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African markets and business updates

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

Cross Switch Strengthens Senior Leadership Across the Board as Pan-African Expansion Accelerates

Africa Energy Chamber · 15 May 2026 · 12:27

Cross Switch ( ), the payment technology company driving digital transactions across emerging markets, has appointed four senior leaders since the turn of the year. Together, these arrivals deepen the company’s capabilities across technology, operations and regional growth. The appointments span the executive team and two key regional markets. Jacob Yermalitski, a co-founder, has been promoted to Chief Technology Officer, and Jerome Alfred has joined as Chief Operating Officer, based in Cape Town.…

Lesotho launches National Tuberculosis (TB) Parliamentary Caucus

Africa Energy Chamber · 15 May 2026 · 06:55

To address the high burden of tuberculosis (TB) in the country, the Government of the Kingdom of Lesotho officially launched its National TB Parliamentary Caucus in a high-level event held on Friday, 8 May 2026, in Maseru. The launch was led by the Rt Hon. Speaker of the National Assembly, Tlohang Sekhamane, and attended by the Minister of Health, Hon. ‘Mamokete Ntšekhe, the Global TB Caucus Chairperson, Rt Hon Lord Nick, parliamentarians, heads of diplomatic missions, the Head of TB Caucus in Africa…

African Union (AU) Commission Chairperson Appoints President Obasanjo to Support Peace Efforts in the Horn of Africa

Africa Energy Chamber · 15 May 2026 · 06:43

The Chairperson of the African Union Commission, H.E. Mahmoud Ali Youssouf, has appointed H.E. Olusegun Obasanjo, former President of the Federal Republic of Nigeria, to support AU Commission’s efforts towards peace and stability in the Horn of Africa, Announcing the appointment, the AUC Chairperson stated: “President Obasanjo brings unparalleled experience, wisdom, and credibility to this important assignment”. In this capacity…

France unveils $27bn of commitments at Africa Forward Summit

African Business · 13 May 2026 · 12:31

France announced wide ranging commitments at the Africa Forward Summit in Nairobi, in what Macron described as a "partnership of equals."

Egypt/Sudan • Burhan and Sisi stick to hardline pact in face of refugee crisis

Africa Intelligence · 13 May 2026 · 04:40

Burhan and Sisi stick to hardline pact in face of refugee crisis

Zambia • Hichilema's government ramps up pipeline plans

Africa Intelligence · 13 May 2026 · 04:40

Hichilema's government ramps up pipeline plans

Libya • Haftar's son Okba seeks to build a cyber security profile

Africa Intelligence · 13 May 2026 · 04:40

Haftar's son Okba seeks to build a cyber security profile

Central African Republic • How President Touadéra sidelined nephew Évariste Ngamana in National Assembly

Africa Intelligence · 13 May 2026 · 04:40

How President Touadéra sidelined nephew Évariste Ngamana in National Assembly

Morocco • Phosphate king Mostafa Terrab moves to contain Middle East supply shock

Africa Intelligence · 13 May 2026 · 04:40

Phosphate king Mostafa Terrab moves to contain Middle East supply shock

Nigeria • NNPC's sale of oil blocks takes unexpected turn

Africa Intelligence · 13 May 2026 · 04:40

NNPC's sale of oil blocks takes unexpected turn

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