African markets and business updates

CMA CGM has announced further changes to its CIMEX service portfolio connecting the Far East with the Middle East and Indian subcontinent, according to Alphaliner. The recently shortened CIMEX1 service will remove calls at Hong Kong and Sohar. Sohar will instead join the CIMEX3 rotation, which CMA CGM launched in July 2026. The service will […] CMA CGM has announced further changes to its CIMEX service portfolio connecting the Far East with the Middle East and Indian subcontinent, according to Alphaliner. The recently shortened CIMEX1 service will remove calls at Hong Kong and Sohar. Sohar will instead join the CIMEX3 rotation, which CMA CGM launched in July 2026.…

A music concert marking the 50th anniversary of the establishment of the Revolution School was held yesterday, 18 September, at Bahti Meskerem Square in Asmara. The program, organized in collaboration with the Commission of Culture and Sports and the National Holidays Coordinating Committee, was broadcast live by Eritrean Television. Mr. Zerit Tewoldebrhan, Managing Director of the Central Region, said that the establishment of the Revolution School was one of the EPLF’s significant initiatives during the struggle for independence.…

Data reviewed by Nairametrics show that the 10 overseas operations of Access Bank, First HoldCo, Zenith Bank, UBA and Guaranty Trust Holding Company (GTCO) included in this analysis had combined assets of about N40.66 trillion at the end of FY2025.

DHL Global Forwarding has launched a new AI-based tool designed to help customers analyse customs data and identify tariff exposure, clearance delays and potential compliance issues. The new TradeNavigator tool is part of DHL’s TradeConnect environment and allows users to ask questions about their customs declaration data using natural language. Customs data from more than […] DHL Global Forwarding has launched a new AI-based tool designed to help customers analyse customs data and identify tariff exposure, clearance delays and potential compliance issues.…

The search for employment is emerging as the biggest reason Africans consider leaving their home countries, as economic pressures continue to shape migration decisions across the continent, according to a new Afrobarometer report.

Survivors of a Nigerian disaster that saw 37 suspected illegal gold miners die while in the custody of a paramilitary civil defence group recounted their panic on Friday as they struggled to breathe inside the cell.

Agriculture and exports remain critical to Nigeria’s efforts to diversify its economy and achieve sustainable economic growth, FirstBank Group Chief Executive Officer, Olusegun Alebiosu, has said.

GXO Logistics and Exotec have deployed a new automated fulfillment system at GXO’s facility in Venlo, the Netherlands. The facility supports fashion company Guess across Europe, the Middle East, Africa and Asia. The new system includes 127 robots. It can process between 40,000 and 70,000 pieces per day. System reaches 2,200 order lines per hour […] GXO Logistics and Exotec have deployed a new automated fulfillment system at GXO’s facility in Venlo, the Netherlands. The facility supports fashion company Guess across Europe, the Middle East, Africa and Asia. The new system includes 127 robots. It can process between 40,000 and 70,000 pieces per day.…

In Johannesburg, a circus is helping young performers from under-resourced communities turn talent into careers. Among them is 29-year-old Brian Ngobese, who grew up in Alexandra township. After discovering circus almost by accident, he trained in aerial acrobatics.

The NGX equities market continued its strong bullish run (with the ASI at 249,804 index points), supported by demand for bellwethers, energy/industrial stocks, and banking subsectors.