Nigeria
Futureview Acquires Stake in Zichis Agro-Allied Industries Plc
FUTUREVIEW Asset Management Limited has acquired a 10.45 percent stake in Zichis Agro-Allied Industries Plc by purchasing 126.97 million ordinary shares, enhancing its influence in Nigeria's agricultural sector. The transaction was completed on November 3, 2026.
Nigeria
Transmission Company of Nigeria Restores Aba–Itu Transmission Line After Outage
The Transmission Company of Nigeria restored the Aba–Itu 132 kV transmission line on Nov. 8 after an outage that began on Nov. 7. This restoration allows the Port Harcourt Electricity Distribution Company to resume electricity distribution to Uyo, Eket, Ekim, and Itu.
Nigeria
Human Creativity Essential for Advertising Industry Amid AI Advancements
Dr. Olalekan Fadolapo of ARCON stated that while artificial intelligence will transform Nigeria's advertising industry, it cannot replace human creativity and strategic thinking. He emphasized the need for a regulatory framework to manage AI's ethical implications and enhance the industry's effectiveness.
Cultural Records of Jindo Folk Life Returned After Four Decades
Jindo County has received 324 records of folk songs and cultural practices, donated by British ethnomusicologist Keith Howard, marking a significant return of cultural heritage after over 40 years. The donation coincided with the '2026 International Conference on Jindo Studies' held from November 6 to 7.
South Africa Faces Growing Challenge of Unclaimed Retirement Benefits
In South Africa, over R51 billion in unclaimed retirement benefits affects more than 4.3 million members, highlighting systemic issues in the retirement system. Proposed reforms aim to improve beneficiary tracing by 2027, emphasizing the need for accountability and financial security for individuals.
Ruwacon Opens Bursary Applications for South African Students in Construction Fields
Ruwacon is inviting South African students to apply for the Ruwacon Bursary Programme 2027, with applications closing on 20 November 2026. The bursary supports undergraduate and postgraduate studies in construction and engineering fields, offering financial aid and practical exposure to the industry.
Egypt Launches First Digital Platform for Virtual Exhibitions and Conferences
The Egyptian Expo and Convention Authority has partnered with Meta Mall to launch Egypt's first digital platform for virtual exhibitions, enhancing the exhibitions industry and promoting Egyptian products while utilizing advanced technologies for managing digital events at the Cairo International Conference Center.
Renewed Interest in Traditional Botanical Practices Reshapes Health Conversations in Africa
Interest in traditional botanical practices is growing in Nigeria as communities seek ways to support wellbeing, with initiatives like "Back to the Roots" aiming to integrate ancestral knowledge with modern science while preserving cultural identity and heritage.
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Gold Prices in Egypt Remain Stable Amid Global Market Fluctuations
The price of 24-karat gold in Egypt remained stable at EGP 7,097 per gram on November 7, 2026, while 21-karat gold traded above EGP 6,200 amid global price declines and fluctuations in the US dollar against the Egyptian pound.
Zambia and Africa Finance Corporation Advance Railway Project to Angola’s Port
Zambia is advancing its 830-km railway link to Angola's Port of Lobito, aiming for financial closure by 2027, with expectations to handle roughly 2 million tonnes of freight annually, enhancing regional trade and logistics.
Investor Interest in Solar Capacity Grows Amid Transmission Challenges in Botswana
Investor interest in over 5 gigawatts of solar capacity in Botswana is rising, but progress is hindered by inadequate transmission infrastructure. The government is working on necessary regulatory frameworks and infrastructure development to facilitate electricity generation and export.
Gambian Honorary Consul Receives Pushkin Medal from Russian President
Momodou Lamin Manga, the Honorary Consul of Russia in The Gambia, received the Pushkin Medal from President Vladimir Putin for his contributions to culture and strengthening ties between The Gambia and Russia during a ceremony at the Kremlin on the Day of National Unity.
Equity Group Reports Significant Profit Increase Amid Rising Greenhouse Gas Emissions
Equity Group Holdings PLC reported a profit after tax of KSh75.5bn, a 55 per cent increase, alongside a 19 per cent rise in greenhouse gas emissions to 39,605 tonnes CO2e in 2025, attributed to business expansion and improved data capture.
Gabon Pursues Partnerships with China in Robotics and Artificial Intelligence
Gabon is seeking partnerships with China to advance its robotics and artificial intelligence sectors, focusing on healthcare, public services, and security. President Brice Clotaire Oligui Nguema's visit to Shanghai emphasized technology transfer and training as Gabon develops its national AI strategy.
Malawi Introduces New Regulations for Solar Energy Grid Integration
Malawi has introduced regulations allowing households and businesses to sell excess solar electricity to the national grid, aiming to enhance electricity supply and stimulate private sector investment. Currently, nine of the 34 pilot phase prosumers are contributing solar power to the grid.
Ghana Pursues Increased Chinese Investment in Mineral Processing and Technology
Ghana is pursuing increased Chinese investment in mineral processing and exploration to enhance local value from its resources, with discussions led by Deputy Minister Sulemana Yusif focusing on collaboration and technical expertise to boost economic growth and job creation.
