African markets and business updates

Novonesis has completed a major expansion of its dairy culture manufacturing facility in West Allis, Wisconsin, increasing production capacity to serve growing demand for dairy products across North America. The expansion increased the facility’s fermentation capacity by approximately 66% and packaging capacity by 17%, according to an announcement Monday, September 28. The project also establishes […]

The UN General Assembly marked 25 years of the Durban Declaration on racism and racial discrimination with a high-level meeting in New York.

A planned $1.4 billion medical isotope production complex in Lea County, New Mexico, has advanced toward construction with state economic support and the selection of Kiewit Nuclear Solutions Co. as its engineering, procurement and construction (EPC) partner. Eden Radioisotopes is developing the project near Eunice as a purpose-built facility for producing medical isotopes used in […]

SpaceX’s Starship megarocket reached orbit for the first time on Monday, marking a major milestone in the company’s development of a reusable launch system for future missions to the Moon and Mars.

Maersk has revised its truck fuel surcharges in Greece, Cyprus and Skopje, effective 28 September 2026. The carrier attributed the adjustments to higher fuel costs linked to the current situation in the Middle East. The revised surcharge levels are: Location Truck fuel surcharge Greece 27.5% Skopje 27.5% Cyprus 17.5% The temporary measure will remain in […] Maersk has revised its truck fuel surcharges in Greece, Cyprus and Skopje, effective 28 September 2026. The carrier attributed the adjustments to higher fuel costs linked to the current situation in the Middle East.…

Trading activity on the Nigerian Exchange Limited (NGX) experienced a surge in liquidity on Monday, September 28, 2026, as total equity trading volume crossed the one-billion mark, reaching 1,024,773,814 shares exchanged across 61,661 deals.

In the DRC, Vally Amisi’s family is demanding answers. In Ethiopia, fears of renewed conflict are growing among the population, while Niger takes back control of its uranium sector.

Emergency crews gathered at the port of Calais after three migrants died trying to cross the English Channel to Britain. Two women in their thirties and a 10-year-old boy, believed to be Eritrean, died in what appears to have been a crush aboard an overcrowded dinghy.

Savannah Midstream Investment Limited (SMIL) is seeking more than $397 million, or about CFAF 228.6 billion including principal and interest, in arbitration before the International Chamber of Commerce (ICC) over its rights in Cameroon Oil Transportation Company (Cotco). Société Nationale des Hydrocarbures (SNH) is one of five respondents, alongside the Republic of Chad, SHT Overseas Petroleum (Cameroon) Limited, SHT Doba Pipeline Investment Inc. and Cotco. The claim includes about $330 million in principal, or nearly CFAF 190 billion, plus more than $67 million in interest, or at least CFAF 38.6 billion, as well as costs.…

Representatives from 16 African countries are gathered in Johannesburg for three days for the regional capacity-building workshop aimed at expanding the recognition and dynamic conservation of Africa’s agricultural heritage systems. The three-day Regional Capacity-Building Workshop on Globally Important Agricultural Heritage Systems in Africa, taking place from 28 to 30 September 2026, is organized by the Food and Agriculture Organization of the United Nations (FAO), through its Globally Important Agricultural Heritage Systems (GIAHS) Secretariat, with support from the FAO–China South-South and Triangular Cooperation (SSTC) Programme.…