Author: Albert Savana

In the framework of the execution of Senegal’s public securities issuance program in line with the medium and long-term debt management strategy, the General Directorate of Financing and Debt (DGFD), which has been centralizing the management of the public debt and financing contracts of the State of Senegal since June 2026, raised an amount of...

At the end of the first half of 2026, the after-tax profit of Bank Of Africa (BOA) Burkina Faso, a subsidiary of the Moroccan banking group BMCE Bank, recorded a 31% increase compared to the same period in 2025, announced the leaders of this bank based in Ouagadougou. According to the activity report established by...

” For the fiscal year 2025, shareholders of Société Générale Côte d’Ivoire (SGCI), a subsidiary of Société Générale group, will receive a gross total dividend of 81.075 billion FCFA (137.828 million dollars) on August 24, 2026, announced the leaders of this banking institution based in Abidjan. Based on the 31,111,110 shares that make up the...

To meet its budgetary needs, the State of Senegal raised an amount of 71.5 billion CFA francs (121.55 million dollars) on the West African Monetary Union (UEMOA) financial market on Friday, July 31, 2026, through an auction of Treasury bills (BAT) with a maturity of 364 days as well as Treasury bonds (OAT) with maturities...

The French National Financial Prosecutor’s Office (PNF) has requested the referral to the criminal court of 23 individuals and entities in the Gabonese aspect of the so-called “ill-gotten gains” case. Five legal entities – BNP Paribas and four real estate companies – as well as 18 individuals are targeted, including several children of former Gabonese...

Bis repetita. The interviews of General Abdourahmane Tiani granted to the Radiotelevision of Niger (RTN) follow one another and are similar. Like intelligence bulletins. like attacks on the Hamani Diory airport in Niamey or raids on several localities in the Tillabéri region. Each time, the Bonapartist (a qualification to be confined to its strict military...

The revenue of the chemical company ALKIMIA, specialized in the production of Sodium Tripolyphosphate (STPP), decreased by 39% at the end of the first half of 2026 compared to that of the 2025 fiscal year, announced the leaders of this company based in Tunis. This revenue went from 50.463 million dinars (17.157 million dollars) on...

The State of Togo will proceed on August 17, 2026 to the payment of the semi-annual profits and the final repayment of the capital of its Islamic loan called “Sukuk State of Togo 6.50% 2016-2026” for a total amount of 10.957 billion XOF (18.627 million dollars). The semi-annual profits amount to 348.623 million XOF and...

“In nominal terms, Morocco’s gross domestic product (GDP) grew by 6.5% in 2025 to 1,720.2 billion dirhams (189.200 billion dollars) as indicated by Bank Al-Maghrib (BAM), the Moroccan Central Bank in its 2025 annual report. “Taking into account the 2.9% increase to 25.1 billion in net property income outflows and the 1.4% increase to 136...

The Togolese Public Treasury obtained on Friday, July 24, 2026, on the West African Monetary Union (UMOA) financial market, an amount of 22 billion CFA francs (37.4 million dollars) at the end of a simultaneous auction of Treasury assimilable bonds (OAT) with maturities of 3 and 5 years. This fundraising from financial market investors is...

The operation is now an undeniable success. Closed on July 21, 2026 in less than twenty-four hours, the IPO of Bridge Bank Group Côte d’Ivoire raised 67.5 billion CFA francs through the sale of 10 million shares, representing 20% of the capital, to a wide public of investors, including a large proportion of small shareholders....

At the end of a simultaneous auction of Treasury assimilated bonds (BAT) with a maturity of 364 days and Treasury assimilated bonds (OAT) of 3 and 5 years organized on Tuesday, July 21, 2026 on the financial market of the West African Monetary Union (UMOA), the State of Ivory Coast raised 79.030 billion CFA francs...

A few months before the Francophonie Summit in Phnom Penh, the campaign led by Mauritania for the position of Secretary General is reaching a new milestone. After widely noted hearings with member states and governments, Dr. Coumba Bâ’s candidacy seems to be entering a new, more offensive phase, while still methodical, marked by a strong diplomatic presence well beyond the African continent. The recent tour in Cambodia, Vietnam, and Laos was not just a protocol sequence. It followed a specific political logic, reminding that the election of the next Secretary General of the Francophonie should not be reduced to a…

At the end of a simultaneous auction of Treasury assimilable bills (BAT) of 364 days as well as Treasury assimilable bonds (OAT) of 3, 5 and 7 years organized on Wednesday, July 15, 2026 on the financial market of the West African Economic and Monetary Union (UMOA), the Burkinabe Treasury collected an amount of 44...

The year 2025 was prosperous for the company CFAO Mobility Côte d’Ivoire, specialized in the distribution of automobiles, as it doubled its profit compared to the year 2024. According to the 2025 annual report released by the company’s executives, the profit increased from 4.693 billion CFA francs (7.978 million dollars) on December 31, 2024, to...

