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African markets and business updates

Latest headlines from African markets, companies, and business sources.

We are positioning Lagos as Africa's investment gateway

African Business · 06 Jun 2026 · 08:48

Ahead of Invest in Lagos 3.0, Lagos State's Commissioner for Commerce, Cooperatives, Trade and Investment, Folashade Ambrose-Medebem, tells African Business why the state believes it is emerging as the continent's most compelling destination for global capital.

Lagos is betting big on its future

African Business · 06 Jun 2026 · 08:37

As Lagos prepares to host Invest in Lagos 3.0 in June 2026, Governor Babajide Sanwo-Olu speaks to African Business about infrastructure, industrialisation, technology and why he believes the megacity is becoming Africa's most compelling investment destination.

Eritrea: Seminar to Nationals in The Hague

Africa Energy Chamber · 05 Jun 2026 · 18:17

Mr. Negassi Kassa, Eritrea’s Ambassador to the European Union and Benelux countries, conducted a seminar for nationals in The Hague, the Netherlands, on 31 May. At the seminar, Ambassador Negassi provided an extensive briefing on the objective situation in the homeland, as well as regional and global developments, and called on nationals to strengthen organizational capacity and participation in national affairs. Ambassador Negassi further noted that in this volatile time…

Eritrea: Training on Photography and Video Production

Africa Energy Chamber · 05 Jun 2026 · 18:16

The Ministry of Information has provided two months of theoretical and practical training on photography and video production to its members and partner institutions. At the concluding event of the training on 4 June, Mr. Abdullahi Mohammed-Nur, head of human resources development at the Ministry, said that the Ministry of Information is regularly organizing training programs aimed at enhancing the capacity of its members and developing media production in content and quality.…

Dr. Rasha Kelej Merck Foundation Chief Executive Officer (CEO) and African First Ladies release “Rays of Hope” Animation Film and Storybook to Raise Awareness About Childhood Cancer

Africa Energy Chamber · 05 Jun 2026 · 16:17

Merck Foundation together with African First Ladies and Ministries of Health continues to build cancer care capacity by providing around 269 Scholarships of One-year Clinical Training in many oncology sub- specialties, and One year and Two year Post Graduate Diploma and Master Degree of Cancer and Clinical Oncology, Medical Oncology and Pain Management. Merck Foundation is making history in Africa by training the First African Oncologists and First Cancer Care Teams in Countries such as The Gambia, Sierra Leone…

The long read: Drones for development take to Africa's skies

African Business · 05 Jun 2026 · 14:06

In Kamonyi District in Rwanda, the buzz of drones has become a familiar sound. Local start-up Ampere Vision Rwanda is seeking to pioneer agricultural drone services; its quadcopter hovers over the 130 hectares farmed by the Koubite cooperative, gently spraying fertilisers and pesticides onto the crops below. The efficiency of drones is a game changer in an industry where time is money. "With the drone you can do 21 hectares in just one day," says Muyombano Happy Axel, the company's founder.…

United Nations Mission in South Sudan (UNMISS) helps plant hope among youth on World Environment Day

Africa Energy Chamber · 05 Jun 2026 · 12:09

“To me, taking care of the environment also means taking care of ourselves.” Powerful statements like this by 17-year-old student Princess Juliana were shared by hundreds of young people participating in a clean-up and tree planting event at One Primary School in Juba. Organized by the United Nations Mission in South Sudan (UNMISS) to commemorate World Environment Day…

Afreximbank Deepens Engagement with Jamaica to Drive Trade, Investment and Industrialisation

Africa Energy Chamber · 05 Jun 2026 · 11:00

In a move to highlight the strategic importance of the Jamaican market within the Caribbean and the country’s growing role in regional trade and investment, the African Export-Import Bank (Afreximbank or the Bank) ( www.Afreximbank.com ) undertook an inaugural roadshow in Kingston, Jamaica, on 2 June 2026. Organised under the theme, “Empowering Jamaica’s Growth: Catalysing Trade, Investment and Industrialisation through Tailored Afreximbank Solutions…

World Health Organization (WHO) supports reactive yellow fever vaccination campaign and Bundibugyo virus disease (BVD) preparedness in Liberia

Africa Energy Chamber · 05 Jun 2026 · 10:44

Following a confirmed yellow fever case in Porkpa District, Grand Cape Mount County, the Grand Cape Mount County Health Team, with support from World Health Organization (WHO) and the Ministry of Health, conducted a reactive yellow fever vaccination campaign in Grand Cape Mount and Gbarpolu counties. Implemented from 19–23 May 2026, the campaign targeted 133 941 people aged 9 months to 60 years in four districts in the two counties. Of these…

Uganda: Museveni pushes for wealth creation through development programmes

Africa Energy Chamber · 05 Jun 2026 · 10:34

Ugandans have been urged to take advantage of financial development programmes to push themselves forward into the money economy by investing heavily in key sectors like commercial agriculture, Information, communication and technology (ICT), services and manufacturing. According to President Yoweri Museveni, government has already invested Shs1.6 trillion in the Uganda Development Bank…

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