African markets and business updates

MSC is restructuring its intra-Australasia network by separating the existing Noumea Express into two services and revising its Southern Loop, according to Alphaliner. The current Noumea Express connects Australia, New Caledonia, Fiji and New Zealand through the following rotation: Sydney – Brisbane – Noumea – Lautoka – Suva – Tauranga – Sydney MSC will replace […] MSC is restructuring its intra-Australasia network by separating the existing Noumea Express into two services and revising its Southern Loop, according to Alphaliner.…

The Dinner was hosted mainly to generate funds for support toward the strengthening the capacity of the National Football Team as it prepares to participate in the upcoming African Cup of Nations Tournament 2027. It was also in recognition of the players’ commitment, sacrifice, discipline, and performance. The Government of Liberia through the Ministry of Youth and Sports, has made a significant improvement in the financial allotment towards players. Increment in appearance fees for players has been upped from 1,000 USD to 2,500 USD, while the winning bonuses has similarly been increased from 1,000 USD to 2,500 USD.…

Nigeria’s President Bola Tinubu has called for deeper cooperation with BRICS countries in artificial intelligence, digital public infrastructure, fintech, telecommunications, critical minerals and advanced manufacturing, as the Federal Government seeks to attract investment and accelerate economic transformation.

Nigeria’s capital market is about to witness one of the most significant transactions in its history. The planned Initial Public Offering (“IPO”) of Dangote Petroleum Refinery and Petrochemicals FZE (“DPRP” or “Dangote Refinery”) brings to the Nigerian Exchange an enterprise that sits at the intersection of energy, manufacturing, trade and industrial development, while opening a […]

For millions of Nigerian businesses, the problem may not be that they have nothing to prove their creditworthiness. It may be that lenders have historically been looking for the wrong proof. For decades, if you’re talking about small-business loans in Nigeria, the discussion pretty much starts with the wrong question: “What do you own that […]

Nigeria’s largest listed companies are led by executives who have spent varying lengths of time at the helm, with some CEOs and managing directors staying in their positions for more than a decade and, in one case, about 25 years.

The Port of Klaipėda has deployed a new smart buoy in the Baltic Sea to improve navigation safety and vessel traffic management. The buoy is located four nautical miles from the port entrance. It collects real-time navigation and weather data. Buoy monitors GPS interference The system measures wave height, direction and period. It also monitors […] The Port of Klaipėda has deployed a new smart buoy in the Baltic Sea to improve navigation safety and vessel traffic management. The buoy is located four nautical miles from the port entrance. It collects real-time navigation and weather data. Buoy monitors GPS interference The system measures wave height, direction and period.…

Nigeria’s headline inflation rate is expected to remain elevated in August despite recording two consecutive months of disinflation, with analysts projecting the rate between 15.3% and 15.94%.

The National Drug Law Enforcement Agency (NDLEA) has intercepted multiple shipments of synthetic cannabis, popularly known as Colorado or Colos, concealed in cargoes arriving from the United Kingdom, while also recovering illicit drugs hidden inside music speakers and loaves of bread.

The Federal Government is returning to one of its most frequently issued bonds as it looks to raise another N1 trillion from investors on Monday, September 14.