Author: The Editorial Staff

It is a working visit that the International Monetary Fund (IMF) is conducting in Senegal from August 19 to 27 with the aim of reviewing the measures taken to clean up finances, and also discussing a new aid program. Thus, in a fairly tense financial context, the delegated technical mission will continue discussions with the...

ValU, the Egyptian fintech specializing in consumer financing and a subsidiary of EFG Holding, has successfully closed its 17th securitization bond issuance, amounting to 460.7 million Egyptian pounds ($9.4 million USD). This operation marks the first step of a securitization program of 10 billion EGP ($204 million USD) recently approved. Rated Prime 1 (sf), the...

Tunisia’s production of crude oil continues to decline. According to the report from the National Energy and Mines Observatory, production has dropped by 9% in one year, reaching 629 thousand tonnes (kt) by the end of June 2025, compared to 691 kt a year earlier. This significant decrease is reflected in a daily average dropping...

Jaiz Bank Plc, the first Nigerian Islamic bank, announced that it has reached the recapitalization threshold set by the Central Bank of Nigeria (CBN), while unveiling a new strategy to increase its capital to 150 billion naira (197 million USD) in the medium term. This announcement, made on August 19, 2025 in Abuja during the...

13 billion US dollars is the level of revenue that the Congolese government aims to achieve for the 2026 budget year. Gathered at the Kinshasa Financial Center, Deputy Prime Minister in charge of Budget, Adolphe Muzito, and Finance Minister, Doudou Fwamba, held a working session on Tuesday, August 19, 2025 with financial authorities to define...

The Kenyan government has announced optimistic forecasts for 2025, expecting accelerated economic growth in the years to come despite the increase in US tariffs and other challenges. This was stated by President William Ruto on Wednesday, August 20 during a press conference where Kenya and Japan concluded a yen-denominated loan agreement, the details of which...

Woodside Energy Ltd, the Australian oil giant, announced on Tuesday, August 19, a 24% decrease in its underlying net profit after tax for the first half of 2025, to $1.25 billion, in line with market estimates. This decline is mainly due to the drop in oil prices, as well as high depreciation costs related to...

Afrigroup Holding, based in Yaoundé, has obtained approval from the Inter-African Insurance Markets Conference (CIMA) to create two new companies, one dedicated to life insurance and the other to non-life insurance. This is a new field of activity for the group, which is already present in banking, healthcare, food, general trade, and real estate. This...

At the end of December 2024, the Banking Commission of the UMOA supervised a total of 478 entities, including 160 credit institutions, 18 financial companies, 286 large decentralized financial systems (SFD) and 14 electronic money institutions (EME). Thirty-three systemically important banks (SIBs) were included in this landscape. During the year, the supervisory body carried out...

In order to meet its budgetary needs, the State of Ivory Coast, through its Public Treasury, raised on August 19, 2025 on the financial market of the West African Monetary Union (UMOA) an amount of 109.999 billion CFA francs (198 million dollars) through a simultaneous issuance of Treasury Bills (BAT) with a maturity of 364...

Family Bank is looking to raise approximately $46.3 million (6 billion Ksh) through an ongoing private placement for the growth of its business. The Kenyan private bank states that it will use the funding to support the growth of its operations. A private placement involves the sale of shares or securities directly to private investors,...

In Morocco, the National Office of Railways (ONCF) plans to secure a new financing of 202 million euros from the German public development bank KfW. This initiative comes a few months after the World Bank granted a loan of 350 million dollars in June. Both supports are part of the “Close intra-metropolitan service” program, aimed...

A Federal High Court in Abuja has ordered the temporary freezing of the bank assets of Mele Kolo Kyari, former Managing Director of the Nigerian National Petroleum Company (NNPC) Limited, the national oil company. The injunction concerns four accounts opened at Jaiz Bank, including two linked to the Guwori Community Development and the Guwori Community...

The Central Bank of Congo (BCC) announced on Monday, August 18, 2025, that it had sold 50 million US dollars to commercial banks at a rate of 2,776 CDF for 1 USD. This intervention, according to a statement from the BCC, aims to stabilize the national currency in a context marked by strong inflationary pressures...

The military in power in Ouagadougou made this decision on Monday, August 18, 2025, following the publication of a United Nations report pointing to “violations against children” related to the ongoing armed conflict in Burkina Faso. Appointed Resident Coordinator of the United Nations System (UNS) in Burkina in July 2024, Carol Flore-Smereczniak is now declared...

In a decree made public on August 18, 2025, the President of the Republic, Paul Biya, authorizes the Minister of Finance (Minfi), Louis Paul Motaze, to resort to domestic and external borrowing for a total amount of 930 billion CFA francs (1.7 billion USD). According to this document, these funds will be used to finance...

Takaful insurance premiums reached 94.9 million Moroccan dirhams (approximately 8.7 million euros) in 2024, representing a 44.1% increase compared to the previous year, according to the 12th annual report on financial stability. This growth is mainly driven by the life branch, with 80.8 million MAD (7.4 million euros; +38.3%), followed by the fire branch, which...

