Author: Albert Savana

“In the first half of 2026, the net banking income (NBI) of Salafin S.A, a subsidiary of the Moroccan banking group BMCE specializing in consumer financing and credit, recorded a 2.2% increase compared to the same period of the 2025 fiscal year, announced the leaders of this structure based in Casablanca. According to the semi-annual...

d of the first half of 2026, the consolidated revenue of Maghreb Oxygène S.A, specialized in the production, packaging, and marketing of industrial, medical, food, and specialty gases, recorded an 8.47% increase compared to the same period in 2025, announced the leaders of this company based in Casablanca. This announcement follows the Board of Directors...

At the end of the first half of 2026, the net banking income of Saham Bank S.A, a member of the banking group of the same name, increased by 8.5% compared to the same period in 2025, announced the leaders of this banking institution based in Casablanca. This announcement follows the meeting of the Bank’s...

At the end of the first half of 2026, the net banking income of Saham Bank S.A, a member of the banking group of the same name, recorded an 8.5% increase compared to the same period of the 2025 fiscal year, announced the leaders of this banking institution based in Casablanca. This announcement follows the...

In Madagascar, mobile internet is at a major turning point. With wide network coverage, supported by decades of telecommunications industry investments, the country has a strong technological foundation. However, access to the internet remains limited and not easily accessible for a significant portion of the population. While the Electronic Communications Bill No. 040/2026 is seen as a decisive step to modernize the sector, what are the urgent structural reforms needed to transform this connectivity into a true lever for digital inclusion? Digital taxation, the main barrier to overcome The barrier to entry lies not in a lack of infrastructure, but…

At the end of the first half of 2026, the net banking income (NBI) of Bank Of Africa (BOA) Côte d’Ivoire, a subsidiary of the Moroccan banking group BMCE, recorded a slight increase of 1.5% compared to the same period in the 2025 fiscal year, announced the leaders of this banking institution based in Abidjan...

At the end of the first half of 2026, the consolidated net banking income (NBI) of the Crédit Agricole du Maroc (CAM) group, a universal bank controlled 75.2% by the Moroccan State, recorded a decrease of 24.41% compared to the same period of the 2025 fiscal year, announced the leaders of this banking institution based...

“In order to meet the financing needs of the State budget of Mali, the General Directorate of the Treasury and Public Accounting (DGTCP) of this country raised an amount of 38.231 billion FCFA (68.815 million dollars) on the West African Monetary Union (UMOA) financial market on Wednesday, September 30, 2026, through a simultaneous auction of...

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, 5 and 7 years organized on Tuesday, September 29, 2026 at the West African Monetary Union (UMOA) financial market, the State of Ivory Coast, through its General Directorate of Finance...

d of the first half of 2026, the consolidated net profit of Holcim Morocco, a leading company in the cement sector in the Kingdom of Morocco, recorded an 8.1% decrease compared to the same period in 2025, announced the leaders of this company based in Casablanca. The consolidated accounts approved by the Board of Directors...

The Ontario court paves the way for a class action lawsuit against Endeavour Mining Plc following revelations related to the management of its former CEO, Sébastien de Montessus. In a decision rendered on August 31, 2026, the Ontario Superior Court of Justice granted the plaintiff investors permission to pursue their action under the Ontario Securities Act and certified the case as a class action. The case pits two investors, Alan Newsome and Carson Wong, against Endeavour Mining Plc, Endeavour Mining Corporation, as well as several former executives and directors, including Sébastien de Montessus, Guy Young, Joanna Pearson, and members of…

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...