Author: Albert Savana

The departure of the FLNG Hilli Episeyo in early August 2026 has deprived Cameroon of around 2,000 tonnes of locally produced domestic gas per month, equivalent to 24,000 tonnes a year. The shutdown of operations at Bipaga, near Kribi, has removed a source of supply that had contributed to meeting the country’s LPG needs. The...

S&P Global Ratings maintains Cameroon’s sovereign rating at “B-/B” with a stable outlook. However, behind this displayed stability, the agency identifies the issue of succession at the top of the state as a major risk factor that could influence the country’s economic and institutional trajectory. S&P Global Ratings confirmed on September 18, 2026, Cameroon’s sovereign...

S&P Global Ratings maintains Cameroon’s sovereign rating at “B-/B”, with a stable outlook. But behind this displayed stability, the agency identifies the issue of succession at the top of the state as a major risk factor that could influence the country’s economic and institutional trajectory. S&P Global Ratings confirmed on September 18, 2026, Cameroon’s sovereign...

Trump wants interest rates at 1%. The Fed has pushed them close to 4%. That is the debate. On Wednesday, September 16, the US Federal Reserve raised interest rates by 25 basis points, bringing them to a range of 3.75%–4%. The Federal Open Market Committee (FOMC), which is responsible for monetary policy, unanimously approved the...

How can you invest in one of the largest initial public offerings ever launched in Africa if you live in Dakar, Paris, Abidjan, New York, or elsewhere outside Nigeria? The transaction is theoretically open to foreign investors, but the process is significantly different from the one available to Nigerian retail investors. Financial Afrik takes a...

Ivory Coast has set the minimum guaranteed price of cocoa for the main campaign 2026-2027 at 1,200 FCFA/kg, compared to 2,800 FCFA/kg a year earlier. The decrease is 57.1%. For each ton sold, the producer’s gross income thus drops from 2.8 million to 1.2 million FCFA, a loss of 1.6 million FCFA per ton. The...

For the fiscal year 2025, the company Nouvelles Editions Ivoiriennes – Centre d’éditions et de diffusion africaines (NEI-CEDA) will pay a gross total dividend of 2.036 billion (3.655 million dollars) to its shareholders on September 10, 2026, announced the leaders of this company based in Abidjan. Compared to the 12,765,825 shares that make up the...

Local development, health, youth: major decisions One hundred days into his term, President Romuald Wadagni’s roadmap is already materializing through major decisions, such as the unconditional coverage of vital medical emergencies and free secondary education for girls. This reformative framework allows Benin to translate its macroeconomic momentum into directly measurable territorial and social development for households. The implementation of these orientations relies on rigorous management of public finances, overseen by the supplementary budget law adopted in June 2026. By increasing the state’s general budget to 4,148.35 billion CFA francs (an 8% increase), the government is leveraging a fiscal space supported…

At the end of the first half of 2026, the net banking income (NBI) of Société Générale Côte d’Ivoire (SGCI), a subsidiary of the multinational of the same name, recorded a slight increase of 1.6% compared to the same period of the 2025 fiscal year, announced the leaders of this banking institution based in Abidjan....

At the end of the 2025 fiscal year, the total assets of the banking system (including loans granted to customers, securities, financial assets, and various assets and liabilities) exceeded 70,000 billion CFA francs (126 billion dollars), according to the 2025 annual report of the Banking Commission, the community supervisory body for credit institutions based in...

After Banque Misr in the United Arab Emirates, how far will Washington go? The new American offensive against Iran’s financial circuits now goes beyond Iranian banks. It targets foreign institutions, shell companies, exchange houses, and intermediaries that could provide Tehran with indirect access to the dollar. A doctrine that exposes the Gulf and Asia, but...

Following a simultaneous auction of Treasury Bills (BAT) with a maturity of 364 days and Treasury Bonds (OAT) with maturities of 3, 5, and 7 years organized on August 26, 2026 on the West African Monetary Union (UEMOA) financial market, the State of Burkina Faso raised an amount of 49.5 billion CFA francs (89.1 million...

The consolidated revenue of LabelVie Group, a Moroccan retail chain, increased by 17% in the first half of 2026 compared to the 2025 fiscal year, announced the company’s executives based in Skhirat, a Moroccan seaside town located between Rabat and Casablanca. This revenue reached 10.198 billion dirhams (1.121 billion dollars) compared to 8.728 billion dirhams...

Banking activity within the West African Economic and Monetary Union (WAEMU) showed impressive profitability at the end of the 2025 fiscal year, according to the 2025 annual report of the Banking Commission, the community body responsible for supervising credit institutions based in Abidjan. The provisional overall net result of these banks stood at 1,252.1 billion...

As of August 26, 2026, African markets are displaying performance differentials rarely seen before. Accra leads with +71.57% since January, followed by BRVM (+53.88%), Lagos (+52.78%), and Tunis (+46.39%). While stocks are soaring in several places, commodities are sharply correcting: -8% for Brent, -10.52% for coffee, and -2.69% for cocoa. The year 2026 is taking a spectacular turn on African stock exchanges. Four months before the end of the year, four markets already show growth rates exceeding 45%. The top spot goes to the Ghana Stock Exchange, with an index gain of 71.57% since January 1st. Behind, the BRVM, a…

Afreximbank accelerates, BRVM soars, gold skyrockets Monday, August 24, 2026 – Financial Afrik African markets start the week with a mixed configuration. BRVM shows a clear progression and maintains a particularly high annual performance, while several other markets evolve more cautiously. In terms of companies, Afreximbank, MTN Group, and Dipula Income Fund are in the...

