African markets and business updates

In this edition of After Hours, Anthony Adejuwon talks about his journey from running a construction consultancy to founding Urban Alert, a civic tech organisation focused on transparency in Africa’s mining sector.

This is not a buy, sell or hold recommendation but a stock investment guide. You may need to involve your financial advisor before taking investment decisions.

The administration follows nearly three years of job cuts, financial pressure and multiple changes to Twiga’s business and corporate structure. Twiga Foods, one of Kenya’s most heavily funded startups, has entered administration after years of financial pressure and attempts to restructure its business. According to a gazette notice published on September 11, GT Flow Limited, formerly known as Twiga Foods One Limited, entered administration on August 17, with Mohamed Mohamed appointed as administrator. He has taken control of the company’s business, assets and affairs, while directors can no longer deal with company assets without his express permission.…

Flutterwave appears to have made an early decision. It does not need to issue the dominant stablecoin, own or integrate the dominant blockchain, or persuade businesses to adopt crypto. Its opportunity is to make several different forms of digital money usable inside the payment system it already operates, which is also potentially a much bigger—or at least much more useful—business. Beyond the obvious choice and the fluidity of money movement that attract Flutterwave, stablecoins could give the company a way to make its existing payment volume cheaper and easier to settle.…

SATRIX COLLECTIVE INVESTMENT SCHEME WHERE Satrix MSCI EMG Markets Feeder JSE Code: STXEMG Nsx Code: SXNEMG ISIN: ZAE000246633 Satrix EMG or STXEMG A portfolio in the Satrix Collective Investment Scheme, registered as such in terms of the Collective Investment Schemes Control Act, 45 of 2002. PARTIAL DELISTING Satrix […]

SATRIX COLLECTIVE INVESTMENT SCHEME Satrix S&P 500 Feeder JSE Code: STX500 Nsx Code: SXN500 ISIN: ZAE000246641 Satrix 500 or STX500 A portfolio in the Satrix Collective Investment Scheme, registered as such in terms of the Collective Investment Schemes Control Act, 45 of 2002. LISTING OF ADDITIONAL Satrix S&P […] SATRIX COLLECTIVE INVESTMENT SCHEME Satrix S&P 500 Feeder JSE Code: STX500 Nsx Code: SXN500 ISIN: ZAE000246641 Satrix 500 or STX500 A portfolio in the Satrix Collective Investment Scheme, registered as such in terms of the Collective Investment Schemes Control Act, 45 of 2002.…

Early-stage African startups are invited to apply for the SiGMA Pitch Startup Competition 2027, an international initiative that gives founders an opportunity to showcase their businesses to investors, venture capitalists, industry leaders and potential partners. The competition is part of the SiGMA Startup Village and will run across several international SiGMA summits in 2027, including [...] Early-stage African startups are invited to apply for the SiGMA Pitch Startup Competition 2027, an international initiative that gives founders an opportunity to showcase their businesses to investors, venture capitalists, industry leaders and potential partners.…

On Techpoint Digest, we discuss Cassava's $1 billion Egypt AI data centre, Côte d'Ivoire's first state data centre, Uber's promise that UberX drivers will not lose their jobs in South Africa, and the NCC's concern about masked calls.

The month-long share sale, which is out to sell 4.1 billion shares at N525 ($0.000013) per unit, will run through 13 October, with listing scheduled for November.

At a meeting in Abidjan on Sunday, the presidents of Guinea and Ivory Coast pledged to work towards diversifying and strengthening ties particularly in the economic, trade, political, security, and training sectors.