The most important developments in sub-Saharan Africa. Six days a week.
Rising oil prices keep pushing up costs for Africa's fuel importers: Brent crude jumped about 5% to around $105 a barrel on 8 October after new attacks on tankers in the Strait of Hormuz.
Credit ratings are improving across sub-Saharan Africa: on 7 October Moody's turned its outlook for the region's governments to positive, citing falling debt and borrowing needs.
Mozambique's government on 8 October set out a plan to settle arrears of up to 81.3 billion meticais ($1.27 billion), including 38.9 billion meticais in unpaid bills to suppliers.
Zambia's installed generating capacity has reached 4,722 megawatts (MW), up from 3,777 MW in 2024 and nearly twice peak demand of about 2,400 MW, energy ministry figures presented on 8 October show.
Burkina Faso's cabinet on 8 October adopted a bill banning the privatisation of strategic state companies and allowing the state to take stakes in any company it deems strategic, together with the 2027 budget bill.
Niger's petrol supply gap keeps widening: the shortfall reached 196.6 million litres in the first eight months of 2026, against 159.7 million litres in all of 2025 and 47.3 million in 2024.
Moove, a vehicle-financing company founded in Lagos and backed by Uber, said on 8 October that it will end its Nigerian operations after six years.
