NEWS
Today in Africa — October 1, 2026: Burkina Faso Marks Four Years Under Traoré, Ghana Unveils New Cedi Banknotes
OkayAfrica has scoured the Internet for today’s major news stories, so you don't have to. On Oct. 1, coverage includes: Burkina Faso's military government touting progress on security and sovereignty despite ongoing jihadist pressure; Ghana preparing to roll out its first major currency redesign in nearly two decades; and more.
Every day, OkayAfrica shares a roundup of news we’re following but haven’t published as full articles. These short updates cover what’s happening across the continent — in culture, politics, and beyond. For more stories like these, check out our News page for updates from across the regions.
Burkina Faso Marks 4 Years Under Captain Ibrahim Traoré's Rule
Crowds gathered in Ouagadougou's Place de la Révolution last night, Wednesday, September 30, to mark four years since Captain Ibrahim Traoré seized power in a coup, with residents praising the military government's army reorganization and the creation of Rapid Intervention Battalions to fight terrorism. Despite the celebrations, jihadist groups continue to pressure large parts of the country, with some towns still facing blockades. On Monday, the country opened its first gold refinery, Raffinor-BF, with Traoré declaring that the country's gold "must not only be extracted... it must be processed, controlled, valued and certified" domestically. The $19 million facility can process 164 tons of gold annually against a target capacity of 515 tons, part of a broader West African push, alongside Mali, Ghana, and Guinea, to keep more mineral wealth and processing at home.
Ghana to Launch Redesigned "Heritage Series" Banknotes in November
Ghana will roll out a redesigned set of cedi banknotes called the Heritage Series starting November 3, 2026, marking the first major visual overhaul since the country's 2007 currency reform. The redesign covers all eight existing denominations, from GH¢1 to GH¢200, and adds upgraded security features and improved durability, but doesn't change the cedi's value or function. Bank of Ghana Governor Johnson Pandit Asiama says the cedi is "a symbol of our economic sovereignty," and that the new notes will "honor our national heroes and celebrate Ghana's heritage, culture and identity."
NBA Closes Its Only Elite Training Academy in Africa
The NBA has shut down NBA Academy Africa, its first and only elite training facility on the continent, less than a decade after launching it in Senegal to develop promising young African players, current and former officials told Reuters. The academy trained roughly 110 students since 2018, producing NBA draftees like Cameroon's Ulrich Kamka Chomche and South Sudan's Khaman Maluach, but the league said the closure reflects a broader shift in global strategy, consolidating all training into a new academy opening in Abu Dhabi. Former performance adviser Michel Chikwanine says the news visibly shook the confidence of students just starting to believe in themselves. deep shock and grief." Chivayo, known for close ties to African leaders and a lavish lifestyle, had faced repeated corruption allegations, including a past money-laundering conviction and a 2018 case over misused solar project funds that was later struck off the court roll.