African markets and business updates

The Lagos State Government, through the Lagos State Wastewater Management Office (LSWMO), has proposed new rates and charges for wastewater and faecal sludge management across the state.

Premier League clubs have spent over a combined €2.7 billion on player transfers this summer, exceeding the total amount spent by clubs in Spain's La Liga, Germany's Bundesliga and Italy's Serie A combined, according to data from Transfermarkt.

Abuja, Nigeria’s capital, is increasingly becoming a hub for luxury dining, as a growing population of affluent residents, diplomats, expatriates and corporate executives fuels demand for premium hospitality experiences.

Artisanal gold mining in Congo draws a highly mobile workforce as miners travel across the region in search of gold, and between mining areas and population centers to trade the mineral

SITC Logistics held its 2026 Depot Annual Meeting in Shanghai on 13 August. The meeting brought together SITC Chairman Yang Xianxiang, SITC CEO Xue Mingyuan and SITC Logistics President Lai Zhiyong. Representatives from the company’s depots and other SITC Logistics units also attended. Focus on sustainable depot growth Yang encouraged the depots to combine healthy […]

Tony Elumelu has said Nigeria’s oil production losses have fallen sharply from 97% before President Bola Tinubu assumed office in 2023 to 2% as of June 2026.

More than 10,000 hectares of Ruvubu National Park have been destroyed by bushfires. Understaffed and under equipped, park rangers are constantly battling the flames with little success

CK Hutchison’s $1.5 billion claim against Panama is less a lawsuit than a demonstration and the industry watching it learn the lesson is bigger than the Canal. On 20 August, CK Hutchison Holdings filed a fourth legal front against Panama, seeking more than US$1.5 billion in treaty-arbitration damages over the loss of the Balboa and […] CK Hutchison’s $1.5 billion claim against Panama is less a lawsuit than a demonstration and the industry watching it learn the lesson is bigger than the Canal. On 20 August, CK Hutchison Holdings filed a fourth legal front against Panama, seeking more than US$1.5 billion in treaty-arbitration damages over the loss of the Balboa and Cristóbal terminals.…

The Nigerian equities market has shed N5.9 trillion in market value in a punishing two-week sell-off, with market capitalisation tumbling from a month-high N160.42 trillion on Monday, August 10, 2026, to N154.53 trillion on Friday, August 21.

Response teams in Ituri and North Kivu provinces have faced intense mistrust, fueled by rumors and misinformation, in a region also torn by violence from multiple armed groups