African markets and business updates

Tunisia's summer this year was its hottest on record, the country's weather authority said Tuesday, following multiple heatwaves, water shortages and power cuts

Société Anonyme des Boissons du Cameroun (SABC) generated CFA483.2 billion (€736.664 million) in revenue and CFA50.6 billion (€77.072 million) in net profit in 2025, giving the Cameroon brewer the highest revenue among 10 African subsidiaries individually detailed in the accounts of Brasseries et Glacières Internationales (BGI). BGI, which owns 84.12% of SABC, disclosed the figures in its 2025 financial statements, audited by PricewaterhouseCoopers Audit. At the end of 2025, SABC had CFA240.5 billion (€366.605 million) in shareholders’ equity. BGI carried its 84.12% stake in the company at a book value of nearly CFA104.5 billion (€159.347 million).…

The Institute of forensic fraud investigators argued that ICAN cannot offer a “Certification Programme culminating in the award of Certified Forensic Accountant of Nigeria (CFAN).”

Investec Limited Investec plc Incorporated in the Republic of South Africa Incorporated in England and Wales Registration number 1925/002833/06 Registration number 3633621 JSE share code: INL LSE share code: INVP JSE hybrid code: INPR […]

Letshego Holdings Namibia Limited Incorporated in the Republic of Namibia (Registration Number 2016/0145) ISIN: NA000A2DVV41 Share Code (NSX): LHN (“LHN”, or “the Company”) CHANGE TO THE BOARD – APPOINTMENT OF DIRECTOR The Company, in accordance with Rule 3.59 of the NSX Listing Requirements, is pleased to announce […]

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has warned petrol station operators nationwide that persistent or serious cases of under-dispensing could lead to sanctions, including revocation of their licences.

The Federal Government’s decision not to increase electricity tariffs in the immediate term could leave Nigeria’s electricity market facing a persistent revenue shortfall, as DisCos have limited scope to raise collections through higher tariffs while the cost of supplying electricity continues to exceed revenue recovered from consumers.

The inaugural Alamein Africa Forum will take place from October 2-4 in the historic city of Alamein on Egypt's Mediterranean coast in parallel with the 2026 African Union mid-year summit. Established in response to a mandate from the African Union, which called for a permanent African Business Forum to convene biennially in Egypt, the inaugural edition will bring together Heads of State and official delegations as well as some key actors in business and finance. The forum is to become the continent's premier gathering where political power meets entrepreneurial prowess, bridging the established engines of African growth with the new sectors defining its future.…

Jeddah Airport Development & Operating Company (Jedco) is outlining the next major expansion phase of King Abdulaziz International Airport (KAIA), planning to bring six large contractor opportunities to market between 2026 and 2028. The multiyear expansion program is therefore a strategic investment in Jeddah’s status as one of the main entry points for pilgrims to […]

Five major international contractors are bidding for five major station developments in Morocco’s high-speed rail expansion project, which is part of the country’s $10.1 billion national railway program. The Kenitra-Marrakech corridor project is therefore a huge construction opportunity of 430 km. The contractors are focusing on the stations of LGV Ville Verte de Benguerir, RER […]