Business
Meta set to charge WhatsApp Business messages from October 1
For example, a Nigerian fintech company sending 500,000 chargeable utility messages could incur about $5,050 in fees from Meta alone, excluding charges that may come from third-party providers or software platforms used to manage the messaging service.
Businesses using Meta’s WhatsApp Business Platform will begin paying for certain messages sent to customers from October 1, 2026, under a new pricing structure announced by the company.
The change applies to organisations that use the WhatsApp Business Platform, formerly known as the WhatsApp Business API, to manage customer communication on a large scale.
Regular WhatsApp users and small businesses using the standard WhatsApp Business app are not the main targets of the new charges.
Under the revised system, the amount businesses pay will depend on the type of message being sent.
Utility messages, including payment alerts, order confirmations and other service-related updates, will cost about $0.0101 per message, while marketing messages will attract a higher fee of approximately $0.062 each.
Although the individual charges appear relatively small, companies that send large volumes of messages could see their communication expenses rise significantly.
For example, a Nigerian fintech company sending 500,000 chargeable utility messages could incur about $5,050 in fees from Meta alone, excluding charges that may come from third-party providers or software platforms used to manage the messaging service.
Business
After Kenya, Dangote targets $10bn – $15bn refining, petrochemicals in Egypt
The final scale and structure of the proposed investment are still under discussion.
Aliko Dangote is in talks with Egyptian authorities over an investment of between $10 billion and $15 billion in oil refining and petrochemicals.
The discussions gained momentum after Egypt’s Minister of Investment and Foreign Trade, Mohamed Farid Saleh, visited Dangote Industries Limited’s headquarters in Lagos, with senior government and industry officials.
Dangote described the meeting as an opportunity to strengthen industrial cooperation and economic ties between African countries.
The final scale and structure of the proposed investment are still under discussion.
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Business
Africa’s Top Five Strongest Currencies
Tunisia continues to lead as Africa’s strongest currency. The Tunisian Dinar’s strength is largely supported by strict exchange control measures and inflation management, even amid ongoing political and economic challenges
According to the Forbes currency calculator, the following are the five strongest African currencies as of October 2026 against the US Dollar.
5. Botswana – Botswana Pula (BWP) Exchange Rate: 13.76 BWP per USD
The Botswana Pula stands out as one of Sub-Saharan Africa’s strongest currencies. Sound governance, effective fiscal policies, and a balanced reliance on diamond exports have helped maintain its strength.
4. Ghana – Ghanaian Cedi (GHS) Exchange Rate: 11.58 GHS per USD While the Ghanaian Cedi has been volatile, recent economic reforms and IMF support have introduced some stability. Government initiatives to rein in inflation and manage public debt are beginning to yield positive outcomes.
3. Morocco – Moroccan Dirham (MAD) Exchange Rate: 9.81 MAD per USD
The Moroccan Dirham benefits from the country’s stable macroeconomic policies, economic diversification, and prudent monetary governance. Morocco’s growing appeal to foreign investors, especially in renewable energy, also bolsters its currency.
2. Libya – Libyan Dinar (LYD)Exchange Rate: 6.39 LYD per USD
Despite years of political unrest, the Libyan Dinar remains notably strong. This resilience largely stems from Libya’s abundant oil reserves, which generate substantial foreign exchange revenue.
- 1. Tunisia – Tunisian Dinar (TND)Exchange Rate: 2.98 TND per USD
- Tunisia continues to lead as Africa’s strongest currency. The Tunisian Dinar’s strength is largely supported by strict exchange control measures and inflation management, even amid ongoing political and economic challenges
After Kenya, Dangote targets $10bn – $15bn refining, petrochemicals in Egypt
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