African business news summarised in English: companies, finance, energy, agriculture, trade and infrastructure, from the local press. 760 articles published.
✓Updated around the clock from 450+ African and international news outlets in 54 countries. Every article names its source. Our method
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.
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.
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.
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.
Air Sénégal, the state-owned national airline, is facing grounded aircraft, a legal dispute with its creditors and a reduced regional network. Founded in 2017 under Macky Sall’s presidency, the company has encountered a succession of difficulties, reports Le Monde.
Angola is presenting its priorities on development financing, private capital mobilisation and international financial cooperation at the annual IMF and World Bank meetings. The delegation is led by Secretary of State for Planning Luís Epalanga, from 12 to 18 October in Bangkok, according to Jornal F8.
Uganda is promising Thai investors annual returns of 15 to 25% in mineral processing, agro-industry, high-tech manufacturing and tourism. Minister Henry Musasizi presented these opportunities in Bangkok as Kampala targets a $500 billion economy by 2040, according to Nile Post.
Sierra Leone’s postal service SALPOST has commissioned 15 motorbikes and two vehicles to improve the transport and distribution of mail and parcels. The new fleet is expected to increase the efficiency of its operations and meet demand for more reliable postal services across the country, according to Sierraloaded.
Around 60% of the water fed into Praia’s supply network is lost through leaks and unauthorised consumption, according to Águas de Santiago. The company dismantled seven illegal connections in the Palmarejo and Vila Esperança neighbourhoods on 7 and 8 October, together with Cape Verde’s regulatory authority.
Niger has begun construction in Niamey of a facility to manufacture uniforms locally for its armed forces, with an investment of CFA3.89 billion. Located in the Saguia district, the factory is due to be completed within 15 months and aims to reduce dependence on imports, reports Journal du Niger.
Work on the first phase of development at Dila fishing port in Zawia has begun to expand the available space and facilitate the movement of equipment and boats. Libya’s Ministry of Marine Resources says the project should improve services for fishermen and their working conditions.
Mozambique’s Ministry of Agriculture, Environment and Fisheries launched its first coordinating council in Matola to speed up reforms, financing and transformation in the agricultural, environmental and fisheries sectors. Minister Roberto Mito Albino called for stronger coordination, infrastructure, services and partnerships, according to Club of Mozambique.
Burkinabè Prime Minister Rimtalba Jean Emmanuel Ouédraogo inaugurated the R+3 KEOOGO public school complex in Bonheur-Ville, Ouagadougou. The pilot institution is part of the Presidential Initiative for Quality Education for All and aims to modernise school infrastructure, according to Burkina 24.
The Worodougou Regional Council handed over an equipped medical laboratory to the Diarabana health centre and a three-classroom building to Bobi primary school. The facilities are expected to improve access to medical tests and reduce the shortage of classrooms, according to AIP.
Ethiopia wants to strengthen its food sovereignty by developing agricultural production to supply its population and increase exports. This approach is presented as the economic continuation of its history of defending African independence, according to Fanamc, which notably cites the 1896 victory at Adwa.
Malawi’s energy regulator and police have launched a nationwide campaign against the illegal storage, transport and sale of petroleum products. Unlicensed operators face prosecution, while authorised stations must comply with strict safety rules during deliveries.
A mission from Morocco’s National Office for Food Safety is inspecting several dairy-processing units in Belarus ahead of a possible opening of the Moroccan market to Belarusian exporters. The week-long visit is part of a routine health procedure, according to ONSSA acting director-general Abdelghni Azzi.
Djibouti’s Labour Minister, Yonis Ali Guedi, visited an automotive assembly company in Addis Ababa to explore training young Djiboutians for jobs in electric mobility. Discussions covered hosting pre-selected young people and giving them practical experience, according to the Djibouti Information Agency.