African markets and business updates
Latest headlines from African markets, companies, and business sources.
Zambia sets ambitious growth target of 7% over next 3 years
Zambia sets ambitious growth target of 7% over next 3 years
Zambia’s Finance Ministry announced plans to boost economic growth to an average of 7% annually through 2029, building on recent progress in debt restructuring and economic reforms. The government’s medium-term macroeconomic framework projects growth rates of 6.0% in 2027, 7.5% in 2028, and 7.1% in 2029. This follows the 6.4% growth forecast for 2026 outlined …
Vally Amisi family demands answers over extradition of main suspect
Vally Amisi family demands answers over extradition of main suspect
The case of Vally Amisi continues to stir strong emotions in Kinshasa, as his family calls for greater transparency over the extradition of the main suspect in his death.
Powering Mines: C&I Energy+Storage Zimbabwe tackles the power challenge behind mining growth
Powering Mines: C&I Energy+Storage Zimbabwe tackles the power challenge behind mining growth
Zimbabwe’s mining sector is entering a period of growing electricity demand, with the Chamber of Mines of Zimbabwe forecasting that consumption could rise from approximately 1,000MW today to more than 1,500MW within the next 12 months, driven by mine expansions and new mineral processing facilities. Within this context, VUKA Group is launching the C&I Energy + Storage Summit Zimbabwe on 17 November 2027, a dedicated pre-conference programme co-located with Zimbabwe Mining Week 2026 (17-19 November 2026) at the Rainbow Towers Hotel & Conference Centre in Harare.…
London’s Southwark Bridge turns into woolly parade at annual Sheep Drive charity event
London’s Southwark Bridge turns into woolly parade at annual Sheep Drive charity event
Sheep took over Southwark Bridge in London on Sunday, 27 September, as the city hosted its annual Woolmen’s Sheep Drive.
NIBSS spends N150 million monthly on power to keep Nigeria’s payments running
NIBSS spends N150 million monthly on power to keep Nigeria’s payments running
Nigeria Inter-Bank Settlement Systems (NIBSS) spends at least N150 million monthly on power to keep its operations running, with diesel accounting for about N100 million of the expenditure.
RobotPlusPlus Advances Industrial Maintenance with HighMate Series Demonstrated at SMM 2026
RobotPlusPlus Advances Industrial Maintenance with HighMate Series Demonstrated at SMM 2026
RobotPlusPlus (ROBOT++) ( ), an engineering-led developer of working-at-height robots, is extending automation across industrial maintenance with its HighMate Series for industrial cleaning and corrosion control, led by the HighMate AP-F-CO Coating Robot+VOC Recovery System. The systems, presented at SMM 2026 in Hamburg, cut workers' exposure to hazardous work at height while improving cleaning and surface-treatment efficiency and consistency. On ships, storage tanks, bridges, and other large steel structures, manual coating often struggles with harmful particles, high paint loss, and reliance on the painter’s skill. The HighMate AP-F-CO Coating Robot+VOC Recovery System handle exactly that.…
Atoms for AI: How Big Tech’s Demand for Data Centers Is Fueling Nuclear Power Renaissance the US
Atoms for AI: How Big Tech’s Demand for Data Centers Is Fueling Nuclear Power Renaissance the US
The explosive surge in artificial intelligence and cloud computing is forcing hyper-scale technology companies to confront a stark reality. This is simply because traditional electricity grids cannot keep up with their relentless demand for power. Modern data center campuses require vast amounts of electricity delivered around the clock without interruption. This therefore renders variable renewables […]
Dangote’s Kenya refinery to generate 1,000MW, double Lagos plant
Dangote’s Kenya refinery to generate 1,000MW, double Lagos plant
Dangote Group’s planned refinery in Lamu, Kenya, is expected to generate about 1,000 megawatts (MW) of electricity, twice the power-generation capacity of its refinery in Lagos.