BOLDEN African News
Business news from across Africa, checked before it reaches you
A rolling record of the deals, decisions and market moves that matter to BOLDEN members, newest first. Every story is checked against its original source and links to it. For the investment data behind the headlines, see BOLDEN Intelligence.
No stories match yet. New stories are added every day; try a wider search or .
Friday 2 October 2026
-
Rwanda's Capital Market Authority brings in new corporate governance regulations
New capital market corporate governance regulations, replacing the 2012 code, took effect on 2 October 2026. The chair and CEO roles must be separate, boards of covered companies must have 7 to 11 directors, and a director may sit on no more than three listed company boards. Annual reports must include sustainability information, whistleblowing details and complaint statistics.
Source: The New Times · 4 October 2026
Thursday 1 October 2026
-
Attijariwafa bank agrees to take majority control of Société Générale Ghana
Société Générale Group has agreed to sell its entire 60.22% stake in Société Générale Ghana. Morocco's Attijariwafa bank will acquire 55.22% and become the majority shareholder, while Ghana's Social Security and National Insurance Trust (SSNIT) will take the remaining 5%. The sale is subject to conditions precedent and regulatory approval, and the price was not disclosed.
Sources: MyJoyOnline, Nairametrics · 1 October 2026
-
South Africa presents R3.5 billion of tourism projects to investors
At the Tourism Infrastructure Investment Summit in Johannesburg on 1 October, hosted by Minister Patricia de Lille, the government presented 15 opportunities worth about R3.5 billion in accommodation, attractions and infrastructure. Three projects had already secured funding commitments. The 2025 summit featured eight projects with nearly R1 billion in potential investment.
Sources: ATTA (South African Tourism), Travel And Tour World · 10 October 2026
-
KawiSafi Ventures invests US$2 million in Orb Energy's Nairobi-based solar business
KawiSafi Ventures, created by Acumen, has invested US$2 million of equity in Orb Energy's Africa business to support its project pipeline in Kenya and East Africa. Orb has installed close to 15MW of rooftop solar in East Africa for more than 60 commercial and industrial customers. KawiSafi's second fund counts the Green Climate Fund among its anchor investors.
Source: African Startups · 5 October 2026
-
Africa Go Green Fund commits up to US$18 million for a Kigali cold-storage facility
The Africa Go Green Fund, a KfW initiative managed by Cygnum Capital, is providing up to US$18 million in senior debt to Cold Solutions Rwanda. The financing covers construction and working capital for a facility in the Kigali Prime Economic Zone with initial capacity of 4,000 pallets, expandable to 8,000. It will include storage for temperature-sensitive pharmaceuticals.
Source: African Startups · 1 October 2026