Author: The Editorial Staff

At the end of an auction of Treasury assimilable bills (BAT) with maturities of 91 and 364 days, as well as Treasury assimilable bonds (OAT) with maturities of 3 and 5 years, organized on Friday, July 17, 2026 on the financial market of the West African Economic and Monetary Union (WAEMU), the Public Treasury of...

Dakar, July 15, 2026 – New movement at the helm of major Senegalese state-owned enterprises. By presidential decree signed on July 15, 2026, the President of the Republic appointed Doune Pathé Mbengue, a civil administrator, as the Managing Director of the National Autonomous Port of Dakar (PAD). He succeeds Waly Diouf Bodiang, a tax and...

The World Bank is strengthening its commitment to the economic transformation of Senegal with the approval of an additional $140 million in funding to improve road infrastructure in the main agricultural production basins in the north and center of the country. Granted by the International Development Association (IDA) and complemented by a $2 million contribution from the Senegalese government, this new funding brings the total financing of the Agricultural Production Connectivity Project (PCZA) to $470.8 million, one of the key programs for modernizing rural infrastructure. The objective is to open up agricultural areas, facilitate access to markets, and strengthen agri-food…

On July 15 and 16, 2026, N’Djamena hosted the first African Water Forum, co-organized by the Republic of Chad and the World Bank Group. Under the theme “From vision to action,” this meeting brought together several African heads of state, international financial institutions, transboundary river basin organizations, and representatives from the private sector, all sharing the same observation: Africa is rich in water, but hundreds of millions of Africans still do not have safe and sustainable access to it. Beyond this widely shared diagnosis, it was mainly the solutions put forward by the various participants that structured the opening ceremony.…

For his first participation in a major continental event since his inauguration on May 24th, Beninese President Romuald Wadagni took part, on Tuesday, July 15th in N’Djamena, in the opening ceremony of the African Water Forum, alongside several African heads of state, including Mahamat Idriss Déby Itno (Chad), Félix Tshisekedi (Democratic Republic of Congo), Brice Clotaire Oligui Nguema (Gabon), and Mohamed Ould Cheikh El Ghazouani (Mauritania). This first appearance on the continental stage comes within the framework of a forum jointly organized by the Chadian government and the World Bank Group around the theme “From vision to action”, focusing on…

The African Water Forum, organized by the Chadian government and the World Bank, was the scene of a major political announcement that went beyond just water issues. At the official opening of the Forum, Chadian President Mahamat Idriss Déby Itno announced the abolition of entry visas for all African nationals starting from January 1, 2027, making this continental meeting a platform for a strong commitment to African integration. In front of several African heads of state, representatives of international institutions, and delegations from across the continent, the head of state first recalled the historical vocation of his country. “We are,…

Cameroon, Côte d’Ivoire, Ghana, and Nigeria have officially launched the Cocoa Value Addition Alliance in Abuja, an initiative aimed at strengthening local cocoa processing and coordinating their positions on international markets. The four countries, gathered at the “From Bean to Brand” summit, formalize this cooperation by signing the Abuja Declaration. According to the organizers, the alliance is intended to allow the main African producers to better harmonize their policies, define common standards, and speak with one voice to buyers and regulators. Together, these four countries represent about two-thirds of global cocoa production, but a much smaller share of the value…

Lac Basikolo, Guinea — Under the leadership of President Mamady Doumbouya, Guinea has officially launched its “National Champions” program, a bold initiative designed to identify, celebrate, and empower the entrepreneurs shaping the country’s economic future. The launch ceremony, held at the newly developed site of Lac Basikolo, brought together government leaders, development partners, and — most importantly — young men and women who are building businesses in all sectors of the Guinean economy. A gathering of Guinea’s builders From health to education, agriculture to infrastructure, mining to the digital economy, the entrepreneurs gathered at Lac Basikolo represented the full extent…

Cameroon will have to deal with a cautious signal from the markets. On July 9, 2026, Fitch Ratings assigned a “B” rating, with a negative outlook, to a recently issued short-term foreign currency bond by the State. This rating aligns this instrument with the country’s short-term sovereign rating and confirms that, for investors, Cameroonian risk...

Facing significant financing needs, the Senelec, the National Electricity Company of Senegal, continues to diversify its sources of funding to meet its commitments. In this perspective, the company issued its first sustainability-linked bonds for an amount of 108 billion CFA francs, approximately 164 million euros, on the Luxembourg Stock Exchange. The operation is presented as...

