African markets and business updates

A US mining company is using artificial intelligence to search for critical minerals in the Democratic Republic of Congo.

The Central Bank of Nigeria (CBN) has identified about 40 million Nigerians living with disabilities as an underserved segment of the financial system that could present new opportunities for fintech companies.

By May, the restructuring had also made several roles redundant; it affected Lisk blockchain’s regional leads and business development teams as the company pulled back from blockchain expansion. On October 31, Lisk, the Swiss-based Web3 infrastructure company, will shut down its blockchain network and move what remains of its products and developers to Celo, a rival network. A blockchain is the infrastructure that enables digital assets, such as cryptocurrencies and stablecoins, to be transferred between users without relying on a conventional bank or payment processor.…

Nigeria and the United States on Wednesday signed a framework agreement to "deepen American investment" in the West African's country mining sector. Nigeria says its mineral resources are worth $700 billion.

Niger authorities said Wednesday they have signed a new agreement with the Madaouela Mining Company, which is 60% owned by the Australian Atomic Eagle group, to relaunch a uranium mining project in the north of the country.

Nigerian fintech Grey has opened a new payment corridor into Cameroon, allowing users to send CFA francs directly to MTN Mobile Money and Orange Money wallets from balances held in dollars, euros or British pounds. The company announced the service in a September 7, 2026 update. Grey converts the funds into CFA francs when the transfer takes place. The fintech has extended the same service to Rwanda, Senegal and Côte d’Ivoire. In Cameroon, Grey charges $1.80 per transaction and says transfers are completed “almost instantly.” Users can send between CFA500 and CFA400,000 in a single transaction.…

Africa’s energy investment gap is increasingly being addressed through a broader pool of African financial institutions, regional lenders and private investors. With the continent’s energy finance gap estimated at between US$31 billion and US$50 billion, the ability to turn available capital into bankable projects is becoming a central issue for governments and developers. African Energy …

The announcement comes after Macklemore was removed from Ed Sheeran’s Loop Tour, following his public pro-Palestinian comments on stage

Camalco invested CFA347.45 million in TBPD, which diluted the existing shareholders’ combined stake to 57.2%. The Canyon Resources subsidiary received newly issued shares rather than buying shares from existing investors. Camalco now owns stakes in both TBPD and Camrail, two companies involved in the planned Minim-Martap bauxite transport chain. Camalco Cameroon has taken a 42.8% stake in the Douala Port Timber Terminal (TBPD), giving the Canyon Resources subsidiary a position in another part of the logistics network planned to move Minim-Martap bauxite from northern Cameroon to the coast. The transaction reduced the combined stake of TBPD’s existing shareholders to 57.2% from 100%.…

From helping graduates build livelihoods to making payments easier for major businesses, OPay’s eight-year journey is reflected in the everyday stories of Nigerians who rely on its solutions. At a busy market in Sokoto, a customer walks up to an agent, makes a transfer and waits for confirmation. For Alhaji Ibrahim Alabi, moments like this […]