African markets and business updates

Meanwhile, in the DRC, the outbreak has spread to an eighth province, North Ubangi, where two cases, including one death, have been confirmed.

Nigerian equities have recently come under pressure, retreating from the year’s all-time high of approximately 254,067 points.

The Central Bank of Nigeria (CBN) sold $1.64 billion in foreign exchange through the spot market in the first half of 2026, with sales peaking at $950.1 million in March.

Sonko says the country’s problem is one of cash flow and repayment timing, not necessarily the amount of debt owed. He has warned that the process could reach a political deadlock if the government fails to take what he considers a more practical approach.

CMA CGM has announced Port Congestion Surcharges (PCS) for shipments to three West African ports: Tema in Ghana, Freetown in Sierra Leone and Monrovia in Liberia. The charges will take effect on November 1, 2026, based on the loading date. For shipments from the United States and Brazil, they will apply from November 15. The […] CMA CGM has announced Port Congestion Surcharges (PCS) for shipments to three West African ports: Tema in Ghana, Freetown in Sierra Leone and Monrovia in Liberia. The charges will take effect on November 1, 2026, based on the loading date. For shipments from the United States and Brazil, they will apply from November 15.…

Egyptian agentic AI customer experience (CX) startup Tactful AI has secured investment from Hatem Dowidar, the former group CEO of e&, as part of an extension of its pre-Series A funding round. Founded by Mohamed Elmasry, Mohammad Hassan and Sherif Khairallah, Tactful is a unified customer experience platform that provides businesses with a single dashboard [...]

Egyptian agentic AI customer experience (CX) startup Tactful AI has secured investment from Hatem Dowidar, the former group CEO of e&, as part of an extension of its pre-Series A funding round. Founded by Mohamed Elmasry, Mohammad Hassan and Sherif Khairallah, Tactful is a unified customer experience platform that provides businesses with a single dashboard [...] Egyptian agentic AI customer experience (CX) startup Tactful AI has secured investment from Hatem Dowidar, the former group CEO of e&, as part of an extension of its pre-Series A funding round.…

Ghana plans to build at least two alumina refineries with a combined annual capacity of 4 million to 6 million tons, but construction has yet to begin. The proposed Awaso refinery remains at the prefeasibility study stage, while a separate $60 million agreement linked to ...

Summary of FGN Bond Results for October, 2026

Four soldiers from El Salvador have been missing since Sunday when they were seen fleeing their burning armoured vehicle near Port-au-Prince.