African markets and business updates

Tunisia is preparing an emergency response after detecting olive knot disease in the Mahdia governorate. Olive oil production is forecast to fall to 300,000 tons in 2026/2027, down 40% from the previous season. Olive oil exports earned Tunisia $1.35 billion in 2025, making the ...

.Dangote's ambition to attract 10 million retail investors is running into Africa's fragmented financial regulations. The share offering has been extended to October 27, but remains registered only in Nigeria. The obstacles raise a bigger question about who can truly benefit from Africa's ...

The Bank of Uganda raised its key rate to 12% from 9.75% at an emergency meeting on Oct. 14, three weeks after tightening bank reserve rules. The move comes as interest payments absorb nearly a third of domestic revenue and the state plans heavy ...

BW Energy plans to connect five new production wells to the MaBoMo platform as it seeks to increase output at its offshore Dussafu oil field in Gabon. Two successful appraisal wells have identified an estimated 8 million to 9 million additional gross recoverable barrels ...

Togo is seeking to attract Chinese financial institutions to establish a local presence, aiming to strengthen trade finance, industrial investment and economic cooperation with Beijing. Bilateral trade between Togo and China reached $5.43 billion in 2025, up 55% year on year, although trade flows remain ...

CFA Institute ( www.CFAInstitute.org ) and the Financial Services Institute (FSi.Africa) announce a strategic collaboration to broaden access to internationally recognised investment education and support the development of Mauritius’ financial services workforce. Initiated and led by CFA Society Mauritius , the collaboration brings together the educational expertise of CFA Institute and FSi.Africa’s capacity-building platform together with the Mauritius’ Society’s network of investment professionals. It reflects a shared commitment to strengthening professional competence, promoting ethical practice and creating more accessible opportunities for learning and career development.…

Africa's economies have shown encouraging resilience, but resilience is not immunity, warns IMF Africa director Zeine Zeidane.

The patient, a 39-year-old man, is a relative of Kenya’s first case – related to the ongoing deadly outbreak in the Democratic Republic of the Congo (DRC) – who died in hospital on 5 October. He was among contacts who were placed in quarantine and developed symptoms on 13 October. ‘We all have a role to play’ “I congratulate the Government for taking this important step to ensure that contacts are listed and quarantined,” WHO Representative Dr. Neema Rusibamayila Kimambo told UN News in Nairobi, a day after the Ministry of Health confirmed the new case. “But to defeat this disease, it's not about the Government, it is not about partners It is about everybody,” she insisted.…

Burkina Faso’s Bomboré gold mine produced 116,188 ounces in the first nine months of 2026, exceeding its full-year 2025 output of 110,014 ounces. Canadian operator Orezone Gold expects production to reach 160,000–180,000 ounces in 2026, supported by a new processing plant commissioned in late 2025. Burkina Faso ...

The Aga Khan Development Network (AKDN) will venture into green hydrogen products in Uganda as part of its environmental preservation campaign. This revelation was made by Amin Mawji OBE, the AKDN Diplomatic Representative in Uganda when he paid a courtesy call on the Speaker Jacob Marksons Oboth on Thursday, 15 October 2026. Mawji said the plant will extract nitrogen from water at a much lower cost than ordinary fertilizer so that Ugandan farmers no longer depend on external supplies. He added that AKDN is in negotiations with the Ministries of Energy and Finance for support.…