African markets and business updates

The Alice L. Walton Foundation broke ground on September 17 on a $700 million health care campus in Bentonville, Arkansas, seven years after efforts to bring specialty medical care to Northwest Arkansas first began. Covering 120 acres, the Whole Health Campus will include a 250-bed hospital, 40 operating rooms and a cancer center across 1.1 […]

Sultan Resources has submitted an application for an additional 171.2 square kilometres of exploration ground in Namibia, targeting a promising but underexplored area approximately 5km south of Kalkfeld. The new licence, EPL 11820, named the Kaalkop Project, lies within Namibia’s Central Damara Belt and is expected to be granted next quarter. The Kaalkop licence area …

Protesters in San Francisco urged OpenAI and Anthropic to pause powerful AI, calling for global rules and an AI emergency amid safety and climate fears.

If approved, the transfer would mark a significant reversal for Mafab, which paid $273.6 million in 2021 to secure a 100 MHz block. Mafab Communications is seeking to transfer its key spectrum holdings to MTN Nigeria in a transaction that could end its run as one of Nigeria’s 5G operators and signal a wider reshuffling of the country’s scarce telecom spectrum. The proposed transaction covers Mafab’s 2×20 MHz holding in the 2.1 GHz band and its 100 MHz block in the 3.5 GHz band, according to people familiar with the matter. The transaction is still undergoing regulatory approval, one person said.…

SATRIX COLLECTIVE INVESTMENT SCHEME Satrix S&P 500 Feeder JSE Code: STX500 Nsx Code: SXN500 ISIN: ZAE000246641 Satrix 500 or STX500 A portfolio in the Satrix Collective Investment Scheme, registered as such in terms of the Collective Investment Schemes Control Act, 45 of 2002. LISTING OF ADDITIONAL Satrix S&P […] SATRIX COLLECTIVE INVESTMENT SCHEME Satrix S&P 500 Feeder JSE Code: STX500 Nsx Code: SXN500 ISIN: ZAE000246641 Satrix 500 or STX500 A portfolio in the Satrix Collective Investment Scheme, registered as such in terms of the Collective Investment Schemes Control Act, 45 of 2002.…

Investec Limited Investec plc Incorporated in the Republic of South Africa Incorporated in England and Wales Registration number 1925/002833/06 Registration number 3633621 JSE share code: INL LSE share code: INVP JSE hybrid code: INPR JSE share code: INP JSE debt code: INLV ISIN: GB00B17BBQ50 NSX share code: IVD LEI: 2138007Z3U5GWDN3MY22 […]

The Gabonese Government has signed an agreement with Nigerian energy infrastructure company Oilserv to develop and commercialise hydrocarbon reserves in two blocks in the country.

Nigeria’s trade balance with Canada swung sharply into a N23.21 billion deficit in June 2026, ending a 16-month streak of consecutive monthly trade surpluses, as exports to the North American country collapsed to just N1.54 billion, a significant dip of 99.55%.

By Tunde Oso Nigerian Bottling Company (NBC) Ltd, a member of the Coca-Cola HBC Group, has marked its 75th anniversary in Nigeria with a gala event held at the Conference Centre, Abuja. Reflecting on the company’s origin, Anastassis G. David, Chairman of Coca-Cola HBC, said: “In 1951, Anastasios Leventis negotiated the rights for the whole […] By Tunde Oso Nigerian Bottling Company (NBC) Ltd, a member of the Coca-Cola HBC Group, has marked its 75th anniversary in Nigeria with a gala event held at the Conference Centre, Abuja. Reflecting on the company’s origin, Anastassis G. David, Chairman of Coca-Cola HBC, said: “In 1951, Anastasios Leventis negotiated the rights for the whole of Nigeria.…

Oye said the size of the capital inflow should not be mistaken for evidence that the Nigerian economy was attracting sufficient long-term productive investment