Author: Albert Savana

The Malian public treasury continues to attract investors on the regional market. Following a simultaneous issuance of Treasury Bills (BAT) with a maturity of 364 days and Treasury Bonds (OAT) with maturities of 3 and 5 years organized on Wednesday, March 4, 2026 on the UMOA public securities market, Bamako raised 33 billion CFA francs,...

Customs administrations from four pilot ECOWAS member states – Nigeria, Ghana, Côte d’Ivoire, and Senegal – are meeting in Abidjan from March 3 to 5, 2026 to discuss the modalities for implementing the self-certification mechanism of community origin in the region, under the ECOWAS Trade Liberalization Scheme (ETLS). The Trade Liberalization Scheme remains the central instrument for promoting the free movement of goods produced within the community. It is also a key lever for enhancing economic integration and supporting regional development, in line with Article 3 of the revised ECOWAS Treaty. Since its establishment in the 1990s, this mechanism has…

The State of Ivory Coast raised on Tuesday, March 3, 2026 on the financial market of the West African Monetary Union (UMOA) an amount of 66 billion CFA francs (118.8 million dollars) through a simultaneous auction of treasury assimilable bonds (OAT) with maturities of 3, 5 and 7 years. The issuer, who was seeking 60...

At the end of the 2024 financial year, banks in the West African Economic and Monetary Union (WAEMU) achieved a total net profit of 1,105.3 billion CFA francs (1.989 billion dollars), according to the 2024 annual report of the Banking Commission, the community supervisory body based in Abidjan. Compared to the 2023 financial year where...

The Sonatel group (National Telecommunications Company) of Senegal, which includes subsidiaries in Mali, Guinea, Guinea-Bissau, Sierra Leone, and a stake in the Orange Services Group, will pay its shareholders a hefty sum of 174 billion CFA francs (313,200 million dollars) starting from May 25, 2026, in the form of a global net dividend for the...

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 and 5 years, the State of Senegal, through its Public Treasury, raised an amount of 108.785 billion CFA francs (195.814 million dollars) on the financial market of...

Investors operating in the West African Monetary Union (UEMOA) financial market have allocated an amount of 65.999 billion CFA francs (119 million dollars) to Burkina Faso following a simultaneous auction of 364-day Treasury bills (BAT) and 3, 5, and 7-year Treasury bonds (OAT) organized on Wednesday, February 25, 2026. The amount put up for auction...

The State of Guinea Bissau raised on Monday, February 23, 2026, on the financial market of the West African Monetary Union (UMOA), an amount of 20 billion CFA francs (36 million dollars) through a simultaneous auction of Treasury Bills (BAT) with maturities of 182 and 364 days, as well as Treasury Bonds (OAT) with a...

At the end of its meeting on February 17, 2026, the Board of Directors of the Tunisian Reinsurance Company (Tunis Re) decided to convene an Extraordinary General Meeting to proceed with an increase in the company’s capital, announced the leaders of this company based in Tunis. “The terms of this increase will be approved at...

At the end of an auction of Treasury Bills (BAT) with a maturity of 364 days as well as Treasury Bonds (OAT) with maturities of 3, 5, 7 and 10 years, the State of Senegal, through its Public Treasury, obtained on Friday, February 20, 2026, on the West African Monetary Union (UMOA) financial market, an...

Few development banks venture into the field of cultural industries, deemed too risky, too dependent on public taste, and difficult to financially valorize. And yet, transforming African talents into negotiable cultural assets on the international market precisely requires this type of risk-taking. With the financing of the feature film Clarissa, the Afreximbank group clearly assumes...

After three decades within major international firms, Nadine Tinen chose to build a close-knit group of partners from the Big 4, firmly rooted in African realities. At the head of VINKA, a pan-African firm reshaping the consulting market in French-speaking Africa, the former CEO and Territory Senior Partner of PwC Sub-Saharan Francophone Africa (2017-2025) made the choice to structure an agile organization, designed to handle complex issues involving audit, taxation, governance, transformation, and execution. An overview of a collective that now forms the foundation of expertise and the backbone on which the “VINKA model” rests. Geoffroy Kamga: the audit pillar…

International businesswoman Vasundhara Oswal has filed a human rights petition before the High Court of Uganda, accusing senior security officials of illegally and arbitrarily arresting her, and then detaining her for nearly three weeks in October 2024, despite a court order for her release and the absence of any evidence. Among those implicated are several senior Ugandan officials: Assistant Inspector General of Police and Director of Interpol, Joseph Obwona; former Police Commissioner in charge of Interpol, Allison Agaba; Joseph Kyomuhendo, head of the Human Trafficking Division at the Directorate of Public Prosecutions (DPP); and Thomas Baale, a police detective and…

At the Munich Security Conference, US Secretary of State Marco Rubio delivered a speech with strong ideological and strategic undertones, calling on Europe to align with the new doctrine advocated by President Donald Trump: reject decline, embrace power, and rebuild the Western alliance. In an address built around historical, cultural, and geopolitical references, the American...