Demand for Rental Homes in Accra Keeps Asking Rents Elevated
A four-bedroom house for rent in Tesano at USD 1,200 a month reflects strong demand in Accra's residential market, where premium pricing persists for larger homes despite economic fluctuations. The rental sector remains resilient, with potential inventory increases influencing future pricing strategies.
Hurghada Targets Chinese Tourists to Boost Red Sea Tourism Growth
Egypt is promoting Hurghada to Chinese travel buyers to diversify its tourism market, aiming to attract more visitors known for higher spending power. The initiative, led by Deputy Governor Magda Hanna, was highlighted at the International Silk Road Conference from Nov. 2-5.
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Kenya
Manufacturers Advocate for Low-Carbon Cement Adoption in Construction Sector
Local cement manufacturers in Kenya are advocating for low-carbon cement to promote sustainable building practices, highlighted during the Kenya Industrialisation Summit 2026. Bamburi Cement launched DuraCem, which emits 64% less CO₂ than ordinary cement, aiming to enhance production capabilities and support national infrastructure projects.
South Africa
Retirement Planning Shifts as Many South Africans Continue Working and Supporting Families
Many South African retirees are redefining retirement by continuing to work and financially supporting their families, challenging traditional views that they become dependent. This shift highlights the need for retirement planning to adapt to longer life expectancies and rising healthcare costs.
Ghana
Ghana’s Tourism Sector Seeks Infrastructure Improvements and Sustainable Growth Strategies
Ghana's 2026 budget for tourism, arts, and culture shows promise but faces challenges, including poor infrastructure and uneven benefits for small businesses, according to consultant Emmanuel Frimpong. He emphasizes the need for improved data systems and collaboration to enhance the sector's growth and sustainability.
South Africa
Dubai Fashion Week Continues to Shape Global Fashion Trends
Dubai Fashion Week, held from 22 to 26 October 2026, is a vital platform for designers to connect with buyers and distributors, featuring trade-focused events. The next edition will occur from 1 to 6 February 2026, requiring pre-accreditation and visa arrangements for attendees.
Gabon Hosts Business Forum to Attract Chinese Investment for Economic Growth
The Gabonese National Agency for the Promotion of Investments hosted a business forum in Shanghai on November 4, 2026, to attract Chinese investors, focusing on economic cooperation and opportunities in mining, forestry, and energy sectors during President Brice Clotaire Oligui Nguema's state visit to China.
Mastercard Partners with Samsung to Launch Smart Payment Service in Morocco
Mastercard has partnered with Samsung Electronics to launch the smart payment service "Samsung Pay" in Morocco, enabling eligible cardholders to make purchases using smartphones and smartwatches. This initiative aims to enhance the digital economy and promote a culture of digital payments in the country.
Benin Kingdom to Receive Additional Artefacts from Sweden in Repatriation Efforts
The Benin Kingdom will reclaim 40 artifacts from Sweden, as announced by Oba Ewuare II, marking a significant advancement in Nigeria's cultural heritage efforts and reflecting a broader global movement for the restitution of culturally significant items.
Egypt and Slovenia Commit to Strengthening Economic and Scientific Cooperation
Egypt's Prime Minister Mostafa Madbouly has reaffirmed the country's commitment to strengthening economic and scientific cooperation with Slovenia, inviting Slovenian companies to invest in the Suez Canal Economic Zone and proposing agreements for labor mobility and scientific collaboration.
Lesotho
Lesotho Celebrates Sixtieth Independence Anniversary with Cultural Festivities in Beijing
Lesotho celebrated its 60th independence anniversary in Beijing, featuring cultural performances, a fashion show, and remarks from Ambassador Mapaballo ‘Mile, who emphasized national unity and bilateral cooperation with China. The event highlighted Lesotho's cultural richness and commitment to a prosperous future.
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Ghana
Sanjeev Mansotra Foundation Expands Scholarship Program for Young Africans
The Sanjeev Mansotra Foundation has awarded 10 additional scholarships to young Africans, increasing the total to 20, with a focus on inclusivity by including male students for the first time. The initiative aims to empower future leaders in Ghana through accessible education.
Egypt
Central Bank of Egypt Approves New Framework for Third-Party Banking Agents
The Central Bank of Egypt has approved a framework allowing banks to hire third-party agents for specific services, aiming to boost financial inclusion from 76.3% to 80% by FY 2029/30. This initiative will particularly benefit underserved populations and MSMEs.
Nigeria
Nigerian Financial Institutions Explore Integration of Stablecoins and Digital Assets
Nigerian banks and fintech companies are increasingly adopting stablecoins and digital asset services, with Quidax aiming to educate the market over the next five years. Sub-Saharan Africa saw over USD 5 billion in on-chain value from July 2024 to June 2025, with Nigeria as the largest market.
Nigeria
Governor Soludo Opens Annual Conference, Calls for Partnership in Healthcare
Anambra State Governor Chukwuma Soludo opened the 99th Annual National Conference of the Pharmaceutical Society of Nigeria, highlighting the state's lowest out-of-school child rate at 0.25 per cent and over 250,000 beneficiaries of zero-cost antenatal care, urging collaboration to strengthen the health ecosystem.
