African markets and business updates

Customs revenue from the South II sector, which includes the deepwater Port of Kribi, has reached CFA162.9 billion since the start of 2026. The figure adds to a sharp increase in collections since Kribi began commercial operations in 2018 and comes alongside continued growth in container traffic. According to Port Authority of Kribi (PAK) data reviewed by Business in Cameroon , the 2026 revenue collected so far represents 48.6% of the CFA335.4 billion generated by the customs sector during all of 2025. South II customs revenue has risen substantially since the port began commercial operations in March 2018. Collections increased from CFA15.7 billion that year to CFA335.4 billion in 2025.…

South Africa’s energy conversation is changing. With Eskom recording more than 400 consecutive days without load shedding, the focus for energy-intensive businesses is shifting from simply securing electricity to ensuring that energy supports industrial competitiveness, investment and growth . For South Africa’s mines, manufacturers, smelters and other large power users, significant challenges remain. Grid capacity, rising operating costs, renewable energy integration, power quality and the financing of alternative energy solutions are increasingly influencing investment and operational decisions.…

South African startup Market Reflex has launched a trader-development platform designed to help self-directed traders improve discipline, decision-making and self-awareness. Launched this year, the Market Reflex app combines structured trade journaling, pre- and post-trade reflection, written trading-edge development, and AI-assisted coaching feedback and performance review. It is not a broker, signal service or trade-execution platform. [...]

South African startup Market Reflex has launched a trader-development platform designed to help self-directed traders improve discipline, decision-making and self-awareness. Launched this year, the Market Reflex app combines structured trade journaling, pre- and post-trade reflection, written trading-edge development, and AI-assisted coaching feedback and performance review. It is not a broker, signal service or trade-execution platform. [...] South African startup Market Reflex has launched a trader-development platform designed to help self-directed traders improve discipline, decision-making and self-awareness.…

South African President Cyril Ramaphosa has withdrawn from public engagements after returning from the BRICS summit in India, his office said on Wednesday, citing ill health.

Russia struck the Ukrainian cities of Odesa and Sumy on 16 September, sparking fires and damaging homes and other buildings, according to Ukrainian emergency services and local officials.

The GSMA warned that the world risks creating a new global divide between AI “haves” and “have-nots” unless urgent action is taken to address the digital divide and make smartphones affordable for billions of people in low- and middle-income countries. Launching its State of Mobile Internet Connectivity (SOMIC) Report 2026, the GSMA, which represents the […] The GSMA warned that the world risks creating a new global divide between AI “haves” and “have-nots” unless urgent action is taken to address the digital divide and make smartphones affordable for billions of people in low- and middle-income countries.…

Cameroonian businesses and investors have been invited to take part in the Alamein Africa Forum in Egypt as the two countries discuss new ways to expand trade and investment ties. The forum is scheduled for October 2-4, 2026, according to its official website. The participation of Cameroonian companies was discussed during a September 9 meeting between an Egyptian delegation and Cameroon’s Minister of Small and Medium-sized Enterprises, Social Economy and Handicrafts, Achille Bassilekin III. According to the ministry, the talks also covered plans for an Egyptian-Cameroonian business forum in Egypt.…

Prospect Resources Ltd. is pleased to provide a further update on its ongoing Phase 3 exploration drilling programmes at the Mumbezhi Copper Project (90% Prospect) (Mumbezhi) in north-west Zambia. Prospect’s Managing Director and CEO, Sam Hosack, commented: “I am satisfied that this year’s drill programme is progressing well. We started the year with fabulous MRE …

Muhammadu Sanusi II, the Emir of Kano, has said that one of his regrets in office as the governor of the Central Bank of Nigeria, CBN, was delaying the entry of telecommunications companies (telcos) into financial services. Sanusi spoke on Wednesday at the launch of the 2026 Access to Financial Services in Nigeria (A2F) survey […]