African markets and business updates

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”, […] 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.…

Ericsson and Vodafone Egypt have announced the commercial rollout of Ericsson’s newest high-capacity, AI-powered RAN Processor 6672, part of the Ericsson RAN Compute portfolio, as part of an ongoing effort to modernize Vodafone Egypt’s radio access network. This follows the product line’s recent commercial debut in Japan, making Egypt one of the first markets to […]

Kaspersky's ( www.Kaspersky.co.za ) Global Research and Analysis Team (GReAT) has uncovered a sophisticated new multi-stage campaign targeting both individual users and organisations. The campaign relies on a previously unknown malware strain distributed through torrent trackers disguised as popular films, including The Odyssey. One of the popular public archives of torrent files was compromised and was then used to deliver the malicious payload. Several hundred victims have been identified in a multitude of countries, including Russia, Türkiye, Japan, Kenya, Uganda, and Colombia, as well as in several European countries such as Spain, the Netherlands, Belgium, Germany and others.…

Helicopters roared overhead and fighter jets tore across the skies as crowds gathered for an aerospace and defence show in Tshwane, South Africa, showcasing the country’s growing defence capabilities.

Village Capital's Husein Merchant explains how the global investor wants to invest $4 million in Africa after investing in seven startups in West Africa. The number of African startups raising between $100,000 and $1 million has fallen by almost half over the past six months. Husein Merchant, who leads Village Capital’s regional operations , has a straightforward explanation: there have not been enough exits to show investors that those cheques work. Lacking empirical evidence that the previous cycle delivered, investors are holding back and waiting for clearer historical patterns before committing new capital, Merchant said.…

Users need a reason to hold a local token before merchants have a reason to accept it. Merchants need enough users and liquidity before accepting it becomes worthwhile. Liquidity providers need enough trading activity to make money, but more trading activity requires more users, restarting the cycle. This is Follow the Money , our weekly series that unpacks the earnings, business, and scaling strategies of African fintechs, financial institutions, companies, and governments. A new edition drops every Monday. Over the past six years, several local stablecoins pegged to African currencies have sprung up with one clear proposition: to put African money on-chain.…

Demand for switchgear is growing fast in South Africa, particularly among mines and other industrial clients using medium-voltage switchgear. With annual compound growth rates of between 7% and 12%, SA is outpacing its industrialised peers and even demand across the wider Africa and Middle East regions. A considerable amount of this new demand comes from …

The United States has deported more than 25,000 people under secretive agreements with 35 countries to take migrants with no ties to those nations, according to an investigation published Monday.

Xiaomi has not confirmed the Xiaomi 18, but certification records and fresh leaks already show what the phone could bring. Table of contents Xiaomi 18 specs at a glance Xiaomi 18 release date Xiaomi 18 global and Nigeria availability Xiaomi 18 price Detailed specs Xiaomi 18 vs Xiaomi 17 Should you wait for the Xiaomi 18? Xiaomi 18 frequently asked questions Xiaomi has not confirmed the Xiaomi 18, but certification records and fresh leaks already show what the phone could bring. A device widely reported as the global Xiaomi 18 has cleared Taiwan’s regulator after an earlier European filing .…

Xiaomi will unveil the Xiaomi 18 Pro in China on September 23, 2026. The compact flagship is expected to retain the rear display introduced on the Xiaomi 17 Pro. Table of contents Xiaomi 18 Pro release date Will the Xiaomi 18 Pro launch globally? Xiaomi 18 Pro price Xiaomi 18 Pro specs at a glance Detailed specs Xiaomi 18 Pro vs Xiaomi 17 Pro Xiaomi 18 Pro in Nigeria Should you buy the Xiaomi 18 Pro? Xiaomi will unveil the Xiaomi 18 Pro in China on September 23, 2026. The compact flagship is expected to retain the rear display introduced on the Xiaomi 17 Pro, while leaks point to a new 2nm Snapdragon chip, two 200MP cameras, and a battery approaching 7,000mAh.…