Author: Albert Savana

The Guinea Bissau Public Treasury successfully collected on March 23, 2026, in the West African Monetary Union (WAMU) financial market, an amount of 15 billion CFA francs (27 million dollars) through a simultaneous auction of Treasury Bills (BAT) with a maturity of 364 days and Treasury Bonds (OAT) with a maturity of 3 years. The...

At the end of its meeting on March 13, 2026, the Board of Directors of Assurances Maghrébia S.A, founded in 1973 and whose purpose is to carry out all insurance and reinsurance operations in Tunisia and abroad, proposed to the Ordinary General Meeting (AGM) of May 15, 2026 the distribution of a total dividend of 13.050 million dinars (4.437 million dollars), announced the leaders of this company based in Tunis. Based on the 4,500,000 shares that make up the company’s share capital, the dividend per share amounts to 2.900 dinars payable from June 8, 2026. The financial statements of the…

At the end of the 2024 financial year, the decentralized financial systems (SFD) of the West African Monetary Union (UMOA) falling under Article 44 of the law regulating SFDs (activity level reaching a threshold of 2 billion CFA francs in outstanding deposits and loans) saw their profit decrease by 29% compared to that of 2023,...

The Togolese State, through its Public Treasury, raised on March 20, 2026 on the financial market of the West African Monetary Union (UMOA) an amount of 27.5 billion CFA francs (49.5 million dollars) following an auction of Treasury Bills (BAT) with a maturity of 364 days and Treasury Bonds (OAT) of 3 and 5 years....

After a decade of reforms focused on macroeconomic consolidation, President Talon’s record now serves as a springboard for a new ambition. At the Palais des Congrès in Cotonou, candidate Wadagni unveiled on Saturday, March 21, during a keynote, a 2026-2033 program where the macroeconomic strength he himself built becomes the engine of an unprecedented social shield. His promise: to use the power of the modern state to develop territories and create opportunities for youth, under the banner “Further Together.” In the West African political landscape, Benin has distinguished itself over the past decade with budgetary rigor and remarkable investments in…

Gathered on Tuesday, March 17, 2026 in Paris, the Ministers of Finance and Economy, the governors of central banks, and officials from the CEMAC and France primarily displayed a line of continuity: preserving macroeconomic stability, accelerating reforms, and strengthening the existing monetary and financial partnership. In other words, at this stage, no major upheaval is...

At the end of its meeting on March 17, 2026 at the Tunisian Government Palace in the Kasbah, a restricted ministerial council, chaired by the Head of Government, validated the restructuring plan of the company Les Ciments de Bizerte, specializing in the manufacture and sale of cement, lime, and clinker, announced the leaders of this...

At first glance, the comparison may seem unbalanced. On one side, Vietnam, a country of 100 million inhabitants, long considered a second-tier emerging economy. On the other, an African continent with 1.4 billion inhabitants, rich in resources, demographic growth, and massive insurance needs. However, the numbers speak for themselves: with 3.7 billion dollars in non-life...

At the end of a simultaneous auction of Treasury assimilable bills (BAT) with a maturity of 364 days and Treasury assimilable bonds (OAT) with maturities of 3 and 5 years organized on March 18, 2026 at the West African Monetary Union (UMOA) financial market, Mali, through its Public Treasury, raised 53.673 billion CFA francs (97 million dollars). The issuer had put up for auction 50 billion CFA francs. In response, investors submitted a total of 98.286 billion CFA francs, representing a coverage rate of 196.57% of the amount put up for auction. Out of the amount of submissions, the Malian…

At the end of an auction of treasury bills with maturities of 91 and 182 days organized on Thursday, March 19, 2026, the Beninese Public Treasury received an amount of 33 billion CFA francs (59.4 million dollars) on the financial market of the West African Monetary Union (UMOA). The amount put up for auction by...

“The trade balance of Senegal reached a deficit of 112.2 billion CFA francs (-202 million dollars) in January 2026, compared to a surplus of 280.5 billion CFA francs (+505 million dollars) in the previous month, according to data from the National Agency of Statistics and Demography (ANSD) based in Dakar. “This situation is mainly explained...

There are now 396 million French speakers in the world, and 65% of them live in Africa. These figures come from the 6th edition of the report by the Observatory of the French Language of the International Organization of La Francophonie (OIF) published on the eve of March 20, International Francophonie Day. The document, the result of rigorous scientific work, estimates that French is now the 4th most spoken language in the world, up from 5th place in 2022. The progression is remarkable compared to 2010 when French speakers did not exceed 220 million. From 274 million in 2014, 300…

The consolidated turnover of Fenie Brossette company, which operates in industry, public works, trade, and automotive sectors, increased by 8% at the end of the 2025 fiscal year compared to the same period in 2024, announced the leaders of this company based in Casablanca. This turnover reached 757 million dirhams (83.270 million dollars) compared to 698 million dirhams at the end of December 2024. According to the company leaders, “this performance was mainly driven by the growth in turnover in the automotive, industry, and construction sectors.” Regarding the company’s consolidated net debt, it stands at 58 million dirhams compared to…

The National Refining Company (Sonara) has launched a series of open national tenders in order to recruit one or more insurance companies to cover its installations, construction sites, transportation, fleet of vehicles, and civil liabilities. Published on March 4, 2026, the market for 4 distinct lots is valued at 5.1 billion CFA francs over a...

