African markets and business updates

Fenchurch Group has commenced the rebuild of the 26 MW Akute Independent Power Plant to provide dedicated electricity to major waterworks in Lagos State.

NEDBANK GROUP LIMITED (Incorporated in the Republic of South Africa) Registration number: 1966/010630/06 JSE share code: NED NSX share code: NBK A2X share code: NED ISIN: ZAE000004875 JSE alpha code: NEDI (Nedbank Group) DEALINGS IN SECURITIES In terms of paragraphs 6.77 – 6.90 of the JSE Listings Requirements, the following information is […] NEDBANK GROUP LIMITED (Incorporated in the Republic of South Africa) Registration number: 1966/010630/06 JSE share code: NED NSX share code: NBK A2X share code: NED ISIN: ZAE000004875 JSE alpha code: NEDI (Nedbank Group) DEALINGS IN SECURITIES In terms of paragraphs 6.77 – 6.90 of the JSE Listings Requirements, the following information is disclosed: Name: Ciko Thomas Capacity: Prescribed officer (Group Managing Executive: Personal & Private Banking) Nature of transaction: On market sale of Nedbank Group ordinary shares Date of transaction: 23 September 2026 Number of shares: 5 402 Volume weighted average price per share: R296.9133 Lowest price per share: R296.09 Highest price per share: R297.50 Total value: R1 603 925.43 Extent of interest: Direct beneficial Clearance to deal obtained: Yes Sandton 29 September 2026 Sponsor to Nedbank Group in Namibia: Old Mutual Investment Services (Namibia) (Pty) Ltd Sponsor to Nedbank Group in South Africa: Nedbank Corporate and Investment Banking, a division of Nedbank Limited Date: 29/09/2026 01:33:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (‘JSE’). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS

The Centre for the Promotion of Private Enterprise (CPPE) has called on the Federal Government and other tiers of government to shift economic policy from macroeconomic stabilisation towards productivity-led growth and shared prosperity as Nigeria marks its 66th independence anniversary.

Launches multi-market campaign ( ) in step with Dubai's winter events calendar, alongside exclusive experiences like Atlantis Aquaventure Waterpark, Lost World Aquarium and Dubai City Sightseeing Hop and Hop Off bus tour on roster of free attractions Unlock valuable discounts and hundreds of offers across the city with My Emirates Pass Build customised itineraries from Dubai Experience, to enjoy a memorable holiday in Dubai As Dubai gears up for a busy winter season, Emirates ( www.Emirates.com ) is inviting travellers from across its global network to experience the city, with care, comfort, and exclusive value at every step.…

Africa has spent decades talking about economic integration which is why the African Continental Free Trade Area (AfCFTA) offers perhaps the most consequential opportunity to turn that aspiration into an economic reality. But signing a trade agreement is not the same thing as creating a functioning continental market.

Zanaga Iron Ore Co Ltd. has announced significant progress in improving the economics of its Republic of Congo iron ore project, highlighting potential cash-cost savings of around US$2.2 billion. This update comes as the company advances discussions on a strategic investment and potential project financing worth up to US$500 million. In its latest economic assessment …

Africa’s digital transformation is entering a more demanding phase.Over the past decade, significant progress has been made across digital payments, cloud adoption, mobile connectivity, fintech, e-commerce and technology-enabled services. Artificial intelligence is now creating another wave of opportunity, while governments across the continent are investing more deliberately in digital infrastructure and public-service platforms.But growth in […]

As the grand finale of its milestone 40th-anniversary celebrations, the Pan-African banking leader unveils ambitious 2030 lending targets - USD 2.0 billion for Ellevate and USD 600 million for agricultural value chains - to drive economic sovereignty, food security, and regional integration under the AfCFTA.

The Central Bank of Nigeria (CBN) has scheduled a N2.5 trillion Open Market Operations (OMO) auction for September 29, 2026, as a N2.433 trillion OMO repayment matures on the same day, creating a near one-for-one match between the fresh offer and liquidity injection.

Ariana Resources plc has announced a significant rise in its first-half profit for 2026, ending June with £17.3 million in cash following strategic asset sales to support the development of its flagship Dokwe gold project in Zimbabwe. For the six months ending 30 June, Ariana’s pre-tax profit soared to £6.25 million, up from just £151,000 …