African markets and business updates

Officials in DR Congo are accusing former president Joseph Kabila of planning a general attack on the country. Kabila on Monday joined forces with the rebel M23 to head a new outfit , taking a more direct role in the insurgency ravaging eastern DRC.

The continent’s urban centres are set to expand by 19mn people annually, or by nearly two Londons a year. But urbanisation is not following a familiar path

The Kenya Defence Forces (KDF) is advancing efforts to strengthen the welfare, dignity and economic empowerment of military veterans through the development of a comprehensive policy framework aimed at improving access to benefits, essential services and post-service support. A committee tasked with developing the Military Veterans Policy, led by the Chief of Compensation and Welfare at Defence Headquarters, Brigadier Rhodah Mwasigwa, paid a courtesy call on the Commander Kenya Navy, Major General Paul Otieno, at Kenya Navy Headquarters to seek his strategic guidance and input on the draft policy. The initiative builds on the enactment of the Military Veterans Act No.…

The Kenya Defence Forces (KDF) continues to strengthen its bond with local communities through compassionate outreach initiatives that inspire hope, promote social inclusion and reinforce the enduring relationship between the military and the people it serves. As part of KDF Day commemorations, personnel from 88 Artillery Battalion and the School of Artillery at Kampi ya Chumvi visited Wazo Huru Primary School, also known as Idéal Libre (Free Mind), in a gesture of solidarity and support for vulnerable learners.…

Strengthening multinational air power cooperation and operational interoperability is critical to enhancing Africa’s capacity to respond swiftly and effectively to humanitarian emergencies and emerging security challenges. The Kenya Air Force (KAF), in partnership with the U.S. Air Forces in Europe and Air Forces Africa (USAFE-AFAFRICA) and the Association of African Air Forces (AAAF) Secretariat, convened a trilateral meeting at KAF Headquarters on 15 October 2026 to advance preparations for the inaugural AAAF Command Post and Field Training Exercise (AAAFEX 2027), scheduled to take place in Nairobi, Kisumu and Busia.…

Africa recorded the world's largest gains in resilience to disasters and everyday risks since 2023, with North Africa posting the biggest increase of five points. Greater internet access and stronger household financial reserves helped improve resilience, particularly in Algeria, Nigeria, Kenya, Egypt and Uganda. Despite these gains, ...

The Chief of the Defence Forces (CDF), General Charles Kahariri, has reaffirmed the Kenya Defence Forces’ (KDF) commitment to operational readiness, troop welfare and military modernisation as key pillars of national security. On the second day of his KDF Day commemorative tour, General Kahariri visited troops deployed under Operation Maliza Uhalifu (OMU) in the Doldol region and personnel and trainees at the School of Military Engineering (SOME) in Archers Post, Isiolo. He was accompanied by the Commander Kenya Army, Lieutenant General David Ketter; Commander Combat Engineers Brigade, Brigadier Maurice Wasomi; and other senior military officers.…

Africa is expanding its railway networks, but differences in track gauges, signaling systems and operating rules continue to complicate cross-border transport. Kenya and Uganda are working to connect their standard gauge railways, while Tanzania still faces costly cargo transfers between its new and older rail networks. Major ...

Norwegian company TGS will reprocess more than 11,000 square kilometers of offshore seismic data in Guinea-Bissau, with results expected in late 2027. The project aims to help oil companies assess Guinea-Bissau's exploration potential, as the country has yet to confirm a commercial oil or gas discovery. Three ...

BADEA plans to provide $20 million and €10 million to finance trade in Cape Verde, with a focus on small and medium-sized enterprises. The financing will prioritize agribusiness, renewable energy and imports of essential goods, but the agreement has yet to be finalized. Cape Verde’s trade deficit widened 4.4% ...