Author: The Editorial Staff

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...

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…