Author: Albert Savana

In the third quarter of 2025, the profit of Bank of Africa (BOA) Cote d’Ivoire, a subsidiary of the Moroccan banking group BMCE Bank, recorded a slight increase of 1.29% compared to the same period in the 2024 fiscal year, announced the leaders of this banking institution based in Abidjan. According to the unaudited activity...

At the end of the first nine months, the profit of the National Telecommunications Office of Burkina Faso (ONATEL) S.A recorded a 23% increase compared to the same period in the 2024 fiscal year, announced the leaders of this company based in Ouagadougou, Burkina Faso. The IFRS (International Financial Reported Standards) data established by the...

d of the first half of 2025, the after-tax profit of the Ivorian cable company (Sicable), a member of the PRYSMIAN Group, a world leader in electrical cables, increased by 55.3% compared to the previous year, announced the leaders of this Abidjan-based company. According to the activity report for the first half of 2025 prepared...

The consolidated turnover of Maghreb Oxygène S.A, specialized in the production, packaging, and marketing of industrial, medical, food, and specialty gases, recorded a 3.3% decrease at the end of the first nine months of the 2025 fiscal year compared to 2024, announced the leaders of this company based in Casablanca. This turnover decreased from 233.7...

The Senegalese government is considering taxing money transfers and mobile payments. The idea, included in the 2025-2028 economic recovery plan, comes in a context of intense budgetary pressure: debt exceeding 100% of GDP, lower than expected tax revenues, and the need to finance major projects. But as digital represents the most widely used financial solution in the country, this tax policy raises a central issue: taxing mobile money means taxing the daily life of millions of Senegalese people. A sector vital to the Senegalese economy Mobile money is the backbone of financial inclusion in Senegal. Less than 30% of the…

The tragi-comic coup d’état that shook Bissau in November 2025 plunged the international community into a mix of astonishment and hesitation. It’s hard not to see an almost absurd scenario: a deposed president freely giving interviews about his own downfall. We are far from the dramatic closed-door situation in the case of Bazoum in Niger in July 2023. But behind the theater, the repetition of the scenario is intriguing. Umaro Sissoco Embaló is no stranger to this kind of episode. In February 2022, an attempted coup d’état – never fully established – offered him the perfect opportunity to neutralize his…

The consolidated revenue of the MANAGEM Group, a Moroccan private mining operator, increased by 14% at the end of the first nine months of the 2025 fiscal year compared to the same period in 2024, announced the leaders of this company based in Casablanca. The group’s indicators at the end of September 2025 show a...

The battle for TV rights around CAN 2025 is intensifying in Côte d’Ivoire. For this edition, the TNT channels: RTI and NCI as well as CANAL+, the main distributor of pay television in French-speaking Africa, hold the broadcasting rights. According to our information, the decision of the High Authority of Audiovisual Communication (HACA) dated September 2023 should apply for this edition. It requires pay operators to reserve major sporting events for subscription packages higher than those giving access to local channels. In this scenario, the CAN 2025 matches would be accessible on RTI and NCI via the smallest CANAL+ bouquet…

Announced in the morning of November 26, 2025, the coup attempt in Guinea-Bissau was reportedly thwarted by loyalist forces. Following this, President Umar Sissoko Embaló, outspoken with the media, dissolved the Parliament, pointing fingers at its president, Domingo Simões Pereira (DSP), a political opponent prevented from running in the legislative elections. These elections, held on...

The five largest global miners lost $14.2 billion in market capitalization in six weeks, according to BestWallet.com, marking their strongest correction since the 2022 crash. The decline is directly related to the fall of Bitcoin, which dropped from $127,000 to $87,400 between early October and late November (-30%), a movement amplified by the miners’ business...

At the end of the third quarter of 2025, the Bernabé Ivory Coast company, specialized in the distribution of hardware products, incurred a loss of 157.025 million FCFA (282,646 dollars), announced the leaders of this company based in Abidjan. Compared to the third quarter of 2024 where it stood at -31.575 million FCFA (56,836 dollars),...

At the end of the third quarter of 2025, the revenue of the Ivorian Tobacco Company (SITAB), a subsidiary of the British company Imperial Brands, increased by 19% compared to the same period in 2024, announced the leaders of this company based in Abidjan. This revenue amounted to 65 billion CFA francs (117 million dollars)...

At the end of September 2025, the ordinary expenses of the State of Senegal amounted to 3,220.8 billion CFA francs, representing 72.7% of the credits provided for in the Amended Finance Law (LFR). This dynamic comes at a time when the budget deficit stood at 4.88% of GDP over the same period, a level below the annual target of 7.82%, but still well above the UEMOA convergence criterion (3%). Budget execution confirms the government’s commitment to initiate a gradual consolidation, in an environment marked by the absence of a new program with the IMF and the recent downgrade of the…

Despite the turbulence shaking the global cocoa market, Ivory Coast maintains its position as the world’s top producer while Ghana stagnates and, more worryingly, Cameroon and Nigeria have been overtaken by Ecuador. In a context where volumes are declining and climatic hazards complicate the task of farmers, the Ivorian elephant country continues to demonstrate exceptional...

