African markets and business updates
Latest headlines from African markets, companies, and business sources.
Kenya: Serving Through Every Drop
Kenya: Serving Through Every Drop
Every blood donation carries the potential to save a life. From medical emergencies and surgical procedures to accidents and other critical conditions, the timely availability of safe blood remains essential to effective healthcare and emergency response. Recognising this vital need, the Kenya Navy Hospital, in partnership with the Regional Blood Transfusion Centre (RBTC), is conducting a week-long blood donation drive across Kenya Defence Forces (KDF) units in Mombasa. The initiative seeks to strengthen blood reserves, support national transfusion requirements and enhance preparedness for medical emergencies.…
CMA CGM raises Asia to Latin America rates by USD 1,000 per container
CMA CGM raises Asia to Latin America rates by USD 1,000 per container
CMA CGM will increase freight rates from Asia to Latin America by US$1,000 per container. The increase will apply from 15 October 2026, based on the cargo’s loading date. The origin scope covers all Asian ports, including Japan, Southeast Asia and Bangladesh. The destination scope includes: West Coast South America East Coast South America West […] CMA CGM will increase freight rates from Asia to Latin America by US$1,000 per container. The increase will apply from 15 October 2026, based on the cargo’s loading date. The origin scope covers all Asian ports, including Japan, Southeast Asia and Bangladesh.…
Eritrea: World Tourism Day observed at national level
Eritrea: World Tourism Day observed at national level
World Tourism Day was observed at the Asmara Municipality Hall in Asmara at the national level under the theme “Digital Agenda and Artificial Intelligence: Redesigning the Future of Tourism.” At the event, in which Ms. Askalu Menkorios, Minister of Tourism, took part, Ms. Liya Gebreab, Director General of Tourism in the Central Region, said that, owing to existing impediments and hostilities, the tourism sector has not developed as desired and that intensive promotional activities are being carried out to develop the sector. She also called on tourism service-provision institutions to play their due role in the development of the sector. Mr.…
Eritrea: Minister Osman Saleh meets with officials from various countries
Eritrea: Minister Osman Saleh meets with officials from various countries
On the margins of the 81st United Nations General Assembly, the Eritrean delegation led by Mr. Osman Saleh, Minister of Foreign Affairs, held a series of meetings with the Ministers of Foreign Affairs of Algeria, Burkina Faso, Egypt, Sudan, Sweden, and Greece from 23 to 25 September, focusing on strengthening bilateral relations and cooperation, as well as on issues of mutual interest. The meeting with Mr. Ahmed Attaf, Minister of Foreign Affairs of the People’s Democratic Republic of Algeria, focused on peace and security in Africa, including security in the Red Sea and the Gulf of Aden.…
S.African women runners arm themselves after string of killings
S.African women runners arm themselves after string of killings
Before lacing up her running shoes, Nancy Masha checked the knife and pepper spray she carried to protect herself on her daily jog, a ritual born of fear after the murder of a fellow runner sent shock waves across South Africa
Guinness World Record: Nollywood film ‘Black Market’ debuts with 51,000 viewers in Lagos
Guinness World Record: Nollywood film ‘Black Market’ debuts with 51,000 viewers in Lagos
Nollywood crime thriller Black Market has set a Guinness World Record for the largest attendance at a film screening at a single venue, after 51,000 people watched the movie at Tafawa Balewa Square (TBS) in Lagos.
Cameroon Bananas: CFAF 31.6bn EU Support Lifted Output but Left Export Markets Undiversified
Cameroon Bananas: CFAF 31.6bn EU Support Lifted Output but Left Export Markets Undiversified
The European Union provided €48.1 million, or about CFAF 31.6 billion, to Cameroon’s banana industry between 2013 and 2024, helping producers improve yields, reduce losses and modernize part of their infrastructure. The support came as the erosion of tariff preferences increased competition from Latin American producers, according to the final external evaluation of the Banana Accompanying Measures Program reviewed by Business in Cameroon . The threat the program was meant to address had already been identified before its launch. In an action document adopted in 2012, the European Commission said the industry’s survival depended on increased investment.…
Arkas and EMES add Valencia to SMS service
Arkas and EMES add Valencia to SMS service
Arkas Line and affiliated carrier EMES have added Valencia to their Spain Morocco Service. According to DynaLiners, the SMS loop is operated by a single 1,400 TEU container ship. The revised rotation is: Valencia – Algeciras – Casablanca – Valencia The additional call expands the service’s coverage in Spain while maintaining its connection with Casablanca […] Arkas Line and affiliated carrier EMES have added Valencia to their Spain Morocco Service. According to DynaLiners, the SMS loop is operated by a single 1,400 TEU container ship.…
Ebola: Sharp jump in cases in North Kivu while outbreak slows in Ituri
Ebola: Sharp jump in cases in North Kivu while outbreak slows in Ituri
Cases fell 26% this month in Ituri province, which has until now been the epicenter of the outbreak. But North Kivu, which neighbors Ituri, saw a worrying 73% increase over that same period
Lagardère Reports CFAF 1.27bn in Loans and Advances to Cameroon Duty-Free Unit at End-2025
Lagardère Reports CFAF 1.27bn in Loans and Advances to Cameroon Duty-Free Unit at End-2025
Lagardère Travel Retail (LTR) had €1.941 million, or about CFAF 1.27 billion, in outstanding loans and advances made to LTR Cameroun as of December 31, 2025. The amount is disclosed in the subsidiaries and investments table accompanying the French company’s 2025 statutory accounts. Lagardère Travel Retail owns 100% of its Cameroon subsidiary. The figure gives a clearer picture of the financing Lagardère provided during its first year of operations in Cameroon. The company began operating at Douala and Yaoundé-Nsimalen airports in April 2025, with five stores and an announced investment of more than CFAF 3 billion.…