African markets and business updates

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Africa’s ambitions for industrialisation, manufacturing, minerals beneficiation, digital transformation, expanded trade and job creation all depend on one fundamental requirement: access to sufficient, reliable and affordable energy. As Africa seeks to accelerate economic growth, the relationship between energy and economic development has never been more important. The African Development Bank projects the continent’s economy to …

Kenya’s rules could therefore create new winners and losers. Virtual asset businesses will be racing to meet the November 4 deadline to transition and comply with the new regime and its requirements. Lower capital requirements give smaller local businesses a clearer path into some parts of the market, while stablecoin issuers, offshore platforms, and companies with weak compliance systems face higher costs and closer scrutiny. Kenya’s new crypto regulations are creating a formal path into the market, but the cost of compliance could determine which businesses can afford to stay. The new crypto rules could materially raise the cost of running a virtual asset business.…

The pope also remembered communities in central Italy ahead of Monday's 10th anniversary of the 6.0-magnitude earthquake that struck areas of Lazio, Umbria and Marche, killing around 300 people.

CMA CGM has announced a series of surcharge and rate adjustments across several trades, covering reefer, inland and dry cargo. The changes include a new Peak Season Surcharge (PSS) for reefers moving to West Africa, a congestion surcharge for Tema and an emergency inland fee in Europe. The carrier has also updated its PSS from […] CMA CGM has announced a series of surcharge and rate adjustments across several trades , covering reefer, inland and dry cargo. The changes include a new Peak Season Surcharge (PSS) for reefers moving to West Africa, a congestion surcharge for Tema and an emergency inland fee in Europe.…

President Bola Tinubu received in audience Ahmadu Saleh, the Chairman of Bergmans Security Consultant and Supplies Limited, at the State House in Abuja (ATTACHED).

The Democratic Republic of Congo and the Rwanda-backed M23 have agreed on a roadmap for peace talks, setting out the next steps and timetable under the Doha framework. The deal comes after months of stalled diplomacy and renewed fighting in the east.

The East African Community (EAC) Council of Ministers has lifted the moratorium on recruitment in the Organs and Institutions of the Community and approved a phased recruitment plan commencing in FY 2026/2027. The Council held a Dedicated Meeting to finalise urgent staffing matters in the Organs and Institutions of the Community in Mombasa, Republic of Kenya, from 18th to 21st August, 2026. The Meeting was chaired by the Rt. Hon. Rebecca Alitwala Kadaga, First Deputy Prime Minister and Minister of East African Community Affairs in the Republic of Uganda, as Chairperson of the Council of Ministers.…

South Africa’s Dataseka has launched to put the ability to understand a business in the hands of the people running it. Founded this year, Dataseka brings data, analysis and decision-making into one governed platform through three core capabilities through Seeka, an AI co-worker for data. “Most businesses already have valuable data, but it is scattered [...] South Africa’s Dataseka has launched to put the ability to understand a business in the hands of the people running it. Founded this year, Dataseka brings data, analysis and decision-making into one governed platform through three core capabilities through Seeka, an AI co-worker for data.…

CIT VERICASH ( ), the fintech enablement platform serving banks and financial institutions across Africa, has been awarded Best Digital Financial Services Platform 2026 by Global Business Outlook, the UK-based international business publication known for its annual awards recognizing transformative performance across global financial markets. The recognition marks the latest in a series of industry acknowledgements for the company, which in 2025 was awarded Best Digital Transformation Platform, Fintech Strategic Partner of the Year, and Best Financial Services Platform Africa.…