African markets and business updates

For many Nigerians, buying a new smartphone, laptop, television, refrigerator or other essential household appliance can become a difficult financial decision, particularly when the full cost has to be paid at once. The same challenge can arise when an unexpected electricity, data, cable or other bill arrives at a time when available cash is limited.This […]

According to lawyers in Tunisia, at least 11 people have been arrested after calling for the release of jailed organisers of a Gaza-bound humanitarian flotilla.

Washington and Beijing are discussing tariff relief on US LNG, a relief lands in a market the Hormuz crisis has already rewired. Washington and Beijing are discussing tariff relief on US LNG, a relief lands in a market the Hormuz crisis has already rewired. This content is locked Select a CN Premium Subscription Package To Unlock The Content! Remember Me Lost your password? Don't have an account? Register

According to the lender, the repayment was integrated into the bank’s liquidity framework and has no detrimental impact on its operations or regulatory liquidity requirements.

In Cameroon, insecurity is triggering a fresh wave of displacement in the Far North. Following an attack attributed to Boko Haram that left 15 people dead, thousands of residents are fleeing towards border towns, raising fears of another humanitarian crisis

APRA is the first organisation to receive the Africa PR Legacy Award

New Era Energy & Digital has locked in a 20-year power purchase agreement with Vistra Corp for the Texas Critical Data Center, a $2.5 billion data center project in Texas. Consequently, TCDC PowerCo, New Era’s subsidiary, has contracted for a minimum of 200 megawatts and up to 207 megawatts of electricity for Phase 1 of […]

Maersk will introduce a Heavy Load Surcharge (HWS) for heavy 40-foot containers moving from Far East Asia to selected Middle Eastern markets. The surcharge will take effect from a price calculation date of 5 October 2026. It will apply when the container’s Verified Gross Mass (VGM) exceeds 20 metric tonnes. Origin Destination Equipment VGM Surcharge […] Maersk will introduce a Heavy Load Surcharge (HWS) for heavy 40-foot containers moving from Far East Asia to selected Middle Eastern markets. The surcharge will take effect from a price calculation date of 5 October 2026. It will apply when the container’s Verified Gross Mass (VGM) exceeds 20 metric tonnes.…

Guinness Cameroon posted a net loss of CFA1.26 billion (€1.927 million) in 2025, its final full-year results ahead of a planned merger into SABC that will combine the two major Cameroon subsidiaries controlled by Brasseries et Glacières Internationales (BGI), the parent company of the Castel Group. The brewer generated CFA90.7 billion (€138.202 million) in revenue during the year, according to subsidiary data attached to BGI’s 2025 annual financial statements. The loss was equivalent to about 1.4% of revenue. The BGI document does not provide Guinness Cameroon’s detailed income statement, however, so it does not establish which expenses or events caused the company to fall into the red.…

The insurance company disclosed the changes in separate notices filed with the Nigerian Exchange Limited on Monday.