Author: The Editorial Staff

FINACTU confirms its positioning in the strategic segment of public debt management in Africa by winning two new missions funded by the African Development Bank. Following international tenders, the firm will intervene in Comoros and the Central African Republic to strengthen the capacities of the administrations in charge of debt management. In Comoros, the support includes the development of Debt Sustainability Analysis (DSA) and a medium-term management strategy, as well as the structuring of the monitoring of contingent liabilities and arrears. In the Central African Republic, the mission aims for a complete upgrade of the debt management department, including organizational…

During his major interview on May 2, 2026, President Bassirou Diomaye Faye delivered a message of clarity and confidence to international partners and investors: “Senegal is stable, committed, and open for business.” Economically, the head of state reaffirmed that Senegal is not breaking with the IMF, that discussions are ongoing, and a new program is...

Present in the Beninese fintech ecosystem, Hermann Aguessy is part of the generation of entrepreneurs who are contributing to the progressive structuring of digital markets in West Africa. His activities cover several complementary segments: digital payments, software engineering, digitalization of services, as well as digital inclusion, digital education, and connectivity. As the founder of Nautilus Technology and co-founder of FedaPay, he develops solutions for companies, financial institutions, and public entities. This trajectory is part of a regional context marked by the rise of mobile money, the increase in digital transactions, and the states’ desire to accelerate the digitalization of services.…

AFG Holding is opening a new chapter. The pan-African financial group announced, following its Board of Directors meeting held on April 27, 2026 in Abidjan, the appointment of Méhanvais Karim Koné as Chief Executive Officer. He succeeds Sionlé Seydou Yéo, who is retiring after leading a decisive phase of transformation for the group since 2021....

The African hotel sector is reaching a milestone in its structuring. The Africa Hospitality Investors Council (AHIC), affiliated with the Energy & Environment Alliance (EEA), announces the appointment of its president and the establishment of its founding board of directors, embodying a clear intention: to organize a unified voice of investors on the continent. At...

On the occasion of the tenth anniversary of the International Mediation and Arbitration Center of Casablanca (CIMAC), its Secretary General, Hicham Zegrary, in an interview with Financial Afrik, provides a structured assessment of the evolution of alternative dispute resolution methods in Morocco and Africa. Between the consolidation of the legal framework, the rise of Casablanca...

The dividend season continues at the Regional Stock Exchange of Abidjan (BRVM). Following the publications of listed companies, Société Générale Côte d’Ivoire plans to distribute over 81 billion FCFA to its shareholders for the 2025 fiscal year, confirming the continuation of a generous remuneration policy in a constrained environment. According to the results published on...

Yaoundé. The Finance Week 2026 has come to an end. Organized on April 29 and 30, 2026, the event brought together public and private decision-makers. At the opening, Brigitte Krubi, mission officer at the Division of Economic and Financial Affairs of the General Secretariat of the Presidency, delivered the official speech, demonstrating the direct involvement of the state summit in redefining the financing model of the CEMAC. By her side, the figurehead of public finances, Louis Paul Motaze, Minister of Finance of Cameroon, sponsor of the event, whose presence highlights the budgetary and strategic stakes of this sequence. In this…

The global market for green bonds confirms its status as a pillar of transition financing. According to the latest quarterly report from Cbonds, green bond issuances reached $168.39 billion in the first quarter of 2026, a level that reflects the resilience of a now structuring segment, despite an environment marked by rising interest rates and...

Gabon is accelerating the normalization of its macroeconomic trajectory while strengthening its financial partnerships. Following the Spring Meetings of the International Monetary Fund and the World Bank Group, held from April 13 to 17, 2026 in Washington, Gabonese authorities have secured a new financing of $150 million from the World Bank, bringing the institution’s total commitment to $600 million in the country. This additional program, signed on April 16, 2026, targets sectors with high social sensitivity – water, sanitation, and electricity – in a context where pressure on purchasing power and infrastructure remains high. It is part of a logic…

