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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. 427 articles published.

Updated around the clock from 400+ African and international news outlets in 54 countries. Every article names its source. Our method

Page 6

IMF forecasts 3.6% growth in Burundi in 2026
🇧🇮 BurundiBusiness15 Oct 2026

IMF forecasts 3.6% growth in Burundi in 2026

The International Monetary Fund expects growth of 3.6% in Burundi in 2026, after 4.2% in 2025, followed by a recovery to 4.7% in 2027. In its regional outlook published on 15 October 2026, the IMF also forecasts a 12% decline in bilateral aid to Africa in 2026, according to its October report.

Source: Burunditimes

Algerian arrivals in Tunisia fall 40.1% in September
🇹🇳 TunisiaBusiness15 Oct 2026

Algerian arrivals in Tunisia fall 40.1% in September

Tunisia received 290,678 Algerian visitors in September 2026, compared with 485,201 a year earlier, a 40.1% decline. The fall reached 32.9% in August and brought the decrease over the first nine months to 6.8%, according to figures from the Tunisian National Tourist Office reported by the Tunisian press.

Source: Algérie 360

Map: Uganda
🇺🇬 UgandaBusiness15 Oct 2026

I&M Bank Uganda offers loans for pick-up trucks and tractors

I&M Bank Uganda is expanding its asset-financing offer to help businesses acquire pick-up trucks and tractors without tying up their cash immediately. According to the bank, the stated monthly instalments are 4.6 million Ugandan shillings for a new pick-up truck and 2.3 million for a tractor, as part of a programme launched in Jinja.

Source: Nile Post

Map: Zambia
🇿🇲 ZambiaBusiness15 Oct 2026

Zambia calls on communities to restore ecosystems

The Zambian government is calling on communities to take part in protecting and restoring critical ecosystems. Sarah Sooli, Isoka District Administrative Officer, said conservation initiatives must also take into account the livelihoods of people who depend on natural resources, Lusaka Times reports.

Source: Lusaka Times

Dangote Cement appoints Goldman Sachs and UBS for London listing
🇳🇬 NigeriaBusiness15 Oct 2026

Dangote Cement appoints Goldman Sachs and UBS for London listing

Dangote Cement has appointed Goldman Sachs and UBS to prepare its secondary listing on the London Stock Exchange, potentially as early as November, with a fundraising of up to $1 billion. The Nigerian cement maker, valued at more than $12 billion, has also reported strong growth in its half-year results, according to Businessday.

Source: Businessday

Ecobank launches MoMo mobile money payments in DR Congo
🇨🇩 DR CongoBusiness15 Oct 2026

Ecobank launches MoMo mobile money payments in DR Congo

Ecobank has launched its MoMo service in Kinshasa, enabling Mobile Money wallet holders with several Congolese operators to pay for purchases using the bank’s payment terminals. Developed with Makuta, the solution works without cash, QR codes or the merchant’s phone, according to Ecobank and Actualité.cd.

Source: Actualité.cd

Luxembourg’s Nora Feyder honoured by the FAO
🌍 WorldBusiness15 Oct 2026

Luxembourg’s Nora Feyder honoured by the FAO

Luxembourgish farmer Nora Feyder, 30, has been selected as one of 100 women honoured by the FAO for their contribution to agriculture and rural development. Nominated by Luxembourg’s Ministry of Agriculture, she is due to take over the family dairy farm in Ehlerange, according to Luxembourg authorities.

Source: L’essentiel

Map: Togo
🇹🇬 TogoBusiness15 Oct 2026

Content presents Togo’s business reforms

The content concerns reforms aimed at improving Togo’s business climate, particularly in business creation, contract enforcement and cross-border trade. It does not deal with the interest-free loans or compensation announced in the title.

Source: Togofirst

Map: Tanzania
🇹🇿 TanzaniaBusiness15 Oct 2026

Tanzania’s Nkangamo substation 83% complete

The Nkangamo electricity substation in Tanzania’s Songwe region is 83.13% complete after an investment of 285.7 billion Tanzanian shillings. The project is due to be energised in November 2026 and strengthen electricity supplies, according to information presented to Vice-President Deogratius Ndejembi by the managing director of Tanzania Electric Supply Company.

