African markets and business updates

The Finance Students Association of the University of Lagos (FINSA) is bringing back one of Nigeria’s most recognised student-led finance events. The Finance Symposium 5.0 is scheduled to be held on June 9, 2026, at the J.F. Ade Ajayi Auditorium, University of Lagos. Themed “Africa’s Financial Renaissance: Unlocking Potentials for Growth,” this year’s edition centres […]

MSC Mediterranean Shipping Company has revised its China–Australia and New Zealand network by restructuring its Wallaby service and shifting New Zealand coverage to a separate feeder connection, as reported by DynaLiners. Under the changes, MSC has removed New Zealand port calls from the Wallaby service to focus exclusively on Australia-bound cargo flows. As part of the restructuring, Auckland, Bluff, Lyttelton, Napier, Port Chalmers and Wellington have been removed from the Wallaby rotation.…

Several African economies are expected to maintain strong growth momentum in 2026, with countries projected to expand at rates well above the global average

Pope Leo XIV has praised Spain for its stance on Gaza, Iran, and Ukraine, and for welcoming migrants, at the start of a weeklong state visit that marks the first papal trip to the country in fifteen years.

Elon Musks’s SpaceX gets $30B Google computing deal

MTN Nigeria has been named Capital Market Company of the Year at the 2026 Nairametrics Capital Market Choice Awards, emerging as the biggest winner in one of the night's most prestigious categories.

Traders are facing significant losses after Uganda closed its border with the Democratic Republic of the Congo due to Ebola fears.

The Port of Osaka handled 180,600 TEUs of international container traffic in April. This represented a 0.5% year-on-year decline and marked the port’s first contraction in five months. Export volumes fell during the month. The port handled 83,371 TEUs of exports, down 2.9%. Imports performed better, rising 1.7% to 97,229 TEUs. Loaded container volumes remained stable overall. Osaka processed 126,778 loaded TEUs, up 0.1% year-on-year. Loaded exports increased 8.8% to 37,166 TEUs. Loaded imports declined 3.1% to 89…

With only a few days to go until the FIFA World Cup 2026 kicks off, AIPS ( www.AIPSMedia.com ) finds it unacceptable that many colleagues, who have been duly accredited by FIFA to cover the tournament, are facing varying degrees of US visa challenges. AIPS is calling on FIFA to intervene and ensure that the affected media representatives are not wrongfully denied entry into the USA. On Friday (June 5), the AIPS President Gianni Merlo, on behalf of the AIPS Executive Committee…