African markets and business updates

Capital Limited's subsidiary MSALABS has begun operating a gold-testing laboratory at the Koné mine in Côte d’Ivoire under a five-year contract, with a second facility in Korhogo expected to receive its first samples by year-end. Côte d’Ivoire's gold production has increased nearly fivefold since 2012, attracting ...

Angola plans to open more than 100 oil and gas blocks, mostly onshore, and halve concession award times from six to three months under a 25-year development plan expected by the end of 2026. Oil and gas companies would face different licensing terms depending on project ...

Strategic partnerships and meaningful community engagement are powerful instruments for transforming lives, nurturing hope and strengthening the bond between the Kenya Defence Forces (KDF) and the communities it serves. The Kenya Defence Forces Golf Association (KDFGA), in partnership with Windsor Golf Hotel & Country Club and Kenafric Group, conducted a Corporate Social Responsibility (CSR) outreach benefiting pupils of Moi Forces Academy and Moi Airbase Primary School.…

The Public Relations Division of the Ministry of Agriculture reported that exemplary Eritrean farmer Ms. Rozina Mebrahtom was honored as one of the “FAO 100 Women Heroes 2026” by the Food and Agriculture Organization (FAO) in Rome, Italy, on 16 October 2026, in connection with World Food Day celebrations. Ms. Rozina was selected from among over 600 exemplary women from 131 countries, becoming one of the 100 honorees and a source of pride for Eritrea in general and Eritrean women farmers in particular. According to information obtained from the Food and Agriculture Organization, Ms.…

In a statement released on Sunday, the ministry said the 124 per cent interest calculation includes the debt serviced by the federal government on behalf of other tiers of government, including external loans to states.

Streets littered with broken glass, burnt bicycles and debris greeted residents in France on Sunday 18 October, following demonstrations that left extensive damage across Paris, Lyon and Marseille.

Pope Leo XIV thanked the thousands of faithful in the Vatican’s Saint Peter’s Square on Sunday for their prayers while he was hospitalised earlier this week.

Huge plumes of black smoke billowed over St Petersburg, Russia’s second-largest city, on Sunday, 18 October, as a large-scale Ukrainian drone attack sparked fires at industrial and logistics facilities. Russian officials said 126 drones had been intercepted in the surrounding region.

Australian miner Deep Yellow has postponed its final investment decision on Namibia’s Tumas uranium project, citing unfavorable equity market conditions, and has set no new date. In the same region, rival Bannerman Energy has secured a $320.4 million investment from China’s state-owned nuclear ...

France woke up Sunday to devastated streets after clashes between police and protesters, mass looting and fires erupted nationwide as marches against rising costs of living degenerated into "extreme" violence.