African markets and business updates

Latest headlines from African markets, companies, and business sources.

Kenya: Embracing Technology to Enhance Maritime Domain Awareness

Africa Energy Chamber · 17 Sep 2026 · 11:30

The maritime security environment is rapidly evolving, driven by technological advancement and the emergence of increasingly complex threats above, on and beneath the sea. Maintaining effective maritime domain awareness therefore requires continuous investment in modern surveillance, detection and response capabilities. Against this evolving security landscape, the Kenya Navy hosted representatives from M/S SAAB, a Swedish defence and security company specialising in advanced surveillance and defence technologies, for a courtesy call on the Commander Kenya Navy, Major General Paul Otieno, at the Kenya Navy Headquarters.…

Why Uber is in retreat in Africa

African Business · 17 Sep 2026 · 11:04

The ride-hailing giant's withdrawal from Nigeria and Uganda follows the demise of its businesses in Tanzania and Côte d'Ivoire. Uber's "journey in Nigeria has been one of growth, empowerment and transformation," Tope Akinwumi, the company's then country manager, wrote last year in the forward to a report that hailed its impact in Nigeria. The Silicon Valley company claimed to have contributed 34bn naira ($26m) to the local economy in 2023, saying that it had helped riders save 1.8m hours compared to their other commuting options. "Looking ahead," Akinwumi wrote, "Uber is dedicated to furthering its contribution to Nigeria's growth, development and innovation."…

The whip-smart South African investor leading the way for women

African Business · 17 Sep 2026 · 10:55

WIPHOLD co-founder Louise Mojela talks about her experience of over 30 years at the helm of the pioneering South African investment company.

World Rugby Director of International Relations and Member Services Clare Barrell Joins African Collaborations Group (ACG) Advisory Board to Advance Sport and Entertainment Districts Across Africa

Africa Energy Chamber · 17 Sep 2026 · 09:00

African Collaborations Group (ACG) ( www.ACGafrica.com ), the leading strategic project origination and collaboration platform focused on the industrialisation of sport in Africa through the origination of bankable sport and entertainment district ecosystems, today announced the appointment of Clare Barrell to its Advisory Board. Ms Barrell serves as Director of International Relations and Member Services at World Rugby, the global governing body of the sport.…

Load shedding has eased: South Africa now faces its next industrial energy test

Africa Energy Chamber · 17 Sep 2026 · 08:00

South Africa’s energy conversation is changing. With Eskom recording more than 400 consecutive days without load shedding, the focus for energy-intensive businesses is shifting from simply securing electricity to ensuring that energy supports industrial competitiveness, investment and growth . For South Africa’s mines, manufacturers, smelters and other large power users, significant challenges remain. Grid capacity, rising operating costs, renewable energy integration, power quality and the financing of alternative energy solutions are increasingly influencing investment and operational decisions.…

Liberia: Ministry of Health (MOH) Reaffirms Commitment to Legal Identity and Vital Statistics

Africa Energy Chamber · 16 Sep 2026 · 19:21

The Ministry of Health (MOH) has reaffirmed its commitment to strengthening civil registration and vital statistics systems across the country, stressing that legal identity and accurate population data are essential to effective health planning, service delivery and the protection of citizens’ rights. The Ministry made the commitment as Liberia joined countries across Africa in commemorating African Identity Day, observed annually on September 16, 2026. Representing the Ministry of Health at the national observance, Dr.…

South Africa: President Cyril Ramaphosa signs Public Service Commission Bill into law

Africa Energy Chamber · 16 Sep 2026 · 18:55

President Cyril Ramaphosa has signed into law the Public Service Commission Bill, which strengthens the role of the Public Service Commission in promoting constitutional values and professional ethics in the public service. The Commission is mandated to undertaking monitoring and evaluation of a wide range of practices in the public service and is able to investigate administration practices and service delivery failures. The new Public Service Commission Act repeals the Public Service Commission Act of 1997 and the President’s assent reinforces government’s focus on building a capable and ethical state, which is one of the 7th administration’s top three priorities.…

Egypt: President El-Sisi Speaks with Tanzanian President

Africa Energy Chamber · 16 Sep 2026 · 18:53

Today, President Abdel Fattah El-Sisi spoke by phone with the President of the United Republic of Tanzania, Samia Suluhu Hassan. Spokesman for the Presidency Ambassador Mohamed El-Shennawy stated that President El-Sisi began the call by extending his deepest condolences and sincere sympathy over the passing of the husband of the Tanzanian President, Mr. Hafidh Ameir Hassan. The President emphasized the solidarity of Egypt’s leadership and people with President Hassan in this time of profound sorrow, asking Allah the Almighty to bestow His vast mercy upon the deceased and to grant his family and the brotherly Tanzanian people patience and solace.…

Ghana: Finance Minister Receives International Finance Corporation (IFC) Managing Director Makhtar Diop

Africa Energy Chamber · 16 Sep 2026 · 18:29

The Minister for Finance, Dr Cassiel Ato Forson, has received the Managing Director of the International Finance Corporation (IFC), Makhtar Diop, at the Ministry for discussions on Ghana’s economic progress and plans to promote private-sector-led growth. The meeting focused on the Government’s next phase of economic transformation, with particular emphasis on commercial agriculture, value addition and job creation. Dr Forson identified sugar, cocoa processing, palm oil and poultry as priority areas requiring increased private-sector investment. He also highlighted Ghana’s ambition to become the pharmaceutical hub of West Africa.…

The Republic of Cabo Verde Signs its First Country Programme Framework (CPF) for 2026-2031

Africa Energy Chamber · 16 Sep 2026 · 18:07

Mr Hua Liu, IAEA Deputy Director General and Head of the Department of Technical Cooperation, and HE Ms Clara Manuela da Luz Delgado Jesus, Resident Representative of the Permanent Mission of the Republic of Cabo Verde to the IAEA, signed The Republic of Cabo Verde's Country Programme Framework (CPF) for the period of 2026–2031 on 16 September 2026. A CPF is the frame of reference for the medium-term planning of technical cooperation between a Member State and the IAEA and identifies priority areas where the transfer of nuclear technology and technical cooperation resources will be directed to support national development goals.…