African markets and business updates

Ms. Tekea Tesfamicael, President of the National Union of Eritrean Women, conducted a seminar for female members of the Eritrean Defense Forces focusing on the “Role of Eritrean Women in Resilience and Development.” At the seminar, conducted today, 15 May, at Denden Camp, Ms. Tekea noted that the EPLF exerted strong efforts to realize equality through practice and carried out extensive awareness and organizational activities. As a result…

Ghana’s ECF-supported economic program has delivered substantial stabilization gains driven by strong reform efforts and significant progress in public debt restructuring, leading to sharply lower inflation, higher external buffers, improved confidence in the cedi, and marked debt sustainability gains. As stability takes hold, IMF engagement is shifting beyond the ECF toward reform-focused PCI. Discussions combined the 2026 Article IV consultation, final ECF review…

Cross Switch ( ), the payment technology company driving digital transactions across emerging markets, has appointed four senior leaders since the turn of the year. Together, these arrivals deepen the company’s capabilities across technology, operations and regional growth. The appointments span the executive team and two key regional markets. Jacob Yermalitski, a co-founder, has been promoted to Chief Technology Officer, and Jerome Alfred has joined as Chief Operating Officer, based in Cape Town.…

To address the high burden of tuberculosis (TB) in the country, the Government of the Kingdom of Lesotho officially launched its National TB Parliamentary Caucus in a high-level event held on Friday, 8 May 2026, in Maseru. The launch was led by the Rt Hon. Speaker of the National Assembly, Tlohang Sekhamane, and attended by the Minister of Health, Hon. ‘Mamokete Ntšekhe, the Global TB Caucus Chairperson, Rt Hon Lord Nick, parliamentarians, heads of diplomatic missions, the Head of TB Caucus in Africa…

The Chairperson of the African Union Commission, H.E. Mahmoud Ali Youssouf, has appointed H.E. Olusegun Obasanjo, former President of the Federal Republic of Nigeria, to support AU Commission’s efforts towards peace and stability in the Horn of Africa, Announcing the appointment, the AUC Chairperson stated: “President Obasanjo brings unparalleled experience, wisdom, and credibility to this important assignment”. In this capacity…

France announced wide ranging commitments at the Africa Forward Summit in Nairobi, in what Macron described as a "partnership of equals."

Burhan and Sisi stick to hardline pact in face of refugee crisis

Hichilema's government ramps up pipeline plans

Haftar's son Okba seeks to build a cyber security profile

How President Touadéra sidelined nephew Évariste Ngamana in National Assembly