African markets and business updates
Latest headlines from African markets, companies, and business sources.
African countries strengthen capacities to advance agricultural heritage systems
African countries strengthen capacities to advance agricultural heritage systems
Representatives from 16 African countries are gathered in Johannesburg for three days for the regional capacity-building workshop aimed at expanding the recognition and dynamic conservation of Africa’s agricultural heritage systems. The three-day Regional Capacity-Building Workshop on Globally Important Agricultural Heritage Systems in Africa, taking place from 28 to 30 September 2026, is organized by the Food and Agriculture Organization of the United Nations (FAO), through its Globally Important Agricultural Heritage Systems (GIAHS) Secretariat, with support from the FAO–China South-South and Triangular Cooperation (SSTC) Programme.…
$8bn Bab Gas Cap Project: UAE Gas Plant EPC Bid Race Widens Attracting Four Major Consortiums
$8bn Bab Gas Cap Project: UAE Gas Plant EPC Bid Race Widens Attracting Four Major Consortiums
Bab Gas Cap project enters a crucial construction phase as contractors compete for its $8 billion main plant package. The tender targets a major processing facility in Abu Dhabi’s Bab area, about 170 kilometers from the capital. The plant will support production from the Bab gas cap reservoirs and strengthen the UAE’s domestic gas supply. […]
Cameroon, AFD Identify New Urban Resilience Projects for Climate Financing
Cameroon, AFD Identify New Urban Resilience Projects for Climate Financing
The French Development Agency (AFD) is identifying new urban resilience projects in Cameroon that could qualify for financing from the agency and the Green Climate Fund. The work is being carried out alongside a review of about €120 million (CFAF78.7 billion) in existing urban development and sports programs across five regional capitals. The financing prospects were discussed during an AFD mission to Cameroon from September 21 to 25, 2026. The delegation met officials of the Ministry of Housing and Urban Development on September 24 as part of fieldwork to identify projects addressing urban growth, climate risks and territorial vulnerabilities.…
Truecaller says Nigerians can remove their numbers after privacy ruling
Truecaller says Nigerians can remove their numbers after privacy ruling
The response follows TechCabal’s earlier report, which examined the legal dispute over how Truecaller processes the phone numbers and names of people who have not signed up for its service. Truecaller has said any Nigerian can remove their phone number from its caller-identification service, following a Lagos High Court ruling that dismissed a privacy case brought by non-users of the platform. The company told TechCabal its unlisting tool allows people who do not use Truecaller to request removal of their number and associated caller identity from its active searchable database.…
Hapag-Lloyd revises Rhine low water surcharges
Hapag-Lloyd revises Rhine low water surcharges
Hapag-Lloyd will introduce revised low water surcharge levels for barge transport on the Rhine River from 1 November 2026. The surcharges will apply to import and export cargo until further notice. Rates depend on water levels recorded at the Kaub, Cologne, Duisburg-Ruhrort and Emmerich gauges. Hapag-Lloyd warned that deteriorating conditions could make barge transport operationally […] Hapag-Lloyd will introduce revised low water surcharge levels for barge transport on the Rhine River from 1 November 2026. The surcharges will apply to import and export cargo until further notice. Rates depend on water levels recorded at the Kaub, Cologne, Duisburg-Ruhrort and Emmerich gauges.…
CBN to Nigerians: Handle Naira with dignity
CBN to Nigerians: Handle Naira with dignity
KANO — The Central Bank of Nigeria, CBN, has urged Nigerians, particularly traders, to handle the naira with care, pride and dignity to prolong the lifespan of banknotes and reduce the cost of replacing soiled and mutilated currency. The Director, Currency Operations and Branch Management, Dr Adedeji Adetona, gave the advice on Monday during a […]
Kenya: Football Tournament Strengthens Community Ties
Kenya: Football Tournament Strengthens Community Ties
Sport continues to demonstrate its vital role in fostering trust, building resilience, and creating meaningful connections between security agencies and local communities. In Elwak Town, this spirit came to life when Kenya Defence Forces (KDF) troops, based at Elwak Base, organized and participated in a friendly football tournament involving fellow security personnel and local youth teams. The event brought together six teams: Elwak Airstrip Base, Elwak Old Camp, Elwak Chinese Camp, Elwak National Police Service (NPS), Elwak North Youth Football Team, and Elwak South Youth Football Team. The matches were competitive and entertaining, showcasing teamwork, discipline, and sporting spirit.…
UBEC to commence full implementation of 10-year education roadmap in October
UBEC to commence full implementation of 10-year education roadmap in October
The Universal Basic Education Commission (UBEC) will commence full implementation of its 10-Year Universal Basic Education (UBE) Roadmap, covering 2026–2035, in the first week of October.
DEWA Completes $2.7bn Refinancing for Noor Energy 1 Project, World’s Largest Single-Site CSP Plant
DEWA Completes $2.7bn Refinancing for Noor Energy 1 Project, World’s Largest Single-Site CSP Plant
DEWA has completed a $2.7 billion refinancing of Noor Energy 1, Dubai’s 950MW hybrid solar project. The plant is the largest single-site concentrated solar power (CSP) facility in the world, the utility said. Dubai Electricity and Water Authority said it has finished the deal before the deadline. Importantly, $2.7 billion is the refinancing amount, not […]