African markets and business updates

African Collaborations Group (ACG) ( www.ACGafrica.com ), a strategic project origination and collaboration platform focused on the industrialisation of sport in Africa through the origination of bankable sport and entertainment district ecosystems, today announced the appointment of Paulo Gomes to its Advisory Board. Mr Gomes is Founder, Chairman, & CEO of Constelor Investment Holdings, a pan-African investment management and strategic advisory firm, and Founder and Chairman of Orango Investment Corporation, a strategic advisory and investment platform dedicated to advancing Africa's investment agenda under the African Continental Free Trade Area (AfCFTA).…

African Collaborations Group (ACG) ( www.ACGafrica.com ), a strategic project origination and collaboration platform focused on the industrialisation of sport in Africa through the origination of bankable sport and entertainment district ecosystems, today announced the appointment of Paulo Gomes to its Advisory Board. Mr Gomes is Founder, Chairman, & CEO of Constelor Investment Holdings, a pan-African investment management and strategic advisory firm, and Founder and Chairman of Orango Investment Corporation, a strategic advisory and investment platform dedicated to advancing Africa's investment agenda under the African Continental Free Trade Area (AfCFTA).…

Emirates Holidays ( www.EmiratesHolidays.com ), the tour operating arm of Emirates Airline, has signed a Memorandum of Understanding (MoU) with the Kenya Association of Travel Agents (KATA), to stimulate outbound tourism to Dubai and key destinations across the Emirates global network. The partnership brings together Emirates Holidays’ portfolio of destinations, experiences and package holidays, with KATA’s network of more than 300 travel agencies across Kenya. It will provide travel professionals with enhanced access to product deep dives, destination insights and competitive promotional opportunities, enabling them to offer more choice and value to their customers.…

For a small business in Nigeria, securing a bank loan has long felt like trying to step through a moving doorway. Commercial banks mobilise deposits, and the Central Bank of Nigeria (CBN) urges them to extend credit, yet formal lending to small businesses remains low.

Dangote Group plans to spend about $50 billion in capital expenditure (capex) between 2026 and 2030, doubling the $25 billion it invested during the previous five-year period.

Today, President Abdel Fattah El-Sisi met with the CEO of AngloGold Ashanti, Alberto Calderon, on the sidelines of the opening of the Egypt Mining Forum 2026. The meeting was also attended by Prime Minister Dr. Moustafa Madbouly, Minister of Petroleum and Mineral Resources Eng. Karim Badawi, as well as the Chief of Corporate Affairs at AngloGold Ashanti, Stewart Bailey, and the President of AngloGold Ashanti Egypt, Hoda Ahmed El-Askalani.…

The Federal Government is seeking $1.5 billion in fresh financing from the World Bank through three proposed loans targeted at social protection, early childhood development and climate resilience.

Fighting in the north of Ethiopia continued to rage over the weekend, as rebels of the Tigray People's Liberation Front moved beyond Tigray. Human Rights Watch warned against a possible humanitarian crisis in an already troubled region.

By Nkiruka Nnorom & Marvellous Chukwunenye The planned upgrade of Nigeria’s manufacturing sector is at the heart of a new economic partnership between Nigeria and China, the outgoing Consul General of China in Lagos, Ms Yan Yuqing, has said. Yuqing disclosed this at a reception marking the 77th anniversary of the founding of the People’s […] By Nkiruka Nnorom & Marvellous Chukwunenye The planned upgrade of Nigeria’s manufacturing sector is at the heart of a new economic partnership between Nigeria and China, the outgoing Consul General of China in Lagos, Ms Yan Yuqing, has said.…

JINGDONG Property has signed an agreement with KEZAD Group to develop a 150,000-square-metre logistics facility in Abu Dhabi, expanding the company’s logistics infrastructure presence in the UAE. The facility will be built in KEZAD Area A – Al Ma’mourah and is expected to be delivered in 2028. It will combine warehousing with automated systems and […] JINGDONG Property has signed an agreement with KEZAD Group to develop a 150,000-square-metre logistics facility in Abu Dhabi, expanding the company’s logistics infrastructure presence in the UAE. The facility will be built in KEZAD Area A – Al Ma’mourah and is expected to be delivered in 2028.…