African markets and business updates

Leading scale-up Spiro has secured a landmark $215M investment round backed by major institutional investors including Impact Fund Denmark, and Equitane. With Spiro already operating across seven of Africa’s fastest-growing urban markets, this transaction positions Spiro among the continent’s leading clean infrastructure platforms. This investment will accelerate the expansion of Spiro’s battery-swapping network…

Africans still rank non-African brands as the most admired in Africa, but African brands have rebounded to 15% of the Top 100.

The United States is considering lifting sanctions on Eritrea, as Washington DC seeks to forge a closer relationship with the isolated East African country in the hope of securing stronger commercial and geopolitical influence in the region. The relationship between the US and Eritrea has been fraught for decades, largely over allegations of human rights abuses during the rule of President Isaias Afwerki.…

Africa Centres for Disease Control and Prevention (Africa CDC) ( www.AfricaCDC.org ) is concerned about the recent attack and destruction of a treatment facility serving communities affected by the Bundibugyo Virus Disease, in Ituri Province, Democratic Republic of the Congo. We strongly condemn all acts of violence against health facilities, healthcare workers, patients, and response teams working tirelessly to protect communities and contain the outbreak.…

Africa holds about one‑fifth of the world’s cattle, yet contributes only a small share of global milk production. This contrast has often led policymakers and experts to focus on how to produce more milk through better breeds, improved feeds and stronger value chains. However, new analysis from the 2nd IDF Africa Regional Dairy Conference suggests that a different factor may be even more important: how much dairy do Africans actually consume? In a presentation titled “Rethinking Dairy Development in Africa…

The Ebola outbreak in the Democratic Republic of Congo (DRC) is likely significantly larger and more advanced than official figures suggest, as response efforts struggle with delayed detection and dangerously low levels of contact tracing, the International Rescue Committee (IRC) warned today. With only 20% of contacts currently being traced, health authorities are struggling to identify and isolate new chains of transmission. The virus may have been spreading undetected since before March…

The Chairperson of the Portfolio Committee on Health, Ms Faith Muthambi, has joined South Africans and the international community in commemorating National Cancer Survivor Day, observed annually on 1 June. “Today, we honour and celebrate the courage, resilience and strength of individuals who have faced cancer and continue to live as survivors,” said Ms Muthambi. National Cancer Survivor Day serves not only as a celebration of life, but also as a reminder of the ongoing physical…

RSSB Tigers Become First BAL Champion from Rwanda Tigers Guard Craig Randall II Named 2026 BAL Most Valuable Player, Receives Hakeem Olajuwon Trophy BAL Sets Records Across Attendance, Social Media Engagement, and Partner Support Rwanda’s RSSB Tigers today defeated Angola’s Petro de Luanda 90-88 to win the 2026 Basketball Africa League (BAL) ( ) Championship, which took place at BK Arena in Kigali, Rwanda, and reached fans in 214 countries and territories.…

Sudan is bracing for a rise in child malnutrition as the lean or pre-harvest season starts with the prospects for crop production looking bleak after more than three years of war with conflict ongoing, warned Save the Children. Agriculture accounts for up to 80% of food [1] and income in Sudan, but the conflict, combined with climate pressures, has decimated farming and further declines in cereal production are forecasted [2] ahead of planting starting this month.…

Angolan oil company Etu Energias is making its return to the Angola Oil & Gas (AOG) Conference and Exhibition - taking place September 9-10 with a pre-conference day scheduled for September 8 - as a Champion Sponsor, underscoring its expanding role in the country’s upstream landscape. The sponsorship comes as the company accelerates redevelopment campaigns across mature assets, deepens its offshore portfolio and pursues ambitious long-term growth targets aimed at strengthening Angola’s production outlook.…