Source: Daily News

First Niger Bridge reopens after 38 days of repairs
🇳🇬 NigeriaBusiness15 Oct 2026

First Niger Bridge reopens after 38 days of repairs

Nigeria’s First Niger Bridge, linking Onitsha to Asaba, has reopened after 38 days of closure for emergency repairs related to vandalised structural components. Public Works Minister Dave Umahi carried out the reopening after delays caused notably by rain, Punch reports.

Source: Punch

Map: Mozambique
🇲🇿 MozambiqueBusiness15 Oct 2026

Letshego Bank targets 500,000 customers in Mozambique

Letshego Bank aims to exceed 500,000 customers over the next five years by focusing on financial inclusion and modernising its services. Its chairman, David Seie, presented the target at the opening of a new branch in Matola, Maputo Province, according to Mozambique’s daily O País.

Source: Opais

Map: Mahdia, Tunisia
🇹🇳 TunisiaBusiness15 Oct 2026

Tunisian teams tackle olive canker in Mahdia

Tunisia’s Ministry of Agriculture has deployed technical teams to tackle bacterial olive canker after outbreaks were detected in Melloulech, in Mahdia Governorate. The operations began in late September 2026 and include farm inspections, pruning affected trees and disposing of debris by controlled burning, according to the ministry.

Source: Webdo

Italian public bank CDP plans office in Abidjan
🇨🇮 Ivory CoastBusiness15 Oct 2026

Italian public bank CDP plans office in Abidjan

Italy’s public bank Cassa Depositi e Prestiti plans to open an office in Abidjan to boost investment and economic partnerships with Ivory Coast. The announcement was made on 15 October 2026 at the Ivory Coast Investment Forum, while Minister Ibrahim Kalil Konaté reiterated the goal of processing 50% of agricultural raw materials locally by 2030, according to AIP.

Source: Aip

Map: Casablanca, Morocco
🇲🇦 MoroccoBusiness15 Oct 2026

Casablanca Stock Exchange: MASI rises 0.19% to 16,998.93 points

The Casablanca Stock Exchange’s MASI index rose 0.19% to 16,998.93 points, supported by real estate stocks. The real estate sector gained 3.14% and trading exceeded 183 million dirhams, while forestry and paper fell 5.21%, according to Infomediaire.

Source: Infomediaire

São Tomé and Príncipe launches $4.9 million climate risk project
🇸🇹 São Tomé and PríncipeBusiness15 Oct 2026

São Tomé and Príncipe launches $4.9 million climate risk project

São Tomé and Príncipe has launched RESIlands, a project funded with $4,943,086 to improve climate risk assessment and natural disaster management, including for cyclones, droughts and floods. Approved by the Green Climate Fund, the initiative will be implemented with the United Nations Economic Commission for Africa over 30 months, according to UN Resident Coordinator António Arranibar.

Source: Rstp

Map: Legon, Ghana
🇬🇭 GhanaBusiness15 Oct 2026

Ghana: Legon pharmaceutical park extends deadline to 31 October

Ghana’s 24-Hour Economy Secretariat has extended the deadline for applications to set up at the Legon Pharmaceutical Innovation Park to 31 October 2026. The project is expected to create more than 3,000 direct jobs in its first phase and reduce dependence on imported medicines, according to the secretariat.

Source: Ghanaiantimes

Map: Marrakech-Safi, Morocco
🇲🇦 MoroccoBusiness15 Oct 2026

Moroccan study targets three heritage farming areas in Marrakech-Safi

The Marrakech-Safi Regional Directorate of Agriculture is preparing a study of three heritage agricultural areas in the provinces of Al Haouz, Chichaoua and Essaouira. The work is to document their economic contribution and preservation potential under Morocco’s agricultural heritage systems programme, according to Leseco.

Source: Leseco

Map: Nigeria
🇳🇬 NigeriaBusiness15 Oct 2026

Nigeria inflation falls to 14.63% in September 2026

Headline inflation in Nigeria fell from 15.39% in August to 14.63% in September 2026, according to the Nigerian National Bureau of Statistics. Annual food inflation also fell to 19.59%, while food prices dropped by 1.55% month on month, according to a report published by the institution.

Source: Dailytrust

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