African business news summarised in English: companies, finance, energy, agriculture, trade and infrastructure, from the local press. 529 articles published.
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Gabon borrowed $580 million, equivalent to 336 billion CFA francs, on the international debt market, three months after an initial $920 million issuance. The operation comes despite concerns about public finances and discussions with the IMF, according to Ecomatin.
Source: Ecomatin
Kelvin Mambwe, permanent secretary for technical services at Zambia’s Ministry of Education, is urging learners to innovate in food production to strengthen food security. He believes young people can devise solutions to increase agricultural productivity and promote sustainable food systems in Zambia.
Source: Lusaka Times
The authorities of São Tomé and Príncipe, UNICEF and the Swedish research institute have validated solutions to make water, sanitation and hygiene services more resilient to climate change. The initiative is based on identifying risks and vulnerabilities in the sector, according to Rstp.
Source: Rstp
Liberian engineering group Liberia Engineering Group conducted a two-day awareness campaign among communities ahead of the expansion of the corridor between Gabriel Tucker Bridge and Freeport Road. The company called on residents to contribute to road safety and environmental protection around the $16 million project, reports The Liberian Investigator.
Source: The Liberian Investigator
The Ouagadougou Approved Management Centre brought together traders, informal economy stakeholders and institutional partners to promote business formalisation. According to Roland Achille Sow, president of the Chamber of Commerce’s special consular delegation, the informal sector accounts for at least 80% of economic activity but contributes less than 3% of tax revenue.
Source: Burkina 24
In Mauritania, more than 80% of young plants die, while restoration campaigns highlight areas replanted and numbers of plants put in the ground. Kassataya, drawing in particular on observations from programme stakeholders, denounces the lack of public monitoring of their survival and the use of Great Green Wall funding.
Source: Kassataya
Home purchases by foreigners in Spain fell by 13% in the first half of 2026, with 62,327 transactions. Moroccans remain the leading foreign buyers despite a decline in their purchases, according to data published by the General Council of Spanish Notaries.
Source: Telquel
Elderly people, single women with dependants, people with disabilities and widows from the El Hadj Omar Tall military camp received food and hygiene products in Nioro, Mali. The distribution, organised on Wednesday 14 October, included millet, rice, oil, sugar, pasta and soap, Studio Tamani reports.
Source: Studio Tamani
The desalination plant intended for agriculture in Pedro Vaz, on the Cape Verdean island of Maio, remains unfinished nearly two years after work began, despite an initial deadline of eight months. Farmers, facing a shortage of irrigation water and relying on rainfall, are calling for the work to be accelerated, according to the Inforpress agency.
Source: Expresso das Ilhas
Bank of Africa has recredited ABCO BOURSE SA with the disputed amounts after fraudulent transfers were made from the company’s account. The bank’s managing director, Sadio Cissé, confirmed this in a letter dated 12 October 2026, while checks with the relevant authorities continue, according to Source A.
Source: Senego
Tanzanian Prime Minister Mwigulu Nchemba has urged African savings and credit cooperatives (SACCOS) to invest more of their deposits to support businesses and production and create jobs. He was speaking on 15 October 2026 in Dar es Salaam at the 26th African SACCOS congress, and also called for digital services and access to loans for young people, according to Jamhurimedia.
Source: Jamhurimedia
Central African President Faustin-Archange Touadéra justifies higher fuel prices by the Central African Republic’s reliance on oil imports. He says distributors pass on international prices, while the analysis highlights the possible role of supply costs, Corbeaunews Centrafrique reports.
Source: Corbeaunews Centrafrique
Moroccan property group Addoha plans 20 projects comprising 27,469 homes and potential revenue of 22.3 billion dirhams in Ivory Coast. Sales have already secured a quarter of this projected figure, while the developer is now targeting the very high-end market and expansion in West Africa, according to TelQuel.
Source: Telquel
Guinea’s Transport Minister, Ousmane Gaoual Diallo, discussed the Mbotini, Cap Verga and Benty deep-water port projects with African Development Bank Group President Sidi Ould Tah. The meeting, held on the sidelines of a high-level dialogue between Guinea and the AfDB, forms part of cooperation prospects around the Simandou 2040 programme, reports Guinéenews.
Source: Guinéenews
Malawi’s trade deficit is expected to widen further in 2026, driven by rising imports of fuel, fertiliser and vehicles, while exports remain weak. Tobacco accounts for about 40% of export revenues and sales reached $287 million by the end of October, compared with $526.2 million a year earlier, according to the World Bank and Reserve Bank of Malawi Deputy Governor Kisu Simwaka.
Source: Times
Tijane Thiam has been appointed director general of SOMELEC, Mauritania’s electricity company, amid fires at transformer substations in Nouakchott. His appointment comes as the company’s governance and organisation face criticism, according to Kassataya.
Source: Kassataya
Netflix plans to cut around 1,000 jobs, nearly 6% of its global workforce, in its largest jobs reduction since 2022. The cuts would affect product, technology, legal and human resources teams, among others, according to an internal message from its co-chief executives reported by Infomediaire.
Source: Infomediaire
An Algerian executive decree establishes a permanent committee to monitor and review import applications, chaired by the Minister of Foreign Trade or a representative. It includes, among others, the Minister of Finance, the Governor of the Bank of Algeria, the professional association of banks and the Algerian Economic Renewal Council, according to the decree published in the Official Gazette.
Source: Leprovincial
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