African markets and business updates

Egyptian startup Bekia, which is digitising waste collection, has raised a US$765,000 seed round to deepen its consumer app and launch its first B2B software product. Founded in 2019, Bekia is a digital platform building the collection layer for Egypt’s recycling economy. The platform began with a consumer app – a household books a pickup, [...] Egyptian startup Bekia, which is digitising waste collection, has raised a US$765,000 seed round to deepen its consumer app and launch its first B2B software product. Founded in 2019, Bekia is a digital platform building the collection layer for Egypt’s recycling economy.…

Seven Ethiopian armed groups have formed an alliance against the federal government, an official of the Tigray People's Liberation Front (TPLF) said on Sunday.

37 individuals, suspected of working as illegal miners, died in custody in Nigeria in recent days, prompting the government to name a committee to investigate the situation. The survivors recount their harrowing ordeal in detention.

Mine closure has changed considerably over the past few decades. Environmental obligations have strengthened, financial provision has become more formalised, and the social consequences of a mine closing receive far more attention than they once did. However, when budgets tighten, closure work can be one of the easier things to push out because its consequences …

The Managing Director and CEO, NGX Group plc, Mr. Temi Popoola, has said he sees an opportunity to connect Africa’s pools of capital more effectively with businesses across the continent, building on market infrastructure and regional linkages already taking shape. Africa’s next capital-market opportunity may not lie solely in attracting more money from outside the […]

The Managing Director and CEO, NGX Group plc, Mr. Temi Popoola, has said he sees an opportunity to connect Africa’s pools of capital more effectively with businesses across the continent, building on market infrastructure and regional linkages already taking shape. Africa’s next capital-market opportunity may not lie solely in attracting more money from outside the […] The Managing Director and CEO, NGX Group plc, Mr. Temi Popoola, has said he sees an opportunity to connect Africa’s pools of capital more effectively with businesses across the continent, building on market infrastructure and regional linkages already taking shape.…

Iran has kept large numbers of army ground forces deployed along its borders since the US-Israeli strikes on Iran on February 28 in response to potential threats, the commander of the army's ground forces said on Sunday.

Egyptian fintech companies AMAN Holding, Bokra and Erada Finance have joined Scale It Forward, an initiative launched by GIZ Egypt and enpact to advance the adoption of Venture Debt in Egypt. The Scale It Forward programme brings together financial institutions and high-growth scaleups with the aim of expanding access to non-dilutive financing, building the financial [...] Egyptian fintech companies AMAN Holding, Bokra and Erada Finance have joined Scale It Forward, an initiative launched by GIZ Egypt and enpact to advance the adoption of Venture Debt in Egypt.…

Oando PLC ( www.OandoPLC.com ), Africa’s leading integrated energy solutions provider, on Thursday, 17 September 2026, successfully held its 47th Annual General Meeting (AGM), where shareholders reviewed the Company’s performance, strategic priorities and outlook. All resolutions presented at the meeting were passed. The AGM was characterised by shareholder engagement, with shareholders commending the Board and Management for its approach to corporate governance, strategic direction and disciplined capital allocation, while expressing continued support for the Company’s growth ambitions.…

Cora Gold Ltd. has advanced front-end engineering design (FEED) and pre-construction efforts at its Sanankoro Gold Project in southern Mali, with engineering work on track for completion by the fourth quarter of 2026. The engineering contractor SENET has finalized all fieldwork and three-dimensional plant modelling. Key equipment suppliers have actively contributed to designing the crushing, …