African markets and business updates

Thousands of anime and manga fans gathered in Nairobi for one of Africa’s biggest cosplay conventions, transforming recycled materials, craft skills and imagination into elaborate costumes.

Nigeria’s Federal Executive Council (FEC) has reportedly approved the acquisition and deployment of two new high-throughput communication satellites.

Today in New Alamein City, President Abdel Fattah El-Sisi met with Prime Minister, Dr. Moustafa Madbouly, Minister of Education and Technical Education, Mohamed Abdel Latif, and Minister of Higher Education and Scientific Research, Dr. Abdelaziz Konsowa. Spokesman for the Presidency Ambassador Mohamed El-Shennawy said the meeting discussed recent developments with regard to the work of the Ministries of Education and Technical Education, and Higher Education and Scientific Research, within the framework of ongoing preparations for the launch of the new academic year 2026/2027 across all schools, institutes, and universities in Egypt.…

Angola’s gas industry has entered a new phase of development, creating opportunities for technology providers across gas production, processing, compression and power generation. As the market expands, Caterpillar company Solar Turbines has joined the Angola Oil & Gas (AOG) 2026 Conference and Exhibition as an Associate Sponsor, bringing more than five decades of experience in the Angolan market. Solar Turbines is a global manufacturer of industrial gas turbines, gas compressors and related energy solutions, serving oil and gas and power generation customers worldwide.…

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has graduated and inducted 374 young professionals into its workforce, marking the completion of Cohort 21 of its Graduate Management Accelerator Programme (GMAP), the Bank’s flagship talent development scheme. The ceremony, which was held at Landmark Events Centre in Lagos on Thursday, August 20th, 2025, celebrated […]

Foreign investors appear to be abandoning Nigerian stocks despite a powerful rally that has seen the NGX All-Share Index deliver returns of up to 60% year-to-date at its 2026 peaks, ranking the market among the world's best performers.

The Western Cape Department of Health and Wellness’ Chronic Dispensing Unit (CDU) packs approximately 2 million individual medicine items into an average of 400 000 patient-specific parcels every month. Through the CDU, an average of R42 million of medication a month is distributed to healthcare facilities and approved alternative collection points across the province. By allowing clinically stable patients to collect pre-packaged medication quickly and closer to home, the CDU reduces queues and congestion at healthcare facilities. This gives healthcare workers more time to counsel patients, attend to acute cases and care for people who require clinical attention.…

Merck Foundation celebrates the international recognition of its long-term partner in Burundi and highlights the impact of its partnership in healthcare capacity building, girls’ education and community awareness Merck Foundation ( www.Merck-Foundation.com ) , the philanthropic arm of Merck KGaA Germany, congratulates H.E. Madam ANGELINE NDAYISHIMIYE, First Lady of the Republic of Burundi, on the prestigious international recognition of Fondation Bonne Action Umugiraneza, which she chairs, as the recipient of the 2026 United Nations Population Award in the institutional category.…

Four suspects in the killing of former world champion boxer Zolani Tete were arrested, South African police said Monday.

"If you want to outperform, you have to be a contrarian," says investor Finn Walker. Our new book, How we made it in Africa II: Real stories of entrepreneurs turning opportunity into profit , is available here . The book was recently shortlisted for the Business Council for Africa (BCA) African Business Book of the Year Awards 2026. Monthly free-to-read interview. For access to all our interviews and to support our work, consider becoming a paid subscriber . At just 23, American Finn Walker is already running his own investment firm, Heron Partners, which invests in companies listed on African stock exchanges.…