Author: The Editorial Staff

The Ivorian cable company (Sicable), a member of the PRYSMIAN Group, the world leader in electrical cables, will pay its shareholders a gross total dividend of 1.022 billion CFA francs (1.840 million dollars) for the 2025 fiscal year, announced the leaders of this company based in Abidjan. This is the result of the proposed resolutions...

France and the Central African Republic are turning a new page. The French Minister for Europe and Foreign Affairs, Jean-Noël Barrot, is making an official visit to Bangui on March 12 and 13, 2026, marking a strong signal of the warming relations between Paris and the Central African Republic. According to a diplomatic source, this...

Bange Sociedad de Valores, the first stock exchange company in Equatorial Guinea, and Harvest Asset Management signed a distribution agreement on March 11, 2026 in Malabo aimed at expanding access to investment solutions in the country. Thanks to this agreement, Equatorial Guinean investors, whether individuals or institutional, will now be able to access the full...

The Soros Economic Development Fund (SEDF) continues its push into financing green innovation in Africa. The impact investment fund of the Open Society Foundations announces a commitment of $7 million to the Africa Climate Venture Builder Fund, a $70 million vehicle dedicated to African climate startups. Created to support investments with high social and economic...

Since the first rains of American-Israeli bombs on Iran on February 28, 2026, the fears of African countries were centered around the increase in the price of Brent oil. On the twelfth day of this joint operation against the Islamic Republic, the price of a barrel of oil was around $92 after soaring to $115...

The Saham group strengthens its exposure to Teleperformance through a derivative financial contract (Equity swap) of 355 million euros, allowing it to track the performance of the stock without becoming a shareholder. At 64 years old, Moulay Hafid Elalamy is back in the spotlight of the kingdom’s economy. After signing the “deal of the century”...

French President Emmanuel Macron wishes to appoint Christophe Lecourtier, the current French ambassador to Morocco, as the head of the French Development Agency (AFD). The announcement was made on Tuesday, March 9 by the Elysée Palace. However, this nomination is subject to the approval of the relevant parliamentary committees and the opinion of the High Authority for Transparency in Public Life. At 63 years old, this former student of the ENA has a career combining diplomacy, economics, and the promotion of French attractiveness. Former CEO of Business France between 2017 and 2022, Christophe Lecourtier previously worked in the ministerial offices…

Mauritania has signed a strategic framework agreement worth one billion dollars with the International Islamic Trade Finance Corporation (ITFC), a subsidiary of the Islamic Development Bank Group, in Jeddah. Concluded for the period 2026-2030, this partnership aims to support the economic and social development of the country. The agreement includes financing for key sectors of...

The National Institute of Biology and Health Surveillance (INBVS) in Pointe-Noire is now fully operational. Opened by President Denis Sassou N’Guesso, this facility built by MBTP, a company of the CODIMEX group, daily confirms the ambitions assigned to it: to modernize the Congolese healthcare system sustainably and make it a reference on the continent. Located in the 1st district of Emery-Patrice-Lumumba, the INBVS now demonstrates its daily utility. With its five interconnected laboratories covering molecular biology, microbiology, biochemistry, immunology, and emergency biology, the facility allows for locally conducting analyses that were previously sent abroad. This advancement significantly reduces diagnostic delays…

The escalation of geopolitical tensions in the Middle East acts as a revealer of vulnerabilities in global financial markets. Rising oil prices, dollar volatility, and disruptions in supply chains are factors that could potentially affect listed companies, including those in markets relatively far from the theater of tension. At the Casablanca Stock Exchange, these developments...

The war in the Middle East, which fuels strong global geopolitical uncertainty and drives up energy prices, currently has only a limited direct impact on African insurers. This is the conclusion of a note published on March 6, 2026 by S&P Global Ratings, which highlights that indirect effects could strengthen if the conflict persists. According...

The insurance group AXA is taking a new step in its development on the African continent with the establishment of a regional organization called AXA Atlantic Africa. This new entity brings together five strategic markets: Morocco, Senegal, Ivory Coast, Cameroon, and Gabon. Analysis. In a context marked by the intensification of global risks – climatic,...

