African business news summarised in English: companies, finance, energy, agriculture, trade and infrastructure, from the local press. 432 articles published.
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Ghana’s government is launching the Responsible Cooperative Mining and Skills Development Programme in Ahanta West and Mpohor Fiase, in the Western Region. It aims to regulate small-scale mining, protect the environment and help local communities benefit more from resources, according to Deputy Minister for Lands and Natural Resources Yusif Sulemana.
Source: MyJoyOnline
The Renewed Hope Cities housing programme, launched by President Bola Ahmed Tinubu, has received more than 100,000 expressions of interest in Nigeria. More than 2,000 people have already obtained a mortgage and a further 10,000 applications are being processed, while the government is targeting at least 5,000 loans a year, reports the Daily Post.
Source: Daily Post
The Shire Valley Transformation Programme will postpone water delivery to farms in Chikwawa, Malawi, until May 2027. The remaining first-phase works require an additional $197 million, while farmers hope to reduce their dependence on erratic rainfall, reports Mwnation.
Source: Mwnation
Uganda and South Sudan have signed a trade memorandum of understanding to reduce delays, high costs and other obstacles to cross-border trade. Joint technical committees will monitor its implementation, with a roadmap and regular review meetings, according to Nile Post.
Source: Nile Post
The Kenyan motorists’ association is calling for an independent audit of the fuel price increase and the government-to-government oil import arrangement. From 15 October to 14 November, petrol in Nairobi costs 226.96 Kenyan shillings per litre, diesel 227.76 and kerosene 219.87, according to the association cited by Capital FM.
Source: Capital FM
The OPEC Fund for International Development is granting Senegal a €57 million loan, equivalent to 37.4 billion CFA francs, to support agricultural production in ten regions. The funding is expected to benefit nearly 90,000 rural people and strengthen climate adaptation, according to a statement cited by Lesoleil.
Source: Lesoleil
Maputo’s Administrative Court has suspended the award of a $37 million contract to modernise the Machipanda border post. The Mozambican government says, however, that the tender has not been cancelled, following a challenge by competing bidder Safaga International Management, O País reports.
Source: Club of Mozambique
A survey of 67 Malgasy communes shows that their own revenue would cover only 34.7% of their actual needs. This dependence on state subsidies weakens funding for local responsibilities, an issue discussed at a Konstitution’naka conference, according to Lexpress.
Source: Lexpress
All roads on Mauritius were passable and clear after the curfew was lifted at 5am on 15 October. Police said professional activities could resume normally and thanked the public for its cooperation in a statement.
Source: Defimedia
Eswatini’s financial regulator has identified serious shortcomings in the management of the Fairlife Beneficiary Fund, which administers 20 pension funds and related schemes. Its 80% funding ratio, lack of monthly bank reconciliations and absence of a recovery plan are weakening benefits for thousands of beneficiaries, according to the regulator’s investigation submitted to a court file.
Source: Times of Eswatini
Nigeria has attracted more than $380 million in financial commitments to develop industry and its value chains, according to Minister John Enoh. Nigerian engineers are calling for stronger cooperation to improve electricity supply and accelerate the energy transition, Punch reports.
Source: Punch
Ivory Coast is extending to shea the regulatory framework for the cotton and cashew sectors, announced Mamadou Berté, director-general of the Cotton, Cashew and Shea Council. The reform is intended to professionalise the sector and strengthen local processing to increase its economic value, at the first National Shea Exhibition, according to AIP.
Source: Aip
Algeria’s 2027 Finance Bill provides for a levy of 500 dinars per cubic metre on the use and exploitation of Saharan sand. The measure, which would apply in particular to 17 southern wilayas, must still be examined and adopted by Parliament, Algérie 360 reports.
Source: Algérie 360
Nigeria’s Finance Minister, Taiwo Oyedele, says economic reforms must be accompanied by social measures to protect vulnerable people. The federal cash transfer programme has reached more than 10 million households and education assistance more than 1.5 million students, according to a statement from the Ministry of Finance.
Source: Punch
Equatorial Guinea asked the World Bank for more concrete cooperation to address employment and African development challenges. At the meeting in Washington, Ajay Banga defended $119 billion in financing and several continental programmes, according to Realequatorialguinea.
Source: Realequatorialguinea
The Ghana Grid Company has restored electricity to several parts of Accra after a transformer caught fire at the Mallam substation. Technical teams are continuing work to reconnect the remaining areas and replace the damaged equipment, according to a company statement published on 14 October 2026.
Source: Theghanareport
Economy and Finance Minister Gareth Guadalupe has announced a further delay to the oil tanker’s arrival, now expected next week after loading in Lomé and Cotonou. The fuel it is carrying is intended to meet national needs for several months and prevent further shortages, Telanon reports.
Source: Telanon
Eko Power says it is the licensed electricity distributor for southern Lagos State, under the local regulatory commission. The company says the transfer of oversight of the retail market to the commission was completed in June 2025, following reforms to Nigeria’s electricity framework, according to Daily Post.
Source: Daily Post
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