Boosted by the surge of the BRVM, equity funds dominate the 2026 ranking of collective investment schemes in securities in the UEMOA. By mid-August, AAM Épargne Action shows a performance of 40.5%, ahead of Attijari Actions and BOA Actions. Diversified funds also benefit from the strength of the market, while bond and money market products...

For the year 2025, shareholders of TotalEnergies Marketing Côte d’Ivoire, a subsidiary of the multinational TotalEnergies, will receive their dividends on August 31, 2026, announced the leaders of this company based in Abidjan. On this date, the company will pay out a total gross amount of 10 billion FCFA (18 million dollars). Based on the 62,961,600 shares that make up the company’s share capital, the gross dividend per share amounts to 158.82 FCFA. In accordance with Ivorian tax legislation, a securities income tax (IRVM) of 12% will be deducted from this dividend for individuals (resulting in a net dividend per…

At the end of the first half of 2026, the turnover of the Industrial Company of Electrical Equipment and Materials (SIAME) recorded a 12% decrease compared to the same period of the 2025 fiscal year, announced the leaders of this company based in Grombalia, a city located 40 km southeast of Tunis. According to quarterly...

Bloomfield Investment agency has maintained unchanged the long and short term ratings it awarded a year ago to Bank Of Africa (BOA) Benin, a member of the banking group of the same name, announced the leaders of this rating agency based in Abidjan. The long term rating remains A+ with a stable outlook. As for...

In order to cover the financing needs of the Malian State budget, the Malian Treasury obtained on Wednesday, August 19, 2026, from investors in the UMOA financial market, an amount of 55 billion CFA francs (99 million dollars) through a simultaneous issuance of Treasury assimilable bonds (BAT) with a maturity of 364 days and Treasury...

Since August 19, a team from the IMF led by Mercedes Vera Martin, mission chief for Senegal, has been in Dakar. They are expected to stay until September 1, 2026. The official objective is to continue discussions with the authorities towards a new program supported by the Fund. These discussions began during the annual meetings...

From Johannesburg to Lagos, passing through Abidjan, Casablanca, Tunis, Douala, Accra, and Nairobi, African markets are buzzing with half-yearly publications, dividend announcements, several financing operations, and rumors. Here are the main highlights to remember. Buy the rumor, sell the news. JSE: Absa Increases Dividend In Johannesburg, Absa Group has released its results for the first...

At the end of a simultaneous auction of Treasury assimilable bonds (BAT) with a maturity of 364 days and Treasury assimilable bonds (OAT) of 3 and 5 years organized on Tuesday, August 18, 2026 on the West African Monetary Union (UMOA) financial market, the State of Ivory Coast, through its General Directorate of Financing (DGF),...

Marob Strategies and Lilium Capital have structured a $1 billion subscription program for Dangote Petroleum Refinery & Petrochemicals. A first tranche of $600 million has already been fully funded by Lilium SPV, a subsidiary of Lilium Capital, while an additional tranche of $400 million will come in financing for the future IPO of the Nigerian...

Sixteen African universities out of one thousand. The 2026 Shanghai Ranking confirms the continent’s limited representation among the world’s leading research universities. Behind this figure lies an even more striking concentration: South Africa and Egypt overwhelmingly dominate the African ranking, while Ethiopia and Morocco each have only one institution represented. Hassan II University of Casablanca...

The payment of the 2025 dividend of the African Rubber Plantation Company (SAPH), specialized in the production and processing of natural rubber in the form of compact granules and centrifuged latex, has been set for Friday, August 28, 2026, as announced by the leaders of this company based in Abidjan. On this date, the company...

Following a simultaneous auction of Treasury Bills (T-bills) with a maturity of 364 days and Treasury Bonds (T-bonds) with maturities of 3, 5, and 7 years organized on Wednesday, August 12, 2026, on the West African Monetary Union (UEMOA) financial market, the State of Burkina Faso raised an amount of 49.5 billion CFA francs (89.1...

The African Water Forum, held in N’Djamena, brought to the forefront an instrument still relatively unknown to the general public: the “compact”. More than just a new financial facility, this mechanism aims to change the way African states plan, coordinate, and finance their water policies. Chad is leading the way with a roadmap estimated at $3.8 billion over five years. On July 16, 2026, the African Water Forum in N’Djamena concluded with the highlighting of a mechanism that has been relatively invisible in African public debate: the “water compact”. Co-organized by the Chadian government and the World Bank Group, the…

Dar es Salaam, August 11, 2026 – Africa50 has concluded several investment agreements and strategic partnerships following the Infra for Africa Forum 2026, held in Dar es Salaam. Among the main announcements is a commitment of $20 million from British International Investment (BII) to the Africa50 Infrastructure Acceleration Fund (IAF), bringing the fund’s commitments to...