africa / news
🌍 AFRICA | TOP TEN NEWS
🇪🇹 1. ETHIOPIA AND ERITREA CUT DIPLOMATIC TIES
Ethiopia closed its embassy in Asmara and expelled ten Eritrean diplomats, accusing its neighbour of hostility and backing rebels in the north. Eritrea responded by severing all diplomatic ties, while Egypt and Ethiopia also traded diplomat expulsions.
Source: Reuters / Al Jazeera · Edited & presented by GSR Analytix
🇨🇩 2. CONGO'S EBOLA DEATH TOLL PASSES 4,000
Congo's Health Ministry reported 4,018 deaths among 8,300 cases since the outbreak was declared in May, the fastest-growing Ebola outbreak on record. The WHO warns it is on track to exceed West Africa's 2014–2016 epidemic.
Source: Congo Health Ministry / AP · Edited & presented by GSR Analytix
🇲🇦 3. MOROCCO NAMES ITS FIRST WOMAN PRIME MINISTER
King Mohammed VI appointed Fatima Ezzahra El Mansouri as head of government after her Authenticity and Modernity Party won the most seats in the 23 September election. The former Marrakech mayor must now form a coalition ahead of the 2030 World Cup.
Source: Reuters / MAP · Edited & presented by GSR Analytix
🇿🇲 4. ZAMBIA DELIVERS SHOCK 250-POINT RATE CUT
The Bank of Zambia cut its policy rate to 10.75% from 13.25%, its biggest cut in more than a decade, versus a 25-basis-point cut expected. Inflation slowed to 6.1%, its lowest since 2018, as talks with the IMF on a new programme continue.
Source: Bank of Zambia / Reuters · Edited & presented by GSR Analytix
🇿🇦 5. SOUTH AFRICAN FACTORIES RETURN TO GROWTH
The Absa manufacturing PMI rose to 50.7 in September from 45.8, back above 50 for the first time since May on a sharp rebound in new orders. Employment stayed weak, while Durban port delays and higher fuel costs kept pressure on manufacturers.
Source: Absa / BER · Edited & presented by GSR Analytix
🇳🇬 6. NIGERIAN PUBLIC SERVANTS STAGE THREE-DAY STRIKE
Public sector unions began a nationwide warning strike from 2 to 4 October over economic hardship. They are demanding a cut in petrol prices to N500 a litre, a wage award and talks on a new minimum wage.
Source: JNPSNC / Punch · Edited & presented by GSR Analytix
🇳🇬 7. DANGOTE REFINERY IPO ENTERS FINAL STRETCH
The Dangote refinery's IPO, seeking about 2.15 trillion naira ($1.63 billion) mainly from retail investors, closes on 13 October. The refinery swung to a $1.82 billion profit in the first half of 2026 after a $476 million loss last year.
Source: Reuters · Edited & presented by GSR Analytix
🇰🇪 8. KENYA INFLATION HITS ONE-YEAR HIGH
Kenya's annual inflation rose to 6.8% in September from 6.6%, driven by food prices up 9.5% and transport up 15.6%. Core inflation climbed to 4.0%, keeping pressure on the central bank.
Source: KNBS · Edited & presented by GSR Analytix
🇬🇼 9. GUINEA-BISSAU JUNTA BLOCKS EMBALÓ'S RETURN
The military government barred ousted president Umaro Sissoco Embaló from returning from exile in Morocco on 4 October, citing security concerns. Embaló says he will still contest the 6 December presidential election.
Source: AP / ANG · Edited & presented by GSR Analytix
🇬🇭 10. GHANA'S CEDI GIVES BACK 2025 GAINS
The cedi has lost 9.5% against the dollar in the first nine months of 2026, after posting a 41% gain last year. The World Bank points to strong dollar demand from the energy sector and dividend repatriation.
Source: Bank of Ghana / World Bank · Edited & presented by GSR Analytix