Interview by Mayo Sow, Nouakchott. Ambassador of the European Union in Mauritania since September 2024, Joaquín Tasso Vilallonga spoke with Financial Afrik. The Spanish diplomat believes that one of Mauritania’s main assets lies in its stability. “Mauritania is an exceptional country in the Sahel sub-region, having successfully contained the terrorist threat,” he points out. According to him, it is of strategic interest for Europe that this country, at the crossroads of the Maghreb and West Africa, remains stable, both internally – by consolidating democracy – and externally, by contributing to regional security. On the migration issue, cooperation appears essential, explains…

By Louceni Compaoré, Ouagadougou. The Burkinabe government has officially decided to suspend rice imports throughout the national territory, according to an inter-ministerial communiqué signed in Ouagadougou on April 29, 2026. This measure, jointly taken by the Ministry of Industry, Trade and Handicrafts, the Ministry of Agriculture, Water, Animal and Fishery Resources, as well as the...

A meeting that takes place on the eve of the entry into force, on May 1, 2026, of the duty-free access granted by China to 100% of the tariff lines of 53 African countries. TDB Group and China Development Bank (CDB) convened, on April 30, 2026, at the TDB Tower in Nairobi, the 2026 meeting...

With the launch of its Single Infrastructure Mapping Counter, announced on Thursday, April 2, 2026, Togo is taking a new step in its digital transformation. This platform allows for the identification and visualization of all networks, particularly underground ones, from electricity to telecommunications, on a single map in order to prevent any destruction of existing infrastructure during the implementation of new projects. Beyond the tool, the project illustrates a change in scale in public action: that of a country that structures its data, identifies its operational needs, and mobilizes digital technology as a lever for transformation. Using data for the…

The Holmarcom group reaches a decisive milestone in the Moroccan banking sector. By taking control of BMCI, previously majority-owned by BNP Paribas, the Moroccan conglomerate initiates a major reshaping of the national financial landscape, with a strategic merger with Crédit du Maroc in sight. This is a structuring operation that could deeply reshape the Moroccan...

The 4th edition of Finance Week opens on April 30, 2026 at the Starland Hotel, initiated by the media Eco Matin, led by Émile Fidieck. Under the theme “Private Investment: Building the New Economic Power of CEMAC”, the meeting will bring together for two days the main public and private decision-makers of CEMAC around the issues of financing and economic diversification. Among the expected participants are Louis Banga Ntolo, General Director of the Central African Securities Exchange (BVMAC), Yvon Sana Bangui, Governor of the Central African States Bank (BEAC), Laya Sidibé, General Director of SanlamAllianz Cameroon, Pierre Kammogne, senior executive…

The Mauritanian capital was the scene of a major financial sector event on Tuesday, April 28. The “Great Meeting of Decision-Makers,” organized by Business France for Capital Banking Solutions and EU Technology, took place from 8:30 am at the Fasq hotel in Nouakchott. The event brought together key players in finance and technology to discuss the strategic challenges shaping the future of the banking sector, both in Mauritania and internationally. At the heart of the discussions were digital transformation, modernization of infrastructure, and adaptation to new market requirements. The Central Bank of Mauritania opened the institutional exchanges by highlighting essential…

The Board of Directors of Versus Bank officially announced on Wednesday the appointment of Georges Wilfried Kacou as the new Chief Executive Officer. He will assume his duties on May 1, 2026, replacing Jérôme Ehui, after approval from the regulator, the Banking Commission of the UEMOA, obtained as of March 17, 2026. This appointment marks the beginning of a new strategic phase for the institution, which is controlled in particular by Harvest Capital Holding and IPS-CGRAE. The Board mentions an acceleration of transformation, with a focus on governance, sustainable growth, and the implementation of a new strategic plan in the…

By Jean Van Wetter, CEO of Enabel, and Aziz Boughourbal, CEO of Africa Ocean Group Faced with the magnitude of financing needs and the increasing constraint on public finances, one thing is clear: Africa’s economic emergence can no longer rely primarily on aid. By 2050, the continent will represent nearly a quarter of the world’s population. It will concentrate a growing share of the global workforce as well as massive needs in infrastructure, energy, and consumer goods. According to the African Development Bank, over $130 billion will be needed annually for infrastructure alone. No public actor will be able to…

