Author: Albert Savana

For the 2025 financial year, TotalEnergies Marketing Senegal, a subsidiary of the multinational TotalEnergies, will pay its shareholders a gross total dividend of 6.146 billion CFA francs (11.063 million dollars), announced the leaders of this company based in Dakar. Based on the 32,577,700 shares making up the company’s capital, the gross dividend per share amounts...

In April 2026, the inflation rate in Tunisia reached 5.5% compared to 5% in March 2026, according to data from the National Institute of Statistics (INS) based in Tunis. INS explains this rate, on one hand, by the acceleration of the price increase for the Food group (8.2% in April 2026 compared to 6.8% in...

The Central African financial market experienced a historic session on Thursday, May 7, 2026 in Douala. For its first trading day on the Central African Securities Exchange (BVMAC), BGFI Holding Corporation (BGFI HC) immediately saw a 2.5% increase, closing at 82,000 CFA francs compared to a reference price of 80,000 CFA francs. In total, 607...

“In the financial year 2025, the National Lottery of Benin (LNB) S.A, the historic operator of games of chance in Benin and listed on the Regional Stock Exchange (BRVM), will allocate a gross total dividend of 3.438 billion FCFA (6.190 million dollars) to its shareholders, according to a profit distribution proposal made by the Board...

d of the 2025 fiscal year, the profit of the Tunisian Solidarity Bank (BTS Bank), created on December 22, 1997 as a universal bank and controlled 59.18% by the Tunisian state, increased by 11.07% compared to 2024, announced the leaders of this banking institution based in Tunis. The individual financial statements audited by the auditors...

At the end of a simultaneous auction of Treasury assimilated bonds (BAT) with a maturity of 364 days and Treasury assimilated bonds (OAT) with maturities of 3 and 5 years organized on Tuesday, May 5, 2026 at the West African Monetary Union (UMOA) financial market, the State of Ivory Coast, through its Public Treasury, strengthened...

025 financial year, Nestlé Côte d’Ivoire, a subsidiary of the Swiss Nestlé Group specializing in the production of food products, will pay its shareholders a gross total dividend of 9.269 billion CFA francs (16.685 million dollars), according to the proposed allocation of results for the year ended December 31, 2025 made by the Board of...

At the end of an auction of treasury assimilable bills (BAT) with a maturity of 357 days and treasury assimilable bonds (OAT) of 3 years, the State of Senegal, through its Public Treasury, raised on April 30, 2026, on the West African Monetary Union (UEMOA) financial market, an amount of 26.060 billion CFA francs (46.908...

The State of Guinea Bissau raised on Monday, May 4, 2026, on the financial market of the West African Monetary Union (UEMOA), an amount of 15 billion CFA francs (27 million dollars) following a simultaneous auction issuance of Treasury Bills (BAT) with a maturity of 364 days and Treasury Bonds (OAT) with a maturity of...

The project of a large regional refinery in Tanga, Tanzania, is taking on a highly strategic turn. In Nairobi on April 23, on the sidelines of the Africa Finance Corporation summit, Presidents William Ruto and Yoweri Museveni confirmed discussions to involve Aliko Dangote in a common infrastructure project intended to serve Kenya, Uganda, the DRC,...

The year 2025 will be like the four previous years for shareholders of Sucrivoire S.A, specialized in the production and marketing of sugar and listed on the Regional Stock Exchange (BRVM), as they will be deprived of dividends for the fifth consecutive year. Based on a resolution of the Board of Directors at the Ordinary...

The net banking income (NBI) of Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank banking group, increased by 11% in the first quarter of 2026 compared to the same period in 2025, announced the leaders of this banking institution based in Lomé, Togo. This NBI stood at 357 billion CFA francs (642.087 million...

Ecobank has published record results, with a pre-tax profit of $801 million and will redistribute a dividend of $40 million to its shareholders, which is 43% more than its last payment in 2022. The fruits of a transformation strategy initiated three years ago. When Ecobank Transnational Incorporated released its annual results this spring of 2026, it was not just records that caught the analysts’ attention. It was the confirmation that the group, born in Lomé in 1985 with the unique ambition of building a continental African bank, had definitively put an end to a decade of turbulence. Net banking income…

At the end of a simultaneous issuance of Treasury assimilated bills (BAT) of 364 days as well as Treasury assimilated bonds (OAT) of 3 and 5 years organized on Wednesday, April 28, 2026 on the UMOA financial market, Ivory Coast raised an amount of 70 billion CFA francs (126 million dollars). The issuer had put...

For the year 2025, the Water Distribution Company of Côte d’Ivoire (SODECI), a company of the ERANOVE group, listed on the Regional Stock Exchange (BRVM) and based in Abidjan, announced the distribution of a gross total dividend of 4.725 billion CFA francs (8.505 million dollars). Based on the 9 million shares that make up the...

At the end of the 2025 fiscal year, the consolidated profit of the BH Bank group, a Tunisian group integrated around finance activities through specialized subsidiaries in insurance (BH Assurances), leasing (BH Leasing), and investments (BH Invest), recorded a 40% decrease compared to 2024, as announced by the leaders of this banking institution based in...

At the end of the first quarter of 2026, the net banking income (NBI) of Bank Of Africa (BOA) Senegal, a subsidiary of the Moroccan banking group BMCE Bank, recorded a 7% increase compared to the same period of the 2025 financial year, announced the leaders of this banking institution based in Dakar. According to...

