African business news summarised in English: companies, finance, energy, agriculture, trade and infrastructure, from the local press. 427 articles published.
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Guinea's minister of the Economy, Finance and Budget, Mariama Ciré Sylla, took part in discussions between African governors and Ajay Banga and Kristalina Georgieva in Bangkok. The talks focused on financing SMEs, infrastructure and human capital in the face of crises, according to Guinéenews.
Source: Guinéenews
Several petrol stations in Birnin Kebbi suspended sales after Nigeria’s state oil company, NNPC, announced a 66-naira cut in the price of petrol. The closure of sales outlets reduced supply and disrupted travel, with some motorists and commercial transport drivers leaving their vehicles idle, according to observations in the city and accounts collected by the Daily Post.
Source: Daily Post
The International Monetary Fund now forecasts growth of 4.5% for sub-Saharan Africa this year, while warning about the burden of interest payments on debt. The average public debt ratio is expected to fall to 51.7% of gross domestic product, but interest payments already absorb 12% of revenue, according to the IMF.
Source: Ang
Audi is presenting several electric, sports and SUV models at the 2026 Paris Motor Show, including the A2 e-tron, Q7 and A6 allroad. The German manufacturer is highlighting the renewal of its range and its commitment to Formula One, according to Businessnews.
Source: Businessnews
Residents of Ndiebor Ishieke in Nigeria’s Ebonyi State are demanding compensation for crops destroyed by laterite excavations linked to a federal expressway project. Their traditional ruler, Eze Hyacinth Awoke Nwiboko, is calling for negotiations with landowners beforehand and for the pits to be restored, according to the Daily Post.
Source: Daily Post
Uganda plans to use the national identification number as the tax identifier for individuals to broaden the tax base and eliminate duplicate registrations, Minister of State for Finance Amos Lugoloobi said. The country has 5.7 million registered taxpayers, of whom 3.3 million are active, and the government estimates the reform could raise 420 billion shillings, according to Watchdoguganda.
Source: Watchdoguganda
Tanzanian Agriculture Minister Daniel Chongolo has called on savings and credit cooperatives to invest more of their members’ funds in productive sectors rather than limiting themselves to loans. The approach is intended to support agriculture, livestock, fishing, industry and trade, according to Mwananchi, which reports his remarks at a congress in Dar es Salaam.
Source: Mwananchi
ASECNA in Equatorial Guinea and BANGE Business School signed an agreement on 15 October in Malabo to provide air traffic controllers with aviation English training. The courses will cover technical terminology, radio communications and exchanges in emergency situations, among other topics, according to details provided by the two organisations.
Source: Realequatorialguinea
Verner Ayukegba, vice-president of the African Energy Chamber, says deals worth 10 billion dollars have already been concluded during African Energy Week in Cape Town. The projects mentioned involve Angola, Senegal and Nigeria, among others, while Extinction Rebellion activists denounced hydrocarbon ambitions, Africanews and the Associated Press report.
Source: Africanews
Gabon borrowed $580 million, equivalent to 336 billion CFA francs, on the international debt market, three months after an initial $920 million issuance. The operation comes despite concerns about public finances and discussions with the IMF, according to Ecomatin.
Source: Ecomatin
Kelvin Mambwe, permanent secretary for technical services at Zambia’s Ministry of Education, is urging learners to innovate in food production to strengthen food security. He believes young people can devise solutions to increase agricultural productivity and promote sustainable food systems in Zambia.
Source: Lusaka Times
The authorities of São Tomé and Príncipe, UNICEF and the Swedish research institute have validated solutions to make water, sanitation and hygiene services more resilient to climate change. The initiative is based on identifying risks and vulnerabilities in the sector, according to Rstp.
Source: Rstp
Liberian engineering group Liberia Engineering Group conducted a two-day awareness campaign among communities ahead of the expansion of the corridor between Gabriel Tucker Bridge and Freeport Road. The company called on residents to contribute to road safety and environmental protection around the $16 million project, reports The Liberian Investigator.
Source: The Liberian Investigator
The Ouagadougou Approved Management Centre brought together traders, informal economy stakeholders and institutional partners to promote business formalisation. According to Roland Achille Sow, president of the Chamber of Commerce’s special consular delegation, the informal sector accounts for at least 80% of economic activity but contributes less than 3% of tax revenue.
Source: Burkina 24
In Mauritania, more than 80% of young plants die, while restoration campaigns highlight areas replanted and numbers of plants put in the ground. Kassataya, drawing in particular on observations from programme stakeholders, denounces the lack of public monitoring of their survival and the use of Great Green Wall funding.
Source: Kassataya
Home purchases by foreigners in Spain fell by 13% in the first half of 2026, with 62,327 transactions. Moroccans remain the leading foreign buyers despite a decline in their purchases, according to data published by the General Council of Spanish Notaries.
Source: Telquel
Elderly people, single women with dependants, people with disabilities and widows from the El Hadj Omar Tall military camp received food and hygiene products in Nioro, Mali. The distribution, organised on Wednesday 14 October, included millet, rice, oil, sugar, pasta and soap, Studio Tamani reports.
Source: Studio Tamani
The desalination plant intended for agriculture in Pedro Vaz, on the Cape Verdean island of Maio, remains unfinished nearly two years after work began, despite an initial deadline of eight months. Farmers, facing a shortage of irrigation water and relying on rainfall, are calling for the work to be accelerated, according to the Inforpress agency.
Source: Expresso das Ilhas
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