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African business and economy

African business news summarised in English: companies, finance, energy, agriculture, trade and infrastructure, from the local press. 427 articles published.

Updated around the clock from 400+ African and international news outlets in 54 countries. Every article names its source. Our method

Page 20

Map: Kétou, Benin
🇧🇯 BeninBusiness12 Oct 2026

Kétou toll opens on 19 October at CFA 1,000

The Kétou toll plaza on National Road 26 in Benin will begin operating on 19 October 2026, with a fare of CFA 1,000 for light vehicles and up to CFA 10,000 depending on the number of axles. SIRAT says the proceeds will fund the maintenance and sustainability of road infrastructure.

Source: 24haubenin

Insurance covers 2.1 million Rwandans in 2024
🇷🇼 RwandaBusiness12 Oct 2026

Insurance covers 2.1 million Rwandans in 2024

The number of Rwandan adults using insurance rose from 1.2 million in 2020 to about 2.1 million in 2024, representing 27% of the adult population. Private insurers paid out 47.6 billion Rwandan francs in claims and increased their net profits by 14% in 2025, according to the FinScope survey and the National Bank of Rwanda.

Source: Rwanda Dispatch

Map: Bouaké, Ivory Coast
🇨🇮 Ivory CoastBusiness12 Oct 2026

Beta Veg Oil inaugurates shea-soy plant in Bouaké

The Beta Veg Oil plant, inaugurated in Kongodékro near Bouaké, is expected to process 70,000 tonnes of shea and soy annually and create 450 direct jobs. Minister Kalil Konaté described the facility as a lever for increasing local processing, while 400,000 women earn a living from the shea sector, according to AIP.

Source: Aip

Freetown to require women traders to stay in renovated market
🇸🇱 Sierra LeoneBusiness12 Oct 2026

Freetown to require women traders to stay in renovated market

Freetown Mayor Yvonne Aki-Sawyerr is asking traders to stay in Kroo Town Road Market after its renovation. She also urged them to follow sanitation rules and announced a future annual registration process for women traders, Sierra Leonean outlet Sierraloaded reports.

Source: Sierraloaded

Kenya: Ruto opens dam to irrigate 500 acres
🇰🇪 KenyaBusiness12 Oct 2026

Kenya: Ruto opens dam to irrigate 500 acres

Kenyan President William Ruto inaugurated the Ziwa 2 earth dam irrigation project, which is expected to irrigate 500 acres and directly support 1,000 farming households. According to the National Irrigation Authority, work is nearly complete and the remaining farmer connections are due to be finished by November 2026.

Source: Citizen

François Louncény Fall explains funding for Conakry interchange
🇬🇳 GuineaBusiness12 Oct 2026

François Louncény Fall explains funding for Conakry interchange

Former Guinean Prime Minister François Louncény Fall has explained the diplomatic and financial steps that helped unlock funding for the 8 November interchange in Conakry. He links the matter to a freeze on French funds during international tensions over the Iraq war, according to Africaguinée.

Source: Africaguinée

Map: Senegal
🇸🇳 SenegalBusiness12 Oct 2026

Ten local authorities establish Senegal-Mali cross-border group

Ten local authorities in Senegal and Mali have established the Ambidédi-Bakel-Sadiola Local Cross-Border Cooperation Grouping in Bakel to coordinate projects providing access to water, electricity, healthcare and education. The initiative also aims to support youth employment and natural resource management for 350,000 people in the area, with backing from the RéZo programme funded by the European Union and Germany.

Source: Mali Actu

Sudan opens aviation fuel imports to national companies
🇸🇩 SudanBusiness12 Oct 2026

Sudan opens aviation fuel imports to national companies

Sudan’s Ministry of Energy and Petroleum is allowing qualified national companies to import aviation fuel and fuel oil, in a bid to break the market’s concentration. Companies will have to comply with import rules, including obtaining approval from the Central Bank of Sudan and depositing guarantees in gold, according to a ministry statement.

