African business news summarised in English: companies, finance, energy, agriculture, trade and infrastructure, from the local press. 487 articles published.
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The Gambia Tourism Board has warned against unauthorised land sales in the Tourism Development Area between Kotu and Kartong. It reminded the public that the state-owned land is managed by the board and that buyers must check its status directly before making any payment or starting a project, according to Gambiana.
Source: Gambiana
The draft 2027 state budget provides 2,607.39 billion CFA francs for ministries and institutions, a 10.8% increase on the 2026 supplementary finance law. The Ministry of Living Environment and Transport receives the largest allocation, according to 24haubenin.
Source: 24haubenin
Russia says it has sold $320.7 billion worth of energy to the European Union since 2022, including $21.3 billion in the first nine months of 2026. The figures, cited by Deputy Prime Minister Alexander Novak, have not been independently confirmed, while Europe’s reliance on Russian gas and oil has fallen sharply.
Source: Beninwebtv
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
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
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 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
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
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
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’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
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
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
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
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’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
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
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
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