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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. 767 articles published.

Updated around the clock from 450+ African and international news outlets in 54 countries. Every article names its source. Our method

Page 37

Map: Libya
🇱🇾 LibyaBusiness12 Oct 2026

Libya gathers exporters after blanket ban on foreign sales

The Libyan Export Development Authority is convening exporters in Tripoli to examine the consequences of the general export ban imposed by the Economy Ministry. The meeting is intended to gather their proposals and seek sector-specific exceptions, reports Libya Herald.

Source: Libya Herald

Mauritius launches African Credit Rating Agency AfCRA
🇲🇺 MauritiusBusiness12 Oct 2026

Mauritius launches African Credit Rating Agency AfCRA

AfCRA, the African Credit Rating Agency, has been launched in Mauritius under the auspices of the African Union. It aims to better assess the continent’s economies, reduce the cost of access to capital and strengthen Africa’s financial sovereignty, according to Newsday.

Source: Newsday

Map: Libya
🇱🇾 LibyaBusiness12 Oct 2026

Libya prepares national code to make construction safer

Libya’s Ministry of Housing and Reconstruction has launched a five-day preparatory workshop to develop a national building code. With support from the German agency GIZ and under the supervision of the Ministry of Planning, participants are to define the necessary technical standards and institutional framework, Libya Herald reports.

Source: Libya Herald

Map: São Tomé and Príncipe
🇸🇹 São Tomé and PríncipeBusiness12 Oct 2026

São Tomé trains 23 environmental protection technicians

The Directorate of Environment and Climate Action has completed specialised training bringing together 23 technicians from eight institutions on restoring degraded areas and impact studies. Held from 5 to 9 October, it aims to strengthen biodiversity protection, according to RSTP.

Source: Rstp

Map: Equatorial Guinea
🇬🇶 Equatorial GuineaBusiness12 Oct 2026

Equatorial Guinea fishery production surges 115.6%

Equatorial Guinea’s fishery production rose by 115.6% in the second quarter of 2026, from 189,549 to 408,665 kilograms. The National Statistics Institute published these figures alongside data on oil, employment, trade and inflation, reports Realequatorialguinea.

Source: Realequatorialguinea

Map: Central African Republic
🇨🇫 Central African RepublicBusiness12 Oct 2026

Central African Republic: violence reported at mining sites

Sub-prefect Ephrem Ulrich Moussa-Yakoro has spoken of violence at mining sites in Sosso-Nakombo, in the Central African Republic’s Mambéré-Kadéï prefecture. He says residents bring in Chinese nationals to work these sites, in an interview broadcast by Radio Ndeke Luka.

Source: Radiondekeluka

Map: Malawi
🇲🇼 MalawiBusiness12 Oct 2026

Editorial urges Malawian businesses to support Malawi 2063

Godfrey Kenneth Beni urges Malawian businesses to align their strategies with Malawi 2063, the national vision for an industrialised, self-reliant economy. In the Times, he argues that export-oriented production and industrial investment should take priority over short-term commercial activities.

Source: Times

Zimbabwe loses 6,000 teachers from schools each year
🇿🇼 ZimbabweBusiness12 Oct 2026

Zimbabwe loses 6,000 teachers from schools each year

Around 6,000 teachers leave Zimbabwe’s schools each year, while 9,425 posts were vacant in July 2025. The association behind the report attributes the shortage to low recruitment, inadequate pay and worsening working conditions in schools.

Source: Newsday

SCB Cameroon assets to be auctioned in Yaoundé
🇨🇲 CameroonBusiness12 Oct 2026

SCB Cameroon assets to be auctioned in Yaoundé

The assets of Société commerciale de banque (SCB) Cameroon are to be auctioned on 16 October in Yaoundé in a dispute with NB Sera Sarl. The debt in question amounts to 826 million CFA francs, after several unfavourable court rulings against the bank, according to Le Reflet.

