African business news summarised in English: companies, finance, energy, agriculture, trade and infrastructure, from the local press. 721 articles published.
Updated around the clock from 400+ African and international news outlets in 54 countries. Every article names its source. Our method
Thousands of demonstrators gathered in Madrid to denounce the high cost of housing. The protest followed the eviction of 87-year-old Maricarmen Abascal, described as the immediate trigger for the demonstration, according to Le Monde.
Source: Le Monde
Warren Buffett is stepping down as chairman of Berkshire Hathaway after six decades at the helm of the US conglomerate. His son Howard succeeds him as part of a long-planned transition, marking a new chapter for the group founded and led by the legendary investor, according to MyJoyOnline.
Source: MyJoyOnline
On 19 September 2026, the dollar was trading at 51.14 Egyptian pounds to buy and 51.28 to sell at the Central Bank of Egypt, compared with 52 and 52.18 at several commercial banks. Rates reached 52.19 pounds for sale at Banque du Caire, according to the latest official transactions reported by Youm7.
Source: Youm7
Egypt’s Gold and Precious Metals Division welcomed the Financial Regulatory Authority’s decision to ban financing for the purchase of gold bars. The measure is part of the organisation of consumer finance in Egypt, according to Egyptian newspaper Al-Youm al-Sabaa.
Source: Youm7
Gabonese President Brice Clotaire Oligui Nguema has ordered Airtel Gabon and Canal+ Gabon to build their headquarters or risk losing the land granted to them. The ultimatum puts both operators under pressure to fulfil their property commitments and raises the prospect of their departure, according to Gabonreview.com.
Source: Gabonreview
Egyptian Minister of Planning and Economic Development Ahmed Rostom says growth reached 5.1% in the 2025-2026 fiscal year, compared with 4.4% a year earlier. According to his remarks, the result exceeds forecasts by several major international institutions, despite regional and global difficulties.
Source: Egypt Independent
In the second quarter of 2026, the Central African Republic had public debt of 1,136.53 billion CFA francs, or 61.20% of GDP, according to the Ministry of Finance and Budget. The ratio remains below the 70% community ceiling set by CEMAC, despite persistent vulnerability.
Source: Oubangui Médias
Nelson Mandela Bay metro reportedly needs nearly one billion rand to reduce leaks and replace ageing pipes. Thousands of complaints are piling up, while some communities remain without water for weeks and raw sewage reaches rivers, estuaries and the sea, according to the information provided.
Source: Daily Maverick
Senegal’s Fund for Support and Development of the Press (FADP) says television channels and the print press have yet to submit any applications for aid. The application period, which opened on 29 July 2026, will close on 15 September 2026, according to the fund’s Management Board.
Source: Senego
Rainfall trends during autumn and winter will be closely monitored in Morocco for the 2026-2027 agricultural season, following several years of drought and water stress. The El Niño phenomenon adds uncertainty to the climate outlook, according to the analysis presented in the source article.
Source: Le Matin
Nigeria’s federal government has approved the construction of 600 additional homes for military personnel in Abuja, bringing the planned total to 2,656 units. The project is part of a national target of 10,000 homes for military personnel, according to information published by Punch.
Source: Punch
South African telecommunications group MTN is ending its presence in Iran after eight years during which its Iranian assets no longer contributed positively to its accounts. The break-up is intended to reduce losses deemed costly but necessary, according to the analysis published by the source.
Source: Daily Maverick
Morocco’s Directorate General of Taxes sets 1 September 2026 as the deadline for several tax declarations and payments. The deadline applies in particular to public or private legal entities and individuals covered by the actual net income regime, as well as other taxpayers concerned, according to the DGI.
Source: Aujourd’hui le Maroc
Algeria’s Ministry of Industry is asking goods producers to declare their activity and submit reports via the “National Production” digital platform by 31 August 2026. It warns the operators concerned that they must meet this legal deadline, according to the ministry as cited by Ennahar Online.
Source: Ennahar
The FSC, the financial supervisory authority, is warning against an entity operating in cryptocurrencies without authorisation. The alert urges users to exercise caution, but the information provided specifies neither the entity’s name nor the country of jurisdiction of the authority.
Source: Defimedia
Attijari Global Research believes the respite observed in the bond market in the second quarter of 2026 may not last. Pressure on rates is therefore expected to reappear in the second half, according to the latest analysis published by the Attijari group's research arm.
Source: Le Matin
The Senegalese state now plans to allocate 729 billion CFA francs to subsidise energy prices in 2026, compared with an initial forecast of 250 billion. The sharp revision is mainly attributed to higher oil prices on international markets, according to information from the daily Le Soleil.
Source: Senenews
The National Coordination of Road Freight Transport Trade Unions is threatening to call a national strike in Morocco. It accuses Aziz Akhannouch’s government of failing to pay the June and July subsidies, despite announcing a new instalment covering the period from 16 to 31 July 2026, according to its statement.
Source: Alyaoum24
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