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African markets and business updates

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

INTERVIEW: Why I built free cybertools for British organisations – Nigeria’s Abdulsalam

Premium Times Nigeria · 08 Jun 2026 · 08:24

Mr Abdulsalam speaks candidly about the structural failures that leave small firms, NHS trusts, and civil society groups exposed.

Israel and Iran exchange fire for first time since April ceasefire

Africanews EN · 08 Jun 2026 · 08:21

Israel said Monday that Iran had launched missiles targeting it, hours after Israel launched airstrikes targeting central and western Iran in response to missile fire from Tehran. The exchange of strikes threatened to drag the wider Middle East back into a regional war.

South Africa's President Ramaphosa moves to diffuse anti-immigrant tensions in TV address

Africanews EN · 08 Jun 2026 · 08:19

South Africa's president promised Sunday to act on what he called concerns over illegal migration following a rise in anti-immigrant protests and sentiment in Africa's most advanced economy, with other nations claiming their citizens have been targeted in xenophobic attacks.

EU: DR Congo ceasefire a 'health emergency' given Ebola outbreak

Africanews EN · 08 Jun 2026 · 08:18

The European Union’s crisis commissioner Hadja Lahbib arrived in Bunia on Sunday, capital of Ituri province and the epicenter of eastern DR Congo’s ongoing Ebola outbreak. She urged a ceasefire in the conflict-hit region, calling it a "health emergency."

At least four killed as quake triggers tsunami in southern Philippines

Africanews EN · 08 Jun 2026 · 08:16

A powerful 7.8-magnitude earthquake struck off the southern Philippines on Monday, killing at least four people, injuring more than 200 and triggering a tsunami. Buildings were damaged, flights were canceled and authorities warned coastal residents to move to higher ground.

Kenya’s Calculate Fuel launches to help users work out cost of travel

Disrupt Africa · 08 Jun 2026 · 08:00

Kenyan startup Calculate Fuel has launched a platform that helps users estimate fuel costs before travelling. Founded earlier this year by Kevin Kihara, Calculate Fuel allows users to calculate trip fuel expenses based on route, vehicle type, fuel consumption, and fuel prices. Beyond calculations, the platform is building mobility intelligence tools using anonymised route and usage data to help understand transport behaviour, vehicle trends, and commonly used travel routes across Africa.…

Nigerian Journalist Launches Global Real Estate News Platform

Techpoint Africa · 08 Jun 2026 · 08:00

Nigerian realtor and journalist Alefia Friday James, based in Abuja,...

Africa Prudential, AIICO Insurance, C & I Leasing top stock pick this week

Premium Times Nigeria · 08 Jun 2026 · 07:01

This is not a buy, sell or hold recommendation but a stock investment guide. You may need to involve your financial advisor before taking investment decisions.

13,000 Hectare Wild Coast Conservation Property Comes to the Market in the Eastern Cape

Africa Energy Chamber · 08 Jun 2026 · 07:00

One of the largest privately held conservation properties in the Eastern Cape has been put up for sale. Tyityaba Nature Reserve, a proclaimed reserve covering roughly 13,000 hectares on the Wild Coast, has been listed at an indicative R145 million (about USD 8.9 million), according to the selling agent, Bass Property Group ( www.BassPropertyGroup.co.za ). The property sits about 18 kilometres inland from Kei Mouth. Its status as a gazetted proclaimed reserve, a designation under South African law…

Fuel shocks are putting African telcos at risk

Techpoint Africa · 08 Jun 2026 · 07:00

On Techpoint Digest, we discuss Africa's telecoms being hit by rising diesel costs, how TaxInfo is simplifying Nigeria's tax debate, and an American company betting big on Ghana's Ultranet.

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