On Tuesday, April 28, 2026, Abu Dhabi officially announced its withdrawal from OPEC through a statement from the Ministry of Energy released at the end of the day, along with a formal notification sent to the organization’s secretariat. No press conference, no speech by Mohammed bin Zayed Al Nahyan (MBZ), but a technocratic communication. A way to present a political break as a management decision. This choice of form sheds light on the substance. Because behind the sobriety of the gesture, the Emirati decision aggregates several lines of force that deeply reshape the geopolitics of oil. First, the issue of…

During the press conference on April 27, 2026, Afreximbank’s President, George Elombi, confirmed the strength of a growth model based almost exclusively on the core activities of the bank. In 2025, 92% of revenues come from net interest income, while 9% come from commissions from trade financing instruments, including letters of credit and guarantees. No...

During his economic tour from April 23 to 25, 2026 in the region of Kolda, Bassirou Diomaye Faye laid the foundation stone for the future agro-industrial complex of SONACOS in Medina Yoro Foulah, marking a significant step in the restructuring of the groundnut sector. Led by the general management of SONACOS, under the leadership of...

(1 US dollar (USD) ≈ 10.0 to 10.2 Moroccan dirhams (MAD)) The Casablanca Stock Exchange is undergoing a strategic transformation. Broadening the investor base, resurgence of initial public offerings, launch of the futures market… In this interview with Financial Afrik, Majd GUEBBAS, CEO of BMCE Capital Bourse, a subsidiary of BANK OF AFRICA – BMCE Group, believes that these developments outline a market that is deeper, more sophisticated, but still facing the central challenge of its integration into the real economy. The Casablanca Stock Exchange is marked by low depth and concentration of volumes on a few stocks. What concrete…

The security situation in Mali is entering a new critical phase after simultaneous attacks targeting several strategic positions across the country, reviving concerns from regional and international partners about the stability of the Sahel. Coordinated offensives were reported this Saturday morning, April 25, 2026 in key cities, including Bamako, Gao, Sévaré, Kidal, and Kati, marking a significant escalation in a context already marked by persistent security pressure. According to the Malian armed forces headquarters, armed terrorist groups not yet formally identified targeted military installations and sensitive points, including the Bamako-Sénou international airport and the strategic garrison of Kati. Military authorities…

Senegal confirms a dynamic of budgetary consolidation that strengthens the credibility of its macroeconomic framework. According to the quarterly budget execution report published in April 2026 by the Ministry of Finance and Budget of Senegal, the public deficit was reduced to 6.44% of gross domestic product (GDP) in 2025, amounting to 1,387.5 billion CFA francs, a level lower than the annual target of 7.82% set in the amending finance law. This performance reflects a prudent budget management by the authorities, supported by sustained revenue mobilization and controlled execution of public expenditures. For financial actors and development partners, this evolution represents…

Through a public-private partnership (PPP), the Togolese Republic entrusted the company Envol Immobilier, led by businessman Madani Maki Tall, with the construction of the new University of Kara (UK). The project was fully financed by Coris Bank International Togo. The infrastructure was inaugurated this morning by the President of the Council, Faure Essozimna Gnassingbé, three years to the day after the laying of the first stone, in accordance with the initial schedule – a performance that illustrates both the professionalism of the contractor and the efficiency of the financial partner. This new, modern and structuring university complex marks an important…

At the end of a simultaneous issuance of Treasury Assimilable Bonds (OAT) with maturities of 3 and 5 years, organized on April 23, 2026 at the West African Monetary Union (UMOA) financial market, the State of Niger, through its Public Treasury, obtained an amount of 29.582 billion CFA francs (53.247 million dollars). According to UMOA-Titres,...

Dakar regains control over a key energy asset. In a statement published on April 25, 2026, Senelec announces that it has finalized the acquisition of 100% of the capital of West African Energy (WAE), the company behind the 360 MW Cap des Biches gas power plant project. The operation marks the exit of private partners...

Canadian mining company Montage Gold Corp. announced on April 14, 2026, the acquisition of five gold exploration permits in Mauritania, covering a total area of approximately 2,103 km², following a tender process and due diligence. These assets, located in the north of the country, are in geological areas deemed favorable for gold exploration, particularly along...

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...