African markets and business updates

Environmental activists and conservationists staged a protest in Nairobi on Monday against plans to construct a parking facility inside Nairobi National Park.

Kawasaki Kisen Kaisha (“K” LINE) has decided to implement a new Electronic UMS (Unattended Machinery Space) Check System across its managed fleet following a series of operational trials conducted between 2024 and 2026. The company plans to begin phased deployment of the system around July 2026, aiming to reduce crew workload, enhance onboard safety and improve the use of operational data collected from vessels.…

MTN Group, Africa’s largest telecoms company, has launched MTN One TV , a streaming platform that gives the operator another shot at Africa’s video entertainment market nearly a decade after its South Africa-focused FrontRow service failed to gain traction. In a Monday statement, the company said MTN One TV will offer a mix of free-to-view, advertising-supported, pay-per-view, and subscription-based content models depending on local market conditions.…

Canada’s largest city will host six World Cup games, starting Friday when the host country’s team takes on Bosnia and Herzegovina

Despite a post-apartheid political economy spanning more than three decades, South Africa is lagging behind in its transformation crusade, given that Standard Bank and Nedbank have less than 1% black ownership and neither have concluded black economic empowerment (BEE) transactions for a decade. In significant findings laying bare the slow pace of transformation, respected economist Duma Gqubule has released the latest Black Ownership on the JSE Research Report…

In some cases, processing facilities are struggling to remain profitable amid growing global capacity and increasingly competitive markets.

The Africa Centres for Disease Control and Prevention (Africa CDC) ( www.AfricaCDC.org ) has welcomed a US$220.6 million emergency financing package from the Pandemic Fund to support efforts to contain the Bundibugyo Ebola outbreak and protect at-risk countries across Central and Eastern Africa. The financing will facilitate implementation of the joint Africa CDC–World Health Organization (WHO) Continental Strategic Preparedness and Response Plan…

The International Air Transport Association (IATA) has revised African airlines’ net profit forecast for 2026 to $100 million.

Shuttlers , the Nigerian shared mobility startup, has integrated its bus routes into Google Maps Transit, bringing its services to the navigation platform after completing more than 10 million trips since launching in 2016. The integration brings Shuttlers’ scheduled routes into Google Maps’ transit layer, allowing commuters to discover routes and book seats directly within Google Maps while navigating Nigeria’s major cities.…

Most financial accounts were built around a single assumption: that...