Africa

On September 23, 2026, the Tigray People's Liberation Front (TPLF) launched an offensive, seizing all airports in Tigray and advancing into Afar and Amhara regions. The TPLF formed the Ethiopian Peoples' Forces Alliance for Survival with six other armed groups, declaring total war against Prime Minister Abiy Ahmed's government. Ethiopian forces are pushing back, with hundreds of casualties reported. Internet and telecoms have been disrupted, and drone strikes destroyed the TPLF's TV station in Mekelle. The conflict follows a 2020-2022 war that killed 600,000 people.

19 reports · 3 sources · Updated Sep 28, 04:07 PM UTC

Transsion Holdings, the Shenzhen-based smartphone maker known as the "King of African Phones," has passed the Hong Kong Stock Exchange listing hearing as of September 25, 2026, clearing a key hurdle for its dual listing. The company plans to start pre-marketing during the week of September 28, aiming to raise between $400 million and $500 million. In the first half of 2026, Transsion reported revenue of 35.43 billion yuan, up 21.85% year-on-year, and net profit attributable to shareholders of 1.773 billion yuan, up 46.22%. The IPO proceeds will fund AI R&D, marketing, and mobile internet services.

13 reports · 8 sources · Updated Sep 28, 05:37 AM UTC

Boreton (01333) signed a non-binding letter of intent with Inhoyi Investments to cooperate on electric mining truck sales agency and mining equipment investment in Zambia, Zimbabwe, and Mozambique. The LOI, valid until September 26, 2036, includes plans for Boreton to appoint Inhoyi as a non-exclusive agent, design and build solar-plus-storage (30MWp solar + 60MWh storage) and mining equipment for sale to Inhoyi, and share mining project profits.

5 reports · 4 sources · Updated Sep 27, 05:20 AM UTC