Author: The Editorial Staff

The 4th edition of Finance Week opens on April 30, 2026 at the Starland Hotel, initiated by the media Eco Matin, led by Émile Fidieck. Under the theme “Private Investment: Building the New Economic Power of CEMAC”, the meeting will bring together for two days the main public and private decision-makers of CEMAC around the issues of financing and economic diversification. Among the expected participants are Louis Banga Ntolo, General Director of the Central African Securities Exchange (BVMAC), Yvon Sana Bangui, Governor of the Central African States Bank (BEAC), Laya Sidibé, General Director of SanlamAllianz Cameroon, Pierre Kammogne, senior executive…

The Mauritanian capital was the scene of a major financial sector event on Tuesday, April 28. The “Great Meeting of Decision-Makers,” organized by Business France for Capital Banking Solutions and EU Technology, took place from 8:30 am at the Fasq hotel in Nouakchott. The event brought together key players in finance and technology to discuss the strategic challenges shaping the future of the banking sector, both in Mauritania and internationally. At the heart of the discussions were digital transformation, modernization of infrastructure, and adaptation to new market requirements. The Central Bank of Mauritania opened the institutional exchanges by highlighting essential…

The Board of Directors of Versus Bank officially announced on Wednesday the appointment of Georges Wilfried Kacou as the new Chief Executive Officer. He will assume his duties on May 1, 2026, replacing Jérôme Ehui, after approval from the regulator, the Banking Commission of the UEMOA, obtained as of March 17, 2026. This appointment marks the beginning of a new strategic phase for the institution, which is controlled in particular by Harvest Capital Holding and IPS-CGRAE. The Board mentions an acceleration of transformation, with a focus on governance, sustainable growth, and the implementation of a new strategic plan in the…

By Jean Van Wetter, CEO of Enabel, and Aziz Boughourbal, CEO of Africa Ocean Group Faced with the magnitude of financing needs and the increasing constraint on public finances, one thing is clear: Africa’s economic emergence can no longer rely primarily on aid. By 2050, the continent will represent nearly a quarter of the world’s population. It will concentrate a growing share of the global workforce as well as massive needs in infrastructure, energy, and consumer goods. According to the African Development Bank, over $130 billion will be needed annually for infrastructure alone. No public actor will be able to…

On Tuesday, April 28, 2026, Abu Dhabi officially announced its withdrawal from OPEC through a statement from the Ministry of Energy released at the end of the day, along with a formal notification sent to the organization’s secretariat. No press conference, no speech by Mohammed bin Zayed Al Nahyan (MBZ), but a technocratic communication. A way to present a political break as a management decision. This choice of form sheds light on the substance. Because behind the sobriety of the gesture, the Emirati decision aggregates several lines of force that deeply reshape the geopolitics of oil. First, the issue of…

During the press conference on April 27, 2026, Afreximbank’s President, George Elombi, confirmed the strength of a growth model based almost exclusively on the core activities of the bank. In 2025, 92% of revenues come from net interest income, while 9% come from commissions from trade financing instruments, including letters of credit and guarantees. No...

During his economic tour from April 23 to 25, 2026 in the region of Kolda, Bassirou Diomaye Faye laid the foundation stone for the future agro-industrial complex of SONACOS in Medina Yoro Foulah, marking a significant step in the restructuring of the groundnut sector. Led by the general management of SONACOS, under the leadership of...

(1 US dollar (USD) ≈ 10.0 to 10.2 Moroccan dirhams (MAD)) The Casablanca Stock Exchange is undergoing a strategic transformation. Broadening the investor base, resurgence of initial public offerings, launch of the futures market… In this interview with Financial Afrik, Majd GUEBBAS, CEO of BMCE Capital Bourse, a subsidiary of BANK OF AFRICA – BMCE Group, believes that these developments outline a market that is deeper, more sophisticated, but still facing the central challenge of its integration into the real economy. The Casablanca Stock Exchange is marked by low depth and concentration of volumes on a few stocks. What concrete…

The security situation in Mali is entering a new critical phase after simultaneous attacks targeting several strategic positions across the country, reviving concerns from regional and international partners about the stability of the Sahel. Coordinated offensives were reported this Saturday morning, April 25, 2026 in key cities, including Bamako, Gao, Sévaré, Kidal, and Kati, marking a significant escalation in a context already marked by persistent security pressure. According to the Malian armed forces headquarters, armed terrorist groups not yet formally identified targeted military installations and sensitive points, including the Bamako-Sénou international airport and the strategic garrison of Kati. Military authorities…

