Author: The Editorial Staff

September 30, 2025 marks a historic milestone for the West African Economic and Monetary Union (UEMOA). On this date, the Central Bank of West African States (BCEAO) officially launched the Instant Payment – Interoperable Payment System (PI-SPI), designed to transform financial transactions in the eight union countries. The list of first authorized participants reveals strong...

N’Djamena – September 30, 2025. The President of the Republic of Chad, Mahamat Idriss Déby Itno, awarded Ali Chimmari, CEO of the Emirati company Global South Utilities (GSU), the Order of “First Class National Knight” during an official ceremony held in the capital N’Djamena. This distinction recognizes the major success achieved with the solar project “Noor Chad,” completed in record time. Inaugurated on September 27th, the power plant was built in just eight months, despite environmental and logistical challenges. It is the largest energy project ever undertaken in the history of Chad, with a production capacity of 50 megawatts and…

The Africa50 group has made its choice: Sérgio Pimenta, former Vice President for Africa at the IFC, officially takes over the executive leadership of the Infrastructure Acceleration Fund (IAF). The sudden departure of Vincent Le Guennou, the architect of the initial growth of the fund, had left a void. To manage the interim period, Africa50...

By Rodrigue Fénelon Massala, special envoy to New York On the sidelines of the 80th session of the United Nations General Assembly (UNGA), the Zindi platform, in partnership with Dalberg Data Insights, the International Center for AI Research and Ethics (ICAIRE), and the Kenyan presidency, released its 2025 report on youth employability in Kenya. The results reveal the decisive impact of data science and artificial intelligence (AI) challenges on access to employment, confirming the emergence of new professional dynamics in the digital age. During the high-level parallel event titled “Empowering Nations for Inclusive Prosperity in the AI Era”, Zindi presented…

By Rodrigue Fénelon Massala, special envoy to New York On the sidelines of the 80th session of the United Nations General Assembly (UNGA), the Zindi platform, in partnership with Dalberg Data Insights, the International Center for AI Research and Ethics (ICAIRE), and the Kenyan presidency, released its 2025 report on youth employability in Kenya. The results reveal the decisive impact of data science and artificial intelligence (AI) challenges on access to employment, confirming the emergence of new professional dynamics in the digital age. During the high-level side event titled “Empowering Nations to Ensure Inclusive Prosperity in the AI Era”, Zindi…

Senegal is currently implementing 214 development projects with a total amount of nearly 12,000 billion CFA francs (approximately 19.2 billion USD), announced Amadou Bao, director of project and program performance monitoring and evaluation at the Ministry of Economy, Planning and Cooperation in Dakar on September 25, 2025. These projects involve 32 state implementing agencies and...

Metal markets remain mixed: gold hits records, zinc and aluminum rise, copper stabilizes, while lithium corrects. In Africa, states assert their mining sovereignty through nationalizations and new regulations, while major projects (Simandou, Loulo-Gounkoto, cross-border zones) generate as much hope as tension. Gold hits $3,640/ounce The yellow metal is trading around $3,640/ounce, close to its highest...

Rabat regains its “Investment Grade” status, lost in 2021 due to the repercussions of the health crisis. The American rating agency Standard & Poor’s announced, following its mission to Morocco in September 2025, the upward revision of the Kingdom’s sovereign rating. The country thus regains its “Investment Grade” status, lost in 2021 due to the...

Morocco reaches a new milestone in the consolidation of its railway network on September 24, 2025 with the launch by His Majesty King Mohammed VI of an investment program of 20 billion dirhams (2 billion dollars), financed to the tune of 70% by the National Office of Railways (ONCF) and 30% by the Region. This...

Burkina Faso, under the presidency of Captain Ibrahim Traoré, is conducting a large-scale market test with a bond issuance of 120 billion CFA francs, divided into three tranches. Structured by a national consortium – SBIF, Coris Bourse, SA2IF, and Image Finances Internationales – and placed by a wide syndicate of regional SGI, the operation offers...

The appetite of private equity and venture capital in Africa remains strong, with a series of investments in industry, fintech, healthcare, agri-food, and digital infrastructure. From Dakar to Cairo, from Casablanca to Kampala, funds are multiplying their investments, signing emblematic exits, and continuing their fundraising efforts, consolidating Africa as a growth and innovation hub. EBRD...

Abidjan, September 18, 2025 – The PEPT Fund launches the second phase of the securitization operation called the Common Fund for Securitization of Electricity For All Claims (“FCTC EPT 2025-2040”) in the amount of 60 billion FCFA. This new issuance follows the success of the first transaction, conducted from October 30 to November 20, 2023, in an amount equivalent to 60 billion FCFA. This securitization operation allows the PEPT Fund to raise medium and long-term resources from investors in the regional financial market, enabling the acceleration of the program to connect the most disadvantaged households to the national electricity grid.…

Tripoli, September 23, 2025 – The Islamic Society for Investment and Export Credit Insurance (SIACE), a member of the Islamic Development Bank (IDB) Group, announced the signing of a facultative reinsurance agreement with Takaful Libya on the sidelines of the IDB Group Day. The agreement aims to enhance Takaful Libya’s capacity to underwrite Sharia-compliant export...

September 24, 2025 – Thunderbolt in the world of digital assets. According to consistent information, Tether Holdings SA, issuer of the world’s most used stablecoin, is in discussions to raise between $15 and $20 billion of new capital in exchange for approximately 3% of its equity. The operation would propel the group’s valuation to nearly...

President Emmanuel Macron announced on September 22, 2025 in New York the official recognition of the State of Palestine by France during his speech at the 80th United Nations General Assembly. “I declare that France recognizes today the State of Palestine,” he said, adding that this decision “does not take away anything from the rights...

