African markets and business updates

Today in the Korean capital Seoul, President Abdel Fattah El-Sisi participated in a roundtable meeting with the Chief Executive Officers of major companies and representatives of the business community in the Republic of Korea. The meeting was held on the sidelines of the President’s state visit to the Republic of Korea. Spokesman for the Presidency Ambassador Mohamed El-Shennawy said twenty-three leading Korean companies took part in the meeting, during which President El-Sisi lauded the firm economic and investment partnership between the Arab Republic of Egypt and the Republic of Korea.…

Representing H.E. Mahmoud Ali Youssouf, Chairperson of the African Union Commission, H.E. Amb. Selma Malika Haddadi, Deputy Chairperson, participated in the opening ceremony of the African Seed Summit, held on 6 October 2026 in the Kingdom of Eswatini, graced by His Majesty King Mswati III. The ceremony brought together African Union leadership, the Government of the Kingdom of Eswatini and key stakeholders, ahead of the Ministerial Session. Held under the theme “Resilient Seed Systems for a Food-Secure Africa,” the Summit reflected the African Union’s commitment, in line with the Executive Council’s decision, to deepen engagement and investment in Africa’s seed sector.…

The Ministry of Labor and Social Welfare branch in the Gash Barka Region has provided educational materials worth about 200,000 Nakfa to students from families facing socio-economic challenges. Mr. Tesfagebriel Gebreselasie, acting head of the Ministry’s regional branch, said that the 1,720 beneficiary students were from the region’s 16 sub-zones and had been identified by their respective local administrations. Mr. Tesfagebriel further stated that the support aimed to enable disadvantaged students to continue their education without interruption due to a lack of educational materials.…

The African Energy Week (AEW) 2026 Conference and Exhibition, returning for its biggest edition yet from October 12-16, is preparing to welcome over 10,000 delegates to Cape Town, reinforcing its position as the premier platform to do business in African energy. More than a conference, AEW has evolved into an African energy movement designed to advance projects, facilitate partnerships and mobilize investment across the entire energy value chain. The 2026 edition is gearing up to be the most impactful to date, convening international investors, African governments, leading operators and technology developers for five days of dialogue and deals.…

The Canada-Africa Chamber of Business ( www.CanadaAfrica.ca ) is pleased to announce that the 7th Canada-Africa Business Conference will take place in Windhoek, Namibia, from 2–4 February 2027, under the headline sponsorship of B2Gold. The program opens with a site visit to B2Gold's Otjikoto operations on 2–3 February, followed by a full conference day on Thursday, 4 February — in the days immediately preceding the Investing in African Mining Indaba in Cape Town. The Conference is anticipated to be the largest event the Chamber has convened on the African continent in its 33-year history.…

Following a meeting with H.E. President Cyril Ramaphosa, the Coca-Cola system ( www.Coca-ColaCompany.com ) today announced a R500 million public-private partnership aimed at helping address South Africa’s growing water infrastructure challenges and strengthening long-term water security. This non-revenue water (NRW) initiative was developed in collaboration with Coca-Cola Beverages Africa, the World Bank Group’s 2030 Water Resources Group (2030 WRG) - which received funding from The Coca-Cola Foundation - the Platform for a Water Secure Gauteng, the Department of Water and Sanitation (DWS), Rand Water Services, Global Water Challenge (GWC), and the City of Tshwane.…

Fortuna Mining’s Séguéla gold mine produced 33,744 ounces of gold in the third quarter of 2026, down from previous quarters due to operational disruptions. The mine remains on track to meet its 2026 production guidance of 160,000 to 170,000 ounces, after producing 117,443 ounces ...

During his working visit to the Republic of #Mauritius, the Chairperson of the African Union (AU) Commission, H.E. Mahmoud Ali Youssouf, held fruitful meeting this morning with H.E. Mr. Jean Yvan Robert Hungley, Acting President of the Republic of Mauritius, The Chairperson expressed his appreciation for the warm hospitality extended to him & his delegation during their visit. During the meeting, the Chairperson commended Mauritius for its political stability, democratic institutions, economic transformation & strong culture of institutional credibility, describing the country as an inspiring example for Africa.…

MNT-Halan is offering 20% of its Egyptian subsidiary, MNT Tech Holding, for 7.84 billion Egyptian pounds ($149.7 million), marking the largest Cairo Stock Exchange IPO since 2021. The IPO values MNT Tech Holding at 39.2 billion Egyptian pounds ($745 million) and targets mainly institutional ...

H.E. Mahmoud Ali Youssouf, Chairperson of the AU Commission, was received today by H.E. Mrs Marie Arianne Navarre-Marie, Acting Prime Minister & Minister of Gender Equality and Family of #Mauritius, during his working visit. The Chairperson expressed appreciation for the warm hospitality & highlighted Mauritius’ well-developed financial services & trade infrastructure as an appropriate setting for the launch of the Africa Credit Rating Agency (AfCRA). Their discussions underscored AfCRA’s role in strengthening Africa’s financial architecture, improving access to capital & reducing borrowing costs.…