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Ethiopia's MIDROC Gold partners with Austria's CEMTEC to build a 1.25-million-ton annual capacity processing plant in Metekel.

AllAfrica Business • Sep 1, 2026

MIDROC Gold signed an agreement with Austria-based CEMTEC to manufacture, install, and supply machinery for a planned gold processing facility in Ethiopia's Benishangul-Gumuz region.CEMTEC is expected to deliver the processing equipment within one year, enabling… Read full article →

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Cybastion plans a $75 million AI data center and dedicated power plant in Cameroon to bypass grid instability.

IndexPrima • Sep 1, 2026

Virginia-based Cybastion announced a $75 million infrastructure project in Douala, Cameroon, pairing an AI-powered data center with a dedicated power plant.The announcement was made during the first US-Cameroon Bilateral Economic and Commercial Dialogue on August… Read full article →

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Dangote Refinery bans petrol sales to marketers who import fuel, citing substandard blending and brand integrity concerns.

Business AM • Sep 1, 2026

The 700,000-bpd Dangote Refinery has frozen petrol sales to major marketers who continue to import fuel into Nigeria.The refinery alleges importers are blending its high-quality petrol with substandard imported fuel, making product tracing impossible. Read full article →

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Botswana's inflation fell to 9.4% in July 2026 but is projected to stay above target until 2027.

AllAfrica Business • Sep 1, 2026

The Bank of Botswana announced that headline inflation eased to 9.4% in July 2026, down from 10.7% in June.Governor Lesego Moseki attributed the drop to a domestic fuel price cut on July 7, which lowered… Read full article →

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Capitec secures approval for a secondary listing on A2X Markets to enhance liquidity and expand trading venues for investors.

Tech Financials • Sep 1, 2026

Retail banking giant Capitec Limited (market cap R540 billion) has announced a secondary listing in South Africa.Capitec shares will become available for trade on the alternative exchange A2X Markets, while keeping its primary listing on… Read full article →

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NSIA Insurance exits its life insurance business to focus exclusively on non-life insurance, transferring its portfolio to CHI Life.

Nairametrics • Sep 1, 2026

NSIA Insurance Ltd. announced the transfer of its life insurance portfolio to CHI Life Assurance Ltd. to focus solely on non-life segments.The National Insurance Commission (NAICOM) has granted approval in principle for the portfolio transfer,… Read full article →

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MTN Nigeria has launched FlyX, a wireless broadband solution targeting areas lacking physical fibre-to-the-home infrastructure.

BusinessDay Nigeria — Technology • Sep 1, 2026

MTN Nigeria has launched FlyX solution which utilizes Outdoor Units (ODUs) paired with indoor equipment to capture 4G and 5G signals, bypassing the high costs of physical fibre deployment.The product is available nationwide through physical… Read full article →

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Nigeria's finance and insurance sector growth slows to 9.29% in Q2 2026 despite raising N5.3 trillion in recapitalisation.

Nairametrics • Aug 31, 2026

Nigeria's finance and insurance sector recorded a real growth rate of 9.29% in Q2 2026, down from 16.13% in Q2 2025.Financial institutions remained the dominant driver of the sector, accounting for 87.22% of total real… Read full article →

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The Impact Investors Foundation will host a forum in Lagos to unlock domestic institutional capital for Nigerian enterprises.

Business Post • Aug 31, 2026

The Impact Investors Foundation (IIF) is hosting its 9th Annual Convening on Impact Investing in Lagos on November 25 and 26, 2026.The event addresses the limited participation of domestic institutional investors including pension funds and… Read full article →

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Paystack has quietly acquired card-issuing fintech Allawee, which will shut down customer account services on December 1, 2026.

TechCabal • Aug 31, 2026

Allawee will deactivate its personal and business accounts and card services on December 1, 2026, following its quiet acquisition by Paystack in 2025.Allawee business customers are being transitioned to Paystack Microfinance Bank (MFB), while retail… Read full article →

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Tanzania's Mkombozi Commercial Bank begins paying 2.4bn/- in dividends to shareholders for the 2025 financial year.

