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According to Fana Media Corporation (FMC), 🇪🇹🇬🇭 Ghanaian President Says Ethiopia’s Megech Dam Offers Africa a Blueprint for Transformational Development On Oct 23, 2026 670 Addis Ababa, October 23, 2026 (FMC) — Ghanaian President John Dramani Mahama has described Ethiopia’s Megech Irrigation Dam as an inspiration for Africa’s development, saying the project has strengthened his determination to revive Ghana’s abandoned Pwalugu Multipurpose Dam and Irrigation Project.
According to BusinessDay, Share Ethiopia’s securities market has added another licensed intermediary: PrizeWorth Investment Bank S.C. has joined the Ethiopian Securities Exchange (ESX) as a trading member, bringing the total number of firms authorised to trade on the bourse to nine. The Exchange announced the admission in a press release after a ceremony at its Addis Ababa headquarters, where PrizeWorth received its membership certificate.
According to BusinessDay (Nigeria), Share Africa’s private capital market recorded a seven-year series high in disclosed transaction value in the third quarter of 2026, even as dealmaking slowed, with growing debt financing and large infrastructure transactions driving the increase, according to a new report by Stears. The continent recorded 240 private market transactions valued at $19 billion in the three months to September, a 57 percent increase from the revised $12.1 billion recorded in the second quarter.
According to Birr Metrics, Fuel Stations Barred From Switching Distributors Without Contractual Clearance Yared Seyoum October 23, 2026 Federal Democratic Republic of Ethiopia Petroleum and Energy Authority says it will reject dealer-switching requests unless stations secure clearance from existing suppliers or provide evidence of contractual violations .
According to Business Day, The aim is to solve a number of problems hindering network deployment in the country The government aims to reduce the delays and red tape characterising digital infrastructure builds in South Africa. By doing so, communications minister Solly Malatsi aims to solve several problems hindering network deployment in the country, including the high cost of broadband communication; cumbersome and fragmented administrative compliances that slow down the pace of building digital infrastructure; and delays in building and extending networks, which act as a primary obstacle to achieving affordable, high-speed connectivity for all South Africans.
According to Devdiscourse (Reuters syndicated feed), Read more about AFDB lends Morocco $487 million in support of reforms, climate resilience on Devdiscourse AFDB lends Morocco $487 million in support of reforms, climate resilience Reuters | Updated: 22-10-2026 17:23 IST | Created: 22-10-2026 17:23 IST SHARE Key Takeaways AI Summary Analyzing article... The African Development Bank (AFDB) said on Thursday it approved a $487 million loan package in support of Morocco's economic reforms and climate resilience.
According to billionaires.africa, Thomson Broadcast, owned by Madagascar’s richest man Ylias Akbaraly, hopes Macron’s Nigeria visit will help it land a €400 million contract. Table of Contents Ylias Akbaraly, the industrialist widely regarded as Madagascar's richest man, is seeking a contract worth about €400 million ($449 million) for his French company Thomson Broadcast to build radio and television broadcasting infrastructure across Nigeria, and he is counting on French President Emmanuel Macron's state visit to get it signed.
According to ITWeb Africa, The alliance aims to help early-stage companies develop AI applications for sectors including financial services, healthcare, education and agriculture. By Elijah Oseni , Nigerian Contributor Johannesburg, 22 Oct 2026 Udu Technologies, AfriLabs partner to widen AI computing access for African start-ups. Nigerian technology company Udu Technologies has partnered with pan-African innovation network AfriLabs to expand access to artificial intelligence (AI) computing resources for startups and developers across the continent.
According to Daily News Hub, President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has unveiled an ambitious plan to establish an extensive petroleum distribution network across Africa, with investments in pipelines, storage facilities and strategic supply corridors. He has also urged African governments to protect domestic industries against unfair foreign competition.
According to ThisDay, News Dangote unveils $50bn Africa investment plan, acquires 25% stake in Kenya pipeline network 20 hours ago by todaynews “Just let me tell you, yesterday, with the support from the President of Kenya, we bought 25 per cent of the pipeline network for the distribution of petroleum products,” he said. The Group, he explained, was also developing a distribution corridor linking Djibouti with Addis Ababa, the Ethiopian capital, including tank farms designed to support the storage and movement of petroleum products.
According to Billionaires Africa, Aliko Dangote's group has bought nearly a quarter of Kenya Pipeline Company for $327 million, weeks after he broke ground on a Kenyan refinery. Table of Contents Nigerian billionaire Aliko Dangote said his group has bought a quarter of Kenya Pipeline Company Ltd., the state-controlled operator of the network that carries fuel from the port of Mombasa to the rest of the country and on to neighboring states, in a deal worth about 42.5 billion shillings ($327 million).
According to Capital Ethiopia, Ethiopia could lose up to $453 million in coffee export revenue as strict European Union (EU) environmental rules threaten shipments failing to meet traceability, geolocation, and legal compliance standards, according to a new study by ODI Global. The report, titled The Case of EUDR in Ethiopia: How to Secure Climate, Trade and Development Goals, and Overcome Risks of Market Exclusion, warns that the EU Deforestation Regulation (EUDR) poses severe risks to Ethiopia’s coffee sector, with far-reaching consequences for rural livelihoods, foreign exchange earnings, and overall economic stability.