Senegal confirms a dynamic of budgetary consolidation that strengthens the credibility of its macroeconomic framework. According to the quarterly budget execution report published in April 2026 by the Ministry of Finance and Budget of Senegal, the public deficit was reduced to 6.44% of gross domestic product (GDP) in 2025, amounting to 1,387.5 billion CFA francs, a level lower than the annual target of 7.82% set in the amending finance law. This performance reflects a prudent budget management by the authorities, supported by sustained revenue mobilization and controlled execution of public expenditures. For financial actors and development partners, this evolution represents…

Through a public-private partnership (PPP), the Togolese Republic entrusted the company Envol Immobilier, led by businessman Madani Maki Tall, with the construction of the new University of Kara (UK). The project was fully financed by Coris Bank International Togo. The infrastructure was inaugurated this morning by the President of the Council, Faure Essozimna Gnassingbé, three years to the day after the laying of the first stone, in accordance with the initial schedule – a performance that illustrates both the professionalism of the contractor and the efficiency of the financial partner. This new, modern and structuring university complex marks an important…

At the end of a simultaneous issuance of Treasury Assimilable Bonds (OAT) with maturities of 3 and 5 years, organized on April 23, 2026 at the West African Monetary Union (UMOA) financial market, the State of Niger, through its Public Treasury, obtained an amount of 29.582 billion CFA francs (53.247 million dollars). According to UMOA-Titres,...

Dakar regains control over a key energy asset. In a statement published on April 25, 2026, Senelec announces that it has finalized the acquisition of 100% of the capital of West African Energy (WAE), the company behind the 360 MW Cap des Biches gas power plant project. The operation marks the exit of private partners...

Canadian mining company Montage Gold Corp. announced on April 14, 2026, the acquisition of five gold exploration permits in Mauritania, covering a total area of approximately 2,103 km², following a tender process and due diligence. These assets, located in the north of the country, are in geological areas deemed favorable for gold exploration, particularly along...

Ten years of structuring, more than 2,000 international contracts submitted to its rules and no annulment recourse: this is the assessment of the International Mediation and Arbitration Center of Casablanca (CIMAC), on the occasion of the Casablanca Arbitration Days, held on April 24 and 25. In an international context marked by the increasing complexity of...

Lagos, Nigeria | Nairobi, Kenya – April 23, 2026 – Key infrastructure financiers, fund managers, investors, and industrial players from the continent are gathering in Nairobi today for the Africa We Build Summit, with a clear ambition: mobilize domestic capital and transform Africa’s industrial ambitions into concrete, job-creating results. Organized by the Africa Finance Corporation (AFC), in partnership with the Government of Kenya, this inaugural summit, taking place on April 23 and 24, 2026, is themed “Infrastructure as a Driver of Industrialization.” It brings together decision-makers with a common goal: structuring bankable projects, enhancing regional integration, and accelerating the continent’s…

A major urban project in sight Jean-Christophe Bonnois has been appointed General Manager of the Nouakchott Coastal Development Company, in a strategic context marked by the acceleration of a vast urban development project on the coastal front of the Mauritanian capital. Spanning over 1,000 hectares, this structuring program aims to permanently reshape the face of Nouakchott by reconciling economic development, environmental preservation, and improvement of the living environment. At the heart of this transformation: the enhancement of the coastline through the establishment of modern infrastructure, accessible public spaces, residential areas, and diversified economic activities. The project places particular importance on…

Launched recently by the African Development Bank, NAFA aims to redirect capital and mobilize African savings. But its main challenge remains the crisis of trust between citizens and institutions, fueled by persistent governance weaknesses, analyzes Samuel Mathey. In this interview with Financial Afrik, the economist argues for the emergence of “showcase countries” capable of demonstrating, by example, that another model is possible – based on trust, economic freedom, and institutional credibility. According to him, this is essential to trigger a virtuous circle on a continental scale. You state that Africa’s problem is not so much a lack of resources as…

Lomé, April 20, 2026 – The organizing committee of the Togo Media Foot Festival is pleased to announce the conclusion of a partnership with Société Nouvelle de Boissons (SNB), which officially joins the first edition of the event as a partner. This collaboration marks an important step in the mobilization dynamics initiated around the festival. It also reflects the growing interest already generated by the initiative among leading economic actors, convinced of the media, sports, and social impact of the project. Through this collaboration, Société Nouvelle de Boissons (SNB) aims to associate its image with an event dedicated to promoting…

