Author: The Editorial Staff

Abidjan, September 17, 2025 – Barely settled in his seat as President of the African Development Bank Group, Sidi Ould Tah wasted no time in honoring one of his decisive supporters. This Wednesday, the former head of BADEA paid a courtesy visit to the Ivorian President, Alassane Ouattara, to whom he partly owes his election...

The Nigerian Stock Exchange (NGX) experienced a slight decline on Tuesday, September 16, with a decrease in market capitalization of 79 billion Naira (≈ 50 million dollars) due to underperformance of 27 listed stocks. At the close of trading, the market capitalization of listed stocks stood at 89.555 trillion Naira (≈ 56.7 billion dollars), down...

The fourth edition of the Intra-African Trade Fair (IATF2025) ended on September 10, 2025, with historic success, according to organizers. They reported 112,000 physical and virtual visitors from 132 countries, 2,148 exhibitors, and 958 buyers, generating a record amount of $48.3 billion in trade and investment agreements. “Thanks to dynamic exchanges and partnerships, IATF2025 exceeded...

About fifty journalists from the eight member states of the West African Economic and Monetary Union (UEMOA) are participating in a training session on policies, governance, economic indicators, and projects of the union in Cotonou, Benin, since Monday, September 15. This follows a previous session held in 2023 in Saly, Senegal, on economic trends. During...

The South African automotive sector, a flagship industry of the continent and contributing nearly 5% of the national GDP, is going through a rough patch. Faced with declining production, factory closures, and the rise of imports, Pretoria is now turning to China to revitalize a faltering industry. On September 10, 2025, in front of Parliament,...

Ivorian fintech Djamo achieves a historic milestone by becoming the first start-up in the UEMOA region to obtain a microfinance license issued by the Central Bank of West African States (BCEAO). The announcement was made by Hassan Bourgi, co-founder and CEO of Djamo, on September 11, 2025, during an event held in Abidjan. As a...

Tunisia continues to attract foreign investors in the automotive sector, a pillar of its manufacturing industry. The Chinese company Jetty Automotive Technology has indeed inaugurated, on September 8, 2025, a factory for manufacturing automotive cables in the industrial zone of Borj Cedria, in Ben Arous, south of the capital Tunis. Located on a 4,600 m²...

The World Bank approved an additional concessional financing of €57.5 million in July 2025 to support the Program for Employment, Economic Transformation, and Recovery (ETER) in Senegal. The announcement was made on Thursday, September 11 by Keiko Miwa, Division Director for Cabo Verde, The Gambia, Guinea-Bissau, Mauritania, and Senegal, during a workshop presenting the new strategy of the Agency for the Development and Supervision of Small and Medium Enterprises (ADEPME) in Dakar. This funding strengthens the Acceleration Program for Competitiveness and Employment (PACE), a flagship initiative of the government aimed at unlocking the potential of the private sector, creating jobs,…

The second African Climate Summit (ACS2) concluded on September 10, 2025, with significant financial announcements and a clear intention: to make Africa a major player in the fight against climate change. With $150 billion in commitments and the launch of structuring initiatives, the continent now aims to be a leading force in proposing solutions on...

Geneva, September 12, 2025 – Afriland First Group SA has released a statement in response to information circulating on social media claiming that the General Directorate of Taxes (DGI) had sealed the headquarters of Afriland First Bank CD. The group wishes to clarify that since its creation in 2005 until July 2, 2021, the Congolese bank has never been subject to administrative closure or any such measures by tax authorities or any other institution. According to Afriland First Group, the current situation stems from the decision made on July 2, 2021, when the Congolese government, supported by the Central Bank…

In Nigeria, road projects costing less than 20 billion naira (approximately 13.2 million USD), financed by the Nigerian National Petroleum Company Limited (NNPC Ltd), will now be exclusively awarded to local companies. The announcement was made by the Ministry of Works, which explains that this measure aims to strengthen the capacities of Nigerian companies, create...

The World Bank, in partnership with the Population Council and the Center for Global Development, organized a national dissemination forum of the report “Pathways to Prosperity for Adolescent Girls in Africa” in Dakar on Wednesday, September 10. This event, focused on Africa and Senegal, brought together policymakers, experts, international organizations, and civil society actors with...

Jubilee Holdings Plc, a Nairobi-based financial services group, has finalized the sale of all its directly and indirectly held shares in its general insurance subsidiaries to SanlamAllianz, the joint venture formed by Sanlam and Allianz. The announcement was made by the company as it exits the property and casualty insurance market in Kenya, Uganda, Tanzania,...

S&P Global Ratings downgraded Botswana’s long-term sovereign rating from ‘BBB+’ to ‘BBB’ on September 12, 2025, with a negative outlook. The short-term rating ‘A-2’ is affirmed. The Bank of Botswana (BoB) is downgraded by the same magnitude, as analysts consider the central bank inseparable from the state. The transfer and convertibility (T&C) risk assessment is...

From October 1, 2025, the Burkinabe public administration will no longer accept checks as a means of payment. A circular dated September 9 from the Ministry of Economy and Finance puts an end to their use, including certified checks, due to repeated payment incidents and additional costs that burden public treasury. Only cash, mobile money,...

The South African energy regulator (National Energy Regulator of South Africa (Nersa)) has apologized for a miscalculation of electricity tariffs amounting to 54 billion rand (3.1 billion dollars), which will be passed on to consumers. This error, identified by Eskom, the state-owned electricity company, was caused by a “data entry problem”. As a result, electricity...

