African markets and business updates
Latest headlines from African markets, companies, and business sources.
Koryx Copper Completes PFS Drill Program
Koryx Copper Completes PFS Drill Program
KORYX COPPER S.A. INCORPORATED IN THE GRAND DUCHY OF LUXEMBOURG REGISTRATION NUMBER: B304183 ISIN: LU3306723589 TSX SHARE CODE: KRY NSX SHARE CODE: KYX KORYX COPPER COMPLETES PFS DRILL PROGRAM, ANNOUNCES FURTHER POSITIVE INFILL DRILL RESULTS AT THE HAIB COPPER PROJECT IN SOUTHERN NAMIBIA Highlights • Assay results reported for […]
BME advances mine safety through practical operator training
BME advances mine safety through practical operator training
Recognising that technology alone cannot deliver safer, more productive underground mining operations, BME, an Omnia Holdings company, has developed its Portable Training Unit to bridge the gap between theoretical learning and practical application. The realistic, hands-on training platform enables mining companies to build workforce competency, improve safety, protect production assets and strengthen operational performance, without …
Ruto pushes for global finance reforms at summit for multilateralism
Ruto pushes for global finance reforms at summit for multilateralism
The meeting discussed how conflicts as well as emerging global challenges such as climate change and artificial intelligence are increasing pressure on multilateralism
Kenya: Advancing Air Power Partnership
Kenya: Advancing Air Power Partnership
Strengthening strategic partnerships remains critical to enhancing air power capabilities, operational readiness and professional development. This was underscored during a visit to India by the Commander Kenya Air Force, Major General Bernard Waliaula, which provided an important platform to deepen the longstanding defence relationship between the Kenya Air Force and the Indian Air Force. During the visit, the Commander held high-level engagements with the leadership of the Indian Air Force, including the Chief of the Air Staff, Chief Marshal Amar Preet Singh, and other senior defence officials.…
Kenya’s Oil Ambitions Meet a New Refining Push at African Energy Week (AEW) 2026
Kenya’s Oil Ambitions Meet a New Refining Push at African Energy Week (AEW) 2026
Kenya’s energy story is no longer confined to developing its nascent oil industry or expanding its already substantial renewable power base. In 2026, the country has emerged as a potential hub for both upstream and downstream investment, while continuing to build out the electricity infrastructure needed to support a growing economy, with Cabinet Secretary for Energy and Petroleum James Opiyo Wandayi set to bring Kenya’s evolving energy agenda to African Energy Week 2026. At the center of that shift is the proposed 700,000-barrel-per-day refinery in Lamu, which Dangote Industries plans to develop at a cost of around $15-16 billion.…
Cameroon Targets CFA111.1 Billion in Customs Revenue for September, Up 9% YOY
Cameroon Targets CFA111.1 Billion in Customs Revenue for September, Up 9% YOY
Cameroon’s customs administration aims to collect CFA111.1 billion in revenue in September 2026, a target that is 9.1% higher than a year earlier and remains heavily dependent on collections through the country’s two main port areas, Douala and Kribi. The target, allocated among the country’s customs districts and published in the administration’s newsletter, is also CFA4.4 billion, or 4.1%, above the CFA106.7 billion planned for August. The Littoral I and South II districts, which include the ports of Douala-Bonabéri and Kribi, are expected to generate CFA97.4 billion between them. That represents 87.7% of the nationwide September target.…
Pix of the Day, 22 September, 2026 - Across the world
Pix of the Day, 22 September, 2026 - Across the world
Pix of the Day, 10 September, 2026 - Across the world
Nigeria Customs floors Laurium Mining Company as Court dismisses N34 million import waiver suit
Nigeria Customs floors Laurium Mining Company as Court dismisses N34 million import waiver suit
The Federal High Court, Abuja, has dismissed a N34 million amended suit filed by Laurium Mining Company Limited against the Nigeria Customs Service Board and three others over import duty exemptions.
European Peace Facility: Council increases support for the Djibouti Armed Forces to €20 million
European Peace Facility: Council increases support for the Djibouti Armed Forces to €20 million
The Council today agreed to strengthen EU support to the Djibouti Armed Forces under an existing assistance measure adopted in 2025 through the European Peace Facility. The financial support provided will increase from €10 million to €20 million . This increase in the financial reference amount reflects the strengthening of the EU-Djibouti partnership in the field of security and defence and reinforces the EU's support for Djibouti's efforts to enhance maritime security in the region. Today's decision further contributes to the EU's broader efforts to provide an integrated response to the deteriorating security situation in and around the Red Sea and to safeguard freedom of navigation.…
FIFA Chief Infantino calls for review of football governance after investment backlash
FIFA Chief Infantino calls for review of football governance after investment backlash
FIFA president Gianni Infantino is proposing a fresh consultation on how football’s world governing body makes major decisions, following intense criticism over an abandoned plan to bring private investment into the World Cup.