Author: Albert Savana

Senegal has entered a new political phase on May 22, 2026. The President of the Republic, Bassirou Diomaye Faye, has terminated the functions of his Prime Minister Ousmane Sonko, following a day marked by open tensions between the two heads of the executive. A few hours before his dismissal, Ousmane Sonko displayed increasingly visible differences...

For the fiscal year 2025, the Ivory Coast Electricity Company (CIE), specialized in the production and distribution of electricity, will allocate to its shareholders a gross total dividend of 13.104 billion CFA francs (23.587 million dollars), announced the leaders of this company based in Abidjan. Based on the 56 million shares that make up the...

The revenue from the transport of the Tunisian Air Company (Tunisair), the national airline of Tunisia created in 1948, recorded a 5% increase in the first quarter of 2026 compared to the same period of the 2025 fiscal year, announced the leaders of this company based in Tunis. These revenues amounted to 331 million dinars...

At the end of a simultaneous auction of Treasury assimilable bills (BAT) for 364 days as well as Treasury assimilable bonds (OAT) for 3, 5 and 7 years organized on Wednesday, May 20, 2026, the Burkinabe Public Treasury cashed in an amount of 50 billion CFA francs (90 million dollars) on the financial market of...

At the end of the 4th quarter of 2025, the outstanding credits granted by Microfinance Institutions (MFIs) of the West African Economic and Monetary Union (WAEMU) amounted to 2.937.2 billion FCFA (5.286 billion dollars), according to data from the Central Bank of West African States (BCEAO) based in Dakar. Compared to the 3rd quarter of...

Has the CEO of SpaceX surpassed Mansa Musa? With the announced IPO of SpaceX on the Nasdaq under the ticker “SPCX”, businessman Elon Musk could become the first individual in modern history to surpass the symbolic threshold of 1,000 billion dollars in personal fortune. The IPO project would value the group between 1,500 and 2,000...

The auction of May 21, 2026 by the French Treasury Agency summarizes the paradox of sovereign markets. Paris raised 1.54 billion euros in indexed OATs, with weighted average rates ranging from 1.24% to 2.03% depending on the maturities, and coverage ratios ranging from 2.61 to 3.26 times. In other words, despite high public debt and...

Chad is going through a pivotal period. Recent investment announcements and renewed support from international partners demonstrate a positive momentum around the national development plan “Chad Connexion 2030”, but structural challenges remain. Between stated ambitions and persistent constraints, one question remains: do the government and its international partners have the means to succeed in transforming the country and setting it on a path of sustainable and long-term economic development? A strategic turning point initiated in Abu Dhabi After a decade of complex political transition and an economy weakened by its dependence on oil, Chad is embarking on a new beginning.…

In March 2026, the prices of gold, one of the main commodities exported by the countries of the West African Economic and Monetary Union (UEMOA), recorded a strong increase of 62.9%, according to data from the Central Bank of West African States (BCEAO) based in Dakar. The central bank’s services state that the rise in...

A year after withdrawing an initial legal action, Nigerian billionaire Aliko Dangote’s group is once again taking on the country’s oil authorities. His giant refinery, Dangote Petroleum Refinery, has filed a new complaint with the Federal High Court in Lagos to challenge the fuel import licenses granted to the national oil company Nigerian National Petroleum...

The Multinational Bitumen Company (SMB), based in Abidjan and specialized in the production, processing, storage, and marketing of bitumen, will allocate to its shareholders, for the 2025 fiscal year, a total gross dividend of 6.236 billion CFA francs (11.225 million dollars), according to the 2025 profit allocation plan established by the company’s Board of Directors....

The payment date for Ecobank Côte d’Ivoire’s 2025 dividend, a subsidiary of the pan-African banking group of the same name, initially scheduled for May 22, 2026 by the Board of Directors, has been finally set for May 26, 2026, announced the leaders of this bank based in Abidjan. The bank will thus pay its shareholders...

At the end of the 2025 fiscal year, the after-tax profit of the company Tunisia Aluminum Profiles (TPR), specialized in the transformation, manufacturing, trade, import and export of all kinds of aluminum profiles or other products, increased by 8% compared to that of 2024, announced the managers of this company based in the Rue des...

For the fiscal year 2025, shareholders of the Société de Caoutchouc de Grand Béréby (SOGB), the second largest rubber producer in Côte d’Ivoire and the third largest palm oil producer in Côte d’Ivoire, a subsidiary of SFCA (Société Immobilière et Financière de la Côte Africaine), an Ivorian agro-industrial group operating in oilseeds, sugar, and rubber,...

“For the fiscal year 2025, shareholders of the Ivorian Tobacco Company (SITAB), a subsidiary of the British firm Imperial Brands, will receive a total gross dividend of 38.088 billion CFA francs (68.560 million dollars), according to the proposed allocation of the results for the upcoming Annual General Meeting (AGM) by the Board of Directors. The...

d of the 2025 fiscal year, the after-tax profit of Salafin, a subsidiary of the Moroccan banking group BMCE specializing in consumer financing and credit, recorded a slight increase of 3.2% compared to the same period in 2024, announced the leaders of this structure based in Casablanca. As of December 31, 2025, Salafin had a...

In Nairobi, on May 10th on the eve of the Africa Forward summit, Emmanuel Macron attempted an exercise that has become rare in Franco-African relations: talking about Africa without apparent condescension, without overt colonial nostalgia, and especially without the old “pre-carré” grammar. The French president now claims a different doctrine: one of a partnership on...

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 29.026 billion CFA francs (52.246 million dollars) on the West African Monetary Union (UMOA)...

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...