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Investments
Gabon Hosts Conference to Enhance Understanding of National Development Plan
On November 14, 2026, the association “La Passion des autres” hosted a conference in Libreville to promote Gabon's National Growth and Development Plan (PNCD) 2026-2030, aiming for an 8% economic growth target by 2030 through public engagement and necessary reforms.
Honda Marine Launches New Four-Stroke Outboard Engines in South Africa
Honda Motor Southern Africa has launched two new four-stroke outboard engines, the BF60 and BF100, designed to enhance marine operations and reduce fuel consumption in South Africa's recreational and commercial boating sectors. Both engines are now available through a network of marine dealers.
Vice-President Calls for Strengthening State Governments to Boost Regional Prosperity
Vice-President Kashim Shettima emphasized empowering state governments to drive economic growth during the AfSNET Investment Conference 2026 in Calabar, urging local leaders to leverage competitive advantages and develop investment-ready projects to enhance regional prosperity and foster community benefits.
Bank of Ghana Addresses Concerns Over New Heritage Series Banknote Portrait
The Bank of Ghana clarified that the portrait on the new GH¢50 Heritage Series banknote, featuring Mrs Theodosia Salome Okoh, was created from multiple photographs and underwent artistic adjustments, addressing public concerns about its resemblance to her sister, Dr Letitia Obeng.
Nigeria
African Startups Experience Significant Decline in Funding Activity in October
African startups attracted USD 183 million in funding in October 2026, a 58% decline from USD 435 million in the same month last year. Nigeria led with USD 42 million, while startups outside the Big Four markets secured 54% of total funding.
Nigeria
UN Committee Recommends Reappointment of Dr. Sarah Alade for Investment Role
The United Nations General Assembly’s Fifth Committee has recommended Dr Sarah Alade for reappointment to the UN Investments Committee for another three-year term starting January 1, 2027, pending confirmation by the General Assembly.
Kenya
Manufacturers Advocate for Low-Carbon Cement Adoption in Construction Sector
Local cement manufacturers in Kenya are advocating for low-carbon cement to promote sustainable building practices, highlighted during the Kenya Industrialisation Summit 2026. Bamburi Cement launched DuraCem, which emits 64% less CO₂ than ordinary cement, aiming to enhance production capabilities and support national infrastructure projects.
Ghana
Ghana’s Tourism Sector Seeks Infrastructure Improvements and Sustainable Growth Strategies
Ghana's 2026 budget for tourism, arts, and culture shows promise but faces challenges, including poor infrastructure and uneven benefits for small businesses, according to consultant Emmanuel Frimpong. He emphasizes the need for improved data systems and collaboration to enhance the sector's growth and sustainability.
Gabon
Gabon Hosts Business Forum to Attract Chinese Investment for Economic Growth
The Gabonese National Agency for the Promotion of Investments hosted a business forum in Shanghai on November 4, 2026, to attract Chinese investors, focusing on economic cooperation and opportunities in mining, forestry, and energy sectors during President Brice Clotaire Oligui Nguema's state visit to China.
Egypt
Nclude Secures Final Close to Enhance Investment in African Startups
Nclude, an Egyptian venture capital fund, has closed over USD 112 million to finance technology startups in Africa and the Middle East, focusing on financial technology and inclusion. The fund supports investments ranging from USD 500,000 to USD 10 million across various development stages.
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