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African markets and business updates

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

DR Congo: Anger after rebel massacre in Ituri

Africanews EN · 09 May 2026 · 08:21

Islamic State-linked rebels have killed at least 36 people in two days of attacks in the northeastern Democratic Republic of Congo, local and security sources said Thursday

Rivals vow to take down Ramaphosa after court clears impeachment probe

Africanews EN · 09 May 2026 · 06:57

Julius Malema, the leader of the opposition Economic Freedom Fighters (EFF), has called for Ramaphosa to immediately resign and for impeachment proceedings against him to begin

Burundi to hold presidential elections on May 3 next year

Africanews EN · 08 May 2026 · 20:05

Burundi will hold presidential elections on May 3 next year, the electoral commission announced Friday, during a meeting boycotted by the opposition.

Chad sentences eight opposition leaders to prison and bans coalition

Africanews EN · 08 May 2026 · 19:07

Chad jails eight opposition leaders for eight years as Supreme Court dissolves anti-Deby coalition

Top Ten Stockbrokers for the week ended 08-05-2026

NGX · 08 May 2026 · 18:48

Top Ten Stockbrokers for the week ended 08-05-2026

NGX · 08 May 2026 · 18:48

AGF warns that Nigeria may reject delayed World Bank loans

Premium Times Nigeria · 08 May 2026 · 18:12

Accountant-General says prolonged approval and disbursement timelines could affect Nigeria’s willingness to proceed with World Bank loan arrangements.

France moves to repair ties with Algeria as ambassador returns to Algiers

Africanews EN · 08 May 2026 · 18:12

France is making a fresh effort to mend relations with Algeria, in what appears to be a significant diplomatic reset after months of tension.

Nigeria’s power plants operated at 31% capacity in April — NERC

Premium Times Nigeria · 08 May 2026 · 18:12

The April data reinforce the longstanding structural challenge in Nigeria’s electricity sector, where installed generation capacity remains significantly higher than the actual available and dispatchable power.

FirstHoldCo targets ₦1tn capital base in aggressive balance sheet push

Premium Times Nigeria · 08 May 2026 · 17:36

Under Mr Otedola’s chairmanship of FirstHoldCo, the group has tightened internal prudential standards and appointed new boards for non-banking subsidiaries to enhance corporate governance.

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