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African markets and business updates

Latest headlines from African markets, companies, and business sources.

Far East–India partnership reshaped as carriers split joint service

Container News · 07 Jun 2026 · 13:27

*]:pointer-events-auto R6Vx5W_threadScrollVars scroll-mb-[calc(var(--scroll-root-safe-area-inset-bottom,0px)+var(--thread-response-height))] scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" dir="auto"> The joint Far East–India service operated by Emirates, Evergreen, Gold Star and KMTC is set for restructuring, with the current cooperation model being split into two separate service arrangements, according to Alphaliner. Under the changes…

Nigerian Army rescues 360 hostages from Boko Haram stronghold in Borno

Nairametrics · 07 Jun 2026 · 12:54

The Nigerian Army says its troops have rescued 360 kidnapped victims from a Boko Haram stronghold in the Mandara Mountains area of southern Borno State.

River Gee Technical College Celebrates First Graduates: A New Workforce for Liberia's Future

Liberia - Ministry of Finance and Development Planning · 07 Jun 2026 · 12:51

River Gee County - In a historic ceremony marking a turning point for technical education in River Gee County, Deputy Minister for Budget and Development Planning, Hon. Tanneh G. Brunson, has hailed the innaugural graduates of River Gee Technical College to see themselves as "problem-solvers, role models, and contributors to national growth."

China–South Africa service network reshaped after Evergreen and PIL exit

Container News · 07 Jun 2026 · 11:30

The China–South Africa service structure involving five carriers and two service loops is set for significant changes following the launch of the SAF and UBX services by Evergreen and PIL, according to Alphaliner. The existing network, previously involving Cosco Shipping Lines, Gold Star, ONE, Evergreen and PIL, is expected to continue without Evergreen and likely without PIL, leaving the remaining partners to revise service coverage across the trade lane. Under the changes…

Liberia: President Boakai Oversees Signing of US$125 Million in World Bank Financing Agreements for Digital Connectivity, Renewable Energy, and Road Infrastructure

Africa Energy Chamber · 07 Jun 2026 · 10:49

The signing ceremony took place at the Mount Coffee Hydropower Complex shortly after President Boakai officially switched on the newly completed 20-megawatt solar photovoltaic power plant, a landmark achievement in Liberia’s efforts to expand access to clean and reliable energy. The agreements cover three key initiatives: the Western Africa Regional Digital Integration Program (WARDIP 2), the Regional Emergency Solar Power Intervention Project (RESPITE) Additional Financing…

Dangote’s Nigeria gamble succeeds as wealth reaches $37 billion

Nairametrics · 07 Jun 2026 · 10:20

Aliko Dangote's net worth has risen to a historic $36.7 billion, according to real-time Bloomberg data.

Pope visits Madrid welfare center, meets homeless and highlights against prejudice

Africanews EN · 07 Jun 2026 · 09:56

Pope Leo XIV visited a welfare center run by the Caritas charity in a deprived area of Madrid on Saturday.

Japa: 10 countries making it easier for Nigerians to relocate in 2026

Nairametrics · 07 Jun 2026 · 08:58

In this article, Nairametrics highlights 10 countries that announced immigration, visa, or travel reforms in the first half of 2026 that could make it easier for Nigerians to travel, work, relocate, or secure long-term residency opportunities.

Nigeria’s domestic air passenger traffic hits 13.09 million in 2025 – FAAN

Nairametrics · 07 Jun 2026 · 08:51

Nigeria’s domestic air passenger traffic hit 13.09 million in 2025, reflecting steady growth in local air travel demand across the country.

President Mahama explores Belarus’ agro-industrial hub; seeks partnerships to boost Ghana’s food security

Africa Energy Chamber · 07 Jun 2026 · 08:50

On the second day of his state visit to Belarus, President John Dramani Mahama visited the industrial city of Brest to explore opportunities for transforming Ghana’s agricultural sector. The President, who was received by the Governor of Brest, Piotr Alexsandrovich Parkhomchik, and senior officials from the Belarusian Foreign Ministry, toured one of the country’s largest agro-processing facilities. The visit focused on the plant’s advanced technology in dairy production, including baby food, milk, cheese…

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