African markets and business updates

Health Committee calls for probe into drug theft, extortion at Iganga, Bugiri Hospitals The House Committee on Health has asked the Resident District Commissioners (RDCs) of Iganga and Bugiri districts to investigate allegations of theft of medicines, extortion and mismanagement of funds in government hospitals there. The committee gave the instructions during its oversight visit to health facilities in Eastern Uganda on Tuesday, 08 September 2026. At Iganga General Hospital, MPs uncovered serious gaps in the management and accountability of government medicines, raising suspicion that weak record-keeping could be facilitating theft and diversion.…

CDA Hines joined the Minister of Health Honourable ‘M’amokete Ntšekhe, World Vision Lesotho National Director Dr James Chifwelu, and senior government and development partners to launch the Faith and Community Initiative (FCI) in Lesotho. FCI transforms U.S. foreign assistance into a strategic investment, strengthens health systems, and delivers integrated HIV and Maternal and Child Health (MCH) services through local solutions. In its first year alone, the United States will provide Lesotho with $7 million — $5 million for HIV programming and $2 million for MCH services — delivered through a network of faith-based partners led by World Vision.…

With Zambia having received the delivery of the first US-funded HIV prevention medicine Lenacapavir, UNAIDS is now working in close partnership with the Zambian government, communities, the Global Fund to Fight AIDS, TB and Malaria and the US government to ensure that this new HIV prevention option reaches the people who need it the most to prevent new HIV infections in the country. The rollout of Lenacapavir offers Zambia an opportunity to accelerate prevention and protect hard-won gains in the country’s HIV response.…

Resolution tabled by Togo with the backing of the African Union calls for equal-area map projections in schools, institutions, media and digital platforms. Speak Up Africa ( www.SpeakUpAfrica.org ) and Africa No Filter, which launched the Correct the Map campaign, welcome a historic shift from advocacy to global institutional action. On Friday 4 September, the United Nations General Assembly adopted the resolution "Correct the Map: rebalancing global cartographic representation and promoting a more equitable representation of the world's regions", by 164 votes in favour, 1 against and 6 abstentions.…

Sunbeth Global Concepts Limited ( www.Sunbeth.net ), a leading agro-commodities sourcing and trading company, has announced the successful and timely redemption of its ₦25.1 billion Series 1 Commercial Paper (CP) issued under its ₦200 billion Commercial Paper Programme. The redemption, completed on the notes’ maturity date of 4 September 2026, underscores the Company’s financial discipline, liquidity position and commitment to meeting its obligations to investors.…

His Excellency, President Salva Kiir Mayardit on Wednesday met with leaders of various political parties as South Sudan prepares to convene an Inter-Party Dialogue on September 17, 2026, to discuss the country’s electoral pathway and transitional political settlement ahead of the December 2026 elections. The dialogue is intended to provide a broad-based platform for political parties and other stakeholders to discuss, negotiate and agree on key electoral issues that need to be settled before the elections while also identifying important post-election issues requiring national consensus to preserve peace, political legitimacy and continuity of state-building.…

The Right Honourable, the Prime Minister Ntsokoane Matekane donated another M50,000 to the Pan-African Presbyterian Men’s Fellowship (PAPMF) Southern Chapter conference, hours after M100,000 donation to Botha-Bothe Camp Primary School. In his keynote address at the conference, Prime Minister Matekane revealed his relationship with the men’s fellowship, ”Banna le Bahlankana ba Kereke” and stated that it began when he celebrated his birthday earlier this year at Mants’onyane. He said his involvement with the fellowship is part of concerted efforts to promote unity amongst Basotho. “My physical presence here is to confer that Banna le Bahlankana have brought honour home.…

The Permanent Mission of the Republic of Equatorial Guinea to the United Nations, headed by Ambassador and Permanent Representative Anatolio Ndong Mba, actively participated in the official closing ceremonies of the 80th session and the opening of the 81st session of the UN General Assembly. The Equatorial Guinean delegation also included Deputy Permanent Representative Juan Mbomio Ndong Mangue, along with a large contingent of diplomatic staff in New York. The day began at 11:00 am with the closing session of the eightieth session.…

The government on Tuesday demanded that large digital platforms, such as Meta, pay taxes in Equatorial Guinea on the profits they obtain from their activity in the country, following the model already applied in other countries around the world. The Vice President of the Republic, SE Nguema Obiang Mangue, led this working session at the People's Palace in Malabo, the objective of which was to define the Executive's position on similar situations and to open negotiations with digital service distributors so that they contribute to the coffers of the Equatorial Guinean State.…

The Chairperson of the Portfolio on Police, Mr Ian Cameron, will open a case about serious injuries sustained by South African Police Service (SAPS) dog Sky and he has referred the circumstances surrounding the injuries to the National Society for the Prevention of Cruelty to Animals (NSPCA) and the South African Veterinary Council. Sky is a Belgian Shepherd previously used by SAPS as an arson-detection dog. According to information provided to Mr Cameron, the dog suffered from severe anxiety and had previously injured herself after escaping from a kennel. Relevant SAPS management officials were allegedly warned repeatedly that continued confinement placed Sky at risk.…