African markets and business updates

On June 2, ExxonMobil and NBA Africa ( www.Africa.NBA.com ) held an interactive STEM Showcase and a Jr. NBA clinic for 100 boys and girls ages 16 and under at the Instituto Politécnico Industrial de Luanda (IPIL) as part of the ongoing third season of the ExxonMobil Jr. NBA League in Angola. The third consecutive season officially tipped off in May, continuing growth of one of the NBA’s most expansive youth basketball development programs in the country…

Dark transits, secondary rate contagion, and a revived Houthi blockade are converging to produce a shipping crisis that no single chokepoint map can capture. This content is locked Select a CN Premium Subscription Package To Unlock The Content! Remember Me Lost your password? Don't have an account? Register

Historic buildings became giant digital canvases as Burundi hosted Africa’s first-ever AFRICA ON MAPPING Festival. Combining video projections, dance, poetry and technology, the event transformed Bujumbura into a hub of immersive artistic expression.

The Crown Estate will launch a competitive tender process for the Morgan Offshore Wind Farm project in the Irish Sea in July, with the winner to be announced in late 2026. This tender revives one of the UK’s largest consented offshore wind opportunities after development activity on the project stalled earlier this year, creating a […]

Engineering consultants have been engaged to advance a development study for a potential battery-grade nickel refinery in the southeastern United States, as Electra Battery Materials Corporation evaluates the technical and commercial feasibility of expanding its critical minerals processing portfolio. The study will assess technical design requirements, capital intensity, operating parameters, and potential development pathways […]

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…