African markets and business updates
Latest headlines from African markets, companies, and business sources.
New Echo division launched to fast-track seismic insights for high-risk projects
New Echo division launched to fast-track seismic insights for high-risk projects
Echo Seismic Ltd., an international geophysical business with offices in the UK, US and Canada, has launched EchoVision, a dedicated division expanding its seismic imaging and project delivery services for geothermal developers and geotechnical teams worldwide. The launch responds to growing demand as more developers and engineering teams recognise the value of seismic data in …
Gas price rises by 8.3% to N1,300/kg, higher in informal locations
Gas price rises by 8.3% to N1,300/kg, higher in informal locations
•Marketers explain why By Mariam Eko The price of Liquefied Petroleum Gas (LPG), otherwise known as cooking gas, increased by 8.3 percent on a Month-on-Month, MoM, bases to N1,300 per kilogram (kg) as at September 16, 2026 from N1,200 it was sold in the corresponding period of August 2026. Checks by Vanguard confirmed that the […]
SA’s Divisi is helping farmers know what to grow, when, and how
SA’s Divisi is helping farmers know what to grow, when, and how
South African agri-tech startup Divisi is a farm management platform that helps smallholder farmers know what to grow, when and how, in order to minimise losses and consistently achieve high yields. Founded this year by Isaac Chikutukutu, Divisi computes agronomy for one farmer’s actual field, rather than their district. A farmer adds the field’s boundaries [...]
SA’s Divisi is helping farmers know what to grow, when, and how
SA’s Divisi is helping farmers know what to grow, when, and how
South African agri-tech startup Divisi is a farm management platform that helps smallholder farmers know what to grow, when and how, in order to minimise losses and consistently achieve high yields. Founded this year by Isaac Chikutukutu, Divisi computes agronomy for one farmer’s actual field, rather than their district. A farmer adds the field’s boundaries [...] South African agri-tech startup Divisi is a farm management platform that helps smallholder farmers know what to grow, when and how, in order to minimise losses and consistently achieve high yields. Founded this year by Isaac Chikutukutu, Divisi computes agronomy for one farmer’s actual field, rather than their district.…
Dangote IPO draws interest from Nigerians keen to invest
Dangote IPO draws interest from Nigerians keen to invest
Nigerians have started scrambling to buy a stake in Aliko Dangote's giant oil refinery, with some seeing the country's biggest-ever public share offering as a rare chance to participate in one of Africa's most ambitious industrial projects.
CentrePort Wellington container volumes surge 69% in FY26
CentrePort Wellington container volumes surge 69% in FY26
CentrePort Wellington recorded a sharp increase in container traffic during the 2026 financial year, with volumes rising 69% to 145,155 TEUs. The growth followed the introduction of new weekly shipping services, including MSC Eagle from February 2026 and COSCO/OOCL’s weekly ANE service. CentrePort said the additional connections are strengthening Wellington’s role in New Zealand’s container […] CentrePort Wellington recorded a sharp increase in container traffic during the 2026 financial year, with volumes rising 69% to 145,155 TEUs . The growth followed the introduction of new weekly shipping services, including MSC Eagle from February 2026 and COSCO/OOCL’s weekly ANE service.…
K Shipbuilding, Sejin and ClassNK partner on eco LPG carrier
K Shipbuilding, Sejin and ClassNK partner on eco LPG carrier
K Shipbuilding, Sejin Heavy Industries and ClassNK have signed a memorandum of understanding to develop a new-generation eco LPG carrier. The three companies signed the agreement during Gastech 2026 in Bangkok, Thailand. The project will focus on a 9,000 m³ LPG carrier designed to comply with forthcoming amendments to the International Code for the Construction […] K Shipbuilding, Sejin Heavy Industries and ClassNK have signed a memorandum of understanding to develop a new-generation eco LPG carrier. The three companies signed the agreement during Gastech 2026 in Bangkok, Thailand.…
Hapag-Lloyd updates Bill of Lading sanctions clause
Hapag-Lloyd updates Bill of Lading sanctions clause
Hapag-Lloyd has updated its standard Bill of Lading clause covering Russia, Belarus and Iran. The carrier said the revision aims to ensure compliance with sanctions imposed by the European Union, United States, United Kingdom and other relevant authorities. It also reflects Hapag-Lloyd’s internal compliance requirements. The updated clause takes effect immediately. Clause prohibits direct and […] Hapag-Lloyd has updated its standard Bill of Lading clause covering Russia, Belarus and Iran. The carrier said the revision aims to ensure compliance with sanctions imposed by the European Union, United States, United Kingdom and other relevant authorities.…
Nigeria targets 70% of Africa’s gas demand with higher production — NUPRC
Nigeria targets 70% of Africa’s gas demand with higher production — NUPRC
•Rejects one-size-fits-all net-zero pathway By Obas Esiedesa, Bangkok Nigeria is targeting a significant expansion of its natural gas production to supply up to 70 per cent of Africa’s gas demand, leveraging its estimated 215 trillion cubic feet (TCF) reserves to address energy poverty across the continent, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said. […]
Over 5bn people rely on forests for livelihoods — FAO
Over 5bn people rely on forests for livelihoods — FAO
By Cynthia Alo & Kafayat Kokumo More than five billion people worldwide rely on forests to some extent for their livelihoods, yet its contribution to food security and nutrition remains largely overlooked in national statistics and policy frameworks, the Food and Agriculture Organization of the United Nations (FAO) has said. The FAO made this known […] By Cynthia Alo & Kafayat Kokumo More than five billion people worldwide rely on forests to some extent for their livelihoods, yet its contribution to food security and nutrition remains largely overlooked in national statistics and policy frameworks, the Food and Agriculture Organization of the United Nations (FAO) has said.…