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African markets and business updates
Latest headlines from African markets, companies, and business sources.
Absa’s Shirley Webber Joins African Mining Week (AMW) Advisory Board to Drive African Mining Investment
Africa Energy Chamber · 19 May 2026 · 09:01
Absa’s Shirley Webber Joins African Mining Week (AMW) Advisory Board to Drive African Mining Investment
Africa Energy Chamber · 19 May 2026 · 09:01
Shirley Webber, Managing Principal and Coverage Head for Resources & Energy at Absa Bank, has joined the advisory board of African Mining Week (AMW) 2026 – The Most Influential Mining Conference in Africa. Webber’s appointment strengthens AMW’s mission to mobilize the capital needed to unlock Africa’s vast mineral wealth and cement the continent’s role as a cornerstone of resilient global supply chains. As an advisory board member…
Mining Services Companies Drive Africa’s Next Phase of Industrial Mining Growth
Africa Energy Chamber · 19 May 2026 · 09:00
Mining Services Companies Drive Africa’s Next Phase of Industrial Mining Growth
Africa Energy Chamber · 19 May 2026 · 09:00
African Mining Week (AMW) – taking place on October 14 to 16 in Cape Town - will highight the growing role of mining services companies as critical enablers of Africa’s transition from resource - rich to project - ready. As the continent works to unlock an estimated $8.5 trillion in untapped mineral wealth, these firms are emerging as key drivers of capital mobilization, technical delivery and accelerated project timelines. A structural shift is underway.…
Why Africa's next great startups will be built on judgment, not just code
African Business · 19 May 2026 · 08:38
Why Africa's next great startups will be built on judgment, not just code
African Business · 19 May 2026 · 08:38
Browse startup apps emerging from Lagos, Nairobi or Tunis, watch the latest demo days on YouTube, or open a founder's pitch deck, and a familiar pattern quickly emerges: everything looks remarkably similar. That sameness is no accident. It is the global signature of AI-generated software. At Microsoft, between 20% and 30% of new code is now written by AI. Coinbase says 40% of its codebase comes from AI tools. Robinhood's CEO claims most of the company's new code is machine-generated.…
Africa's Digital Century
African Business · 19 May 2026 · 08:26
Africa's Digital Century
African Business · 19 May 2026 · 08:26
Technology, infrastructure and demographics are converging to position Africa as one of the world's most compelling long-term growth markets
Ubuntuverse Institute Launches Field-Defining PlayBook to Unlock Africa’s $3 Trillion Green Industrial Opportunity
Africa Energy Chamber · 18 May 2026 · 19:25
Ubuntuverse Institute Launches Field-Defining PlayBook to Unlock Africa’s $3 Trillion Green Industrial Opportunity
Africa Energy Chamber · 18 May 2026 · 19:25
The Ubuntuverse Institute ( ) today released The 3 Trillion Corporate Advocacy PlayBook: Africa’s 10× CAMPs Accelerating Just Clean Energy’s Green Industrialisation, a field-defining framework charting how corporate actors can unlock the continent’s $3 trillion clean energy opportunity. Drawing on evidence from the IEA, IRENA, the African Development Bank, the African Union and BloombergNEF, the PlayBook identifies a $2.25 trillion private investment gap that, if closed…
Mining Review Africa webinar on African mining skills shortage now available on demand
Africa Energy Chamber · 18 May 2026 · 17:58
Mining Review Africa webinar on African mining skills shortage now available on demand
Africa Energy Chamber · 18 May 2026 · 17:58
Vuka Group’s Mining Review Africa ( ) recent webinar on workforce development in the mining sector is now available to watch on demand for free. Titled Learning curves: Addressing the skills shortage in African mining , the webinar brought together leaders from industry and academia to discuss the growing skills gap facing Africa’s mining sector and the practical steps needed to prepare a future-ready workforce. As mining operations continue to evolve through digitalisation…
Merck Foundation Chief Executive Officer (CEO), Dr. Rasha Kelej, emphasizes the transformative power of creativity in driving social change through their ‘Fashion and Art with Purpose’ Community
Africa Energy Chamber · 18 May 2026 · 16:47
Merck Foundation Chief Executive Officer (CEO), Dr. Rasha Kelej, emphasizes the transformative power of creativity in driving social change through their ‘Fashion and Art with Purpose’ Community
Africa Energy Chamber · 18 May 2026 · 16:47
Merck Foundation ( www.Merck-Foundation.com ), the philanthropic arm of Merck KGaA Germany, marks World Art Day 2026 through their Pan-African “Art and Fashion with Purpose” community , established by Dr. Rasha Kelej, CEO of Merck Foundation . On this occasion, the Merck Foundation also proudly celebrates the 6-year anniversary of this impactful community, which continues to harness the power of art and fashion to address critical health and social issues in Africa and beyond. Senator Dr. Rasha Kelej (Ret.)…
Africa Finance Corporation Approves US$100 Million Commitment to Africa-Focused Technology Fund Managers to Accelerate Africa’s Digital Industrialisation
Africa Energy Chamber · 18 May 2026 · 16:02
Africa Finance Corporation Approves US$100 Million Commitment to Africa-Focused Technology Fund Managers to Accelerate Africa’s Digital Industrialisation
Africa Energy Chamber · 18 May 2026 · 16:02
Africa Finance Corporation (AFC) ( www.AfricaFC.org ), the continent’s leading infrastructure solutions provider, today announced that its Board has approved a commitment of up to US$100 million to invest in Africa-focused technology fund managers. The launch comes at a pivotal moment for Africa. The continent’s digital economy is projected to contribute over US$700 billion to GDP by 2050, driven by a fast-growing, digitally connected population and accelerating enterprise adoption of technology.…
WHO declares Ebola outbreak an international health crisis
African Business · 18 May 2026 · 14:59
WHO declares Ebola outbreak an international health crisis
African Business · 18 May 2026 · 14:59
The World Health Organisation has declared the Ebola outbreak caused by Bundibugyo virus in the Democratic Republic of Congo (DRC) and Uganda "a public health emergency of international concern". The WHO said that as of 16 May, eight laboratory-confirmed cases, 246 suspected cases and 80 suspected deaths have been reported in Ituri Province of the DRC across at least three health zones, including Bunia, Rwampara and Mongbwalu.…
Real or fake? Inside Nigeria's counterfeit goods crisis
African Business · 18 May 2026 · 12:41
Real or fake? Inside Nigeria's counterfeit goods crisis
African Business · 18 May 2026 · 12:41
Fake drugs, fraudulent alcohol and even counterfeit bottled water are among the dubious goods behind a public health crisis in Nigeria.