Source: Mimimefoinfos

Congo seeks investment in its oil basin
🇨🇬 Republic of CongoBusiness12 Oct 2026

Congo seeks investment in its oil basin

Congolese Hydrocarbons Minister Stev Simplice Onanga called for greater investment in the oil basin and the modernisation of national infrastructure. Brent reached 132 dollars a barrel, while more than 80% of the Congo’s quarterly cargoes were sold in Asia at an average of 91.510 dollars, according to ACI.

Source: Aci

Avantis appoints board ahead of Zimbabwe listing
🇿🇼 ZimbabweBusiness12 Oct 2026

Avantis appoints board ahead of Zimbabwe listing

Zimbabwean company Avantis has appointed a board of directors to oversee preparations for a planned listing on the Victoria Falls Stock Exchange. The body will also support the expansion of the Msasa plant and the company’s access to export markets, according to Zimbabwe Independent.

Source: Zimbabwe Independent

Map: Togo
🇹🇬 TogoBusiness12 Oct 2026

ACBF trains 50 Togolese SMEs in AfCFTA rules

The African Capacity Building Foundation brought 50 participants together in Lomé to train Togolese micro, small and medium-sized enterprises in AfCFTA export rules. The 9 October 2026 workshop aims to help these businesses, which account for more than 90% of the country’s enterprises, access the continental market, according to Focusinfos.

Source: Focusinfos

Map: Mozambique
🇲🇿 MozambiqueBusiness12 Oct 2026

Mozambique housing institute gives residents 60 days to pay or lose homes

Mozambique’s National Housing Institute is giving beneficiaries in default at Zango Zero 60 days to settle their debts. Failure to meet the deadline could lead to contract termination and the loss of their homes, allocated in part through the recovery of public assets, Expansão reports.

Source: Expansao

ADECO calls for support as fuel prices rise
🇦🇴 AngolaBusiness12 Oct 2026

ADECO calls for support as fuel prices rise

The ADECO consumer association is asking the government to limit the impact of rising fuel prices on purchasing power and business costs. It proposes targeted tax benefits for productive sectors, electricity and public transport, Expresso das Ilhas reports.

Source: Expresso das Ilhas

Map: Angola
🇦🇴 AngolaBusiness12 Oct 2026

Angola: 24 bodies exceed budgets by 3.8 trillion kwanzas

Twenty-four Angolan public bodies spent about 3.8 trillion kwanzas more than planned in 2025, according to Expansão calculations based on state accounts. The total overrun rose by 58% in a year, with the Ministry of Energy and Water topping the list after spending nearly 2 trillion kwanzas.

Source: Expansao

Map: Angola
🇦🇴 AngolaBusiness12 Oct 2026

Angola: food prices jump 10.1% in informal markets

The average price of a basket of 22 food products rose by 10.1% in informal markets and 4.1% in formal outlets in Angola between January and September. The informal-market basket increased from 124,892 to 137,478 kwanzas, according to Expansão, based on its surveys and National Institute of Statistics data.

Source: Expansao

Namibia: 40 homes inaugurated for marginalised families
🇳🇦 NamibiaBusiness12 Oct 2026

Namibia: 40 homes inaugurated for marginalised families

Namibian Vice-President Lucia Witbooi has inaugurated 40 homes for marginalised families in Epukiro, in the Omaheke region. The 25-million-Namibian-dollar project also includes a community garden and a space for traditional ceremonies, due to be completed by the end of November, New Era reports.

Source: New Era

Map: São Tomé and Príncipe
🇸🇹 São Tomé and PríncipeBusiness12 Oct 2026

Lembá bridge delayed a year by geotechnical studies

Construction of the new bridge over the Lembá River is a year behind schedule after soft ground was discovered beneath the old structure. Geotechnical studies required excavation of more than 30 metres, according to Adelino Cardoso, director of the National Roads Institute, cited by Telanon.

Source: Telanon

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