African markets and business updates

Aid teams trying to keep deadly Ebola disease from spreading in the Democratic Republic of the Congo (DRC) are increasingly concerned about ongoing fighting and violence that has forced thousands of people to flee a displacement camp in the vast, resource-rich east of the country. The latest alert follows reports of security incidents since 20 September linked to an uptick in families fleeing Kigonze displacement camp in Bunia, northeast Ituri province. According to reports, soldiers entered the site searching for weapons and people suspected of belonging to non-State armed groups. Gunshots were also heard.…

The Port Commission of the Port of Houston Authority convened its regular monthly meeting, advancing a range of initiatives spanning export development, workforce education, maritime infrastructure and Ship Channel planning. Chairman Ric Campo highlighted the recent launch of Export Houston, a three-part programme developed in partnership with the Greater Houston Partnership to help local businesses […] The Port Commission of the Port of Houston Authority convened its regular monthly meeting, advancing a range of initiatives spanning export development, workforce education, maritime infrastructure and Ship Channel planning.…

Growing partnership with al-Qaeda affiliate in Somalia gives Yemeni rebels a foothold on both sides of the Gulf of Aden

COSCO SHIPPING (Qidong) Offshore has delivered the 88,000-cbm CHANG PING YUAN, which China Classification Society (CCS) describes as the first domestically designed and built VLGC under the Chinese flag. The new vessel combines LPG dual-fuel propulsion with energy-saving technologies and intelligent ship systems. It has also been designed to carry ammonia, giving it greater flexibility […] COSCO SHIPPING (Qidong) Offshore has delivered the 88,000-cbm CHANG PING YUAN , which China Classification Society (CCS) describes as the first domestically designed and built VLGC under the Chinese flag.…

Port Otago and Napier Port have reached a major milestone in their joint dredging programme with the launch of a new Damen TSHD 1000 in Vietnam. The trailing suction hopper dredger was launched at Damen partner 189 Shipyard and is scheduled for delivery later this year. Once operational, it will provide dedicated harbour maintenance capacity […] Port Otago and Napier Port have reached a major milestone in their joint dredging programme with the launch of a new Damen TSHD 1000 in Vietnam. The trailing suction hopper dredger was launched at Damen partner 189 Shipyard and is scheduled for delivery later this year.…

By Babajide Komolafe DLM Capital Group, a prominent global development investment bank has successfully fulfilled its second principal and interest (coupon) payment obligation to investors under its N9 billion Sovereign Bond-Backed Composite Notes (SBCN) issued under the Group’s N30 billion Medium-Term Notes Programme listed on FMDQ Exchange. The company stated, “The second principal and interest […]

Pope Leo XIV ended his four-day visit to France in Metz on Monday by urging Europe to build on its Christian heritage and culture of dialogue rather than succumb to what he called the “desire for domination” behind many of today’s wars.

Guaranty Trust Holding Company Plc (GTCO) has released its H1 2026 results, reporting pre-tax profit of N603.03 billion for the period ended June 2026, representing a marginal 0.35% increase from N600.90 billion recorded in the corresponding period of 2025.

Port of Antwerp-Bruges began works in mid-September 2026 on the renewal of quays 231 and 239 and the reconfiguration of the intermediate inlet dock in the Hansa Dock. The project will deliver rehabilitated quay infrastructure and additional concession land to support future port activities, with works scheduled to run until the end of January 2028. […] Port of Antwerp-Bruges began works in mid-September 2026 on the renewal of quays 231 and 239 and the reconfiguration of the intermediate inlet dock in the Hansa Dock.…

The Port of Rotterdam Authority and Deltalinqs have welcomed the announcement by TenneT and Stedin that additional electricity grid capacity in Europoort can be accelerated through the installation of a temporary transformer with a capacity of 500 MW. The expansion is expected to allow many companies in the port area to bring forward their expansion […] The Port of Rotterdam Authority and Deltalinqs have welcomed the announcement by TenneT and Stedin that additional electricity grid capacity in Europoort can be accelerated through the installation of a temporary transformer with a capacity of 500 MW.…