News
- Africa: Five35 Ventures Posts 3.5x Return in First Portfolio Exiton October 5, 2026 at 5:47 pm
[Daba Finance] Five35 Ventures has completed its first portfolio exit, generating a 3.5x multiple on its investment in Ghanaian agritech company Complete Farmer.
- South Africa: Mission Mobile Gets $30m for Smartphone Financing in South Africaon October 5, 2026 at 5:47 pm
[Daba Finance] South African mobile technology company Mission Mobile has secured up to ZAR500 million, about US$30.1 million, from investment holding company DN Invest to expand smartphone financing for mobile network customers. The Johannesburg-based startup, founded in 2023 by brothers Tim and Adam Strike, plans to use the funding to grow its customer base, fund more devices and develop products for mobile network operators.
- Ghana: Complete Farmer Secures $2.4m IFC Loan to Expand Farmer Financingon October 5, 2026 at 5:47 pm
[Daba Finance] Ghanaian agritech company Complete Farmer has secured a $2.4 million convertible loan from the International Finance Corporation to expand financing for smallholder farmers. IFC is also providing $480,000 in advisory support to strengthen the company's systems and its ability to work with financial institutions. The funding is backed by the Business Investment Financing Track of the Global Agriculture and Food Security Program.
- Kenya: Kenyan Court Orders E-Commerce Firm Copia Into Liquidationon October 5, 2026 at 5:47 pm
[Daba Finance] A Kenyan High Court has ordered e-commerce company Copia Kenya into liquidation following a September 17 ruling. The decision comes after more than two years of administration failed to revive the business, which aimed to serve consumers outside the country's major cities. Justice Rhoda Rutto, in her ruling, found no realistic path for Copia to return to operating as a going concern.
- Somalia: Somalia's Civil Aviation Authority Denies Reports of Aden Adde Airport Closureon October 5, 2026 at 3:07 pm
[Shabelle] Mogadishu -- The Somali Civil Aviation Authority (SCAA) has denied reports circulating on social media claiming that Aden Adde International Airport in Mogadishu will be closed in the coming days because of the expected arrival of senior officials and high-level delegations.
- Nigeria: Crashed Aircraft Travelling From Benin to Lagos - NAFon October 5, 2026 at 3:04 pm
[Premium Times] He said the Air Force has activated an immediate search and rescue operation following the crash.
- Nigeria: Nigerian Military Plane Crashes with 32 Onboard, Aviation Minister Sayson October 5, 2026 at 3:03 pm
[Premium Times] PREMIUM TIMES reported the crash on Monday morning, with the Nigerian Air Force saying the aircraft was travelling on a routine mission from Benin to Lagos.
- Liberia: Nocal, Nigeria's Ladol Sign Historic Deal - to Build World-Class Oil Shorebase in Buchananby alphonsotoweh@gmail.com (New Republic) on October 5, 2026 at 1:27 pm
[New Republic] Liberia is moving to correct a costly mistake of its past oil boom where millions of dollars in oilfield services and jobs were exported to Ivory Coast, Ghana and Senegal.
- Nigeria: 2027 - ADC, Borno Govt Trade Words Over Alleged Political Intimidation, Security Threatson October 5, 2026 at 1:26 pm
[Premium Times] ADC accuses the administration of Governor Babagana Zulum of plotting to deploy security agencies and state regulatory bodies against its leadership
- Nigeria: Helicopter Crashes in Ondoon October 5, 2026 at 1:25 pm
[Premium Times] The identity of the helicopter and the people on board have yet to be ascertained as of the time of this report.
- Nigeria: NNPC, Accounting for Fuel Subsidy, By Uddin Ifeanyion October 5, 2026 at 1:22 pm
[Premium Times] I am not an accountant, so my opinion on the NNPC's recently released 2025 annual financial report is a qualified one. It matters, therefore, that PwC, the audit and assurance firm, which signed off on the report has no doubt that it represents a true and fair view of the corporation's performance under the country's reporting standards. Far more comforting was my former colleague's response to the report's release: "Wonderful! While I was working in the bank, as the Corporate Banking Group's relationship
- Liberia: Naymote Calls for Probe Into Lofa India Training Allegationsby editor@liberianobserver.com (Liberian Observer) on October 5, 2026 at 1:22 pm
[Liberian Observer] Naymote Partners for Democratic Development calls for an independent investigation into concerns that a politically connected individual may have been nominated to represent Lofa County at an AARDO-supported training program in India, while the County's Development Officer was excluded.
- Liberia: Buchanan Set for Oil & Gas Shorebaseby mail@thenewdawnliberia.com (New Dawn) on October 5, 2026 at 1:14 pm
[New Dawn] LONDON -- The National Oil Company of Liberia (NOCAL) and Nigeria-based Lagos Deep Offshore Logistics Base (LADOL) have signed a Joint Development Agreement (JDA) to advance plans for an oil and gas logistics and shorebase facility in Buchanan, Grand Bassa County.
- Liberia: A Child's Distress Must Never Become Online Entertainmenton October 5, 2026 at 1:09 pm
[Liberian Investigator] A child who says she has nowhere safe to sleep should encounter protection from adults. The account reported by The Liberian Investigator raises painful questions about what this teenager encountered instead: alleged sexual abuse, followed by a public interview exposing intimate details of her experience.
- Somalia: Somalia, Saudi Arabia Discuss Trade, Investment and Red Sea Securityon October 5, 2026 at 1:06 pm
[Shabelle] Mogadishu -- Somalia and Saudi Arabia have discussed ways to strengthen their longstanding bilateral ties, with a focus on trade, investment and security in the Red Sea, Somalia's foreign ministry said.
