This Wednesday 4 November 2026, Business.OI reviews the most significant economic signals from overnight across the Indian Ocean and sub-Saharan Africa.
[MADAGASCAR] Private Sector Seeking Post-Doha Financing
In the wake of the Doha Investment Forum, Madagascar's private sector is still waiting for concrete funding to materialise. The government maintains its growth target of 6% for 2026, bolstered by the mining sector following the lifting of a moratorium, but bank credit access remains a structural constraint for SMEs. Blended finance solutions are being explored between public and private partners.
[KENYA / AFRICA] NCBA Sounds the Alarm for 2027
NCBA Bank has published an analysis identifying three major risks for the Kenyan economy heading into 2027: pressure on the Kenyan shilling, fuel price volatility, and fiscal tensions related to public debt. While Kenya's Treasury maintains a growth forecast of 5.1%, business operators are adopting more cautious projections.
[AFRICA] Startups: October's Climate Pivot Confirmed
Q3 2026 figures are now consolidated: 58 African startups raised $583 million, according to Disrupt Africa. Nigeria leads with over $635 million in the first nine months of the year. The ecosystem confirms its shift toward climate tech, driven notably by the Equator fund ($55M) launched in September 2026.
[MAURITIUS] EDB Accelerates 2027-2030 Plan Preparation
Mauritius's Economic Development Board has launched a call for expressions of interest to recruit a consultant to develop its 2027-2030 strategic plan. The stated objective is to consolidate the island's positioning as a regional hub, with an FDI target of Rs 40 billion for the 2026-2027 fiscal year.
[RÉUNION] France 2030 Boosts Local Innovation
An additional €2.4 million has been allocated to Réunion Island under the France 2030 plan to support innovative companies on the territory. This funding adds to existing programmes that have supported more than 12,000 Réunion businesses since 2021.
Business.OI will cover each of these stories in detail over the coming hours. Good morning from the Indian Ocean.