Ghana is preparing to introduce a regulatory framework dedicated to Islamic finance by the end of 2025, with the ambition of strengthening financial inclusion and attracting new capital. This structuring reform aims to consistently regulate banking, capital markets, and insurance through a robust Sharia governance framework. The Central Bank (BoG), the Securities and Exchange Commission,...

The ninth edition of the Tokyo International Conference on African Development (TICAD 9) opens this Wednesday, August 20, 2025 in Yokohama, Japan. Created in 1993, TICAD is a high-level forum bringing together heads of state, policymakers, experts, and technical partners around sustainable development issues. Organized by the Japanese government in partnership with the African Union,...

From August 13 to 15, 2025, Cape Town hosted the AU-AIP Africa Water Investment Summit, a strategic framework dedicated to financing and cooperation in the water sector. Leading the Ivorian delegation, Minister of Water and Forests, Laurent Tchagba, highlighted the national water strategy, combining economic diplomacy, institutional advocacy, and capital mobilization. The flagship intervention focused...

Nairobi is trying its hand at the liturgy of liability management, frontier market version: redeeming its domestic securities at the end of their life to refinance them with new long-term issues, in the hope of pushing back the deadline. A roll-over play worthy of emerging debt manuals, where toxic short-term debt is replaced by supposedly...

Ethiopia recorded $4 billion in foreign direct investment (FDI) during its fiscal year, marking a slight increase of 2.2% compared to the previous year. This trend is crucial as the country prepares to restructure its $1 billion Eurobond after a payment default. According to the Ethiopian Investment Commission, the $4 billion in FDI received until...

The Central African Securities Exchange (BVMAC) closed its session on August 19, 2025 with apparent stability: the All Share index remained unchanged at 997.30 points. But behind this immobility lies a deeper observation: a market where a single transaction is enough to gauge activity. In practice, the focus was on ten shares of the Société...

By Pr Amath Ndiaye – FASEG-UCAD The liquidity crisis currently shaking Guinean banks acts as a brutal revealer of the fragilities of the national financial system. Due to insufficient deposits, institutions struggle to meet withdrawals, leading to plummeting profitability and a risk of closure for many cash registers, including those of electronic money operators. This new turbulence highlights the chronic vulnerability of the Guinean franc, undermined by inflationary pressures and recurrent banking imbalances. A few hundred kilometers away, the example of Guinea-Bissau illustrates a diametrically opposed choice. In 1997, faced with repeated monetary crises, Bissau decided to join the West…

On July 31, 2025, three Irish entities related to Carlyle filed a lawsuit in New York to obtain $65.2 million. The amount covers unpaid rent, “redelivery” fees, and damages for obstructing the execution of a Senegalese decision. This legal action illustrates a loss of confidence by lessors in the local legal framework, which is supposed...

Swiss Re surpasses Munich Re, China Re joins, Allianz and Axa remain distant The latest ranking of the fifty largest reinsurers published by A.M. Best serves as a reminder of the harsh reality of a sector where Africa remains a spectator. No player from the continent is included in this elite group dominated by Europe,...

The total income of companies listed on the Tunis Stock Exchange (BVMT) increased by 6% in the first half of 2025 compared to the same period in 2024, according to data compiled by the leaders of this Exchange based in Tunis. This total income amounted to 12.8 billion dinars (4.489 billion dollars) compared to 12.1...

By Auguste DAGO, President of StratéNova. Diagnosis of a persistent situation In West Africa, industrial and infrastructure projects abound, but their realization faces a recurring obstacle: access to financing. According to several studies by the African Development Bank, over 70% of industrial projects initiated in the sub-region never reach the financing phase. The continent faces an annual infrastructure investment deficit of around $100 billion, a figure that illustrates the extent of the missed opportunities. This lack of financing has serious consequences: – Chronic delays in industrialization, – Increased dependence on imports, – Missed massive job opportunities for a youth population…

Tokyo, August 19, 2025 – On the sidelines of the ninth Tokyo International Conference on African Development (TICAD-9), the African Trade and Investment Development Insurance (ATIDI), in partnership with Mitsubishi UFJ Financial Group (MUFG) and Nippon Export and Investment Insurance (NEXI), organized a high-level meeting focused on increasing Japanese investments in Africa. Under the theme “Stimulating Japanese private sector investments in Africa”, the event brought together senior government officials, financing institutions, and major Japanese companies to explore concrete strategies for mobilizing sustainable capital to the continent. Discussions highlighted Japan’s growing interest in high value-added African sectors such as infrastructure, energy,…

At the end of June 2025, Cameroon recorded an estimated inflation rate of 4.1% according to data from the National Institute of Statistics (INS). This rate is down 1.6 percentage points on an annual basis. The body responsible for statistics management in Cameroon notes, however, that this rate is still above the 3% tolerance threshold...