Author: Albert Savana

“In August 2025, Guinea’s trade balance showed a surplus of 2,302.2 billion Guinean francs (GNF), equivalent to 276.264 million dollars, compared to a deficit of 535.0 billion GNF (64.200 million dollars) the previous month, according to data from the National Institute of Statistics (INS) based in Conakry. “This improvement is mainly explained by the surpluses...

The consolidated profit of the Zellidja group, whose activities are organized around trading, hotel operation, and real estate sectors, recorded a 9.03% increase at the end of the first half of 2025 compared to the same period in 2024, announced the leaders of this company based in Casablanca. This revenue amounted to 374 million dirhams...

On November 3 and 4, 2025, Casablanca will become the focal point of African finance. For its fifth edition, the Africa Financial Summit (AFIS) presents an impressive lineup: finance ministers, central bank governors, heads of banking groups, and institutional investors. The event is shaping up to be the major meeting of decision-makers who think—and shape—the financial sovereignty of the continent. A stage where politicians and financial strategists intersect At the forefront are the top financial leaders of the continent. Morocco will be represented by Nadia Fettah, Minister of Economy and Finance, and Abdellatif Jouahri, Governor of Bank Al-Maghrib, a symbol…

The provisional total volume of public securities issuances (treasury bills and bonds) through auctions projected by the member countries of the West African Economic and Monetary Union (UMOA) for the 4th quarter of 2025 amounts to 2,344 billion CFA francs (4.219 billion dollars), according to a note sent to investors by Mrs. Oulimata Ndiaye Diassé,...

Funding granted by the Central Bank of West African States (BCEAO) in the West African Economic and Monetary Union (WAEMU) money market experienced a slight decrease of 0.3% in August 2025 compared to the previous month, according to data from the Dakar-based issuing institute. The average amount of this funding amounted to 7,994.2 billion CFA...

Libreville, October 6, 2025 – Radical decision by the Gabonese government: all pending payment orders at the Treasury dating back to before 2023 are simply deleted. The announcement was made by the Minister of State in charge of Economy, Finance, Debt and Investments, in an official statement published on October 6, 2025. This measure is...

Lomé, October 6, 2025 – By increasing the size of its sovereign credit insurance policy to 297.6 billion CFA francs (454 million euros), the West African Development Bank (BOAD) is taking a new step in the active management of its sovereign risk and in mobilizing long-term resources. “This mechanism enhances our risk profile and that...

According to information obtained by Financial Afrik, no recapitalization or sale file has yet been officially submitted to the Central Bank of West African States (BCEAO) or the banking commission. “In any case, as far as the increase in capital is concerned, the subsidiaries will submit their files separately,” confides an internal source close to the regulator, specifying that the chosen architecture will be fragmented rather than consolidated. This requirement follows the decision of the UMOA Council of Ministers on December 21, 2023 in Cotonou to increase the minimum capital of banks from 10 to 20 billion CFA francs, a…

On September 30, 2025, the scheduled date for the release of the initial capital of the Confederation Bank for Investment and Development of the Sahel States Alliance (BCID-AES), passed without any joint statement or official announcement. Neither in Niamey, nor in Ouagadougou, nor in Bamako, did the “white smoke” appear. The institution, presented as the...

Economic activity (excluding agriculture and forestry) in Senegal recorded a 10.1% increase on a monthly basis at the end of July 2025 compared to the previous month, according to data from the Directorate of Forecasting and Economic Studies (DPEE) based in Dakar. According to this organization, the increase in economic activity took place “thanks to...

Shareholders of Vivo Energy Côte d’Ivoire, specialized in the distribution of petroleum products, will receive on October 22, 2025, for the 2024 financial year, a gross total dividend of 5.390 billion CFA francs (9.702 million dollars), announced the leaders of this company based in Abidjan. Based on the 63 million shares that make up the...

On October 1, 2025, the Public Treasury of Mali raised an amount of 37.626 billion CFA francs (67.727 million dollars) on the West African Monetary Union (UMOA) financial market through 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....

The outstanding loans granted by the Decentralized Financial Systems (SFD) of the West African Monetary Union (UMOA) recorded a 2.4% decrease at the end of the first quarter of 2025 compared to the previous quarter, according to data from the Central Bank of West African States (BCEAO) based in Dakar. This outstanding amount stood at...

Ivory Coast made a big splash on the regional financial market by raising 110 billion CFA francs (198 million USD) on September 30, 2025, during an auction of Treasury assimilated bonds (BAT) for 91 days. This success confirms Abidjan’s position as the driving force of the sovereign debt market in the WAEMU, with nearly 45%...

Djibouti, September 30, 2025 – According to a statement from the presidency received by Financial Afrik, the Republic of Djibouti has won a decisive victory against the Emirati operator DP World before the London Court of International Arbitration (LCIA). In a ruling issued on September 29, the tribunal dismissed in their entirety DP World’s claims,...

The State of Guinea Bissau raised on September 29, 2025, on the financial market of the West African Monetary Union (UEMOA), an amount of 16.025 billion CFA francs (28.845 million dollars) through a simultaneous auction of Treasury bills (BAT) with a maturity of 350 days and Treasury bonds (OAT) with a maturity of 3 years....

