African business news summarised in English: companies, finance, energy, agriculture, trade and infrastructure, from the local press. 747 articles published.
Updated around the clock from 450+ African and international news outlets in 54 countries. Every article names its source. Our method
Credit to Eswatini’s private sector fell by 1.4% in August 2026 to 23.5 billion emalangeni, driven by a 4.8% decline in loans to businesses. It nevertheless remained 10.5% above its August 2025 level, according to the Central Bank of Eswatini.
Source: Times of Eswatini
Rwanda has ratified air services agreements with the United Kingdom and eight other countries, covering scheduled passenger and cargo flights. Approved by Parliament and then ratified by President Paul Kagame, the agreements formalise the framework for routes already operating between Kigali and London, according to Ktpress.
Source: Ktpress
European Union gas reserves stood at 73.61% of capacity, or 831.86 terawatt hours, on 12 October 2026, according to Gas Infrastructure Europe. Analysts cited by Reuters forecast stocks at 75% to 78% full at the beginning of November, below the five-year average, while benchmark prices had risen by more than 150% since the start of the year.
Source: Beninwebtv
Burkina Faso’s Economy and Finance Minister Aboubakar Nacanabo presented the country’s economic ambitions, including average annual growth of 7.2% and a reduction in poverty from 43.2% to 35% by 2030. The RELANCE Plan 2026–2030, valued at CFA francs 36.19 trillion and adopted in January 2026, is to be financed two-thirds by sovereign resources, according to the minister during the Dialogue with the people in Ouagadougou.
Source: La Nouvelle Tribune
The cost of a supertanker travelling from the Gulf of Mexico to Asia exceeded 80 million dollars in October, compared with 10 to 15 million dollars at the start of the year. The surge is blocking exports of US heavy crude and pushing down several oil grades, according to Argus Media.
Source: Beninwebtv
Algeria plans 2,414.15 billion dinars, or about $18.5 billion, in transfers to individuals in 2027. The draft budget presented by Finance Minister Mohammed Lamine Lebbou allocates 717.7 billion dinars to subsidies for widely consumed goods, subject to the bill’s adoption.
Source: Algérie 360
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
Looking for older stories? The archive, day by day →