African markets and business updates

The Court of Arbitration for Sport (CAS) announced Monday that a verdict on Senegal's appeal of the decision to strip them of the Africa Cup of Nations title in favour of Morocco will be delivered at the end of November

A meeting aimed at strengthening the teachers’ association was held in Adi-Keih town on 18 October. At the meeting, attended by association members from 26 schools, Mr. Yohannes Petros, chairman of the association in Adi-Keih sub-zone, highlighted the central role of teachers in developing educational capacity and said that joining the association offers significant benefits to teachers. Noting that organization is power, the participants called on all teachers to join the association. Mr. Beyene Tesfay, head of educational facilities in the sub-zone, called on teachers to serve as role models in efforts to enhance the teaching and learning process.…

Cameroonian telecommunications company Satellite Communications and Network Services (Saconets) plans to increase its share capital by CFA681.2 million through a debt-to-equity conversion reserved for Cenainvest, an investment firm with historical ties to Afriland First Bank. Shareholders are scheduled to vote on the proposal on November 9, 2026, in Yaoundé, according to a meeting notice signed by board chair Ghislaine Kammogne Simo. The notice proposes removing existing shareholders' preferential subscription rights in favor of Cenainvest, followed by a CFA681.2 million capital increase through the conversion of a debt claim into equity.…

Professional military training is essential in developing officers who can adapt, lead and make sound decisions in increasingly complex operational environments. In line with this commitment, General Service Officer (GSO) Cadets at the Kenya Military Academy (KMA) have successfully completed a two-week field training exercise conducted in the general areas of Lanet and Gilgil. The exercise was designed to enhance the cadets’ tactical proficiency through urban warfare operations and exposure to the evolving dynamics of asymmetric warfare, strengthening their combat readiness and ability to operate effectively in demanding operational environments.…

The Commissioner for Economic Affairs and Agriculture of the Economic Community of West African States (ECOWAS), Mr. Dehpue Yenpea Zuo, held a meeting with Togo’s Minister of Environment, Forest Resources, Coastal Protection and Climate Change in Togo on October 9th, 2026. The engagement focused on strengthening cooperation between the ECOWAS Commission and the Togolese government on environmental protection, natural resource management, and sustainable development within the broader framework of regional integration and economic resilience.…

KDF personnel operating from Hoosingo area under the African Union Support and Stabilization Mission in Somalia (AUSSOM) conducted a Key Leader Engagement (KLE) and Civil-Military Cooperation (CIMIC) activity in Hoosingo town, aimed at strengthening relations with the local population and enhancing situational awareness. As part of the outreach, the team conducted a medical camp at Hoosingo Town Dispensary, providing basic medical services to residents. The initiative offered essential healthcare support to the community, with beneficiaries expressing appreciation for the continued assistance and acknowledging the cordial relationship between AUSSOM personnel and the local population.…

Chinese technology company Huawei has proposed digital solutions to modernize Cameroon's electricity generation, transmission and distribution systems, as the government seeks to improve power supply, network performance and access to electricity. The proposals were presented during a meeting with Water and Energy Minister Gaston Eloundou Essomba in Yaounde on Monday, October 19, 2026. According to the Ministry of Water and Energy, Huawei proposed identifying electricity operators' needs and developing digital solutions tailored to their infrastructure and operations.…

The digital gold market, worth US$45–55 billion today, could unlock up to US$700 billion in latent demand, according to new research from World Gold Council and Boston Consulting Group. The report points to substantial untapped appetite among retail investors, with nearly nine in ten surveyed saying they would consider digital gold under the right conditions. …

In parts of the Karamoja region, north-eastern Uganda, the effects of prolonged drought are already visible. Water sources have dried up or fallen to very low levels. Families are travelling further to find water, while pasture continues to deteriorate, putting pressure on livelihoods that depend on livestock and crop production. One of the clearest signs of the worsening situation is Kobebe Dam in Karamoja’s Moroto district, normally a critical source of water for communities and their livestock. This year, the dam has dried up. In Nakidongo, Moroto district, more than 645 households displaced from Kotido District have moved closer to the area in search of water.…

President John Dramani Mahama has set an ambitious target for Ghana: by 2030, the nation aims to end the export of raw mineral ores. This initiative is part of a broader strategy to expand domestic processing, promote industrialization, and create jobs. Addressing the 2026 Mining in Motion Conference, President Mahama outlined the Government’s comprehensive plans …