Annabelle Buzingo represents a generation of women leaders who shape development financing with excellence, vision, and determination, and contribute to transforming African risk into sustainable opportunities. Her technical expertise, the rigor of her analysis, her determination to have a lasting impact are essential in the realization of major development projects in Africa. Since January 2019, Annabelle Buzingo has held the position of Senior Underwriter for Political and Credit Risks at ATIDI, the Insurance for Trade and Investment Development in Africa. In this role, she structures, analyzes, and underwrites complex transactions across multiple African markets. Her role is to secure strategic…

Moody’s Ratings, the international rating agency, raised Morocco’s sovereign rating outlook from “stable” to “positive” on Friday, while confirming the Ba1 rating for long-term debt in foreign and local currency. This decision reflects the growing confidence of the markets in the kingdom’s macroeconomic trajectory. In its analysis, Moody’s highlights a gradual improvement in the country’s...

Paris, March 3, 2026 – Jeune Afrique publishes the 27th edition of its exclusive ranking of the 500 largest African companies (excluding the financial sector). This new edition highlights a historic performance: never before had the combined revenue of African champions reached such a level. With $782.8 billion in cumulative revenues, the 2026 Top 500 records a 6.2% increase compared to the previous edition, erasing the decline observed in 2025 (-3.1%) and significantly surpassing the previous record set in 2022 ($759.6 billion). A momentum driven by growth and monetary stabilization This ranking covers the 2024 fiscal years (and up to…

Guinea is taking a new step in steering its development strategy. Gathered in plenary session on March 5, 2026 in Conakry, the National Transition Council (CNT) adopted the 2026-2040 Plan Law and the 2026-2030 Program Law related to the Sustainable and Responsible Socio-Economic Development Program “Simandou 2040”. With this adoption, Guinean authorities provide a legal...

GCR Ratings agency has announced the confirmation of Afreximbank’s international issuer ratings at A for long term and A2 for short term. The agency has also revised the outlook associated with these ratings from “Rating Watch Evolving” to “Stable”. At the same time, GCR Ratings has confirmed the international long-term rating of the bank’s $5...

Nairobi, Kenya—As Africa is poised to become the world’s fastest-growing aviation market, policymakers and industry leaders are focusing on a central challenge: how to translate the increasing demand into sustainable connectivity, competitiveness, and financial viability? This issue was at the heart of discussions at the Airlines, Capital, and Connectivity Forum held on February 25 and 26, 2026 in Nairobi by the African Development Bank Group, in partnership with the African Airlines Association (AFRAA). Despite strong demand fundamentals, the aviation sector in Africa still faces structural constraints, including high capital costs, fragmented regulatory regimes, infrastructure gaps, and limited access to long-term…

A consortium of international financial institutions led by the International Finance Corporation has mobilized $265 million to support private sector financing in the Democratic Republic of Congo, in partnership with the Congolese bank Rawbank. This operation, described as the largest ever concluded by the IFC with a financial institution in the DRC, aims to strengthen...

The flagship international roadshow of the Regional Stock Exchange (BRVM) will bring together American institutional investors and a high-level delegation from West Africa to explore investment opportunities within the regional market of the West African Economic and Monetary Union (UEMOA). The Regional Stock Exchange (BRVM) is organizing a new edition of its international roadshow BRVM Investment Days on April 21, 2026 at the Nasdaq MarketSite in New York, a strategic platform aimed at connecting global capital with high-growth investment opportunities offered by the UEMOA. This New York edition will bring together institutional investors, asset managers, international financial institutions, and economic…

BLS International has announced the strengthening of its cybersecurity measures and AI-driven technological systems to secure visa applications in Mauritania. The group, a partner to many governments for consular and visa services, continues to invest in digital infrastructure to ensure reliable, transparent, and fair access for users. According to the company, its appointment scheduling platforms, document submission, and biometric enrollment systems process a high volume of connections daily, especially during peak demand periods. To support this increased workload, BLS International has deployed a multi-layered technological architecture including advanced application firewalls, OTP verification code systems, appointment validation mechanisms, and enhanced security…

In a global environment still marked by geopolitical and monetary uncertainties, the Banque Centrale Populaire (BCP) Group has had a solid performance in 2025. Without excessive euphoria, but with consistency. The trajectory is clear: organic growth, cost discipline, and revenue diversification. The consolidated net banking income stands at 27 billion dirhams, up 5.4%. This performance...