Source: Sudantribune

Map: Gabon
🇬🇦 GabonBusiness12 Oct 2026

FMCT launches 10 billion CFA franc green bond in Gabon

The Façade maritime du Champ triomphal, a subsidiary of the Gabonese Fund for Strategic Investments, is launching a 10 billion CFA franc green bond to finance sustainable infrastructure at Baie des Rois. Open until 5 November 2026, the operation offers rates of 6.75% and 7.50%, according to the Gabonese Press Agency.

Source: Agpgabon

Pala inaugurates water tower and mini-stadium in Chad
🇹🇩 ChadBusiness12 Oct 2026

Pala inaugurates water tower and mini-stadium in Chad

Chad’s Minister of Youth and Sports, Abakar Naïr, inaugurated a water tower at Joseph-Brahim-Seïd secondary school and a FIFA Arena mini-stadium in Pala. The facilities are intended to improve access to drinking water, support sport and promote social cohesion, according to Ndjamenaactu.

Source: Ndjamenaactu

World Bank praises Morocco’s start-up financing
🇲🇦 MoroccoBusiness12 Oct 2026

World Bank praises Morocco’s start-up financing

Morocco has raised the share of equity investment allocated to start-ups to 6% after structuring its venture capital market. The public InnovInvest scheme, launched in 2016 with $50 million from the World Bank, helped attract private investors, according to the multilateral institution cited by Lavieeco.

Source: Lavieeco

S&P and Fitch keep Chad rating at B-
🇹🇩 ChadBusiness12 Oct 2026

S&P and Fitch keep Chad rating at B-

Standard & Poor’s and Fitch Ratings are maintaining Chad’s sovereign rating at B-, with a stable outlook. Fitch forecasts public debt at close to 26% of GDP between 2026 and 2028, while S&P highlights progress in non-oil revenue, according to Alwihda Info.

Source: Alwihda Info

Cameroon seeks reinstatement in EITI
🇨🇲 CameroonBusiness12 Oct 2026

Cameroon seeks reinstatement in EITI

Cameroon’s Minister of Mines, Fuh Calistus Gentry, advocated lifting Cameroon’s suspension from the Extractive Industries Transparency Initiative. He presented measures on civil society participation and the publication of oil contracts, according to the Sierra Leone Telegraph.

Source: Sierra Leone Telegraph

Map: Agadez, Niger
🇳🇪 NigerBusiness12 Oct 2026

Agadez receives four generators with total capacity of 12 megawatts

Four 3-megawatt generators have arrived in Agadez to strengthen the region’s electricity supply by 12 megawatts. Their installation and commissioning should reduce the power cuts disrupting residents and services, reports Aïr Info.

Source: Aïr Info

Map: Algeria
🇩🇿 AlgeriaBusiness12 Oct 2026

Algeria’s SNRV and BK Investment sign steel waste recycling deal

The National Enterprise for Recovery and Valorisation (SNRV) and Slovak company BK Investment have signed a protocol to process and recycle waste from the iron and steel industry. The project is intended to promote the recovery of recyclable materials and the circular economy, according to a statement from the National Iron and Steel Industry Holding Company.

Source: Echorouk

Map: Benin
🇧🇯 BeninBusiness12 Oct 2026

Technical inspection appointment expires after 30 days in Benin

In Benin, failing to attend a technical inspection appointment within 30 days leads to the loss of fees already paid and obliges the motorist to restart the procedure. The National Road Safety Centre also specifies that the follow-up inspection must be carried out within 48 hours of notification of the repairs, according to La Nouvelle Tribune.

Source: La Nouvelle Tribune

Map: Malawi
🇲🇼 MalawiBusiness12 Oct 2026

Malawi plans tollgates on all new roads under construction

Malawi's Roads Fund Administration plans to install tollgates on all roads under construction that come under the Roads Authority. Its public relations manager, Masauko Ngwaluko, considers this revenue necessary to maintain the road network, according to Nyasa Times.

Source: Nyasa Times

Map: Djibouti
🇩🇯 DjiboutiBusiness12 Oct 2026

Djibouti and Egypt advance terminal and road projects

Djibouti and Egypt reviewed progress on a five-million-TEU container terminal and the 90-kilometre RN18 road corridor. The meeting involved Djibouti’s Ports and Free Zones Authority, Arab Contractors and Egyptian state-owned companies, reports ADI.

Source: Adi

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