The Casablanca Stock Exchange closed the session on September 10, 2025 in the red. The downward trend of the main indices reflects an atmosphere of uncertainty that raises concerns among investors about the strength of the economy and the resilience of the various listed sectors. The MASI 20, which includes the 20 most liquid stocks,...

The ARISE galaxy is expanding. Pan-African developer ARISE Integrated Industrial Platforms (ARISE IIP) has just announced the entry of Saudi company Vision Invest into its capital for an amount of $700 million. The operation, one of the largest private transactions in African infrastructure in recent years, marks Vision Invest’s first investment on the continent. It...

Sanlam Allianz Africa Pty Ltd announced on September 9, 2025, a decisive step in implementing the commitments made to the Competition Council of Morocco. The company has agreed to sell part of its distribution network to Wafa Assurance to address concerns related to the concentration of commercial capacities in certain localities. Specifically, the agreement between...

Unlocking the economic potential of the continent 📍 Bamako, Republic of Mali – December 2-4, 2025 The Islamic Centre for Development of Trade (ICDT), the operational arm of the Organisation of Islamic Cooperation (OIC) dedicated to promoting trade and investment, in partnership with the Islamic Development Bank (IDB) and the Republic of Mali, is organizing the first edition of the OIC Investment Forum in Africa. This significant event will bring together ministers, investment promotion agency leaders, private investors, and representatives of international institutions, with a clear objective: to transform African potential into concrete opportunities. Africa, a market of the future…

The French startup Nucleon Security, specializing in intelligent and automated cybersecurity solutions, has announced a funding round of €3 million in late seed stage. This operation aims to industrialize its technological building blocks of agent-based artificial intelligence and strengthen its commercial expansion, particularly in Europe and Africa. Context: a tense market According to Cybersecurity Ventures, the total cost of cyberattacks could reach $10.5 trillion by 2025. At the same time, the World Bank estimates a global shortage of nearly 4 million cybersecurity professionals. In this context, Nucleon Security’s value proposition stands out with a proactive and automated approach, already adopted…

Conakry, September 8, 2025 – PayCard, a major player in fintech in Guinea, announces the official launch of its international money transfer service, in partnership with THUNES, a global leader in cross-border payments. With this new feature, PayCard account holders can now send money to over 60 countries in Africa, Europe, America, Asia, and the Middle East, directly from the PayCard application, to an electronic wallet or a bank account. An innovation serving individuals and businesses Available 24/7 through the “Transfer” tab of the PayCard application, this service guarantees: – Transparent and competitive fees – Fast processing times – Optimal…

The trade deficit of Morocco widened by 18.4% in the first half of 2025 to 161.9 billion dirhams (18 billion dollars) compared to the same period a year earlier, according to data from Bank Al-Maghrib (BAM), the Moroccan Central Bank based in Rabat. “This evolution is the result of an 8.9% increase in imports to...

Both companies will expand access to diversified portfolios, focusing on retirement and wealth management channels. Baltimore (Maryland) and New York (NY), September 4, 2025 – Goldman Sachs and T. Rowe Price today announce a strategic collaboration to offer a range of solutions integrating public and private markets, specially designed to meet the needs of investors...

With the appointment of Sylvain Olivier IBRAIMA as a partner, Deloitte Francophone Africa continues its expansion in the strategic markets of Benin, Togo, and Niger. This strengthening is part of the firm’s strategy to consolidate its position as a leader in advisory services in the region. Having arrived in Benin two years ago, this seasoned expert boasts over fifteen years of experience in several African countries, including Senegal, Burkina Faso, Gabon, and Ivory Coast. A recognized advisor to governments, international institutions, and large companies, he has built a reputation as a pragmatic and committed strategist. A graduate of IAE Paris…

Libreville, September 8, 2025 – The Council of Ministers, chaired by Brice Clotaire Oligui Nguema, has outlined the main points of the 2026 budget bill, set at 7,233.3 billion CFA francs and based on the zero-based budgeting method. This budget aims for a growth of 7.9% thanks to a record investment effort of 3,321.5 billion...

The yellow metal continues its dizzying ascent, reaching a new peak at over $3,650 per ounce, representing a gain of nearly 9% in just two weeks. This meteoric rise reflects the nervousness of the markets in the face of military tensions and the specter of a trade war that, in the darkest scenarios, could lead...

The rejection of the Prime Minister reflects the budget impasse. Credit rating agencies and markets are now scrutinizing France’s ability to restore its financial credibility. François Bayrou became on Monday the first head of government of the Fifth Republic to be overthrown by a vote of confidence. But beyond the political symbolism – 364 votes...

Dakar, September 7, 2025 – President Bassirou Diomaye Faye, on the proposal of Prime Minister Ousmane Sonko, carried out a major ministerial reshuffle on Saturday evening marked by the departure of General Jean-Baptiste Tine from the Interior and Ousmane Diagne from Justice. These strategic portfolios are respectively entrusted to Mouhamadou Bamba Cissé and Yacine Fall,...

The group Attijariwafa bank, under the leadership of its CEO Mohamed El-Kettani, announced a significant change in its organizational chart with the promotion of Rachid Kettani to the position of Deputy CEO, in charge of the Retail Banking Division. This decision reflects the bank’s desire to strengthen its management and support its development strategy in...