African markets and business updates
Latest headlines from African markets, companies, and business sources.
Kenya - United by Faith, Bound by Family: A Day of Worship and Celebration
Kenya - United by Faith, Bound by Family: A Day of Worship and Celebration
Faith, family unity and spiritual growth is fundamental to nurturing a strong and resilient military community. In this spirit, Roman Catholic faith and their families gathered at St Raphael Catholic Church, Defence Force Memorial Hospital (DFMH), for a Family Day and Confirmation Mass, an occasion that brought together worship, fellowship and celebration. The event provided a unique opportunity for families to step away from their daily routines and share moments of prayer, reflection and togetherness. Beyond the spiritual significance, the celebration reinforced the importance of family support in promoting the wellbeing, morale and resilience of service personnel.…
Nigeria’s new phone registry threatens rising smartphone prices
Nigeria’s new phone registry threatens rising smartphone prices
Nigeria wants to make every phone traceable. But as the NCC moves to tighten control over the device market, the harder question is whether the system can stop illegal imports without making legitimate phones harder to buy, sell and repair. Nigeria is moving to make every mobile phone in the country traceable through the Nigerian Communications Commission’s Device Management System (DMS). By requiring SIM-enabled devices to be registered via their International Mobile Equipment Identity (IMEI) numbers before sale or network connection, the system aims to weed out stolen, cloned, and unapproved imports —bringing unprecedented oversight to a traditionally informal market.…
Kenya: Rooted in Service, Committed to Conservation
Kenya: Rooted in Service, Committed to Conservation
Environmental conservation is increasingly integral to national resilience as climate change, land degradation and declining forest cover place growing pressure on ecosystems and communities. Restoring degraded landscapes therefore requires sustained action, shared responsibility and partnerships that translate environmental awareness into practical results. Personnel from the Kenya Army Corps of Mechanical and Electrical Engineers (KACEME), in partnership with the Green of Africa Foundation, planted more than 20,000 trees in Mutathia, Limuru, as part of ongoing efforts to promote environmental restoration and sustainable management of natural resources.…
Kenya: Building Resilience, Sustaining Peace
Kenya: Building Resilience, Sustaining Peace
Security extends beyond the protection of lives and property. In communities where livelihoods depend heavily on livestock and access to essential services remains limited, food security, healthcare, economic stability and peaceful coexistence are closely interconnected. Addressing these needs contributes to stronger, more resilient communities capable of sustaining peace and stability. Across the Operation Maliza Uhalifu (OMU) area, the Kenya Defence Forces (KDF), working with government agencies, humanitarian organisations and local communities, continues to support initiatives that address immediate humanitarian needs while strengthening community resilience and cooperation.…
JAMB approves one-time change of registered GSM numbers, email addresses
JAMB approves one-time change of registered GSM numbers, email addresses
The Joint Admissions and Matriculation Board (JAMB) has approved a one-time update of registered GSM numbers and email addresses for candidates who have lost access to their original contact details.
From Treatment Room to Shelf: How Abby Bakare Turned Years of Clinical Experience into Skincare for Every Skin Type
From Treatment Room to Shelf: How Abby Bakare Turned Years of Clinical Experience into Skincare for Every Skin Type
After more than a decade in medical aesthetics and more than 10,000 aesthetic procedures, Nigerian skincare expert Abby Bakare identified a problem beyond the treatment room: helping clients achieve results was only half the battle.
Plast Eurasia invites Middle East buyers for its 35th edition
Plast Eurasia invites Middle East buyers for its 35th edition
Plast Eurasia ( www.PlastEurasia.com ), the 35 th International Istanbul Plastics Industry Fair, will take place at Tüyap Fair and Congress Center in Istanbul from December 2–5, 2026, bringing manufacturers, technology providers, raw material suppliers, distributors, buyers and other industry professionals together around cross-border trade and new production technologies. “Plast Eurasia is designated among the prestigious trade fairs by the Ministry of Trade. For 35 years, it has supported the sector’s development and growth by helping companies build commercial connections,” said İlhan Ersözlü, General Manager at Tüyap Fairs Production Inc.…
Nigeria DRE Fund reaches commercial launch milestone, a model for scaling DRE investment across Africa
Nigeria DRE Fund reaches commercial launch milestone, a model for scaling DRE investment across Africa
On the sidelines of the United Nations General Assembly, the Nigeria Sovereign Investment Authority (NSIA), Africa50 and Sustainable Energy for All (SEforALL) unveiled a new investment vehicle to spur renewable energy investments in Nigeria The [$300 million] Nigeria Distributed Renewable Energy (DRE) Fund has reached a major milestone with its commercial launch, marking the transition […]
New global ranking opens up foreign inflows for Nigeria
New global ranking opens up foreign inflows for Nigeria
Nigeria today assumes a higher ranking in the global investment market as the country’s designation as a frontier market deepens its ability to attract foreign direct and portfolio investments. Following extensive macroeconomic and institutional reviews, FTSE Russell, a global market assessor that serves institutional investors worldwide, is upgrading Nigeria from “Unclassified” to “Frontier Market Status”, […]