African markets and business updates

Following the completion of its 2025 audit, and in light of recent public statements concerning the cost of the MOWAA Institute and the extent of the Edo State Government’s support, the Museum of West African Art (MOWAA) has published its full 2025 annual report and audited financial statements, together with supporting information on what has […]

Bannerman Energy has successfully completed a major financing milestone with China’s CNNC Overseas Limited (CNOL), raising US$320.4 million to advance the Etango uranium project in Namibia ahead of a targeted final investment decision by the end of 2024. On 24 September, CNOL injected US$294.5 million into the Etango joint venture company, alongside an additional US$25.9 …

Eight listed consumer goods companies recorded a combined N70.1 billion in royalties, technical fees, licence fees and management charges in H1 2026, based on their financial statement disclosures.

The Swiss Re Foundation has opened applications for the 10th edition of its Entrepreneurs for Resilience 2027 (E4R27) programme, supporting ambitious social enterprises working to bring affordable, quality primary healthcare closer to underserved and low-income communities in LMICs. Together with partners Digital Connected Care Coalition (DCCC), AXA EssentiALL, Sanofi Global Health Unit Impact Fund, and [...] The Swiss Re Foundation has opened applications for the 10th edition of its Entrepreneurs for Resilience 2027 (E4R27) programme, supporting ambitious social enterprises working to bring affordable, quality primary healthcare closer to underserved and low-income communities in LMICs.…

Victor Kingombe died at an Ebola treatment centre in Kisangani, three months after Tshopo province first reported cases.

By Alice Ruhweza, President of AGRA, and Johan Swinnen, Director General of IFPRI Africa’s greatest asset is often said to be its young people, who are entering the labour market by the millions every year. But turning the promise of their energy, ambition, and talent into inclusive and sustainable development requires real opportunities for productive […]

Amazon has announced plans to invest more than $100 million in an advanced manufacturing facility in Greenwood, Indiana, where it will produce equipment for its fulfillment and robotics network across North America. The 585,000 square foot plant at 1175 Collins Road is expected to begin operations by 2028 and to employ 300 manufacturing and engineering […]

Nigerian startup Bloccpay is a global, stablecoin-powered payroll and invoicing platform that helps businesses automate payroll for distributed teams and make it easier for professionals in emerging markets to get paid, manage their income, and build a documented financial history. Founded by CEO Ajoke Asunmonu and CTO Jennifer Echenim in 2022, Bloccpay allows companies to [...]

Nigerian startup Bloccpay is a global, stablecoin-powered payroll and invoicing platform that helps businesses automate payroll for distributed teams and make it easier for professionals in emerging markets to get paid, manage their income, and build a documented financial history. Founded by CEO Ajoke Asunmonu and CTO Jennifer Echenim in 2022, Bloccpay allows companies to [...] Nigerian startup Bloccpay is a global, stablecoin-powered payroll and invoicing platform that helps businesses automate payroll for distributed teams and make it easier for professionals in emerging markets to get paid, manage their income, and build a documented financial history.…

In today's edition: South Africa wants automated VAT || Egypt wants real-time loan data || Egypt holds interest rate at 19% || Who secured the bag? 💰 In partnership with Lire en Français اقرأ هذا باللغة العربية Happy salary day and TGIF. Let’s talk about money. Do you want to buy shares in Dangote Refinery? How does the public share sale actually work, and what do you need to know before buying?…