- Kenya: Nedbank acquires 66% of NCBA Group for USD 794 million
- CEMAC: BEAC’s rate cut triggers rush of banks towards refinancing
- South Africa: World Bank approves $1.5 billion loan for infrastructure
- Access Holdings reduces its stake in Access Bank Ghana to 85.96%
- Gabon: Omega Consortium negotiates the buyback of SEEG’s $247 million debt
- Bridge Bank CI: early closure of the 67.5 billion FCFA fundraising operation for an IPO
- CEMAC: FOGADAC aims to secure the banking system with nearly 2 billion USD by 2036
- ECOWAS confirms the launch of its single currency ECO for 2027
Author: The Editorial Staff
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,…
Genesis Capital announced on Thursday, April 16, the closing of the green bond issue of Poro Power 1 S.A., for an amount of 42.65 billion CFA francs, equivalent to 65 million euros, on the UMOA financial market. According to the investment bank, this is the first green bond issue in the energy sector in this area. The operation, structured as a green-labeled “project bond,” was fully subscribed by regional investors. Poro Power 1 S.A. is a project led by Ivorian entrepreneurs Jean Marc Aïé Yapi and Livane Bouedy, with the support of Côte d’Ivoire Solar I GmbH, who contributed equity…
The Ivorian government approved, during the Council of Ministers on April 15, 2026, the creation of the Strategic Sovereign Fund for Development (FSD-CI). This new instrument aims to valorize the state’s assets and better structure the financing of infrastructure projects and investments deemed essential to the country’s economic transformation. The FSD-CI is part of the continuity of reforms initiated since 2012 to strengthen public financing capacities. It complements a system including notably the Caisse des Dépôts et Consignations, the SME Guarantee Fund, and reformed pension funds, in order to build a stronger and coordinated public financial pole. The fund is…
Lomé, April 15, 2026 – The Togo Media Foot Festival and Coris Bank International Togo have officially signed a partnership agreement for the first edition of the festival, marking the beginning of a strategic collaboration focused on innovation, proximity, and the promotion of media actors through sports. Through this partnership, Coris Bank International Togo has chosen to support the Togo Media Foot Festival by highlighting Coris Money, its electronic payment solution designed to meet the needs of simple, fast, accessible, and current financial transactions. This collaboration reinforces the festival’s ambition to rely on major partners to offer an event with…
Guinean Minister of Planning, Development, and International Cooperation, Ismaël Nabé, has been appointed President of the Board of Governors of the ECOWAS Investment and Development Bank (BIDC), following the 24th annual general meeting held on April 8, 2026 in Accra, Ghana. He succeeds Ghanaian Minister of Finance, Cassiel Ato Baah Forson, in a context marked by persistent economic and financial tensions at the regional level. With a background in telecommunications engineering, Ismaël Nabé has emerged as one of the architects of Guinea’s recent economic strategy since his appointment in March 2024. He has notably led the “Simandou 2040” program, a…
By offering free and unlimited transfers – including instant ones – Saham Bank is not only launching a new commercial offer. It is making a strategic break with one of the last taboos of the Moroccan banking system: monetizing transactional flow. The new tariff grid introduced by Saham Bank, with packages starting at 35 dirhams...
Thanks to the momentum generated by GITEX Africa 2026, Morocco Fintech Center and Bank of Africa have formalized a strategic partnership that goes beyond the simple institutional framework. Behind this alliance lies a more ambitious attempt: to structure, accelerate, and above all industrialize the Moroccan fintech ecosystem. Signed in Marrakech on the sidelines of Gitex...
Ecobank Transnational Incorporated recorded a net profit of around 836 million dollars in 2025 (nearly 1,210 billion nairas), in a context of revenue growth but also degradation of certain risk indicators in key markets, notably Nigeria. The growth of the consolidated result is based on an increase in interest income and non-interest income. Non-interest income...
The Moroccan group OCP engaged in a series of calls with international institutional investors on Tuesday, April 14 to carry out Africa’s first corporate hybrid bond issuance in dollars. BNP Paribas, Citi, and J.P. Morgan have been appointed as bookrunners. The operation will involve perpetual subordinated bonds with floating coupons, issued in one or two...
The day after the announcement of the major trends by the Autonomous National Electoral Commission (CENA), Romuald Wadagni delivered his first statement as elected president on Tuesday, April 14, marked by a tone that was both measured and unifying. Describing himself as “humble” in the face of the election results, the future successor of Patrice Talon praised the commitment of voters, both in Benin and in the diaspora, as well as the role of the electoral institutions whose professionalism he commended. He also acknowledged the gesture of his opponent, Paul Hounkpe, who congratulated him even before the official announcement of…
Senegal is accelerating its economic transformation by placing the private sector at the heart of its structural transformation strategy. Gathered on Monday, April 13, 2026 during a sharing workshop with the Collective of Economic Journalists of Senegal (COJES), officials from the Ministry of Economy, Planning and Cooperation detailed the ambitions of the National Strategy for Private Sector Development and Investment Promotion (SNDSPI 2025-2029), designed as a key instrument of the national transformation agenda. A strategy to rebalance wealth creation Designed to strengthen the competitiveness of territories and attract investments, the SNDSPI aims to develop a productive and sustainable entrepreneurial fabric…
Marrakech, April 13, 2026. At GITEX Africa 2026, Wave did not just show up; the company established itself on one of the most strategic technological stages on the continent, with a clear vision, a strong voice, and a bold ambition in shaping the African digital future. As a sponsor of GITEX Africa 2026, Wave seized this edition to strengthen its position among the players shaping the next phase of technological development on the continent. Through high-level speeches, strong engagement with the ecosystem, and concrete support for entrepreneurship, Wave conveyed a consistent message: the digital transformation of Africa will only make…
The re-election of President Ismaïl Omar Guelleh at the helm of Djibouti with 97.81% of the vote marks a new phase of political continuity in one of the most sensitive geopolitical spaces in Africa. This sixth term, confirmed after the presidential election on April 10, 2026, comes at a time of increasing influence rivalries and intensifying issues related to securing international trade routes in the region. With an official participation rate of 80.33%, the election took place in a generally calm atmosphere, acknowledged by both the opposition and regional institutional partners, including the African Union. This political stability sends a…
The Luxembourg–DRC Chamber of Commerce is accelerating its structuring. In March 2026, it made two moves that clarify its roadmap: the appointment of seven ambassadors on March 13, followed by the appointment, on the 30th, of Carlos Komlanvi Ketohou, a Togolese national, as a special advisor in charge of communication strategy and development. Two close decisions, one logic: expanding its network, strengthening its visibility, and asserting its position in the Europe–Africa economic corridor. Created to facilitate exchanges between Luxembourg and the Democratic Republic of the Congo, the Chamber aims to position itself as an interface between companies, investors, public institutions,…
Okoumé Capital S.A. announced that it has obtained approval from the Central African Financial Market Supervisory Commission (COSUMAF) as a Management Company for Private Equity Funds. According to a statement from the company, this authorization was granted under reference COSUMAF-SGO-01/2026 dated March 10, 2026. The company also specifies that its managing director, Fabrice Ulric Assoumou Essono, and its deputy managing director, Nadia Prisca Ngoyo Moussavou, have been approved as leaders of the structure. For Okoumé Capital, this regulatory decision marks a significant milestone in its development. The company sees it as recognition of the structuring work undertaken, a strengthening of…
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