Casablanca, March 3, 2026 – Founded by Saad Jittou and Mor Niane, the startup Weego announces that it has closed a $1.1 million funding round from Azur Innovation Fund. This round aims to accelerate the deployment of its multimodal transport integration platform in Morocco, both for the general public and businesses, and to initiate its expansion across the continent, in Europe and the Middle East. Meeting the challenges of 2030: the digital transport infrastructure Urban congestion is one of the main economic obstacles in major African metropolises. As the 2030 deadlines approach, the fluidity of urban travel has become a…

The historical telecommunications operator in Morocco is adjusting its presence in the stock market. According to the notice of convocation published for its upcoming Ordinary General Meeting, Morocco Telecom is preparing to launch a new share buyback program. Morocco Telecom will hold an Ordinary General Meeting (AGM) on March 26. Among the items on the agenda are the repeal of the current share buyback program and the authorization given to the CEO to implement a share buyback program to enhance liquidity and establish a liquidity agreement. This operation, both technical and symbolic, reflects the group’s desire to strengthen the management…

Abidjan, February 27, 2026 – The Board of Directors of the African Development Bank Group approved, on February 27, 2026 in Abidjan, an investment of 6.5 million euros in the capital of the Saviu II fund to support early-stage technological startups and first institutional fundraising, mainly in West and Central Francophone Africa. The Bank Group will invest 4.5 million euros in equity as well as two million euros in the form of a first loss coverage tranche on behalf of the European Commission under the Boost Africa Program. This participation by the pan-African institution will enable the Saviu II fund…

BGFIBourse announces the effective closing of the IPO of BGFI Holding Corporation on the Regional Financial Market. This historic operation, which involved the opening of 10% of its share capital, had seen its closing postponed, a sign of the market’s low enthusiasm. In the end, according to the group’s press release published on March 1st,...

The Gross Domestic Product (GDP) of Nigeria grew by 4.07% in real terms in the fourth quarter of 2025, on a year-on-year basis, according to data released on February 27, 2026 by the National Bureau of Statistics (NBS). This growth is driven by a widespread dynamic in the agriculture, industry, and services sectors. It is accelerating compared to the 3.98% recorded in the third quarter and also marks an improvement from the 3.76% in the same quarter of the previous year. For the entire year, the indicators are also positive: annual GDP growth stood at 3.87% in 2025, compared to…

Several capitals reacted, between Saturday, February 28 and Sunday, March 1, to the American-Israeli strikes on Iran and Tehran’s responses. Between Dakar, Pretoria, N’djamena, Abuja, and Rabat, among others, there is concern and sometimes condemnation. The night of Saturday, February 28 marked a turning point in the contemporary history of the Middle East. The United States and Israel launched a joint and coordinated military operation against Iran, targeting nuclear installations, strategic defense systems, and the residential complex of the Supreme Leader of the Islamic Revolution, Ayatollah Ali Khamenei. On Sunday, March 1, Iranian media announced the death of the leader…

The Central Bank of Congo (BCC) and the Bank of Central African States (BEAC) signed a cooperation agreement on February 28, 2026 in Kinshasa aimed at intensifying their technical exchanges and aligning their regulatory practices. According to information from local press, this partnership establishes a framework of cooperation around priority areas for the strength of...

The board of directors of the Cameroonian subsidiary of the Gabonese BGFIBank officially approved, on February 27, 2026, the increase of the bank’s share capital from 20 to 50 billion CFA francs, equivalent to a jump from 36 to 90 million US dollars. The operation comes in the context of regulatory tightening imposed on the entire banking sector of the CEMAC (Economic and Monetary Community of Central Africa). Indeed, the Banking Commission of Central Africa (COBAC), meeting on December 10, 2025 in Libreville, adopted a historic decision: raising the minimum required share capital of all approved banks in the sub-region…