African markets and business updates

Nigeria’s headline inflation rate eased to 15.39% in August 2026, from 15.43% in July, according to the National Bureau of Statistics (NBS).

Dangote Petroleum Refinery has opened its initial public offer to investors. Here are the key details. 1. The company is seeking about ₦2.15 trillion The offer comprises 4.1 billion ordinary shares priced at ₦525 each. If fully subscribed, it will raise approximately ₦2.15 trillion. 2. The offer runs for one month The IPO opened on […]

Cybastion, a US company that delivers digital and infrastructure solutions in Africa, reportedly plans to mobilise about US$300 million for several projects supporting Senegal's digital transformation.

Tunde Ayinde drives a commercial bus between Ojota and CMS every day, and on the morning the newspapers announced that Aliko Dangote was opening his refinery to “the people,” he did the maths on a scrap of paper taped to his dashboard.

The price of a tonne of copper had also risen during the week of September 7–12, 2026, reaching $14,461.25, compared with $14,350.20 the previous week, an increase of 0.77% per tonne.

The naira maintained its bullish run against the British pound amid robust fundamentals within the Nigerian economy. The naira recently broke below the N1,800/£ resistance, trading around N1,786/£ against the British Pound. The breach below N1,800/£ will likely activate long stop-loss orders, especially in the British pound, verified by firmly bearish candles on the weekly […]

Major Fikadu Jifar Siyum is a seasoned military officer serving with the African Union Support and Stabilisation Mission in Somalia (AUSSOM). He joined the Ethiopian National Defence Forces (ENDF) to defend his country from external aggression, a commitment that he now carries beyond his country’s borders. With over two decades of dedicated service, he now holds a dual role in the mission as Quick Reaction Force (QRF) commander and Checkpoint commander for AUSSOM Sector 3 troops in Baidoa, South West State. His work is vital in supporting peace efforts and stability in the region. Maj.…

On-the-ground presence is the essence of an effective health emergency response. Equally vital is the ability to deploy frontline teams, medicines and essential supplies to the communities that need them most. In the Democratic Republic of the Congo’s Ebola response, the United Nations Humanitarian Air Service (UNHAS) is providing that critical link, delivering responders and lifesaving cargo to the frontlines of the response. Since the declaration of the outbreak, response efforts have been intensified and scaled up, including air operations, to meet the demands of the response.…

Tungsten West is deploying six TOMRA Mining XRT sorters equipped with OBTAIN™ Deep Learning technology at the Hemerdon tungsten mine in England, targeting ramp up to full scale production in the first quarter of 2027. With tungsten on the UK critical minerals list and Chinese export restrictions reshaping global supply, Hemerdon is positioned to become …

Fintechs reached the customers banks struggled to serve. Now, the battle is moving to who controls the rails, deposits, credit, and data those customers generate. 15 septembre 2026 Hello , Welcome back to Francophone Weekly by TechCabal , your weekly deep dive into the tech ecosystem across French-speaking Africa. For readers who want to understand Francophone Africa beyond headlines—through markets, startups, and systems. New editions of the newsletter will land directly in your inbox every Tuesday at 12 PM WAT. By default, this newsletter is in French. If you’re reading this in your email inbox, click the “Read in English” button below to switch to the English version.…