The question resurfaces with new acuity at a time when the five wealthiest individuals in Africa have seen their wealth increase by 88% in five years, according to Oxfam, in a context where the majority of households on the continent are facing inflation, precariousness, high tax pressure on the formal sector, and multiple climate shocks....

“Ocean governance and the blue economy remain undervalued in the Africa–Europe partnership. The African private sector has a central role to play in integrating these priorities fully into the cooperation agenda between the two continents.” Valued at nearly 450 billion dollars a year, the blue economy stands as one of Africa’s most promising engines of growth — and a strategic field of cooperation with Europe. Yet this potential remains largely overlooked in the AU–EU partnership, warn several stakeholders based in Brussels. Ahead of the upcoming summit between the two continents, Aziz Boughourbal, CEO of Africa Ocean Group, speaks to Financial…

Under financial pressure and without a safety net from the IMF, Senegal manages to generate 3,254 billion CFA francs in budget revenues at the end of September 2025. A resilient performance – driven by the strength of VAT and corporate taxes – but also revealing the tensions of a model in search of balance in...

d of the third quarter of 2025, the after-tax profit of Vivo Energy Côte d’Ivoire, specialized in the distribution of hydrocarbon products, increased by 45% compared to the same period in 2024, announced the leaders of this company based in Abidjan. This profit increased from 2.850 billion CFA francs on September 30, 2024 to 4.119...

The dispute between Ecobank and Wilben Trade Limited, a trading company active between the Middle East, West Africa, and Asia specializing in agricultural commodities, came to a conclusion before the Dubai Court of Cassation, which unanimously rejected the appeal filed by the company and its promoter, Marcus Akroyd Wade, on November 13, 2025. Since 2023,...

d of the third quarter of 2025, the current result before taxes of the company Filatures Tissage Sac (Filtisac) S.A, specialized in the manufacturing and commercialization of jute bags and synthetic fiber bags, took a dive of 4.359 billion FCFA (7.846 million dollars) compared to the same period in the 2024 fiscal year, announced the...

At the end of a simultaneous issuance of Treasury assimilable bills (BAT) of 364 days and Treasury assimilable bonds (OAT) of 3, 5, and 7 years carried out on November 19, 2025, the Burkinabe Public Treasury raised an amount of 21.966 billion CFA francs (39.538 million dollars) on the West African Monetary Union (UEMOA) financial...

The 46th session of the Ministerial Conference of La Francophonie (CMF) will be held in Rwanda on November 19 and 20, 2025, preceded by the 132nd session of the Permanent Council of La Francophonie (CPF) on November 18. For the first time, Rwanda, a founding member of La Francophonie since 1970, is hosting this major event at the Kigali Convention Centre, a symbol of contemporary African diplomacy. This edition focuses on a central and highly strategic theme: “Thirty years after Beijing: the contribution of women in the Francophone space”. Thirty years after the 1995 World Conference on Women, the 90…

The after-tax profit of Bank Of Africa (BOA) Senegal, a subsidiary of the Moroccan banking group BMCE Bank, increased by 10.01% at the end of the third quarter of 2025 compared to the same period in 2024, announced the leaders of this banking institution based in Dakar. According to the activity report prepared by the...

For its 2025 rating, valid from August 2025 to July 2026, Bloomfield Investment has maintained unchanged the long and short term ratings awarded to Bank Of Africa (BOA) Niger one year ago, announced the leaders of this rating agency based in Abidjan. The long term rating remains A- with a stable outlook. As for the...

The image will remain: a trial broadcast live, a sharp-tongued attorney general, witnesses parading between revelations and contradictions, and two major defendants – Sylvia and Noureddin Bongo – absent, but sentenced to twenty years of imprisonment and a record damages of 1,200 billion CFA francs. Beyond the judicial spectacle, an entire system was exposed, publicly...

At the end of the first half of 2025, Africa Global Logistics (AGL) Ivory Coast ex Bolloré Transports & Logistics Ivory Coast, incurred a loss of 427.470 million FCFA (769,446 dollars), announced the leaders of this company based in Abidjan. Compared to the first half of 2024 where it stood at +18.609 billion FCFA (29.774...

Twenty thousand documents: a judicial, institutional, and political earthquake The declassification of over 20,000 documents related to Jeffrey Epstein continues to send shockwaves through the top levels of the American government. Beyond the volume and brutality of these revelations, it is an apparently minor detail – an email referred to by investigators as “the dog...

At the end of the first ten months of 2025, Tunisia’s trade deficit widened by 2.719 billion dinars (925 million dollars) compared to the same period in 2024, according to data from the National Institute of Statistics (INS) based in Tunis. According to this institution, “this deficit mainly comes from energy (-9.181 billion), raw materials...

At the end of the third quarter of 2025, the after-tax profit of Uniwax S.A, specialized in textile manufacturing, increased by a significant 476.1% compared to the same period in 2024, announced the leaders of this company based in Abidjan (Ivory Coast). This profit amounted to 8.142 billion CFA francs (14.657 million dollars) compared to...

Africa Global Logistics Ivory Coast (AGL CI) has reported a significant deterioration in the first half of 2025, despite a slight rebound in its activity. The turnover reached 44.45 billion FCFA, representing a 4% increase compared to the same period in 2024, indicating a generally stable commercial volume. However, this symbolic increase does not offset...