The president of the National Assembly, Vital Kamerhe, announced his resignation on Monday, September 22, 2025 at the Palais du Peuple, during a meeting of the conference of presidents. This decision, confirmed after several days of internal tensions, marks a turning point in Congolese politics. It comes following a petition initiated by a group of...

By George Pavel, General Manager Middle East, Naga.com. Saudi Arabia continues to attract strong investor demand in its debt markets, driven by an increasing diversification of issuers – whether it be the government, state-owned enterprises, or banks – using sukuk and bonds for their financing needs. The momentum is visible across the board. In September, the Kingdom kicked off with a sovereign issuance of Ijara sukuk in two tranches totaling $5.5 billion, which attracted nearly $19 billion in orders. The PIF (Public Investment Fund) then placed a $2 billion 10-year bond, oversubscribed four times, while Aramco raised $3 billion through…

Moka, Mauritius – September 22, 2025. Following the departure of Ilyes Hassib, revealed exclusively by Financial Afrik, SanlamAllianz Re officially announces the appointment of Tobias Suek as Chief Executive Officer effective October 15, 2025, subject to regulatory approval. With over 18 years of experience in insurance and reinsurance, Tobias Suek brings a rare international profile,...

Randburg/Paris, September 22, 2025 – It is now official: Canal+ has completed its mandatory public offer on MultiChoice Group Limited, acquiring the leading pay-TV operator in Africa. The transaction, which became unconditional on September 22, represents the largest deal in the history of the French group, solidifying its position as a global champion in media...

Abidjan, September 22, 2025 – The PORTEO Group announces the appointment of Mr. Papa Amadou Sarr as Chief Executive Officer, effective October 1, 2025. This appointment comes at a pivotal moment for PORTEO, which is consolidating its role as a key player in the economic and social development of the African continent. It illustrates the...

On September 12, at the head of the conglomerate AHQ Group, Sheikh Abdulmalik Tariq Al-Qahtani concluded his African tour in Ghana where he was received by President John Mahama Drama. The Saudi prince, dressed in white at the center of the photo, was surrounded by the Chief of Staff of the Ghanaian government, his advisor Kevin Thaudière, Dr Ernest Ofori Sarpong, CEO of Special Group and signatory of an MOU with AHQ Group last July in Dammam, Richard Gyan-Mensah, Ghanaian Deputy Minister of Energy, Yacoub Sidya, CEO of MSS Security and advisor to AHQ on mining issues, as well as…

The first half of 2025 marks a stark contrast between Arab Tunisian Bank (ATB) and its Tunisian competitors. ATB, created in 1982 from the integration of the Tunisian branch of Arab Bank and local capital, posted a profit of only 2.567 million dinars (898,450 dollars), a decrease of 79.31% compared to the 12.409 million (4.343...

Mali tapped into the regional financial market on September 17, 2025, raising 27.499 billion CFA francs (49.5 million dollars) through a mixed issuance of 3, 5, and 7-year BAT and OAT. The demand, respectable, peaked at 35.5 billion CFA francs, representing a coverage rate of 141.93%. This may flatter the Malian Treasury services, but it...

The Financial Market Supervisory Commission of Central Africa (COSUMAF) approved, on July 24, 2025 in Libreville, the appointment of Franky Bunang as Deputy General Manager of Harvest Asset Management. This decision, formalized after the Board of Directors meeting held on May 26, 2025 in Dubai, marks a strategic step in the consolidation of the governance of the asset management company. Present in the market since 2017, Harvest Asset Management has established itself as a growing player in the regional collective management industry. The arrival of Franky Bunang in this management position reflects the company’s willingness to support its expansion and…

The African Development Bank Group (AfDB) will hold the fourth technical meeting of the 17th replenishment of the African Development Fund (ADF) from October 7 to 9, 2025 in Lusaka, Zambia. This cycle precedes the final session of contribution pledges expected in December 2025. Established in 1972, the ADF is the concessional window of the...

Who are these dissident shareholders who wanted to block the operation? The Commercial Court of Libreville has made a landmark decision in the history of the BGFI group. Seized by a coalition of shareholders led by SOGAFRIC Holding and supported by several influential figures in the Gabonese and international scene, the jurisdiction rejected, on September...

The Ivorian government officially launches this Friday, September 19, 2025, at the Abobo sports complex, the Development of Women’s Economic Initiatives and Capacities for their Empowerment (DICEFA) program. Under the theme “From commitment to action: investing in women for a prosperous Ivory Coast”, this initiative illustrates the government’s determination and the personal commitment of the President of the Republic, His Excellency Mr. Alassane OUATTARA, to make women’s empowerment a key lever for the sustainable and inclusive development of the country. Based on the recommendations of the National Women’s Conference of Ivory Coast (ANAFCI), the DICEFA program is led by the…

The ministerial reshuffle of September 18, 2025 saw the arrival of Codioro Moussa N’Guenore at the helm of the Ministry of Finance, replacing Sidi Ahmed Ould Bouh, who is now the Minister of Agriculture and Food Sovereignty. A Doctor of State in Economics and Management Sciences (Hassan II University of Casablanca, 2006) and a chartered...

Burkina Faso, a major player in the gold sector in West Africa, currently has 22 valid industrial exploitation permits, including 13 fully operational industrial mines that produced 53,375 tons of gold in 2024, announced Doulaye Sanou, Secretary General of the Ministry of Energy, Mines and Quarries, on Tuesday, September 16 in Ouagadougou. In addition to...

Nouakchott – During the last Council of Ministers on Wednesday, September 17, 2025, it was decided that the Agency for the Promotion of Investments in Mauritania (APIM) will no longer be under the Ministry of Economy and Finance but now under the Prime Minister’s Office. Created less than four years ago, the APIM had so...