- Liberia: Govt Tvet Mapping Sets Stage for Skills Revolution, Stronger Workforceby editor@liberianobserver.com (Liberian Observer) on October 5, 2026 at 1:02 pm
[Liberian Observer] The government has taken an important step toward addressing one of the country's most persistent development challenges--the gap between the skills people acquires and the skills the economy needs--with the nationwide mapping of Technical and Vocational Education and Training (TVET) institutions and stakeholders.
- Zimbabwe: Govt Launches Nationwide Crackdown On Illegal Alluvial Chrome Miningon October 5, 2026 at 12:32 pm
[263Chat] The Ministry of Mines and Mining Development has launched nationwide inspections of alluvial chrome mining operations and processing plants as the government moves to enforce compliance with the country's mining laws.
- Kenya: President Salva Kiir in Kenya for Talks On South Sudan Elections and Lamu Refineryon October 5, 2026 at 12:32 pm
[Capital FM] NAIROBI, Kenya, Oct 5 - South Sudan President Salva Kiir Mayardit arrived in Nairobi for talks with President William Ruto, with his country's December elections and its potential role in supplying crude oil to Kenya's planned Lamu refinery expected to dominate the agenda.
- Nigeria: North-East Governors Urge Govt to Fast-Track Mambila Hydropower Projecton October 5, 2026 at 10:44 am
[Premium Times] The North-East Governors' Forum has urged the federal government to fast-track the completion of the long-delayed Mambila hydropower project
- Somalia: Somalia, Qatar Discuss Expanding Cooperation in Development and Investmenton October 5, 2026 at 10:37 am
[Shabelle] Mogadishu -- Somalia and Qatar have discussed strengthening bilateral relations and expanding cooperation in development, investment and efforts to improve government institutions, Somalia's Foreign Ministry said.
- Nigeria: Benue Boat Mishap - Sema Deploys Divers On Search, Rescueon October 5, 2026 at 10:28 am
[Vanguard] The Benue State Emergency Management Agency (Benue-SEMA) has deployed local divers to search for the remaining missing persons on the tragic boat accident on River Katsina-Ala in Buruku Local Government Area of the state.
- Liberia: AML Builds Three Waste Management Centers - to Support 2030 Circular Economy Goalsby alphonsotoweh@gmail.com (New Republic) on October 5, 2026 at 10:23 am
[New Republic] Monrovia -- ArcelorMittal Liberia (AML) has kicked off the construction of three modern Waste Management Centers (WMCs) across its operational sites in Nimba and Grand Bassa counties.
- Kenya: CS Ogamba Asks University Lecturers to Resume Work, Pledges to Conclude 2025/2029 Cba Talkson October 5, 2026 at 10:21 am
[Capital FM] Nairobi -- Education Cabinet Secretary Ezekiel Machogu Ogamba has called on university lecturers and staff to obey court orders and return to work following the government's clearance of outstanding Collective Bargaining Agreement (CBA) arrears.
- Liberia: Liberty Party Breaks Ground On $400k Headquarters in Grand Bassaby editor@liberianobserver.com (Liberian Observer) on October 5, 2026 at 10:10 am
[Liberian Observer] The coastal city of Buchanan was transformed into a sea of green on Saturday, October 3, 2026, as hundreds of partisans, elders, and national leaders of the Liberty Party gathered for a historic rebranding ceremony that marked a pivotal new chapter for the Liberty Party.
- Liberia: Nocal Deal Targets More Jobs for Liberiansby editor@liberianobserver.com (Liberian Observer) on October 5, 2026 at 10:09 am
[Liberian Observer] Liberia is moving to keep more oil industry jobs and contracts at home after earlier drilling operations relied heavily on services from neighboring countries. The National Oil Company of Liberia (NOCAL) has signed an agreement with Nigeria's Lagos Deep Offshore Logistics Base (LADOL) to develop a shorebase in Buchanan that would allow more of that work to be handled locally.
- Nigeria: Where Is Oil Windfall?on October 5, 2026 at 10:06 am
[Daily Trust] Lagos -- With the prolonged US-Iran war causing disruptions in the global oil market and shooting up the prices of crude, Nigeria has raked in billions of Naira in oil windfall in the last six months, Daily Trust can report.
- Nigeria: Zulum, Yahaya Commission Road Projects in Gombeon October 5, 2026 at 10:05 am
[Daily Trust] Borno State Governor, Babagana Umara Zulum alongside his Gombe State counterpart, Muhammadu Inuwa Yahaya, on Sunday, commissioned several projects in Kwami Local Government Area of Gombe State.
- Burkina Faso: Women Weavers Give Faso Dan Fani Fresh Momentumon October 5, 2026 at 8:26 am
[Bird Story Agency] Faso Dan Fani, Burkina Faso's distinctive woven cloth, is evolving with the growth of organic cotton, efforts to combat counterfeiting and improvements in weaving techniques. The women who have sustained this industry for generations are adapting to new quality requirements and seeking better returns for their work.
- Nigeria: Nigerians Turning to Survival Loans As Consumption Borrowing Jumps - Reporton October 5, 2026 at 5:00 am
[This Day] A new survey has found that Nigerians are increasingly turning to formal credit to meet everyday consumption and cope with financial pressures, rather than to expand businesses or build productive capacity.
- Nigeria: SERAP Gives Tinubu 7 Days to Account for N94.4bn Petroleum Revenues, Gas Flaring Penaltieson October 5, 2026 at 5:00 am
[Leadership] The Socio-Economic Rights and Accountability Project (SERAP) has given President Bola Tinubu seven days to order an investigation and account for more than N94.4 billion in petroleum revenues and gas-flaring penalties allegedly diverted, left unremitted or unaccounted for, or spent irregularly.


