Author: ISSOUF KAMAGATE

The International Monetary Fund (IMF) is showing renewed optimism for the Egyptian economy, raising its growth forecast to 5.4% for the 2027 fiscal year, according to an announcement made on January 19, 2026. This revision of 0.7 percentage points compared to the October estimates reflects an improvement in national macroeconomic indicators. Already, for the 2026...

On Saturday, January 17, 2026, the Abidjan-Plateau hemicycle marked the beginning of the 3rd legislature of the 3rd Republic with the election of Patrick Achi as President of the National Assembly. The candidate of the Rally of Houphouëtists for Democracy and Peace (RHDP), the former Prime Minister won a clear victory: out of 253 voters...

Equatorial Guinea is embarking on a structural transition with the official proclamation of Ciudad de la Paz, capital of the Djibloho province in the eastern part of the country, as the new capital of the State. This historic decision, formalized on January 2, 2026 during a solemn ceremony at the seat of the Presidency of...

The Nigerian federal government has canceled a substantial portion of the debts inherited from the Nigerian National Petroleum Company Ltd. (NNPCL) to the Federation account. This operation amounts to approximately $1.42 billion US dollars and 5.570 trillion nairas, following a reconciliation exercise validated by President Bola Tinubu. The decision is formalized in a regulatory document prepared by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and presented at the November meeting of the Federation Account Allocation Committee (FAAC). It concerns the clearance of long-standing balances, particularly related to crude oil liftings, production sharing contracts, and joint venture royalties, up to the…

The Independent Electoral Commission (CEI) officially released the results of the legislative elections held on Saturday, December 27, this Monday, December 29. In the end, Alassane Ouattara’s Rally of Houphouëtists for Democracy and Peace (RHDP), who was re-elected last October with nearly 90% of the votes as the head of Ivory Coast, emerged victorious with...

The Suez Canal Authority (SCA) and the Japan International Cooperation Agency (JICA) officially signed a $22 million financing agreement on Sunday, December 28th. This grant aims to fund the construction of Egypt’s first diving support vessel, intended to strengthen maritime security and rescue capabilities along the Suez Canal, according to information provided by the Authority....

In its 2025 country report on Ivory Coast entitled “Making the most of Ivory Coast’s capital to promote its development”, the African Development Bank (AfDB) reveals that the country has joined the category of countries with a medium Human Development Index (HDI), reaching a score of 0.582 in 2023, a clear progression compared to 2022...

In its 2025 country report on Ivory Coast entitled “Harnessing Ivory Coast’s Capital for Development”, the African Development Bank (AfDB) reveals that the country has entered the category of countries with a medium Human Development Index (HDI), reaching a score of 0.582 in 2023, a significant increase compared to 2022 (0.565). According to the report...

Ghanaian company Cybele Energy has officially strengthened its international presence by signing a production sharing agreement (PSA) for block S7 in Guyana, a first for an African operator in the country’s offshore basin. This development positions the company, led by Beatrice Jones-Mensah Tayui, as the first operator company led by an African woman in this...

On the occasion of the admission of Senegal’s four bond issues to the Regional Stock Exchange (BRVM) on Tuesday, December 9, the Senegalese Minister of Public Debt, Alioune Diouf, indicated that the country is engaged in advanced discussions with the International Monetary Fund (IMF) for the establishment of a new program. This program aims to...

The four bonds issued by the State of Senegal were officially listed on the Regional Stock Exchange (BRVM) on Tuesday, December 9, marking an important milestone for the integration and credibility of the regional financial market. The Director General of the BRVM emphasized during the ceremony that “the BRVM market has established itself as a...

The first phase of the operation to inventory the State’s real estate assets has identified and digitized 28,187 real estate properties as of August 31, 2025. The information was provided by the Minister of Communication and Government Spokesperson, Amadou Coulibaly, following the Council of Ministers meeting on December 3, 2025, held at the Presidential Palace....

The loan agreement No. 2025038/PR CI 2025 22 00, concluded on August 28, 2025 between the West African Development Bank (BOAD) and the Republic of Ivory Coast, for the partial financing of the project to build 4,300 social and economic housing units, was ratified by the Ivorian government, which announced it on December 3, 2025,...

Angola is reaching a strategic milestone in the development of its gas industry with the inauguration of its first national gas project not associated with Soyo, in the northern part of the country. This official commissioning, marked by the opening of the New Gas Consortium (NGC) processing plant, is the result of a $4 billion...

The board of directors of the General Confederation of Ivorian Enterprises (CGECI), meeting in an elective session on November 20, 2025, reappointed Ahmed Cissé as the president of the Ivorian employers’ organization for a second five-year term. This reappointment follows on from a first term initiated in 2023, widely praised for its structural results and...