Speculations are multiplying around the future financial partner that the Senegalese government will choose to accompany it in managing its debt. According to Africa Intelligence and Financial Afrik, Lazard appears to be the favorite in a process that pits several major investment banks and specialized firms against each other. Beyond the competing names, a more fundamental question deserves to be asked: what is Senegal really looking for? The choice of financial advisor will not only be that of a bank. It will reveal the strategy that Dakar intends to prioritize. If the goal is to prepare a classic debt restructuring,…

At the end of the first half of 2026, the revenue of the Tunisian company Land’Or SA, a Tunisian agri-food group founded in 1994, recorded a 15% increase compared to the same period in 2025, announced the leaders of this company based in Khélidia, a city located about thirty kilometers south of Tunis. This revenue...

The STAR Group (Tunisian Insurance and Reinsurance Company) based in Tunis and comprising a parent company STAR Insurance and two subsidiary companies Lyre immobilière (real estate development) and the African Insurance Institute (continuing education), announced in one of its resolutions at the Ordinary General Assembly (OGA) convened by the Board of Directors for July 21,...

Coris Bank International (CBI) S.A’s net banking income (NBI) increased by 29% in the first quarter of 2026 compared to the same period in 2025, announced the leaders of this banking institution based in Ouagadougou, Burkina Faso. This NBI stood at 37 billion CFA francs (62.609 million dollars) compared to 29 billion CFA francs (48.740...

The Central Bank Account Registry in Morocco recorded, as of the end of December 2025, 39.8 million open accounts, according to data from Bank Al-Maghrib (BAM), the Moroccan Central Bank based in Rabat. According to the Moroccan issuing institute, these accounts saw a 4% increase compared to 2024. BAM reports in its Bank Account Statistics...

At the end of a 91-day treasury bill auction held on Thursday, July 9, 2026, the Beninese Public Treasury collected an amount of 22 billion CFA francs (37.4 million dollars) on the West African Monetary Union (UMOA) financial market. The amount auctioned by the issuer was 20 billion CFA francs. After the auction, the total...

The consolidated revenue of the COSUMAR group (Moroccan Sugar Company and Refining), specialized in sugar extraction, refining, and packaging, decreased by 17.3% in the first quarter of 2026 compared to the same period in 2025, announced the leaders of this company based in Casablanca. This revenue amounted to 2.206 billion dirhams (242.660 million dollars) compared...

The Commission for the Supervision of the Financial Market in Central Africa (COSUMAF), the Financial Markets Authority of the West African Monetary Union (AMF-UMOA) and the Inter-African Insurance Markets Conference (CIMA) signed a cooperation agreement on July 6 in Libreville to strengthen coordination between the regulators of the financial and insurance sectors in the CEMAC...

At the end of the first quarter of 2026, the net banking income (NBI) of the African Automobile Credit Company (SAFCA), operating under the trade name Alios Finance Côte d’Ivoire and specializing in leasing, recorded a 29% increase compared to the same period of the 2025 financial year, announced the leaders of this company based...

Following a simultaneous auction of 364-day Treasury Bills (BAT) and 3-year Treasury Bonds (OAT), Guinea Bissau, through its Public Treasury, awarded a total of 12.5 billion CFA francs (22.5 million dollars) on the West African Monetary Union (UMOA) financial market on Monday, July 6, 2026. The issuer had put up for auction an amount of...

For the 2025 financial year, the International Bank for Industry and Commerce (BIIC) of Benin will allocate a net total dividend of 14.705 billion CFA francs (26.470 million dollars) to its shareholders on July 31, 2026, announced the leaders of this banking institution based in Cotonou. Based on the 57,759,800 shares that make up the...

N’Djamena will host the African Water Forum “From Vision to Action” on 15 and 16 July. The event follows the launch, in April, of Water Forward, the World Bank’s global initiative, and puts Chad at the forefront of the diplomatic agenda on water. The choice of the Chadian capital comes as the country has, for...

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, June 30, 2026 on the financial market of the West African Economic and Monetary Union (UMOA), the State of Ivory Coast raised 109.999 billion...

The African Reinsurance Company (Africa Re) celebrated, on June 24 and 25, 2026 in Abuja (Nigeria), the fiftieth anniversary of its creation. Under the theme “Reinsurance Excellence, Securing the Future”, the celebrations brought together regulators, government representatives, shareholders, development financial institutions, and insurance sector leaders from Africa and beyond. They were marked by the inauguration...

At the end of an auction of Treasury assimilable bills (BAT) with a maturity of 364 days and Treasury assimilable bonds (OAT) with maturities of 3 and 5 years, the State of Senegal, through its Public Treasury, raised an amount of 103.502 billion CFA francs (186.305 million dollars) on the West African Monetary Union (UMOA)...