China will eliminate customs duties on imports from all African countries, except Eswatini, starting May 1st, announced President Xi Jinping on Saturday, February 15, 2026 on the sidelines of the 39th African Union summit. This measure comes shortly after the USA renewed the AGOA (African Growth and Opportunity Act), a preferential mechanism allowing around forty...

At the end of the 2025 financial year, the profit of Sanlam Morocco, a limited company specializing in insurance and reinsurance services (Life and Non-Life), increased by 8% compared to the 2024 financial year, announced the leaders of this company based in Casablanca. This profit amounted to 451 million dirhams (49.610 million dollars) compared to...

“In January 2026, consumer prices in Senegal increased by 0.4% compared to January 2025, according to data from the National Agency of Statistics and Demography (ANSD) based in Dakar. According to the ANSD, this evolution is mainly due to the increase in prices of restaurant services and accommodation services (+2.1%), household furnishings, household equipment and...

At the end of the 2025 financial year, the Moroccan group Disway, specialized in the distribution of computer equipment in Morocco, recorded a 9% increase in consolidated turnover compared to 2024, announced the leaders of this company based in Casablanca. Activity indicators in the 4th quarter of 2025 highlighted a turnover of 2.076 billion dirhams...

A total amount of 601.562 million dirhams (66.171 million dollars) in the form of a global dividend for the year 2025 to be distributed to shareholders was proposed by the Board of Directors of Afriquia Gaz company (a subsidiary of AKWA Group, a Moroccan holding company encompassing a dozen companies in the sectors of fuel...

“In January 2026, consumer prices in Benin decreased by 0.2% compared to the previous month, according to data from the National Institute of Statistics and Demography (INSTAD) based in Cotonou. According to INSTAD, the general price level stood at 101.6 compared to 101.8 in December 2025. “The monthly decrease in the index is mainly due...

The cumulative gold production of Senegal at the end of the first 11 months of the year 2025 recorded an increase of 514.8 kg compared to the same period of the year 2024, according to data established by the Directorate of Forecasting and Economic Studies (DPEE) based in Dakar. This production stood at 10,413.2 kg...

At the end of its meeting on January 29, 2026, the Board of Directors of the company Maghreb Oxygène S.A, specialized in the production, packaging, and marketing of industrial, medical, food, and specialty gases, proposed to the Ordinary General Meeting (OGM) of shareholders the distribution of a total dividend of 3.250 million dirhams (357,500 dollars),...

The consolidated profit of LabelVie group, a leader in the multi-format retail sector in Morocco, recorded a 6.1% increase at the end of the 2025 fiscal year compared to 2024, announced the company’s executives based in Skhirat, a Moroccan seaside town located between Rabat and Casablanca. According to the consolidated accounts as of December 31,...

Starting from March 1, 2026, Liberia introduces a carbon contribution on air and maritime transport As of March 1, 2026, airlines and maritime operators serving Liberia will have to pay a carbon contribution of 25 dollars per tonne of CO₂ equivalent (tCO₂e). This measure is part of the official launch of the Sovereign Carbon Initiative of the Republic of Liberia, announced on January 27, 2026 in Monrovia. Led by the Carbon Markets Authority, established by presidential decree in October 2025, this initiative establishes a national compliance mechanism inspired by the European emissions trading system. It requires the companies involved to…

Former president of the African Development Bank, Akinwumi Adesina, is embarking on a new phase of his journey on the African economic scene. On Tuesday, February 4, during an event attended by Ghanaian President John Dramani Mahama, he announced the upcoming launch of the Global Africa Investment Summit, a new event dedicated to investment on...

At the end of its meeting on February 3, 2026, the Board of Directors of Attijari Leasing, whose main purpose is to carry out leasing operations on real estate and movable property for professional, industrial, commercial, agricultural, fishing, or service use, proposed the distribution of a total dividend of 6.050 million dinars (2.117 million dollars)...

For its 2025 rating covering the period September 2025-August 2026, Bloomfield Investment has maintained unchanged the long and short term ratings awarded to Orange Côte d’Ivoire a year earlier, announced the leaders of this rating agency based in Abidjan. The long term rating remains AAA with a stable outlook. As for the short term rating,...

The inflation rate for the entire year 2025 stood at 5.3% in Tunisia according to data from the National Institute of Statistics (INS) based in Tunis. Compared to 2024 where it was at 7%, there is a decrease of 1.7 percentage points. In monthly variation, this inflation rate stabilizes at 4.9% in December 2025 compared...

The total revenue of listed companies on the Tunis Stock Exchange (BVMT) recorded a 5.3% increase at the end of 2025 compared to 2024, according to a report by the exchange’s leaders based in Tunis. This report, based on the activity indicators of listed companies during 2025, shows a total revenue of 26.5 billion dinars...

Bank Al-Maghrib’s business survey for the month of December 2025 shows an improvement in industrial activity, announced the central bank based in Rabat. This opinion survey conducted with a representative sample of nearly 400 industrial companies was carried out during the period from January 1 to 28, 2026. The results are based on a response...