African markets and business updates
Latest headlines from African markets, companies, and business sources.
Mass funeral in Bukavu for 26 children killed in DR Congo school blaze
Mass funeral in Bukavu for 26 children killed in DR Congo school blaze
Bukavu held a mass funeral on Monday, 14 September, for 26 children killed in a school fire and subsequent stampede three days earlier, as UNICEF and local authorities called for an investigation into the disaster.
Australia Tightens Oversight of A2MP-AFG Bank Talks Over CFA82 Billion Minim-Martap Loan
Australia Tightens Oversight of A2MP-AFG Bank Talks Over CFA82 Billion Minim-Martap Loan
Australia’s Takeovers Panel has tightened controls on communications between A2MP Investments and AFG Bank Cameroon over the CFA82 billion financing for the Minim-Martap bauxite project, amid concerns about A2MP’s overlapping roles in Canyon Resources and its takeover bid. The Panel, which handles disputes related to Australian takeovers, accepted undertakings on September 14, 2026 that restrict direct exchanges between A2MP and AFG Bank about Canyon’s financial position, the CFA82 billion loan and related guarantees. The restrictions address an unusual overlap of interests.…
One Month to Go: African Energy Week (AEW) 2026 Gears Up for Five Days of Deals, Dialogue and Energy Leadership
One Month to Go: African Energy Week (AEW) 2026 Gears Up for Five Days of Deals, Dialogue and Energy Leadership
The African Energy Week (AEW) ( ) 2026 Conference and Exhibition, Africa’s largest energy gathering taking place October 12-16, is preparing to bring the full spectrum of Africa’s energy industry to Cape Town. With just one month to go, the platform is gearing up to unlock a new wave of billion-dollar deals and energy partnerships, with over 400+ high-level speakers, 9,000+ delegates, five conference stages, targeted dealmaking and roundtable discussions positioning African energy at the forefront of international investment.…
Somalia: Training the Next Line of Defense: Sergeant Anthony Mutua Strengthens Security Capacity
Somalia: Training the Next Line of Defense: Sergeant Anthony Mutua Strengthens Security Capacity
In Peace Support Operations, leadership and training are essential for building capable and disciplined security forces. At the African Union Support and Stabilisation Mission in Somalia (AUSSOM) Sector 2, Sergeant Anthony Mutua is playing a key role in preparing troops and mentoring Somali security forces through training and instruction. Serving as a Senior Platoon Officer and Instructor under AUSSOM, Sgt Mutua brings over two decades of military experience to the mission. His responsibilities range from operational planning to troop preparedness and tactical instruction. “I have served the Kenya Defence Forces (KDF) for over 20 years,” he said.…
Uganda: Arua Hospital Runs on 23% Staffing Amid Rising Patient Pressure
Uganda: Arua Hospital Runs on 23% Staffing Amid Rising Patient Pressure
Arua Regional Referral Hospital is operating with only 23 percent of its approved staffing structure, a shortage its acting director says is constraining the hospital’s ability to provide services as demand continues to rise. The hospital’s acting director, Dr Gilbert Aniku, a senior paediatrician, made the disclosure when he appeared before the Public Accounts Committee of Parliament, chaired by Deputy Chairperson Sarah Lwansasula, to respond to audit queries for the financial year ended 2025 on Monday, 14 September 2026.…
Thales wins contract for new Nigerian satellite
Thales wins contract for new Nigerian satellite
Confirming Nigeria’s plans to expand its satellite resources, telecommunications and technology giant Thales Alenia Space says it has won a contract to build the NigComSat-2A geostationary telecommunications satellite.
President Delivers on First Overseas Commitment as Three Desalination Plants Are Handed Over to Seychelles
President Delivers on First Overseas Commitment as Three Desalination Plants Are Handed Over to Seychelles
President of the Republic of Seychelles, Dr Patrick Herminie, today witnessed the official handover of three containerised desalination plants donated by the Government of the United Arab Emirates (UAE), delivering a tangible outcome from his first overseas mission just days after taking office. The three plants will provide Seychelles with an additional 3,000 cubic metres of water-production capacity per day, strengthening the country’s ability to respond to water shortages and prolonged dry periods and providing greater resilience to the water supply system. The three containerised desalination plants are valued at approximately USD 2.5 million.…
Seychelles: State House Honours Its Women Housekeepers with Special Luncheon
Seychelles: State House Honours Its Women Housekeepers with Special Luncheon
State House hosted a special luncheon in honour of its women housekeeping staff, as part of activities marking Housekeeper Week, with President Patrick Herminie joining the 14 women to celebrate their contribution to the institution. The luncheon, held today, brought together the State House family in a gesture of gratitude for the housekeepers whose daily work keeps the presidential residence and offices running smoothly. In a touch that added warmth to the occasion, the tables were turned for the day: the women were served by their male coworkers from all departments, a small but symbolic gesture of appreciation and camaraderie.…
Bamboo app crashes under traffic surge as investors rush to access Dangote Refinery IPO
Bamboo app crashes under traffic surge as investors rush to access Dangote Refinery IPO
Investment platform Bamboo experienced login failures on Monday after a surge of users flooded the app to participate in the Dangote Refinery and Petrochemicals FZE public offer.
J.P. Morgan includes Nigeria in new emerging-market bond index with 7.4% weight
J.P. Morgan includes Nigeria in new emerging-market bond index with 7.4% weight
J.P. Morgan has included Nigeria in its newly introduced Government Bond Index–Emerging Markets Edge (GBI-EM Edge), assigning the country a 7.4% weighting in the benchmark designed to track local-currency government debt across frontier emerging markets.