African markets and business updates

Latest headlines from African markets, companies, and business sources.

African Mining Week (AMW) 2026 Technical Track Looks Beyond the Mine

Africa Energy Chamber · 19 Oct 2026 · 09:00

Presentations on the final day of African Mining Week 2026 covered financing, regulation, skills, power and tailings safety across Africa’s mineral value chains. The final day of African Mining Week (AMW) 2026 in Cape Town on Friday featured a series of technical presentations examining what Africa’s mineral value chains require beyond the mine, from financing and regulation to skills, power and tailings safety. Financing Value Beyond the Mine Danie Dörfling-Kruger, Head of Business Development and Marketing at Moore Infinity, opened the day with a presentation arguing that the value of Africa’s minerals is realized in transport corridors and priced in the cost of capital.…

African Energy Chamber (AEC) Executive Chairman NJ Ayuk Joins African Collaborations Group (ACG) Advisory Board to Advance Sport and Entertainment Districts Across Africa

Africa Energy Chamber · 19 Oct 2026 · 09:00

African Collaborations Group (ACG) ( www.ACGafrica.com ), the leading strategic project origination and collaboration platform focused on the industrialisation of sport in Africa through the origination of bankable sport and entertainment district ecosystems, today announced the appointment of NJ Ayuk to its Advisory Board. Mr Ayuk is the Executive Chairman of the African Energy Chamber (AEC), the leading voice of the African energy sector, representing the interests of energy companies, service providers, ministries and public authorities across the continent.…

More Than a Trophy: Africa’s Moment to Champion Women’s Football (By Isha Johansen)

Africa Energy Chamber · 19 Oct 2026 · 08:00

By Isha Johansen, former CAF ( www.CAFonline.com ) Executive Committee Member and the first West African woman to serve on the FIFA Council. For years, Africa has been known for its growth story. Investment has flowed, new tech has been growing fast, and a young, active population has inspired hope for the future. Women’s football now offers another lens through which to consider that progress.…

Sahel solar and Kenya mini-grids show the regional template Nigeria is funding, Kowatek Solar observes

Africa Energy Chamber · 19 Oct 2026 · 08:00

Kowatek Solar LTD ( www.Kowatek.com ) observes that two neighbouring markets have moved distributed and grid-support solar from announcement to money, offering a practical template for the segment Nigeria’s new Distributed Renewable Energy Fund is designed to finance. On 2 October 2026 the African Development Bank said Qair’s Gassi and Lamadji hybrid plants in Chad had reached financial close and first disbursement. The projects total 30 MWp of solar with 8 MWh of battery storage, under a 20-year power purchase agreement with Tchadelec. A €37.9 million package was structured by the Bank with Proparco, the Sustainable Energy Fund for Africa and the Green Climate Fund.…

Burkina Faso Launches $171.2 Million Bond Issue on Regional Market

Ecofin Agency · 19 Oct 2026 · 06:52

Burkina Faso has launched a CFA franc-denominated bond issue worth CFA100 billion ($171.2 million) to finance its 2026 budget, with subscriptions open from October 12 to 30. The issue offers fixed interest rates of 6.60% for five-year bonds, 6.75% for seven-year bonds and 7% ...

US Wants Senegal’s Debt Restructuring Completed in Less Than a Year

Ecofin Agency · 19 Oct 2026 · 06:50

The United States wants Senegal to complete its debt restructuring in less than 12 months, although the parties have not yet set an official timeline. Senegal’s public debt has been reassessed at about 130% of GDP following the 2024 disclosure of previously undeclared borrowing ...

World Bank Joins African Countries’ Push to Process More Minerals at Home, Starting With Zambia, Mauritania and Malawi

Ecofin Agency · 19 Oct 2026 · 06:22

The World Bank, led by President Ajay Banga, plans to support African mining countries in developing local processing industries through government partnerships known as “Compacts.” Zambia, Mauritania and Malawi are pursuing different industrial goals, from manufacturing copper cables to producing higher-value iron products and ...

Algeria to Invest $71.6 Billion in Oil and Gas Sector by 2030 as Demand Rises

Ecofin Agency · 19 Oct 2026 · 05:43

Algeria plans to invest $71.6 billion in upstream hydrocarbons, refining and petrochemicals by 2030 to meet rising domestic demand and preserve export volumes. The country aims to increase primary hydrocarbon production to about 201 million tonnes of oil equivalent by 2030, from 193 million tonnes ...

Ethiopian Airlines, China Southern Sign Codeshare to Tap Fast-Growing China-Africa Market

Ecofin Agency · 19 Oct 2026 · 02:09

Ethiopian Airlines and China Southern Airlines have signed a codeshare agreement to expand travel options between China and Africa, allowing passengers to access more destinations through connecting flights on both networks. Round-trip passenger traffic between China and Africa rose 36% to 2.93 million in 2025, but ...

Mali's Push to Cut Diesel Use in Telecoms Opens Market for Energy Storage

Ecofin Agency · 18 Oct 2026 · 18:46

China's Jinko ESS has signed an agreement to supply 34 battery storage systems with a combined capacity of 18 MWh for a telecom project in Mali, where operators are working to reduce their reliance on diesel generators. Investment in cleaner telecom power is growing in Mali, ...