AllAfrica Business • Aug 31, 2026

Mkombozi Commercial Bank PLC has commenced the payout of 2.4bn/- in dividends, equivalent to 100/- per share, as approved by shareholders for the 2025 financial year.Managing Director Respige Kimati urged shareholders to verify their details,… Read full article →

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Spiro appoints Auroasish Choudhuri as Managing Director for West and Central Africa to drive electric mobility expansion.

Innovation Village • Aug 31, 2026

Electric mobility startup Spiro has appointed Auroasish Choudhuri, former CEO of DAG Industries, as its new Managing Director for West and Central Africa.Choudhuri will report to Spiro Mobility CEO Kaushik Burman to oversee regional operations,… Read full article →

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Airtel Kenya applies for two infrastructure licenses to reduce its reliance on third-party networks and compete with Safaricom.

Innovation Village • Aug 31, 2026

Airtel Kenya has applied to the Communications Authority of Kenya (CA) for a Network Facilities Provider (NFP) Tier 1 licence and an International Gateway Systems and Services licence.The NFP Tier 1 licence would allow Airtel… Read full article →

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Google will deduct five percent withholding tax from Kenyan YouTubers' earnings starting September 2026 to comply with local regulations.

Innovation Village • Aug 31, 2026

Google announced it will automatically deduct a 5% withholding tax from the AdSense earnings of Kenyan YouTube creators starting September 2026.Affected creators must submit a verified Kenya Revenue Authority (KRA) Personal Identification Number (PIN) by… Read full article →

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Egypt's Future Care will build an EGP 100 million medical factory targeting exports to Africa and the Gulf.

EnterpriseAM Egypt • Aug 31, 2026

Medical sterilization firm Future Care is planning a new EGP 100 million factory to expand its export capacity to Africa and the Gulf region.The factory will be partially funded by an EGP 57.5 million capital… Read full article →

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Black women-owned Mamor Capital raises $18.6 million first close for its South African tech fund.

Innovation Village • Aug 31, 2026

South African venture capital firm Mamor Capital Ventures secured an $18.6 million (R300 million) first close for its maiden fund.The fund is anchored by the Public Investment Corporation (PIC), alongside the SA SME Fund, Technology… Read full article →

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The CBN will offer N700 billion in Treasury Bills on September 2, 2026, signaling its upcoming monetary policy direction.

Nairametrics • Aug 31, 2026

The Central Bank of Nigeria, on behalf of the Debt Management Office, is offering N700 billion across 91-day, 182-day, and 364-day tenors.The 364-day bill makes up the largest share of the auction at N500 billion,… Read full article →

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Nigeria's SEC reports a smooth transition to the T+1 settlement cycle, improving capital market liquidity and efficiency.

Business Post • Aug 31, 2026

The Securities and Exchange Commission announced that Nigeria's transition to a T+1 capital market settlement cycle is proceeding smoothly with zero defaults recorded so far.The market transitioned from T+3 to T+2 on November 28, 2025,… Read full article →

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Emzor raises $19.8 million via a local bond to fund West Africa's first anti-malarial API manufacturing plant.

Vanguard (Business) • Aug 31, 2026

Nigerian pharmaceutical firm Emzor has raised N26.7 billion ($19.8 million) through a Series 1 Fixed Rate Bond on the FMDQ Group Exchange.The proceeds will finance working capital and complete West Africa’s first full-scale anti-malarial Active… Read full article →

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Pivot Integrated Energy raises N100.08 billion in an oversubscribed commercial paper debut to fund downstream expansion.

Business Post • Aug 31, 2026

Pivot Integrated Energy Services Limited successfully completed its maiden N100 billion Series 1 Commercial Paper issuance, securing N100.08 billion.Pathway Advisors Limited sponsored and advised the transaction, acting as Financial Adviser, Lead Issuing House, and Lead… Read full article →

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South Africa's Nedbank receives approval from the Central Bank of Kenya to acquire up to a 66% stake in NCBA.

