African markets and business updates

More than 55,000 Sudanese refugees have crossed into eastern Chad since the start of the year, the United Nations said Friday, warning that the displacement was accelerating even as aid funding falls far short

The Bank of Central African States (BEAC) has raised its weekly liquidity offer to commercial banks to a record CFA850 billion after weeks of exceptionally strong demand for central bank funding across the six-country Central African Economic and Monetary Community (CEMAC). During its September 22, 2026 liquidity injection, the central bank offered CFA850 billion to lenders, the highest amount since these operations began. The BEAC serves Cameroon, Congo, Gabon, Equatorial Guinea, Chad and the Central African Republic. Commercial banks ultimately took CFA748.2 billion, equivalent to a subscription rate of just over 88%.…

The Black Music Action Coalition honored rap artists Common and Public Enemy at their 6th annual BMAC Gala Thursday.

Maersk has confirmed an order for 26 LNG-fuelled container ships, each with a capacity of 18,600 TEU. According to DynaLiners, the agreement follows earlier market speculation that the Danish carrier was considering up to 42 new vessels with capacities ranging from 18,000 to 24,000 TEU. The confirmed order will add approximately 484,000 TEU of capacity. […] Maersk has confirmed an order for 26 LNG-fuelled container ships, each with a capacity of 18,600 TEU. According to DynaLiners, the agreement follows earlier market speculation that the Danish carrier was considering up to 42 new vessels with capacities ranging from 18,000 to 24,000 TEU.…

Monetary Policy Statement- 25 Sept 2026 Loading… Taking too long? Reload document | Open in new tab Download [572.80 KB]

Jean Gakam, chairman of Afriland First Bank Côte d’Ivoire, and Claude Le Cœur Massoh Ndong, CEO of Sky Motors Company, have entered Cameroon’s logistics business together with the creation of Sky Logistics SARL in Douala. The company was incorporated on August 28, 2026 with CFA5 million in share capital, according to the deed received by Douala-Ndokoti notary Gisèle Enguèle Dipanda and reviewed by Business in Cameroon . Gakam and Massoh Ndong were appointed co-managers for an indefinite period. Based in Yassa, in Douala III, Sky Logistics lists freight forwarding, logistics and transportation among its business activities. The company was incorporated for a period of 99 years.…

China Railway 20th Bureau Group Corporation (CR20) has been barred from African Development Bank (AfDB) financed operations for 13 months after an investigation found that the Chinese company engaged in a “fraudulent practice” under the first phase of Cameroon’s Transport Sector Support Program, which includes work on the Batchenga-Ntui-Yoko-Lena road corridor. The AfDB announced the sanction on September 24, 2026. During the 13-month period, CR20 and its subsidiaries cannot participate in tenders or receive contracts financed by the AfDB Group. Their return to AfDB-financed operations will depend on the satisfactory completion of an integrity compliance program.…

On AI, Trump and Xi signalled differing approaches, with Xi stressing that the technology should remain under human control.

The Central Bank of Nigeria (CBN) allotted approximately N8.14 trillion across eight Nigerian Treasury Bills (NTB) auctions between July and September 2026, about 40.34% more than the N5.8 trillion targeted for the third quarter (Q3).

Cameroon is stepping up preparations to keep its cocoa exports compliant with European Union market requirements. The push comes ahead of the December 30, 2026 application of the bloc’s deforestation regulation and includes work on legality, due diligence, sustainable production and support for producers. The preparations were discussed during a September 22 meeting in Yaounde between Trade Minister Luc Magloire Mbarga Atangana and Christophe Van Orshoven, Director of Value Chains at the European Forest Institute (EFI), according to information published by the Ministry of Trade.…