The appeals jury of the Confederation of African Football (CAF) announced, on March 17, through a press release, the withdrawal of the 2025 Africa Cup of Nations title from Senegal, to award it to Morocco, despite being defeated in the final with a score of 1-0. A very rare decision that disrupts the established sports...

In Congo-Brazzaville, outgoing president Denis Sassou Nguesso was announced as the winner of the presidential election held on Sunday, March 15, 2026. The provisional results were made public on Tuesday, March 17 in the evening. According to official figures, Denis Sassou-Nguesso obtained 94.82% of the votes in the first round. The voter turnout is estimated...

The State of Guinea Bissau raised on March 17, 2026, on the West African Monetary Union (UMOA) financial market, an amount of 15 billion CFA francs (27 million dollars) through a simultaneous auction of treasury bills (BAT) with a maturity of 358 days and treasury bonds (OAT) with a maturity of 3 years. The issuer...

d of the 2025 fiscal year, the turnover of the company Les Eaux Minérales d’Oulmès (LEMO), which operates four brands in Morocco (Sidi Ali, Oulmès, Ain Atlas, and Bahia), increased by 11.2% compared to 2024, announced the leaders of this company based in Casablanca. This turnover amounted to 3.195 billion dirhams (352 million dollars) compared...

By confirming, on March 13, 2026, the sovereign rating of Ivory Coast at Ba2, with a stable outlook, Moody’s consecrates less a surprise than a trajectory: that of a country which, through budget discipline, macroeconomic clarity, and a deliberate openness to capital mechanisms, is firmly establishing itself in the African elite. Only two steps now...

The premature withdrawal of the USS Abraham Lincoln (CVN-72) from the theater of operations has been one of the highlights since the beginning of the war in the Middle East. This strategic asset, valued at nearly 13 billion dollars, moved away from the conflict zone in the face of the threat posed by highly effective...

The administration of President Donald Trump is facing a wave of criticism after revelations that it could receive around $10 billion in fees as part of the deal that led to the transfer of TikTok’s American operations out of direct control of the Chinese group ByteDance. According to several American media outlets, including the Wall...

” If you are not willing to take risks, you have no business in the shipping industry. If you don’t want to take risks, buy American bonds.” The sentence belongs to George Prokopiou. It alone summarizes the philosophy of a man for whom the sea is never as profitable as when it becomes dangerous. In...

The race to succeed António Guterres at the head of the United Nations is entering a more political phase. While five candidacies have been officially submitted, the first diplomatic balances already outline a central duel between former Senegalese president Macky Sall and former Chilean president Michelle Bachelet. In early March, the African Union, through Burundi,...

The Regional Stock Exchange (BRVM) admitted to its list, on Thursday, March 12, 2026 in Cotonou, the bonds issued by the Common Fund for Securitization of Receivables (FCTC) “Keur Samba NSIA Banque Benin”, in an operation of 44 billion CFA francs which marks a new milestone in the sophistication of the regional financial market of...

Ecobank Transnational Incorporated, a pan-African banking group, has announced a significant increase in its funding for women-led businesses. In 2025, the bank granted $780 million in loans to these formal sector businesses, compared to $265 million in 2024, representing a 194% increase. The announcement was made in Lomé, Togo, during the release of Ecobank’s Gender...

Strong subscriptions from investors operating in the West African Economic and Monetary Union (UMOA) financial market were noted following the simultaneous auction of treasury bills (BAT) with maturities of 167 days and 364 days, as well as treasury bonds (OAT) with a 3-year maturity organized on Tuesday, March 10, 2026 by Guinea-Bissau. With a solicitation...

At the end of 2024, the resources of credit institutions in the West African Monetary Union (UEMOA) amounted to 57,897.9 billion CFA francs (104.216 billion dollars), according to the 2024 annual report of the Banking Commission, the community supervisory body for banks based in Abidjan. Compared to 2023 where they stood at 53,563.1 billion CFA...

d of the 2025 fiscal year, the profit of BH Leasing, specialized in leasing operations for movable and immovable assets for professional, industrial, agricultural, commercial, and service use, decreased by 31% compared to 2024, announced the leaders of this company based in Tunis. This announcement follows the meeting of the Board of Directors on March...

A 70% surge in ten days The scenario of a lightning war seems to have failed under the blows of an Iranian regime that was said to be on its last legs. On the tenth day of the conflict triggered by American-Israeli strikes against Iran, as the G7 meeting opens, the conclusion is clear: the...

For its 2025 rating, valid for the period September 2025-August 2026, Bloomfield Investment has maintained unchanged the long and short-term ratings awarded one year ago to the African Automobile Credit Company (SAFCA), operating commercially under the name Alios Finance Côte d’Ivoire (AFC). The long-term rating remains BBB+ with a stable outlook and the short-term rating...