African business news summarised in English: companies, finance, energy, agriculture, trade and infrastructure, from the local press. 682 articles published.
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Ghana’s leather industry lacks raw materials and struggles to access markets, despite local companies’ ability to make quality products. The Association of Ghana Industries is calling for better cooperation with the state and supports manufacturers through training and trade fairs, according to The Ghana Report.
Source: Theghanareport
Gabonese employers owing money to the National Social Security Fund can obtain a partial reduction in penalties by paying their outstanding contributions before 15 January 2027. The exceptional measure, launched on 15 July 2026, requires payment of the principal to qualify for the relief, Gabonclic reports.
Source: Gabonclic
Sahouba Kabré explained that Burkina Faso’s Observatory for the Quality of Financial Services helps clients resolve disputes with service providers free of charge. Integrated into the National Agency for the Promotion of Financial Inclusion, the body aims to improve service quality and confidence in the financial system, according to Lefaso.net.
Source: Lefaso
The Central Bank of Libya announces the resumption of banking cooperation with Commerzbank, suspended for ten years. The German bank will rejoin the network of authorised correspondent banks to facilitate Libya’s foreign trade and financial transfers, according to the Central Bank of Libya, cited by Libya Herald.
Source: Libya Herald
Ivory Coast’s Conseil Hévéa-Palmier à huile-Coco is granting agricultural cooperatives a rebate of 10 CFA francs per kilogram of rubber delivered. The measure, which took effect on 13 October 2026, also provides for a transport differential of up to 30 CFA francs per kilogram, according to its director general, Edmond Coulibaly.
Source: Aip
An executive decree by Prime Minister Sifi Ghrieb has established a permanent committee in Algeria to examine and process import requests. Chaired by the Minister of Foreign Trade, it includes representatives of the Finance Ministry, the Bank of Algeria and employers’ organisations, among others, according to TSA.
Source: TSA
Benin and the Islamic Development Bank signed two co-financing agreements worth a total of €326.06 million in Bangkok. The IsDB is providing €306.89 million for modernising the Godomey-Ouidah-Hillacondji route and €19.17 million for an agricultural programme on pulses, according to the institution.
Source: Beninwebtv
Pan-African banking group Ecobank has inaugurated new offices in Beijing, where it has been present since opening a representative office in 2012. The move is intended to bring its teams closer to Chinese companies and financial institutions seeking to develop their activities in African markets, according to 24haubenin.
Source: 24haubenin
Ecobank has signed a memorandum of understanding with China’s Cross-Border Interbank Payment System to expand renminbi payments and clearing between China and Africa. The partnership is intended to simplify trade settlements and strengthen ties between Chinese institutions and Ecobank’s pan-African network, which operates in 34 markets, according to 24haubenin.
Source: 24haubenin
Djibouti and the World Bank will prepare a new Country Partnership Framework for 2028-2032, focused on private sector-led growth and job creation. The agreement was reached in Bangkok between Djiboutian minister Ilyas Moussa Dawaleh and Ousmane Dione, the World Bank’s regional vice-president, according to ADI.
Source: Adi
The Arab Fund for Economic and Social Development has confirmed its interest in Djibouti’s new airport terminal project at a meeting in Bangkok with Djiboutian Economy Minister Ilyas Moussa Dawaleh. AFESD is also reviewing investment priorities presented by the government, according to the ADI news agency.
Source: Adi
King Mswati III has called on Eswatini to develop industrial parks capable of supporting employment and investment, modelled on the TIIP project valued at 6 billion emalangeni. The future site must include housing, energy and services, while the two countries are examining renewable solutions, according to the Times of Eswatini.
Source: Times of Eswatini
Eswatini’s youth revolving fund is calling for loans to be linked to the creation of manufacturing businesses capable of reducing imports. Its director, Mandla Nkambule, presented the approach to the Senate Finance Committee in Ezulwini, advocating better support for urban and rural entrepreneurs.
Source: Times of Eswatini
Thierry Moungalla said he was satisfied with the transformation of the national printing press of Congo-Brazzaville. A Vox publication dated 13 October 2026 reported this assessment, without detailing the changes made to the institution.
Source: Vox
Tanzania’s Ministry of Energy and the Petroleum Upstream Regulatory Authority (PURA) discussed improving public information about oil and natural gas exploration, development and production projects. The talks took place on 13 October 2026 at PURA’s offices in Dar es Salaam, according to Daily News.
Source: Daily News
Algeria’s Interprofessional Office for Cereals has issued an international tender to buy milling wheat, with a nominal volume of 50,000 tonnes and bids due to close on 13 October. Market participants are watching its potential impact on European prices and the possible exclusion of French wheat, Reuters reports.
Source: Echorouk
Niger’s Minister of Petroleum, Hamadou Tini, met colleagues and Algerian experts to examine the eruption at the Goumeri W-8 well in the Agadem oil block. It occurred on 25 September, damaged the platform and was only partially contained as of 12 October, according to Niger’s Ministry of Petroleum.
Source: Journalduniger
The Ugandan government has pledged stronger fiscal discipline, a stricter tax policy and measures to curb inflation to improve the country’s sovereign rating and facilitate access to financing. The commitments were presented to Moody’s Ratings at meetings in Bangkok on the sidelines of the 2026 IMF and World Bank meetings, according to Ugandan authorities.
Source: Nile Post
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