African markets and business updates

Ghanaian startup Hyphine has built a client review and approval platform for freelancers, creative teams, and agencies, which takes a piece of work from first draft to final approval in one link. Founded earlier this year by Salih Abdulrahman, a graphic designer and creative professional, Hyphine is a visual collaboration platform and workspace that consolidates [...] Ghanaian startup Hyphine has built a client review and approval platform for freelancers, creative teams, and agencies, which takes a piece of work from first draft to final approval in one link.…

NuRAN Wireless revealed on Tuesday that telecoms infrastructure service provider Infratel has launched a pilot at a rural NuRAN site in Nigeria to evaluate Starlink’s LEO satellite service as a potential backhaul solution.

Ex-Seleka leader, Mahamat Said Abdel Kani, was found gulty on four counts of crimes against humanity, but acquitted of three.

Now is the time for coordinated investment in public interest media as an essential part of Africa's economic future.

By Babajide Komolafe Lagos State Governor, Mr. Babajide Sanwo-Olu, has called for increased capital and coordinated support from government, financial institutions, private equity firms and development partners to bridge the funding gap confronting women-led businesses in Nigeria. Sanwo-Olu, represented by the Commissioner for Agriculture and Food Systems, Ms. Abisola Olusanya, made the call at the […] By Babajide Komolafe Lagos State Governor, Mr. Babajide Sanwo-Olu, has called for increased capital and coordinated support from government, financial institutions, private equity firms and development partners to bridge the funding gap confronting women-led businesses in Nigeria.…

“The transfer shall take effect upon the completion of the transaction in accordance with the terms of the Business and Assets Transfer Agreement between the parties,” the statement noted.

The facility, funded by South Korea through KOICA, is expected to provide training, technology, incubation and other business support to entrepreneurs.

Bicec has lost a CFA16.4 billion damages claim in France tied to loans it extended to three Cameroonian cocoa and coffee operators, after an appeals court found that the bank had not sufficiently established that alleged commodity losses resulted from failures by the company responsible for monitoring stocks used to secure the financing. In a January 29, 2026 ruling, corrected on February 24, the Paris Court of Appeal rejected claims brought by Banque internationale du Cameroun pour l’épargne et le crédit (Bicec) against Unicontrol Commodity Cameroun (UCC), which monitored the stocks, and Katoen Natie-Commodities BV, which was jointly liable for the obligations of the third-party custodian.…

Cocoa farmers in Cameroon are receiving CFA150 to CFA200 less per kilogram than they were three weeks ago, but even the lowest price reported in the country remains more than twice the amount paid to producers in neighboring Côte d’Ivoire. Between August 31 and September 21, 2026, the minimum price paid in Cameroon’s cocoa-producing regions fell from CFA2,750 to CFA2,600 per kilogram, according to data compiled by the Sector Information System (SIF), a price-monitoring mechanism operated by the National Cocoa and Coffee Board (ONCC). At the upper end of the market, prices fell by CFA200, from CFA2,900 to CFA2,700 per kilogram over the same period.…

Mr Onakoya, however, said existing contractual agreements could delay the transmission of the lower policy rate to borrowers.