African markets and business updates
Latest headlines from African markets, companies, and business sources.
Dangote Sounds NGX Gong As Refinery IPO Opens
Dangote Sounds NGX Gong As Refinery IPO Opens
Investors flooded the Nigerian Exchange on Monday as the Initial Public Offering of Dangote Petroleum Refinery and Petrochemicals commenced. The milestone was announced during the opening gong ceremony at the NGX trading floor in Marina, Lagos, where top government officials, traditional leaders and key capital market operators gathered to mark the commencement of the public […]
Dangote Sounds NGX Gong As Refinery IPO Opens
Dangote Sounds NGX Gong As Refinery IPO Opens
Investors flooded the Nigerian Exchange on Monday as the Initial Public Offering of Dangote Petroleum Refinery and Petrochemicals commenced. The milestone was announced during the opening gong ceremony at the NGX trading floor in Marina, Lagos, where top government officials, traditional leaders and key capital market operators gathered to mark the commencement of the public […] Investors flooded the Nigerian Exchange on Monday as the Initial Public Offering of Dangote Petroleum Refinery and Petrochemicals commenced.…
GSMA warns rising smartphone costs could widen global AI divide
GSMA warns rising smartphone costs could widen global AI divide
The GSMA has warned that rising smartphone component costs could widen the digital divide as 3.1 billion people remain offline despite living within mobile broadband coverage.
Eritrea: Seminar on Eradicating Harmful Practices
Eritrea: Seminar on Eradicating Harmful Practices
A seminar on eradicating harmful practices was organized for members of the committee overseeing efforts to eliminate harmful practices and protect the rights of children and women in Afabet. Mr. Mahmud Mohammed-Seid, head of the Ministry of Labor and Social Welfare office in the sub-zone, commended the committee’s activities in administrative areas and schools, as well as its work with the National Union of Eritrean Women, religious leaders, and other institutions. He said that the seminar will contribute significantly to achieving better results. At the seminar, participants received an extensive briefing on harmful practices that adversely affect health and are prohibited by law.…
United Nations (UN) agencies warn humanitarian system in Sudan ‘could collapse’
United Nations (UN) agencies warn humanitarian system in Sudan ‘could collapse’
“We simply can’t turn our back on the people of Sudan when they need us most,” Director General of the UN migration agency ( IOM ) Amy Pope said on Monday . The entire humanitarian system could collapse within weeks if we don't act now." Sudan has been embroiled in a brutal civil conflict since 2023 between rival militaries and their backers. Some 8.6 million people remain internally displaced and 19.5 million people currently face crisis levels of food insecurity, which has been compounded by maritime disruptions and drought caused by the El Niño weather pattern.…
Nearly 94,000 displaced by renewed fighting in Yemen
Nearly 94,000 displaced by renewed fighting in Yemen
IOM teams have been helping new arrivals ashore, distributing food and providing emergency shelter. Women and children have sought relief from the scorching heat under temporary canopies along the shoreline
Africa's rainmakers still in demand but face challenges from climate change
Africa's rainmakers still in demand but face challenges from climate change
African rainmakers have long been revered as spiritual leaders who perform rituals to bring rain, with the role often passed down through generations. But climate change is raising expectations they can't meet, leaving them increasingly blamed for drought — and in extreme cases, killed by mobs.
Morocco and the new mining value chains
Morocco and the new mining value chains
Morocco is strengthening its position in the African mining industry and intends to play a growing role in the global value chains for critical and strategic minerals. Ranked 15th worldwide and 1st in Africa for overall mining attractiveness, according to the Fraser Institute’s 2025 annual survey published in 2026, the Kingdom is building on its …
Core Energy launches tender for maiden uranium drilling programme
Core Energy launches tender for maiden uranium drilling programme
Core Energy Minerals has initiated a tender process with Namibian drilling contractors for a 2,500-metre drilling programme at its Barking Gecko uranium prospect, marking the start of exploration under the newly established Nova joint venture. The ASX-listed company plans approximately 15 reverse circulation and diamond drill holes to target high-grade hard-rock uranium mineralisation previously identified …