African markets and business updates

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

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.

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…

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.

The Nigerian army said Sunday it freed 360 people abducted by Boko Haram in southern Borno, in the northeastern part of the country.

In partnership with Lire en Français اقرأ هذا باللغة العربية Welcome to another week. Stablecoins are becoming an important financial infrastructure for African fintechs. In today’s edition, we talk about why businesses are adopting them, Lesotho’s new deal, and Mr Price’s investments in tech and Europe. Let’s dive in. Get smarter about Francophone Africa with our newsletter, Francophone Weekly—the startups, tech policies, and institutions building the pipelines for ecosystem growth.…

Cascador, an Africa-focused platform for growth-stage founders building businesses with social impact, has deployed over US$5 million into seven innovative startups at its second annual pitch day. Disrupt Africa reported last March that Cascador had announced the launch of its Catalytic Fund, a US$2 million annual initiative providing tailored financial support to Cascador alumni companies. [...]

By Peter Egwuatu The Nigerian stock market reversed its upward trajectory last week with investors losing over N4.915 trillion of their investment listed on the Nigerian Exchange Limited, NGX. The development was driven by a sustained profit-taking move across major sectors. Consequently, the NGX market capitalisation, which represents the total value of stocks listed on the […]

The Japan Transport and Tourism Research Institute (JTTRI) has signed two memoranda of understanding in India to strengthen maritime research cooperation. The agreements were signed with the Indian Ports Association (IPA) and the Centre for Maritime Economy and Connectivity (CMEC). Both agreements cover research cooperation and joint projects over the next five years. JTTRI signed the MoUs last Friday as part of efforts to expand cooperation across South Asia.…