African markets and business updates
Latest headlines from African markets, companies, and business sources.
Senegal’s Annual Inflation Slows to 1% in September From 1.2% in August
Senegal’s Annual Inflation Slows to 1% in September From 1.2% in August
Senegal's inflation slowed to 1% in September 2026, down from 1.2% in August. Food prices rose 0.9%, while transportation costs increased 1.2%. Locally produced goods became 1.4% more expensive. The government allocated more than CFAF 7.2 billion to support vulnerable households facing food insecurity. Senegal’s ...
Egypt's President Sisi will step down when term expires in 2030
Egypt's President Sisi will step down when term expires in 2030
Egypt’s President Abdel Fattah al-Sisi says he’ll leave office when his term expires in 2030. Making the announcement on Saturday, Sisi described the matter as “completely settled.”
Subsidy Return: International investors, markets have written off Nigerian opposition politicians as unserious, says Oyedele
Subsidy Return: International investors, markets have written off Nigerian opposition politicians as unserious, says Oyedele
“I concluded that the markets, including the domestic market—because that you can read from the capital markets—and the international markets, have largely, largely written off the opposition in Nigeria as being unserious. That is why they have not priced in the proposed return of subsidy,” Mr Oyedele said.
Senegal's Macky Sall withdraws from race for UN top job
Senegal's Macky Sall withdraws from race for UN top job
Senegal’s former President Macky Sall is pulling out of the race to lead the United Nations. Saturday's announcement comes one day after an informal straw poll by UN Security Council members saw all seven candidates receive at least one veto.
Ghana: “Take the Gold, but Restore the Land” — Lands Minister Charges Five Mining Cooperatives*
Ghana: “Take the Gold, but Restore the Land” — Lands Minister Charges Five Mining Cooperatives*
The message was clear at Nkroful in the Ellembelle District: Ghana can mine its gold without sacrificing its land, rivers and the livelihoods of future generations. The Minister for Lands and Natural Resources, Hon. Emmanuel Armah-Kofi Buah delivered this charge at the inauguration of five Responsible Cooperative Mining and Skills Development Programme (rCOMSDEP) societies; Salman, Atomic, Asanta, Bomoakpole and Akropong. The ceremony marked another step in the government’s effort to bring small-scale mining under effective regulation, with the Minister presenting certificates and permits to the cooperatives to support their operations within approved concessions.…
Frontline workers in DRC receive Ervebo vaccine amid growing Ebola outbreak
Frontline workers in DRC receive Ervebo vaccine amid growing Ebola outbreak
Frontline workers in DR Congo received the Ervebo vaccine on Friday as the country’s worst ever Ebola outbreak continues to spread. Ervebo is effective against the Zaire strain of Ebola. Authorities hope it will offer some protection against the Bundibugyo strain driving the current outbreak.
African Energy Leaders Call for Action on South-South Oil and Gas Partnerships
African Energy Leaders Call for Action on South-South Oil and Gas Partnerships
African and Caribbean energy leaders called for stronger cross-border investment, technology transfer and enforceable local-content requirements to ensure emerging oil and gas producers capture more value from their resources during the session South-South Energy Partnership: Advancing Africa’s Oil and Gas Future in 2026 at African Energy Week (AEW) 2026 in Cape Town. Ndapwilapo Selma Shimutwikeni, CEO, RichAfrica Consultancy, said partnerships could accelerate skills development. “From a business perspective, we need to build partnerships that encourage joint ventures between experienced countries and emerging countries like Namibia,” she said.…
Cracking the Nigerian syllabus: How Ex-UNILAG students engineered an exam cheat-code
Cracking the Nigerian syllabus: How Ex-UNILAG students engineered an exam cheat-code
UniBeta uses AI to help Nigerian university students prepare for exams. “Federal university lecturers rarely repeat exam questions verbatim; what they repeat are core topics.” When Dare Adeola and Olamide Onigbanjo set out to build UniBeta at the University of Lagos, they made the quintessential early-stage mistake: trying to build an “everything app.” They crammed timetable scheduling, street vox pops, peer tutoring, and a campus marketplace hawking thrift streetwear and perfumes into a single platform. The result? The outsourced mobile app arrived riddled with bugs, repeatedly failed Apple App Store and Google Play reviews, and nearly wiped out their savings.…
Why an Ethiopian nurse swapped her scrubs for software
Why an Ethiopian nurse swapped her scrubs for software
Medanit is a digital healthcare platform that is aiming to make healthcare easier to access in Ethiopia. In a hospital emergency ward, a three-hour delay searching for prescribed medication is not an inconvenience—it can be fatal. In 2020, while working in an Ethiopian public emergency room, nurse and social worker Beamlak Alemayehu watched patients lose critical hours moving from pharmacy to pharmacy just to locate essential drugs and tests. Some never survived the wait. Determined to fix the fragmentation, she set out to build Medanit in 2022 as a clean digital directory.…
JAMB’s Canadian ambition: A $20 ticket to a system parents fought to leave
JAMB’s Canadian ambition: A $20 ticket to a system parents fought to leave
JAMB plans to offer its entrance exam in Ottawa from 2027, using Nigeria’s diplomatic mission rather than building a new facility. But easier access to the test may not persuade diaspora families to choose Nigerian universities, where concerns about teaching quality, safety and reliability remain. Nigeria’s Joint Admissions and Matriculation Board (JAMB) wants to administer its university entrance exam inside the Nigerian High Commission in Ottawa by 2027. The goal? To internationalise Nigerian universities by making it easier for the diaspora to write the UTME and study back home. The registration fee is just $20.…