The consolidated profit of the ENNAKL Automobiles group, specialized in car dealership, rental, and sale of car spare parts, recorded a 5.16% increase at the end of the first half of 2025 compared to that of the 2024 fiscal year, announced the leaders of this Tunis-based company. The consolidated financial statements of the period under...

Banque Atlantique, a subsidiary of the pan-African Group Banque Centrale Populaire (BCP), officially launched the Coffee-Cocoa 2025-2026 campaign during a ceremony held in Abidjan on September 24, 2025. The event took place in the presence of Mrs. Naziha BELKEZIZ, President of the Group, key players in the sector, as well as institutional and industrial partners. The initiative demonstrates the Group’s commitment to supporting the transformation and valorization of the agricultural chain, a key sector for Ivorian and regional economic growth. The strong mobilization of Coffee-Cocoa sector actors, including producers, cooperatives, industrialists, and exporters, highlights the central role of the sector…

The latest report on the Container Port Performance Index (CPPI), jointly published by the World Bank and S&P Global Market Intelligence and covering the period 2020-2024, confirms the growing importance of African hubs in the global reconfiguration of logistics chains. The evaluation, based on the analysis of 403 ports across more than 175,000 ship calls...

The profit of Bank OF Africa (BOA) Mali, a member of the Moroccan banking group BMCE Bank, increased by 29% in the first half of 2025 compared to the same period in 2024, announced the leaders of this banking institution based in Bamako. This profit reached 6.206 billion CFA francs (11.170 million dollars) compared to...

“In the second quarter of 2025, industrial turnover in Senegal increased by 24% compared to the same period in 2024, according to data from the National Agency of Statistics and Demography (ANSD) based in Dakar. According to the ANSD, this increase is due to “the improvement in turnover of extractive industries (+69.5%) and to a...

The first half of 2025 marks a turning point for Oragroup, the parent company of the eponymous bank. Based on financial statements in SYSCOHADA standards (formerly PCB), the banking group based in Lomé recorded a net profit of 18.3 billion FCFA, compared to a loss of 11.7 billion a year earlier, representing a spectacular improvement...

The situation of expenses and resources of the Moroccan Treasury in the first half of 2025 shows a budget deficit, excluding the proceeds from the sale of state holdings, of 31 billion dirhams (3.410 billion dollars), instead of 29.2 billion dirhams (3.212 billion dollars) a year earlier, according to data from Bank Al-Maghrib (BAM), the...

Exclusive interview with Ababacar S. DIAW, Managing Director of SGI IMPAXIS Securities, (Arranger & Lead Manager) As the State of Senegal relies on an unprecedented Public Offering of 300 billion CFA francs, SGI Impaxis Securities is at the forefront. For its Managing Director, Ababacar S. Diaw, this loan goes beyond simply raising funds: it embodies a strong signal of confidence in the national economy and a showcase of Impaxis’s technical and strategic expertise. “The APE launched by Senegal is an act of trust and faith in the Senegalese economy.” Impaxis Securities is the arranger and lead manager of this operation.…

In the plush corridors of the presidential palace in Nouakchott, she is one of the voices that matter. Coumba Bâ, a trained doctor and seasoned politician, holds a unique position in the entourage of Mauritanian President Mohamed Ould Cheikh El Ghazouani: that of minister advisor and special envoy to the International Organization of La Francophonie (OIF). In this role, she embodies a discreet but decisive figure, carrying personal messages from the head of state to his African counterparts. Originally from Monguel, in Gorgol, she belongs to an aristocratic Fulani lineage. Her respected teacher father instilled in her a love for…

Kinshasa, September 21, 2025 – The Regulatory and Control Authority for the Markets of Strategic Mineral Substances (ARECOMS) announced, through its Decision No. 004/ARECOMS/2025 of September 20, 2025, a new series of major measures concerning cobalt, a strategic resource of which the Democratic Republic of Congo is the world’s largest producer. The temporary suspension of...

Bloomfield Investment Corporation confirmed in 2025 the long and short-term ratings assigned a year earlier to Société Générale Côte d’Ivoire, a subsidiary of the French banking group. The long-term rating remains at AAA with a stable outlook, while the short-term rating stays at A1, also with a stable outlook. This evaluation is valid from July...

The labor market in Morocco recorded a creation of 5,000 jobs between the second quarter of 2024 and the same period of 2025, after a loss of 82,000 jobs a year earlier, according to data from Bank Al-Maghrib (BAM), the Moroccan Central Bank based in Rabat. “Except for agriculture, which saw a decrease of 108,000...

The trade deficit of Tunisia widened by 2.715 billion dinars (923.202 million dollars) at the end of the first eight months of 2025 compared to the same period in 2024, according to data from the National Institute of Statistics (INS) based in Tunis. This deficit stood at -14.640 billion dinars compared to -11.924 billion dinars...

Kinshasa, September 16, 2025 – Rawbank, a leading bank in the Democratic Republic of Congo, formalizes its commitment alongside the Congolese Government within the framework of the COPA-TRANSFORME program, a project co-financed by the International Development Association (IDA) aimed at structuring and strengthening the ecosystem of micro, small and medium enterprises, with a particular focus on those led by women. As a financial partner of the program, Rawbank provides its expertise, banking solutions, and network of branches to: This initiative is fully aligned with Rawbank’s corporate social responsibility strategy, which prioritizes economic inclusion and women’s empowerment. “COPA-TRANSFORME is an opportunity…