African markets and business updates

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.…

South Africa's sports minister has congratulated Rwanda, which would be the first African country to host an F1 Grand Prix since 1993. Rwanda looks set to host Africa's first Formula One (F1) Grand Prix in more than three decades after South Africa's arts, sports and culture minister conceded that the country has pipped his nation to

India’s Foreign Minister Subrahmanyam Jaishankar began a four-day African tour focused on trade, investment, digital cooperation and skills development. Ghana remains a key economic partner, with Indian companies recording 818 projects worth $1.92 billion between 1994 and September 2024. India’s trade with Côte d’Ivoire ...

Egypt and Tanzania plan to develop a multimodal logistics corridor linking Red Sea ports to Dar es Salaam and landlocked African markets. The project includes a multipurpose terminal at Dar es Salaam port, maritime links, railway connections and logistics zones between both countries.

Angola has strengthened its cybersecurity framework through new regulations, national strategies and dedicated institutions, but still lacks sufficient technical and operational capabilities. The country created the National Cybersecurity Council and National Cybersecurity Centre in December 2025 to improve prevention, monitoring and incident response.

The Cabinet Secretary for Health, Hon. Aden Duale, has reassured Kenyans that the country is not experiencing an Ebola outbreak. He gave the assurance during a tour of Nairobi Hospital’s 133-bed Ebola Isolation Unit, following confirmation of one imported case from the Democratic Republic of Congo. The patient died on 6 October 2026 . Health authorities have identified 57 contacts linked to the case. Ten have been accounted for and placed under quarantine at the National Police Service Hospital in Nairobi. Efforts to trace and follow up with the remaining contacts are ongoing.…

The Transformation Resource Centre (TRC) new strategic direction focuses on the advocacy of human rights in areas of agriculture and women empowerment amongst others for the next three years. Speaking with the Agency, the newly elected Chairman of the board, Mr. Baba Malephane said the strategic direction is part of the human rights organisation advocacy on agriculture seeking to support government efforts aligned to National Strategic Development Plan (NSDP) II review extension aimed at alleviating poverty through increased agricultural production.…

Gambia’s state utility NAWEC has added 21 MW of new generation capacity at the Brikama power plant as part of a broader 31.5 MW expansion plan. The country’s electricity access rate has reached nearly 90%, up from 73%, driven by grid expansion projects supported ...