African markets and business updates

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

The Centre for the Promotion of Private Enterprise (CPPE) has warned that reversing Nigeria’s economic reforms would damage the economy and urged the government to shift its focus from macroeconomic stabilisation to productivity, jobs and improved living standards.

The CPPE’s comments came five days after the Finance Minister presented the Federal Government’s economic reform scorecard, with the group backing the reforms but urging a shift from economic stability to productivity, investment and improved living standards.

Nearly one in five Nigerian creative professionals spend more than half of their weekly working time on non-creative administrative tasks, limiting the time available for actual creative work, according to a new report by NECLive.

Scientists working in the country are grappling with the degradation of more than 100 million hectares of rangeland and exploring ways to restore degraded ecosystems.

Johann Rupert, South Africa’s richest person, has added $1.3 billion to his fortune in 2026, as his wealth continues to be tied closely to the performance of luxury goods and investment businesses.

Former world champion boxer Zolani Tete has been shot and killed at his home in South Africa, government officials said Friday

Ocean Network Express (ONE) will change its slot arrangement for services connecting China with the Red Sea. The carrier will leave the RCS service operated by Global Feeder Shipping, Regional Container Lines and T.S. Lines. Instead, ONE will take slots on the RES/CRX service operated by CU Lines and Zhonggu Logistics. ONE will market the […]