20 Oct, 2026

Senegal’s IMF loan: Sonko rejects President Faye’s approach

Senegal’s debt hit 25.2 trillion CFA francs about 44 billion US dollars by end-2025 after an official audit.

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19 Oct, 2026

US-Africa trade: Ramaphosa tells South Africa to brace for AGOA exclusion

President Cyril Ramaphosa said the impact on jobs would be “devastating” and he has been travelling around the world to explore alternative markets.

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18 Oct, 2026

Africa Finance Corporation eyes iron ore and uranium investments

The Africa Finance Corporation is looking for investments in iron ore and uranium as it seeks to expand its reach in critical minerals projects on the continent.

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17 Oct, 2026

Angola’s fuel subsidies spending projected to hit $4 billion in 2026, official says

Angola could spend up to 3.8 trillion kwanzas ($4.16 billion) on fuel subsidies this year, nearly double its initial projections of less than 2 trillion kwanzas, a senior finance official told Reuters on Friday.

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16 Oct, 2026

Tesla unveils long-awaited next generation Roadster sports EV after years of delay

Roadster can accelerate from 0 to 96 kilometres per hour in less than one second and can hit a top speed of over 370 kph, says Tesla’s billionaire CEO Elon Musk.

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14 Oct, 2026

IMF warns Nigeria against return of petrol subsidy amid rising pump prices

The Fund said blanket petrol subsidies are expensive, often benefit higher-income consumers disproportionately, and worsen fiscal pressures amid rising borrowing costs.

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14 Oct, 2026

Nigeria finance minister says developing countries paying $500b more to refinance debt

Nigeria’s Finance Minister Taiwo Oyedele said on Tuesday that developing countries are paying $500 billion more than they should to refinance debt.

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13 Oct, 2026

Tanzania closing in on bid to become East Africa’s energy hub with $42bn deal

Finance Minister Khamis Mussa Omar says the $42 billion gas deal is “almost there” as the country aims to roughly double its power generation capacity.

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12 Oct, 2026

Dangote refinery: Africa’s largest IPO to be extended by 10 days

The IPO has been extended by 10 days to allow investors from other African countries to participate, a company executive and adviser said.

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11 Oct, 2026

Zambia and Ethiopia to register reduced debt in coming months: credit rating agency Moody’s

Moody’s has raised its outlook for Sub-Saharan African countries to positive, saying reforms had helped them weather inflationary pressures, while strong commodity prices and easier access to financing had improved their fiscal positions.

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