STORY: Listed below are 5 enterprise tales making headlines in sub-Saharan Africa this week.

Nigeria’s worst flood in 12 years prompted Nigeria LNG to declare drive majeure this week.

Nonetheless, sources stated the declaration was pre-emptive and that no cargoes have but been cancelled.

The flooding is blamed on unusually heavy rainfall and the discharge of water from a dam in Cameroon.

Freight rail and port operations are returning to regular, South Africa’s Transnet has stated, following a 12-day strike.

The state-owned logistics firm agreed a three-year wage take care of its majority labor union on Monday (October 17).

Ghana’s cedi foreign money is predicted to weaken additional within the coming days, merchants have predicted, following per week of report deterioration.

It hit 12.75 towards the greenback on Thursday (October 20). The World Financial institution has referred to as it Africa’s worst performing foreign money.

This week merchants closed their outlets in Accra to protest the financial circumstances.

Treasured stones miner Gemfields has halted operations at a ruby mine in northern Mozambique after an assault was reported at a close-by facility.

Staff and contractors have been evacuated from Montepuez, which has generated over $800m in gross sales since 2014.

An Islamic State-linked insurgency in Cabo Delgado has since breaking out in 2017, claimed 1000’s of lives.

And at last environmental NGOs warned this week that unlawful gold mining is destroying tracts of pristine forest in Congo’s Okapi Wildlife Reserve.

Industrial actions are supposed to be banned within the UNESCO world heritage web site – which is residence to the endangered okapi, generally known as “Africa’s unicorn”.

However civil society teams stated aerial pictures reveals mining has endured.