The most important developments in sub-Saharan Africa. Six days a week.
The International Monetary Fund (IMF) raised its 2026 growth forecast for sub-Saharan Africa to 4.5% in its World Economic Outlook on 13 October, up from 4.3% in July.
The Bank of Uganda called an unscheduled meeting of its Monetary Policy Committee for 14 October after the shilling fell to a 33-year low of about 4,140 to the dollar on 13 October.
A group of holders of Senegal's international bonds has chosen Alvarez & Marsal as its financial adviser for debt talks with the government, Reuters reported on 13 October, citing three sources.
Microsoft is restructuring its Africa Development Centre in Nairobi, where staff were told that fewer than ten of about 400 engineering jobs may remain, Kenyan technology media reported on 13 October.
Chad's President Mahamat Idriss Déby Itno met France's President Emmanuel Macron at the Élysée Palace on 13 October, where their defence ministers signed a declaration of intent to strengthen Chad's defence industry.
BW Energy said on 13 October that it had signed a $208 million, 12-year lease with China's Minsheng Financial Leasing to fund the Akoum wellhead platform for the Bourdon oil field, offshore Gabon.
Nigeria's government has paid about $920 million of its debts to electricity generation companies, Power Minister Joseph Tegbe said in Lagos on 13 October, adding that the rest would be settled in 2027.
Rwanda signed a 10-year agreement with Formula One to host a Grand Prix from the early 2030s, President Paul Kagame announced in Kigali on 13 October.