Capital FM Business Kenya • Aug 31, 2026

The Central Bank of Kenya (CBK) approved the acquisition on August 28 under Section 13(4) of the Banking Act.NCBA Group was formed in 2019 through a major merger and operates across Kenya, Uganda, Tanzania, Rwanda,… Read full article →

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African startups can apply for up to $1.5 million in funding from the global DIV Fund.

Disrupt Africa • Aug 31, 2026

The global DIV Fund has opened applications for tech startups addressing social and economic challenges in developing countries.Funding is divided into three stages: up to $200,000 for early-stage testing, up to $750,000 for scaling, and… Read full article →

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South Korea approves a $170 million concessional loan to build Tanzania's first dedicated AI and digital technology institute.

IndexPrima • Aug 30, 2026

The loan was approved on August 23 by South Korea’s Economic Development Cooperation Fund (EDCF) to finance Tanzania’s first physical artificial intelligence and digital technology campus.The capital covers construction of classrooms, an AI lab, and… Read full article →

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Egypt mandates stricter electricity billing audits, unified payment plans, and a 72-hour replacement limit for faulty meters nationwide.

Daily News Egypt (Business Section) • Aug 30, 2026

Egypt's Minister of Electricity, Mahmoud Esmat, ordered distribution companies to implement photographed meter readings to eliminate unverified consumption estimates.A unified installment system will be established across all distribution companies to help citizens settle outstanding balances… Read full article →

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CPPE urges NMDPRA to restrict fuel imports to verified shortfalls to protect local refining investments.

Nairametrics • Aug 30, 2026

The Centre for the Promotion of Private Enterprise (CPPE) has called on the NMDPRA to limit petroleum import permits only to independently verified domestic supply deficits.CPPE recommended that qualified local refiners be given a defined… Read full article →

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The Nigerian Communications Commission is urging local websites and software developers to adopt Universal Acceptance standards for digital inclusion.

Innovation Village • Aug 30, 2026

The Nigerian Communications Commission (NCC), in partnership with ICANN and Upperlink, hosted a workshop in Lagos advocating for system-wide upgrades to meet Universal Acceptance (UA) standards.Universal Acceptance ensures that all valid domain names and email… Read full article →

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Egypt's Financial Regulatory Authority has proposed a phased roadmap to implement international sustainability disclosure standards for non-banking financial markets.

Daily News Egypt (Business Section) • Aug 30, 2026

Egypt's Financial Regulatory Authority (FRA), in partnership with the EU and UNDP, hosted a workshop to review a draft roadmap for adopting IFRS Sustainability Disclosure Standards.The proposed framework features a phased rollout starting with simplified… Read full article →

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Egypt's Minapharm secured $16.5 million from CEPI to advance its experimental Bundibugyo ebolavirus vaccine into clinical trials.

IndexPrima • Aug 29, 2026

The Coalition for Epidemic Preparedness Innovations (CEPI) is providing up to $16.5 million to Egyptian biopharmaceutical firm Minapharm Group.The funding will support preclinical development and Phase 1 clinical trials in Africa for a vaccine targeting… Read full article →

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Nigeria launches a ₦365 million National Laureate Prize to fund and commercialise outstanding academic research in tertiary institutions.

Innovation Village • Aug 30, 2026

Minister of Education Tunji Alausa announced the ₦365 million Tertiary Institutions National Laureate Prize to reward outstanding research across Nigeria.The prize structure allocates up to ₦100 million for individual doctoral research, ₦50 million for master's,… Read full article →

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Egypt's Labor Ministry requires private companies with ten or more employees to establish customized internal workplace regulations.

EnterpriseAM Egypt • Aug 30, 2026

Egypt's Labor Ministry has launched new rules requiring private-sector establishments with at least 10 workers to draft customized internal workplace regulations tailored to their circumstances.The drafting process mandates that companies consult workers and experts, submit… Read full article →

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