African markets and business updates

nal Salt Lake City International Airport will open the final seven gates of its $5.1 billion redevelopment on Tuesday, October 27, formally completing a rebuild that began in 2014. The opening is a scheduled milestone, not a surprise. But it closes one of the more difficult infrastructure projects in modern U.S. aviation: replacing an entire […]

Indonesian electric vehicle manufacturer PT Marlip Indo Mandiri has signed a cooperation agreement with Cameroon-based Ingenium SARL to establish a presence in the Cameroonian market. According to the Indonesian Embassy in Yaoundé’s 2025 activity report, the partnership covers the licensing, marketing, sale and maintenance of Marlip-branded vehicles. The agreement, however, has not yet resulted in a confirmed commercial operation. The embassy lists it among potential business transactions still under discussion, following meetings held alongside Trade Expo Indonesia (TEI) 2025 and the first Indonesia-Cameroon Business Forum.…

The value of dollars traded in Nigeria’s foreign exchange market fell 22.23% to $2.62 billion in the week ended October 16, 2026, from $3.37 billion the previous week, as spot trading slowed and forward transactions dropped sharply.

Ten African startups have been named semifinalists for the Milken-Motsepe Prize in Circular Economy, and will share US$500,000 in unrestricted funding as they compete for the US$1 million grand prize. The Milken-Motsepe Prize is aimed at companies in Africa revolutionising using different technologies to revolutionise the circular economy on the continent. Run by the Milken [...] Ten African startups have been named semifinalists for the Milken-Motsepe Prize in Circular Economy, and will share US$500,000 in unrestricted funding as they compete for the US$1 million grand prize.…

CMA CGM has officially named CMA CGM Lorenzaccio, its latest 15,000 TEU methanol dual-fuel container ship. The vessel joins a series of six CMA CGM containerships named after characters from French literature. Lorenzaccio takes its name from the protagonist of the play by French writer Alfred de Musset. Under the command of Captain Predrag Vojvodic, […] CMA CGM has officially named CMA CGM Lorenzaccio, its latest 15,000 TEU methanol dual-fuel container ship. Source: CMA-CGM The vessel joins a series of six CMA CGM containerships named after characters from French literature. Lorenzaccio takes its name from the protagonist of the play by French writer Alfred de Musset.…

Presentations on the final day of African Mining Week 2026 covered financing, regulation, skills, power and tailings safety across Africa’s mineral value chains. The final day of African Mining Week (AMW) 2026 in Cape Town on Friday featured a series of technical presentations examining what Africa’s mineral value chains require beyond the mine, from financing and regulation to skills, power and tailings safety. Financing Value Beyond the Mine Danie Dörfling-Kruger, Head of Business Development and Marketing at Moore Infinity, opened the day with a presentation arguing that the value of Africa’s minerals is realized in transport corridors and priced in the cost of capital.…

African Collaborations Group (ACG) ( www.ACGafrica.com ), the leading strategic project origination and collaboration platform focused on the industrialisation of sport in Africa through the origination of bankable sport and entertainment district ecosystems, today announced the appointment of NJ Ayuk to its Advisory Board. Mr Ayuk is the Executive Chairman of the African Energy Chamber (AEC), the leading voice of the African energy sector, representing the interests of energy companies, service providers, ministries and public authorities across the continent.…

The cause of the shortages and when supplies will fully return to normal remain unclear, leaving motorists uncertain about when they will be able to fill their tanks without long waits.

Mackenzie also faces separate charges of manslaughter and terrorism, which he denies. The verdict is being closely watched by victims’ families seeking justice three years after the discovery.

Clannit, an estate management platform, will introduce an annual subscription for estates from January 1, 2027, alongside upgrades to its collections, security and administration tools.