Gathered around a roundtable discussion on “collaborative regulation in the era of convergence,” regulators, operators, technical partners, and consumer representatives came to a shared conclusion on Monday, April 20 in Lomé: the growth of digital financial services in West Africa cannot continue without much closer cooperation between telecom authorities, central banks, operators, fintech companies, and consumer protection organizations. Convergence Requires New Regulation This roundtable was organized on the sidelines of the 23rd General Assembly of the Association of Telecommunications Regulators of West Africa (ARTAO), which includes the 12 ECOWAS countries, the three from the AES, and Mauritania. At the opening…

GasEntec announced on Tuesday, April 21, the conclusion of contracts with ELTON Logistics & Services, a subsidiary of ELTON Oil Company based in Dakar, for the delivery of a liquefied natural gas regasification unit installed on a jetty, as well as associated onshore equipment, intended for the Dakar LNG terminal. According to the company, this...

At the opening of the 10th edition of the Dakar International Forum on Peace and Security in Africa, on Monday, April 20, 2026, Senegalese President Bassirou Diomaye Faye called for a collective response to the security challenges facing the continent, particularly to transform security crises into a lever for strategic integration and sustainable economic development. Organized in a context of geopolitical reconfiguration marked by the decline of traditional alliances in the Sahel, the weakening of the Economic Community of West African States and the spread of terrorism to the coastal states of the Gulf of Guinea, this edition takes place…

At the heart of Nasdaq in New York, the Regional Stock Exchange (BRVM) held a strategic edition of the BRVM Investment Days on April 21, 2026, bringing together more than 120 investors, decision-makers, and international partners with a clear objective: to strengthen the bridge between global capital and West African markets. Under the theme “Connecting...

SUNU Bank Togo SA is entering a new phase of strengthening its equity. As a member of the placement syndicate, Finance Gestion et Intermédiation (FGI) informs the market of the launch of a capital increase through a cash contribution of a nominal amount of 11,164,032,000 FCFA, through the issuance of 2,480,896 new shares at a...

Tunis, April 21, 2026 – The Tunisian capital is gearing up to become the epicenter of African female economic leadership at the 7th edition of the Commercial Trade Fair and Business Conference of women entrepreneurs from the COMESA region (CTF7) in early July. Organized by the National Chamber of Women Business Leaders (CNFCE) and the COMESA Federation of Women in Business (COMFWB), the event will take place from July 1st to 3rd, 2026 at the UTICA headquarters. Officially launched at a press conference in Tunis on April 2nd, this continental meeting brought together key figures in the ecosystem, including Maureen…

A way out of the crisis is emerging between the Gabonese Energy and Water Company and the Turkish producer Karpowership. According to consistent information, the public operator is preparing to pay approximately 30 billion CFA francs to its provider in the coming days, as a first installment to settle a debt accumulated since the deployment,...

The government of Burkina Faso is reaching a strategic milestone in the mining sector. By decree published on April 16, 2026 in the Official Journal (no. 2026-0287), the State authorizes the acquisition of an additional 25% stake in the Kiaka gold project, for a fixed amount of 70 billion CFA francs, approximately 175 million Australian...

By Darly NGUEMA, financial analyst in the banking sector. The African Development Bank proclaimed, during the April 2026 Consultative Dialogue, its intention to deeply reform Africa’s financial architecture. Behind the stated ambitions and staggering figures lies an endeavor whose relevance cannot overshadow the questions regarding its effective implementation. I. The observation: a dysfunctional financial architecture There are observations that, through repetition, end up losing their heuristic value to become only the obligatory preamble of any discourse on African development. The African Development Bank is no exception when it denounces the structural inadequacy of the global financial system towards the continent’s…

Khuwaylid Capital has reached a milestone that is unprecedented in the sub-region. Based in Dakar, the company announces that it has made its first investments in equity and quasi-equity in accordance with Islamic finance principles, thus laying the groundwork for Islamic investment capital in West Africa. Through its vehicle Khuwaylid Capital Fund 1 SAS, the...

Mewi Capital, Ivorian startup specializing in financial education and wealth management, has obtained the patent from the African Intellectual Property Organization (OAPI) forDrassy, its educational board game for stock market and investment initiation. A major recognition that establishesDrassy as a full-fledged African innovation. A patent that recognizes an innovation born in Ivory Coast It is a milestone that few African educational startups have crossed. Mewi Capital, an Ivorian startup founded by Maeva Gabré Tetegan and Yves Tetegan, has just obtained the OAPI patent for Drassy, officially recognized as the first African educational board game for stock market and investment initiation. This intellectual protection,…