministry of Trade. The mission is examining how Cameroon’s national AfCFTA committee works and how businesses use the agreement to trade. It is led by Georgina Mekui Me Ngui, Gabon’s director of foreign trade, under the supervision of Emmanuel Mbarga, the AfCFTA regional adviser for Central Africa.…

Colorado Springs City Council voted 7–2 late Thursday, Sept. 17, 2026, to postpone a final decision on the contested Project Taurus data center until April 13, 2027, after an 11-hour public hearing that turned chaotic and briefly violent. The delay amounts to a de facto moratorium on the city’s first AI data center, pushing the […]

The International Monetary Fund (IMF) has cautioned that evidence of financial shocks in foreign exchange markets does not, on its own, justify central bank intervention, stressing the need for a broader assessment of market conditions and potential policy costs.

Faouzi Lekjaa, Mehdi Bensaid, Minister of Youth, Culture and Communication, and other Authenticity and Modernity Party (PAM) candidates visited Rabat during their electoral campaign on 14 September for a face to face interaction with local residents.