On the occasion of its Ordinary General Assembly scheduled for May 20, CIH Bank is preparing to strengthen its board of directors with two high-level profiles. The institution is expected to formalize the appointment of Hassan Boulaknadal, current CEO of CIMR and former employee of the Office of Foreign Exchange, as well as Assia Benhida,...

d of the 2025 fiscal year, the after-tax profit of Coris Bank International (CBI) increased by 37% compared to the same period in 2024, announced the leaders of this banking institution based in Ouagadougou. This profit amounted to 65.495 billion CFA francs (117.891 million dollars) compared to 47.937 billion CFA francs (86.286 million dollars) in...

Disty Technologies, a company specializing in the import and distribution of IT equipment and solutions in Morocco, will distribute dividends of 19.463 million dirhams (2.140 million dollars) to its shareholders for the year 2025. This decision was proposed by the Board of Directors and will be presented at the next Annual General Meeting (AGM) scheduled...

The day after what is described as the largest incursion of armed factions in Bamako since 2012, the Malian high command is counting its dead and missing. General Sadio Camara, a central figure in the security apparatus and considered one of the main architects of the strategic rapprochement with Moscow, is reported dead by several...

As of April 23, 2026, Senegalese Prime Minister Ousmane Sonko announced that his country had “obtained and signed, without any financial compensation for the Senegalese state, a joint withdrawal agreement between Kosmos Energy – an American oil and gas group listed on the New York Stock Exchange (NYSE), whose net debt was around 3 billion...

On April 23, 2026, Senegalese Prime Minister Ousmane Sonko announced that his country had “obtained and signed, without any financial compensation for the Senegalese state, a joint withdrawal agreement between Kosmos Energy – an American oil and gas group listed on the New York Stock Exchange (NYSE), whose net debt was around $3 billion at...

At the end of an auction of Treasury assimilable bills (BAT) with a maturity of 364 days as well as Treasury assimilable bonds (OAT) with maturities of 3, 5, and 7 years, the State of Senegal, through its Public Treasury, raised an amount of 68.030 billion CFA francs (122.454 million dollars) on the financial market...

From Transformation to Consolidation I. THE VERDICT On April 12, the Republic of Benin delivered an electoral verdict that goes far beyond its borders. By electing Romuald Wadagni to the highest office with 94.27% of the votes cast — a score confirmed on April 16 by the Constitutional Court — the country not only designated a successor to Patrice Talon. It sent a strategic signal to the rest of the continent. The context gives this result a particular resonance. On December 7, 2025, just four months before the election, a small group of military personnel briefly took control of the…

The Ivorian Bank (SIB), a subsidiary of the Moroccan banking group Attijariwafa Bank, will pay out a total gross dividend of 21.25 billion CFA francs (38.25 million dollars) to its shareholders for the 2025 fiscal year, according to a proposal from the Board of Directors at the upcoming Annual General Meeting of this bank based in Abidjan. Based on the 50 million shares making up the bank’s share capital, the gross dividend per share amounts to 425 CFA francs compared to 375 CFA francs in 2024. In accordance with Ivorian tax legislation, a 12% tax on securities income (IRVM) will…

At the end of a simultaneous auction of Treasury bills (BAT) of 364 days as well as Treasury bonds (OAT) of 3, 5 and 7 years organized on Wednesday, April 22, 2026, the Public Treasury of Burkina Faso collected an amount of 49.5 billion CFA francs (89.1 million dollars) on the financial market of the West African Monetary Union (UMOA). The amount put up for auction by the issuer was 45 billion CFA francs. In response, investors submitted a total of 118.81 billion CFA francs, representing a coverage rate of 264.02% of the amount put up for auction. Out of…

At the end of the first quarter of 2026, the Ivorian cable company (Sicable), a member of the PRYSMIAN Group, a world leader in electrical cables, incurred a loss of 221.7 million CFA francs (399,060 dollars), announced the leaders of this company based in Abidjan. This company had however recorded a profit of 211.2 million CFA francs in the first quarter of 2025, representing a negative variation of 205%. Similarly, at the end of the 2025 financial year, it had achieved a profit of 1.704 billion CFA francs. As for the turnover, it experienced a decrease of 26.5% with a…

At the end of the first quarter of 2026, Tunisia’s trade deficit slightly widened by 3.62% compared to the same period in 2025, according to data from the National Institute of Statistics (INS) based in Tunis. This deficit stood at a level of -5.232 billion dinars (1.779 billion dollars) compared to -5.049 billion dinars (1.716 billion dollars) during the first quarter of 2025. However, the food group recorded a surplus of +798.3 million dinars. “This deficit comes from the group of energy products of -2.990 billion dinars, raw materials and semi-finished products of -1.601 billion dinars, capital goods of -977…

At the end of a simultaneous auction of Treasury assimilable bills (BAT) of 364 days as well as Treasury assimilable bonds (OAT) of 3 and 5 years organized on Tuesday, April 21, 2026 on the UMOA financial market, Ivory Coast raised an amount of 66 billion CFA francs (118.8 million dollars). The issuer, who was looking for 60 billion CFA francs, was offered a total amount of 227.895 billion CFA francs by investors, representing a coverage rate of 379.83% of the amount put up for auction. Out of the total amount of submissions, the Ivorian Public Treasury retained 66 billion…