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African markets and business updates

Latest headlines from African markets, companies, and business sources.

NAAPE urges FG, NCAA, NMDPRA to address Jet A1 crisis over safety concerns

Premium Times Nigeria · 10 May 2026 · 15:13

The pilots and engineers’ union says persistent aviation fuel supply disruptions are increasing operational pressure on airlines and raising concerns over flight safety and crew fatigue.

Global food prices nudge up, but we are not at crisis levels

Daily Maverick - Business Maverick · 10 May 2026 · 14:18

, which presents the writer’s personal point of view. The views expressed are those of the author/authors and do not necessarily represent the views of Daily Maverick. Amid international concerns over supply disruptions due to geopolitical tensions and weather patterns, current agricultural supplies remain ample, preventing a crisis but leaving future stability uncertain. Wandile Sihlobo is chief economist of the Agricultural Business Chamber of SA (Agbiz). Follow him on Twitter: @WandileSihlobo South Africa is still experiencing mild food price inflation, with the latest food inflation print easing to 3.4% in March 2026 (from 3.7% in February). However, the fears of generally higher food pr

New opposition coalition rallies in Togo

Africanews EN · 10 May 2026 · 13:05

A new coalition of major Togolese opposition parties and civil society groups held their first meeting Saturday, to relaunch protests against constitutional changes they say allow Faure Gnassingbe to consolidate power

Hantavirus: First passengers disembark stricken cruise ship

Africanews EN · 10 May 2026 · 11:51

Spanish nationals were the first to leave the ship, which was anchored off Tenerife. They will be under quarantine when they reach Madrid, Spanish health authorities say

Macron tours East Africa in break with 'Francafrique' strategy

Africanews EN · 10 May 2026 · 11:13

President Emmanuel Macron on Saturday embarks on a visit to Africa aimed at renewing France's engagement with the continent after years of strained ties with former French‑speaking colonies

Benin opposition joins ruling coalition

Africanews EN · 10 May 2026 · 10:05

The Cowry Forces for an Emerging Benin (FCBE), which is considered a moderate party, was the only opposition group in the election running against the outgoing majority

Condemnation and support after Niger bans French broadcasters

Africanews EN · 10 May 2026 · 08:40

The National Observatory of Communication, the West African nation's media regulatory authority, said in a statement late Friday that the suspension of France 24, RFI, France Afrique Média, LSI Africa, AFP, TV5 Monde, TF1 Info, Jeune Afrique and Mediapart was necessary to “preserve peace''

Mozambique’s economy is failing: the tough policy choices that need to be made urgently

The Conversation Africa - Business & Economy · 10 May 2026 · 08:17

Mozambique is not in total crisis – but it faltering. There has been no currency crash, no hyperinflation, no bank run. But over the past decade the main indicators of the country’s economic health have severely eroded. in early 2026 was remarkably blunt: public debt is unsustainably high, the external balance of payments is weak, and policy makers have limited options. Since then, tensions in the Middle East have further disrupted supply chains and dramatically raised global fuel prices. This is a major shock for small import-dependent economies, like Mozambique. My analysis draws on over two decades of experience supporting economic research and policy analysis in the country. Currently, m

Nigeria’s OAGF clarifies “6 months ultimatum” to World Bank

Premium Times Nigeria · 10 May 2026 · 08:06

The AGF emphasised that the facilities being accessed by Nigeria were loans and not grants.

Mali: Hundreds rally to show support for beleaguered army leader

Africanews EN · 10 May 2026 · 07:28

Hundreds of supporters of the Malian junta gathered at a stadium in the capital of Bamako on Saturday to reaffirm their support for Mali's transitional authorities

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