African markets and business updates

GXO Logistics has expanded its partnership with European retailer Action by opening operations at a new distribution center in Onnaing, northern France. The 80,000 sqm facility is the third Action distribution center managed by GXO in France. It will serve stores in France and Belgium, with capacity to supply up to 290 locations once fully […] GXO Logistics has expanded its partnership with European retailer Action by opening operations at a new distribution center in Onnaing, northern France. The 80,000 sqm facility is the third Action distribution center managed by GXO in France. It will serve stores in France and Belgium, with capacity to supply up to 290 locations once fully operational.…

Tarros Group will restore a direct container shipping connection between Italy and Thessaloniki as part of an expansion of its Mediterranean network. The carrier will deploy the Vento di Maestrale on the service, with the vessel scheduled to depart from Salerno for Thessaloniki. The new Italy–Thessaloniki connection will directly link the Italian ports of Salerno, […] Tarros Group will restore a direct container shipping connection between Italy and Thessaloniki as part of an expansion of its Mediterranean network. The carrier will deploy the Vento di Maestrale on the service, with the vessel scheduled to depart from Salerno for Thessaloniki.…

Capital Maritime Finance Corp. has set the final offer price for its Greek public offering at €7.50 per share after investor demand exceeded €1 billion. The public offering closed on 15 October 2026 and covered 40 million new common registered voting shares. The final price applies equally to qualified investors, cornerstone investors and retail investors. […] Capital Maritime Finance Corp. has set the final offer price for its Greek public offering at €7.50 per share after investor demand exceeded €1 billion. The public offering closed on 15 October 2026 and covered 40 million new common registered voting shares.…

Results of GOG Tender 2029

Brent crude oil prices rose to $110 per barrel on Friday for the first time since May, as renewed attacks on energy infrastructure in the Middle East and Russia heightened supply concerns and weakened prospects for a sustained price decline. The global benchmark gained 3.7%, recording its second consecutive weekly advance as traders increased bets […]

EUROGATE has secured an €82 million loan from KfW IPEX-Bank to develop and test automated container handling systems at its Wilhelmshaven terminal in Germany. The financing will support a pilot project focused on digital technology, autonomous vehicles and terminal automation. EUROGATE aims to improve container handling efficiency, reduce operating costs and lower fuel consumption. The […] EUROGATE has secured an €82 million loan from KfW IPEX-Bank to develop and test automated container handling systems at its Wilhelmshaven terminal in Germany. The financing will support a pilot project focused on digital technology, autonomous vehicles and terminal automation.…

In a statement issued on Friday and signed by its director-general and CEO, Alex Badeh Jr., the NSIB said the missing door has been recovered and secured at its wreckage hangar.

The president hailed the World Bank’s push in an X post on Friday, noting that Nigeria has introduced economic reforms to build a stronger foundation for investment and give more Nigerians the opportunity to earn better livelihoods.

Boluda Towage has inaugurated its new headquarters at Noorderplaats in Antwerp, strengthening its operational base in Belgium and the wider Scheldt region. The facility includes modern office space and a dedicated training simulator designed to support crew development and the onboarding of new employees. Steven De Nijs, Deputy CEO of Boluda Towage Europe, and Filip […] Boluda Towage has inaugurated its new headquarters at Noorderplaats in Antwerp, strengthening its operational base in Belgium and the wider Scheldt region. The facility includes modern office space and a dedicated training simulator designed to support crew development and the onboarding of new employees.…

The impacts of academic exchanges stretch far beyond a university campus. They shape careers, expand research partnerships, create lifelong friendships and, over time, strengthen the ties between countries. That legacy was celebrated on September 29, when the U.S. Consulate General Johannesburg and the University of the Witwatersrand gathered to mark the global 80th anniversary of the Fulbright Program. This year’s anniversary carries an added significance as the United States marks 250 years of independence. Together, the two milestones highlight a shared commitment to opportunity, academic excellence, innovation and the power of people-to-people connections.…