African markets and business updates

Latest headlines from African markets, companies, and business sources.

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Why cheap land won’t make Lagos, Abuja homes affordable—Developer

Nairametrics · 13 Sep 2026 · 15:16

Cheap land on the outskirts of Lagos and Abuja will not necessarily translate to affordable homes because developers still have to absorb infrastructure, construction and financing costs, according to Michael Onyeachor, co-founder of Besitz Group Limited.

Explainer: Washington’s fastest path to fleet capacity runs through Korea

Container News · 13 Sep 2026 · 15:00

Acting Secretary’s of the Navy visit is the latest data point in a policy convergence that has been building for eighteen months, and it points toward the most significant foreign role in US naval shipbuilding in generations. The starting condition is a crisis the administration itself has now put in writing. Acting Secretary’s of the Navy visit is the latest data point in a policy convergence that has been building for eighteen months, and it points toward the most significant foreign role in US naval shipbuilding in generations. The starting condition is a crisis the administration itself has now put in writing.…

Kenya: Meeting Community Needs, Building Lasting Trust

Africa Energy Chamber · 13 Sep 2026 · 14:48

Access to basic healthcare and clean water remains vital to the wellbeing and resilience of communities facing persistent shortages. Addressing these essential needs not only provides immediate relief but also strengthens cooperation, trust and relationships between security forces and the communities they serve. Kenya Defence Forces (KDF) personnel from Hoosingo area serving under the African Union Support and Stabilization Mission in Somalia (AUSSOM), conducted a Key Leadership Engagement (KLE) and Civil-Military Cooperation (CIMIC) activity in Hoosingo Town aimed at addressing priority community needs while strengthening relations with the local population.…

CPPE warns against return to petrol subsidy, proposes targeted relief

Premium Times Nigeria · 13 Sep 2026 · 14:48

CPPE's position comes amid renewed calls for a return to fuel subsidy, including a pledge by former Vice-President Atiku Abubakar to restore a targeted petrol subsidy if elected in 2027.

Pope Leo XIV prays for victims of 9/11 attacks and for peace

Africanews EN · 13 Sep 2026 · 14:36

Pope Leo XIV called for a renewed commitment to peace on Sunday as he marked the 25th anniversary of the September 11 attacks on his home country.

Kenya: Strengthening Bonds Through Civil-Military Cooperation (CIMIC)

Africa Energy Chamber · 13 Sep 2026 · 14:34

Civil-Military Cooperation (CIMIC) remains an important pillar in strengthening trust, building community resilience and addressing the immediate needs of populations within operational areas. By fostering constructive engagement between security forces and local communities, CIMIC initiatives complement security operations while creating an environment in which social and economic activities can thrive. Kenya Defence Forces (KDF) personnel from Elwak area conducted a humanitarian outreach at Sukela Bima Village in El-Adi Sub-location, Elwak Location, aimed at supporting vulnerable residents and strengthening relations with the local community.…

Petrol rises above N1,400/litre as crude oil climbs past $100 per barrel

Nairametrics · 13 Sep 2026 · 14:13

Petrol prices have increased across major Nigerian cities, with retail outlets now selling Premium Motor Spirit (PMS) between N1,400 and N1,450 per litre.

Next Wave: The antifragile startup

TechCabal · 13 Sep 2026 · 14:11

A startup does not always know which part of its business will work best or which market will become difficult. Cet article est aussi disponible en français In partnership with --> Published September 13, 2026 The antifragile startup Image Source: Startup Magazine Last month, I read Antifragile by the mathematical statistician Nassim Nicholas Taleb, and I have been thinking about it ever since, which is not necessarily a recommendation, as Taleb has a habit of taking a simple idea, attacking everyone who disagrees with it, and then spending several hundred pages proving why he is right.…

UK: Anti-immigrant and anti-racism protesters face off in Portsmouth

Africanews EN · 13 Sep 2026 · 14:02

Anti-immigration protesters gathered in the English city of Portsmouth on Saturday. The protesters gathered outside Portsmouth Guildhall for the South Coast Patriots march. Counter-protesters led by Stand Up to Racism were also present, as police separated the two demonstrations.

Thousands forced to flee as Houthis advance on Bab el-Mandeb Strait

Africanews EN · 13 Sep 2026 · 13:35

Tens of thousands of people have been displaced across Yemen in recent days, fleeing the advance of Iran-backed Houthi rebels. Some 1,400 people escaped across the Gulf of Aden to Djibouti, in the Horn of Africa.

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