African markets and business updates

TotalEnergies has announced a final investment decision (FID) for the full-field development of the Absheron gas project in Azerbaijan, while the timing for the multibillion-dollar Venus oil development in Namibia remains unresolved in its latest global strategy. The French energy major’s Strategy and Outlook presentation, released on Monday, highlights Namibia among six key countries expected …

On 17 April 2026, President Bola Tinubu signed the 2026 Appropriation Act, the largest in Nigerian history at N68.32 trillion ($48.80 billion). The State House announcement was precise about expenditure: N4.799 trillion ($3.43 billion) in statutory transfers, N15.8 trillion ($11.29 billion) in debt service, N15.4 trillion ($11.00 billion) in recurrent spending and N32.2 trillion ($23.00 […]

Speaking at an interfaith meeting in Metz, he urged religious leaders to foster a path to friendship, peace, and brotherhood.

Under the shade of a large tree beside the airstrip at the Anyuak Kingdom headquarters in Otallo, Greater Pibor, community leaders gather for a conversation about peace, unity and the future of their community. The tree is a familiar meeting place where residents gather to discuss issues affecting their lives, ranging from security and education to water, development and relations with neighbouring communities. This time, the discussion is focused on the sensitive topic of how the Anyuak community can overcome internal divisions and build a common path towards reconciliation with the Murle.…

Orange Group has pledged EUR 25 million to support startups operating in artificial intelligence and other advanced technologies in Egypt, as part of the company’s push to strengthen its presence in the country’s innovation and entrepreneurship landscape. The group also intends to offer training grants to approximately 200,000 people across Egypt, with a focus on […] Orange Group has pledged EUR 25 million to support startups operating in artificial intelligence and other advanced technologies in Egypt, as part of the company’s push to strengthen its presence in the country’s innovation and entrepreneurship landscape.…

Africa’s richest man, Aliko Dangote, has said he hopes to list Dangote Fertiliser Ltd on the stock exchange sometime next year, bringing the expected listing forward from an earlier 2028 projection.

With nutrition and healthy diets top of mind for many across Africa, sugar reduction is often a particular public health priority. Iddah Asin, International Council of Beverages Associations (ICBA) Africa Executive Director, shares her perspectives. A recent series of roundtables in South Africa, Tanzania, Ghana, and Nigeria brought together local industry associations, the International Sweeteners Association (ISA), and local stakeholders to discuss the evidence about how low- and no-calorie sweeteners can fit in countries' goals for nutrition and the evolving food policy environment.…

iDICE Skills Training to Jobs Programme goes nationwide across all six geopolitical zones, connecting Nigerian youth to careers in the digital and creative economy The Federal Government of Nigeria rolls out Skills-to-Jobs Initiative, the largest government-anchored digital skills-to-employment project in Nigeria’s history through its iDICE Programme. The initiative targets 300,000 young Nigerians for training and […]

Turnover on the Nigerian Foreign Exchange Market (NFEM) plunged to $196.7 million on Monday, September 28, 2026, its lowest level in seven weeks, according to Central Bank of Nigeria (CBN) data.

Major industrial project aiming to reduce dependence on imported fuel paused over land dispute