African markets and business updates

Sudan’s military is rejecting accusations from Ethiopia that Khartoum is backing armed groups fighting government forces in the north, calling the claims “baseless.”

Ask how Nigeria’s power problem is going, and you will be handed a number: the megawatts the country generated last week, last month, last year. It is the wrong number to watch. The revealing figure is not how much electricity Nigeria produces, but how much its people pay to avoid needing the grid at all. […]

In a makeshift courtroom inside a police station in South Sudan’s largest camp for displaced families, a young woman stares into her lap. Her hands are clasped together; her fingers twitch nervously. A large open wound marks her right cheek. We learn it was inflicted by her husband, who is standing on the other side, behind the defence lawyer. He bit her and threatened to blind her in a fit of rage. Mary** (name changed), a mother of two, listens as the defence lawyer argues that Mary had failed to prepare food on time, suggesting that she had shirked her duties. On the other side, Nyawel Liah Diu, 28, clears her throat to speak.…

A multi-front offensive launched by the Tigray People's Liberation Front and its allies risks sparking a return to regional war. International Crisis Group (ICG) warns that Ethiopia is "slipping into renewed war" after rebel group the Tigray People's Liberation Front (TPLF) and its allies launched a coordinated offensive against the Ethiopian federal government. Large-scale ground fighting between the TPLF and government forces began last week, when the TPLF took over three Tigray airports that had been under federal control in Mekelle (pictured). TPLF forces also retook the major towns of Axum and Shire, replacing the federal police stationed with their own forces without a fight.…

The Tanzanian government, through the Ministry of Minerals, has announced plans to significantly increase the coverage of deep geophysical surveys from the current 16% to at least 50% of the country’s land area by 2030. This strategic initiative aims to enhance the mining sector’s contribution to the national economy and support sustainable mineral exploration. Speaking …

The ongoing Initial Public Offer (IPO) of Dangote Petroleum Refinery has surpassed the digital subscription levels achieved by the public offers of MTN Nigeria and GTCO within its first day, according to Chapel Hill Denham.

Zeta Brent Education (ZBE), an international education advisory firm, will bring representatives from international schools, sixth-form colleges and pathway providers into direct contact with Nigerian students and parents this October, as part of a programme designed to help families navigate an increasingly crowded field of international study options. The 2026 International Education & Future Pathways […]

As Nigerians subscribe to the Dangote Refinery offer from their smart devices, the systems connecting them to the capital market are facing one of their biggest tests yet. At about 9:15am on 14 September 2026, Tosin Onisuuru, a Lagos-based entrepreneur, opened the NGX Invest website and subscribed for shares in the Dangote Petroleum Refinery and […]

The Federal Government’s securitised Ways and Means debt declined by N613.34 billion in the second quarter of 2026, marking its first recorded reduction since the obligation was added to Nigeria’s public debt stock in 2023.

Newport has completed the deployment of M2INTELLIGENCE’s GVMS remote monitoring system across its fleet, giving shore-based teams direct access to live and recorded visual information from onboard operations. The fleet-wide rollout creates a common monitoring environment across Newport’s vessels. Shore teams can remotely follow activities in critical areas, review incidents and operational events, and use […] Newport has completed the deployment of M2INTELLIGENCE’s GVMS remote monitoring system across its fleet, giving shore-based teams direct access to live and recorded visual information from onboard operations.…