Uganda has officially named its crude oil "Pearl Sweet," nearly 20 years after the discovery was announced. President Yoweri Museveni unveiled the name on September 2, 2026, in Kampala, marking what observers describe as a shift from political promise to commercial reality. According to The Independent Uganda, the country now faces the challenge of finding a market for its oil as it moves toward production.

Nigeria's economy grew by 4.43 per cent in the second quarter of 2026, according to the National Bureau of Statistics. The expansion, reported by Premium Times, was supported by improved performances in both the oil and non-oil sectors. However, industrial growth slowed compared with the same period a year earlier, indicating mixed momentum across sectors of Africa's most populous economy.

The Kenya Revenue Authority (KRA) says it is collaborating with importers and other stakeholders to ensure faster and smoother cargo clearance following the introduction of new import rule requirements. According to Capital FM Business, the move announced in Nairobi on September 7, 2026, aims to address delays affecting cargo clearance at entry points as traders adjust to the updated regulations. The tax agency indicated that engagement with stakeholders is central to easing the transition and minimizing disruption to trade.

Morocco is investing $500 million to build the Grand Stade Hassan II in El Mansouria, about 40 kilometres outside Casablanca, which is set to be the world's biggest stadium, according to Business Times. The project is intended to make a statement and strengthen Morocco's position as it eyes hosting the 2030 FIFA World Cup final. Construction of the mega-venue reflects the country's broader ambitions to showcase its infrastructure and sporting credentials on the global stage ahead of the tournament.

Ugandan artist Pallaso has addressed the debate over concerts charging entrance fees of UGX 20,000 to 30,000, disputing claims that such shows are automatically unprofitable. According to Pallaso, ticket sales from these affordable prices are not necessarily his biggest source of profit, suggesting artists can still earn millions through other revenue streams linked to such events, as reported by BigEye.UG.

Kenya Electricity Generating Company (KenGen) reported a drop in net profit to Sh10.35 billion, attributing the decline to lower finance income. According to the company, finance income fell from Sh4.1 billion to Sh2.9 billion during the year. The results highlight pressure on the state-linked power generator's earnings, with the reduced finance income cited as the main driver of the profit decline for the period under review.