African markets and business updates

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

Ghana and India Historically Champions of the Global South

Africa Energy Chamber · 09 Oct 2026 · 18:02

Ghana and India have reaffirmed their historical credentials as champions of the Global South, dating back to the days of the founding fathers of the two independent countries, namely President Kwame Nkrumah, and Prime Minister Jawaharlal Nehru. This was emphasised during the first official visit to Ghana by India’s External Affairs Minister, His Excellency Dr. Subrahmanyam Jaishankar, on Tuesday, 6th October, 2026. During the visit, the Minister for Foreign Affairs, Honourable Okudzeto Ablakwa noted that, Ghana and India had historically been champions of the Global South and shared a commitment to independence, self-reliance, dignity, and strategic autonomy.…

Ghana Appreciates India’s Enduring and Impactful Partnership Evidenced Through Various Projects

Africa Energy Chamber · 09 Oct 2026 · 17:48

Ghana and India have reaffirmed their commitment to deepening their longstanding bilateral relations and advancing cooperation across a wide range of strategic areas during the first official visit to Ghana by India’s External Affairs Minister, His Excellency Dr. Subrahmanyam Jaishankar, on Tuesday, 6th October, 2026.…

Kenya: Projects Advance Development and Digital Access in Bobasi, Kisii County

Africa Energy Chamber · 09 Oct 2026 · 17:27

Construction and development projects in Masige East, Bobasi Constituency, Kisii County, are progressing, with ongoing works expected to deliver improved education, digital access and community facilities. Principal Secretary for Broadcasting and Telecommunications Stephen Isaboke toured three projects in the area to assess progress and the pace of implementation. At Bogesaka Primary School, the PS inspected the construction of new classrooms being undertaken in partnership with the Safaricom M-PESA Foundation. The project, which was launched a few weeks ago, is progressing steadily and is expected to provide learners with additional classroom space.…

Kenya: Kisii Communities Step Up Tree Planting Ahead of Mazingira Day 2026

Africa Energy Chamber · 09 Oct 2026 · 17:12

Communities in Kisii County are stepping up grassroots climate action through tree planting and environmental conservation ahead of Mazingira Day 2026. Principal Secretary for Broadcasting and Telecommunications Stephen Isaboke, EBS joined pupils, teachers, the Board of Management and parents of Chirichiro DEB Primary School in Nyaribari Chache for a tree-planting exercise ahead of the celebrations. This year’s theme, “Panda Miti, Boresha Mazingira,” highlights the importance of collective action in building a healthier and more resilient environment. The national target of planting 15 billion trees calls for participation from schools, communities and households across the country.…

Ghana and India Sign Memoranda of Understanding (MoUs) in Agricultural Research and Education; and in the Field of Biodiversity

Africa Energy Chamber · 09 Oct 2026 · 17:04

A major outcome of the visit to Ghana by India’s External Affairs Minister, His Excellency Dr. Subrahmanyam Jaishankar, was the signing on Tuesday, 6th October, 2026 of two Memoranda of Understanding (MoUs), the MoU on Cooperation in Agricultural Research and Education between the Indian Council of Agricultural Research (ICAR) and the CSIR-Crops Research Institute (CSIR-CRI), Ghana, and the MoU on Cooperation in the Field of Biodiversity. The agricultural research agreement provides a framework for cooperation in areas including the exchange of scientists and technologists, scientific information and materials, and collaborative research and training.…

President Herminie Launches New Land Reclamation Project to Shape Seychelles' Future

Africa Energy Chamber · 09 Oct 2026 · 16:58

The promise of new homes, schools, businesses and opportunities for future generations took a significant step forward today as President Dr Patrick Herminie officially launched the East Coast Project Phase 4 (ECP4) at Ile Aurore, marking another chapter in Seychelles' land reclamation programme. Upon arrival, the President received a warm welcome from students before joining dignitaries for the official ceremony. The event was attended by Vice-President Sebastien Pillay, who holds the portfolio for Lands and Housing, Cabinet ministers, high-ranking government officials, representatives of Jan De Nul Dredging Limited and other invited guests.…

Tree-Planting Symbolising Enduring Friendship and Growing Partnership Between Ghana and India

Africa Energy Chamber · 09 Oct 2026 · 16:58

The first official visit to Ghana by India’s External Affairs Minister, His Excellency Dr. Subrahmanyam Jaishankar, saw the planting of a tree on Tuesday, 6th October, 2026 at the Ministry of Foreign Affairs, symbolising the enduring friendship and growing partnership between Ghana and India, and the shared commitment of the two countries to be responsible for environmental sustainability. The Minister for Foreign Affairs, Hon. Samuel Okudzeto Ablakwa, together with his Indian counterpart were assisted in the tree-planting by Hon. Haruna Iddrisu, Ghana’s Minister for Education. Distributed by APO Group on behalf of Ministry of Foreign Affairs, Republic of Ghana.

India Commends Ghana’s Commitment to the Reparatory Justice Agenda; Reform of the United Nations Including the Security Council

Africa Energy Chamber · 09 Oct 2026 · 16:51

India’s External Affairs Minister, His Excellency Dr. Subrahmanyam Jaishankar, during his first official visit to Ghana, from 6th – 7th October, 2026, indicated that, India welcomed Ghana’s role in continental and multilateral affairs and commended its commitment to the reparatory justice agenda and restitution of cultural properties. His Excellency Dr. Jaishankar also called for stronger cooperation between Ghana and India on the Sustainable Development Goals (SDGs) and reform of the United Nations system, including the Security Council. Distributed by APO Group on behalf of Ministry of Foreign Affairs, Republic of Ghana.

Panthera Targets New Gold Discoveries Across Burkina Faso and Mali

Ecofin Agency · 09 Oct 2026 · 16:41

Panthera Resources estimates an initial discovery target of 0.7 million to 1.6 million ounces of gold at its Bido project in Burkina Faso. The company also holds exposure to 635,000 ounces of indicated and inferred resources at Cascades in Burkina Faso and 803,000 ounces ...

Hakainde Hichilema (HH) Outlines ‘Grow Zambia’ Agenda: Targets Double Gross Domestic Product (GDP) Growth after $1.36b Eurobond Buyback

Africa Energy Chamber · 09 Oct 2026 · 16:07

President Hakainde Hichilema has presented a five-year blueprint aimed at doubling the size of Zambia’s economy, supported by debt restructuring milestones and record foreign exchange reserves. ​Delivering his address to the Fourteenth National Assembly under the theme “Grow Zambia: An Agenda for Inclusive Growth and Opportunity for Every Zambian,” President Hichilema explained that five consecutive years of positive GDP expansion have set the foundation for broader economic progress. ​”Gross International Reserves have increased to their highest levels ever,” President Hichilema said.…