African markets and business updates

The Portfolio Committee on Public Works and Infrastructure notes the announcement from the Minister of Public Works and Infrastructure on the department’s intention to issue a Request for Information for the redevelopment of the Telkom Towers complex through a public-private partnership model, which would include a rehabilitate-operate-transfer approach. The committee recognises the importance of turning dormant state assets into productive public infrastructure. However, any proposal involving public funds must be approached with full fiscal discipline.…

Behind every Peace Support Operation are stories of resilience, sacrifice and service – stories that often remain unseen without the dedication of journalists working in challenging environments. In AUSSOM Sector 2, Sergeant Naomi Lihavi plays a vital role in documenting those experiences and bringing the realities of the mission to the world. Serving as a Journalist and Camerawoman under the African Union Support and Stabilisation Mission in Somalia (AUSSOM), Sgt Lihavi uses photography, videography, and storytelling to highlight the work and sacrifices of peacekeepers operating in Somalia.…

LesRock partnered with various stakeholders to enhance the Roof of Africa rally through entertainment activities while encouraging greater participation by Basotho in the prestigious motorcycle rally. Speaking in an interview with the Agency, LesRock Director Ms. Limpho Nkune said the initiative, undertaken in collaboration with the Lesotho Off-Road Association (LORA), is aimed at adding entertainment and tourism value to the Roof of Africa and ensuring that the event benefits local communities.…

The Miners Association of Nigeria (MAN), organiser of Nigeria Mining Week, and the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) have signed a Strategic Partnership Agreement aimed at deepening collaboration between Nigeria’s mining industry and the organised private sector ahead of Nigeria Mining Week 2026, taking place from 12–14 October 2026 at the Abuja Continental Hotel in Abuja. The partnership marks an important step towards strengthening engagement among Nigeria’s business community, policymakers, investors and mining stakeholders as the country works to unlock the economic potential of its mineral resources sector.…

Prime Cabinet Secretary and Cabinet Secretary for Foreign and Diaspora Affairs Dr. Musalia Mudavadi has assured Kenya’s diplomatic partners of the Government’s commitment to political stability, economic resilience, regional integration and peace and security. Speaking during the quarterly Diplomatic Briefing in Nairobi, Dr. Mudavadi said the Government was committed to ensuring that the 10th August 2027 General Election will be safe, free and peaceful, while urging the diplomatic community to support Kenya’s constitutional institutions and democratic processes. “The Electoral Commission should be allowed to discharge its constitutional mandate independently and professionally,” Dr.…

The Government of Lesotho, in collaboration with the Church Council of Lesotho (CCL), held a National Prayer to officially mark the beginning of the country’s 60th Independence Diamond Jubilee celebrations. Speaking during the event, Government Secretary Mrs.Teboho ‘Malisebo ‘Mokela said the National Prayer is not merely the beginning of the Jubilee celebrations, but a national journey of reflection, gratitude, unity and renewal. She said the country had chosen to begin its 60th Independence celebrations in prayer because Basotho are a God-fearing nation and recognize God as the source of their strength, protection and blessings. Mrs.…

The ECOWAS Bank for Investment and Development (EBID) has been honoured with the "Outstanding Sustainable Project Financing" Award at the Sustainable Finance Awards 2026 for its financing of the Kano-Maradi Railway Project, a transformative infrastructure initiative designed to strengthen regional integration and economic development in West Africa.

The Angola Oil & Gas (AOG) Conference and Exhibition announced the winners of its 2026 awards during a Gala Dinner and Awards ceremony in Luanda this week. Recognizing achievements across exploration, project development, local content, services, social investment and the downstream sector, the awards highlight companies and initiatives shaping Angola’s energy industry. From major gas and offshore developments to Angolan-led exploration, industrial capacity and local supplier development, the 2026 winners reflected the breadth of investment underway across the country’s oil and gas value chain.…

African Export-Import Bank (Afreximbank) ( www.Afreximbank.com ), through its Creative Africa Nexus (CANEX) programme, and TopTier Sports Management, What Media Group, today announced plans for a landmark Legends Football Match as a cornerstone event of the CANEX WKND 2026 programme. The Legends Football Match, scheduled for 8 November 2026 at Onikan Stadium, Lagos, will bring together football icons from Africa and beyond. The event celebrates the 30th anniversary of the legendary mid-1990s Super Eagles squad—commemorating their historic 1994 Africa Cup of Nations (AFCON) triumph, 1994 FIFA World Cup run, and their defining 1996 Olympic Gold medal in Atlanta.…

The UN Commission on Human Rights in South Sudan warned that renewed violence, political tensions, shrinking civic space, entrenched corruption and persistent impunity continue to put the population and the planned transition to democracy at risk. During the four-day visit, the Commission met a wide range of representatives from the Government, the political and security sectors, civil society and other stakeholders. They called for the authorities to take urgent steps to protect civilians, allow humanitarian assistance to reach those in need and create conditions for inclusive political dialogue ahead of elections scheduled for December.…