In its weekly report dated November 15, Ehab Wassef, President of the Gold and Precious Metals Division of the Egyptian Industries Federation, noted significant fluctuations in the local gold market over the past week. Despite notable gains in recent days, a significant portion of these increases was erased during the last session, reflecting the persistent...

Standard & Poor’s (S&P) announced on November 7, 2025, the upgrade of Ghana’s sovereign rating to “B-/B” with stable outlook, marking the end of over two years of degraded speculative rating (“CCC+/C”). This decision, motivated by macroeconomic stabilization and fiscal recovery, confirms the turnaround of a country that is just emerging from a severe debt...

Standard Bank, Africa’s leading financial institution in terms of assets, has announced the official opening of its representative office in Egypt, marking a strategic step in its regional expansion and commitment to the economic integration of the continent. The inauguration, scheduled in Cairo on November 12, 2025, symbolizes the group’s desire to strengthen intra-African financial...

Facing the rapidly deteriorating security situation in Mali, the African Union (AU) has called on the international community to provide a coordinated and concerted response. In a statement released on Sunday, November 9, the President of the AU Commission, Mahmoud Ali Youssouf, expressed his “deep concern” over the increasing terrorist attacks in the country. These...

Thirteen officials of the African People’s Party-Ivory Coast (PPA-CI), a political party of former president Laurent Gbagbo, have been summoned by the police for questioning on Wednesday, October 29, 2025. According to a source close to the case, these summons come in the wake of an investigation opened following the prohibited demonstration on October 11th....

The outgoing president of Ivory Coast, Alassane Ouattara, won the presidential election on October 25, 2025 in the first round with 89.77% of the votes, according to provisional results announced on October 27 by the Independent Electoral Commission (CEI). The election, which saw a voter turnout of 50.10% out of a total of 8.7 million...

The Financial Action Task Force (FATF) has announced the removal of Nigeria from its list of jurisdictions under increased monitoring, commonly known as the grey list, following a positive evaluation of the reforms implemented by the country. This decision comes after a two-year reform program coordinated by the federal government and carried out as part...

During the third quarter of 2025, the General Directorate of Taxes (DGI) of Ivory Coast mobilized around $2.08 billion, representing 96.8% of the quarterly target set at $2.15 billion, a gap of 3.2%. In the same period in 2024, revenues amounted to $1.63 billion, reflecting a 32% increase in forecasts and an actual increase of...

The General Confederation of Ivorian Enterprises (CGECI) is organizing a new edition of its dialogue forum “Facing the Employers” at the Maison de l’Entreprise in Abidjan, in the context of the ongoing election campaign until October 22, 2025. This initiative, part of the presidential election, aims to facilitate direct exchanges between Ivorian private sector actors...

The State of Côte d’Ivoire officially entered the capital of the Abidjan-PK24 Economic and Industrial Platform (PEIA PK24) on October 10, 2025, through the Caisse des Dépôts et Consignations de Côte d’Ivoire (CDC-CI) and the Caisse Nationale de Prévoyance Sociale (CNPS). This operation, formalized during a ceremony in the presence of the Minister of Commerce...

On the eve of the presidential election on October 25, 2025, the Independent Electoral Commission (CEI) of Ivory Coast specified on Tuesday, October 8, the modalities governing the electoral campaign which starts on Friday, October 10. This election will mobilize 8,727,431 registered voters, spread across the national territory and abroad, to choose between five candidates,...

In Abidjan, the African Development Bank (AfDB) and the World Food Programme (WFP) have reaffirmed their joint commitment to food security in Africa. During a meeting between Sidi Ould Tah and Rania Dagash-Kamara on Thursday, October 2, the two organizations highlighted the concrete results of a partnership that has already benefited nearly one million people....

Egyptian Minister of Investment and Foreign Trade, Hassan El-Khatib, announced at an economic forum focused on investment and trade prospects in Egypt on Tuesday, October 7, that his country aims to increase its foreign direct investment (FDI) flows by 20 to 30% by the end of 2025, to reach around $12 billion. Currently, annual FDI...

Egypt’s real estate exports reached a record level in 2025, totaling $1.5 billion, compared to $500 million in 2024, representing a 200% growth in one year. According to Tarek Shoukry, president of the Real Estate Development Chamber of the Federation of Egyptian Industries, as reported on Sunday, October 5 by a local newspaper, this expansion...

The air cooperation between Côte d’Ivoire and Mali takes a new step forward with the official opening, on October 1, 2025, of the regular Bamako-Abidjan route operated by Sky Mali. This initiative marks a new stage in the revitalization of West African regional connections, contributing to strengthening connectivity between two major economic capitals of the...