It's time now for our market update, where we look at the latest developments shaping business, markets and the economy across Africa and beyond. Joining to take us through some of these stories is Viv Govender, Senior Analyst and Portfolio Manager at RandSwiss....

Talking Points:

-Oil prices have fallen to their lowest level since before the recent U.S.-Iran conflict, easing concerns over supply disruptions and offering potential relief for fuel-importing economies.

-Nigeria's Securities and Exchange Commission (SEC) has halted the marketing of the proposed Dangote Refinery initial public offering (IPO) pending regulatory approval, delaying what could become one of Africa's biggest stock market listings.

-Ghana is nearing the completion of its debt restructuring after launching a mandatory bond swap, a key step towards restoring fiscal stability.

-Botswana says it is seeing early signs of a recovery in global diamond demand, offering support to its mining-dependent economy.

-The IMF says it is ready to support African economies facing potential economic fallout from rising tensions in the Middle East.

-The Nairobi Securities Exchange has launched options on futures contracts, marking a milestone in the development of Kenya's derivatives market.

-SpaceX's valuation is under pressure amid a broader technology sell-off, reflecting weaker investor sentiment towards high-growth companies.