The inauguration of the renovated Rotunda at N’Djili International Airport has given new visibility to Infrarose, a subsidiary of Vinmart Group. Beyond the restoration of an iconic building, this project is part of a broader dynamic of modernizing infrastructure in the Democratic Republic of Congo, where needs remain significant. On June 30, in Kinshasa, President Félix Tshisekedi inaugurated the rehabilitated Rotunda of N’Djili International Airport. The ceremony also marked the reception of a Boeing 787-800 for Air Congo and the symbolic reopening of a railway connection between the city center and the airport, which had been interrupted for over twenty…

The Moroccan integrated medical technology group takes the leap into the financial market. Analysis of an operation that combines sale and issuance of shares, values the company at over one billion dirhams, and outlines a pan-African ambition matured over thirty-five years. Not only that, analysis of the appetite of healthcare operators who rely on the...

The Moroccan integrated medical technology group takes the step into the financial market. Analysis of an operation that combines the sale and issuance of shares, values the company at over one billion dirhams, and outlines a pan-African ambition matured over thirty-five years. Not only that, analysis of the appetite of health operators who rely on...

The Moroccan integrated medical technology group takes the step into the financial market. Analysis of an operation that combines share sale and issuance, valuing the company at over one billion dirhams and outlining a pan-African ambition matured over thirty-five years. Not only that, analysis of the appetite of healthcare operators who rely on the stock...

The Moroccan integrated medical technologies group takes the step into the financial market. Analysis of an operation that combines share sale and issuance, values the company at over one billion dirhams, and outlines a pan-African ambition matured over thirty-five years. Not only that, analysis of the appetite of healthcare operators who rely on the stock...

The Moroccan integrated medical technologies group takes the step into the financial market. Analysis of an operation that combines share sale and issuance, values the company at over one billion dirhams, and outlines a pan-African ambition matured over thirty-five years. Not only that, analysis of the appetite of health operators who rely on the stock...

The Moroccan integrated medical technology group takes the step into the financial market. Analysis of an operation that combines share sale and issuance, values the company at over one billion dirhams, and outlines a pan-African ambition matured over thirty-five years. Not only that, analysis of the appetite of health operators who rely on the stock...

The Moroccan integrated medical technologies group takes the step into the financial market. Analysis of an operation that combines the sale and issuance of shares, values the company at over one billion dirhams, and outlines a pan-African ambition matured over thirty-five years. Not only that, analysis of the appetite of healthcare operators who rely on...

The Moroccan integrated medical technology group takes the leap into the financial market. Analysis of an operation that combines share sale and issuance, values the company at over one billion dirhams, and outlines a pan-African ambition matured over thirty-five years. Not only that, analysis of the appetite of healthcare operators who rely on the stock...

The Moroccan integrated medical technology group takes the step into the financial market. Analysis of an operation that combines share sale and issuance, values the company at over one billion dirhams, and outlines a pan-African ambition matured over thirty-five years. Not only that, analysis of the appetite of healthcare operators who rely on the stock...

The Moroccan integrated medical technologies group takes the step into the financial market. Analysis of an operation that combines share sale and issuance, values the company at over one billion dirhams, and outlines a pan-African ambition matured over thirty-five years. Not only that, analysis of the appetite of healthcare operators who rely on the stock...

EDITORIAL – Page 4The top 40 African banksWhy African banking is entering a new era where technology, artificial intelligence, and regional integration take precedence over the size of branch networks. PREMIUM – Page 2 BANK – Page 6 MANAGER – Page 7 SPECIAL REPORT (Pages 8 to 16) Ranking of the top 40 African banks INSTITUTIONS – Pages 18-19 INSURANCE – Page 20General States of Cotonou: 23 resolutions to make inclusive insurance a reality in Africa. BUSINESS LAW – Page 22Undercapitalization in Kenya: the new tax rules that investors must understand. On the cover Download

The restructuring of the shareholding of the International Bank for Trade and Industry in Ivory Coast (BICICI) is taking a new step. The bank announced that the National Investment Bank (BNI) signed, on July 13, 2026, an agreement with Brandon & Mcain Capital, the holding controlled by Ivorian businessman Ahmed Mamadou Cissé, for the sale...

The restructuring of the shareholding of the International Bank for Trade and Industry in Ivory Coast (BICICI) is taking a new step. The bank announced that the National Investment Bank (BNI) signed, on July 13, 2026, an agreement with Brandon & Mcain Capital, the holding controlled by Ivorian businessman Ahmed Mamadou Cissé, for the sale...

The restructuring of the shareholding of the Banque Internationale pour le Commerce et l’Industrie de la Côte d’Ivoire (BICICI) is taking a new step. The bank announced that the Banque Nationale d’Investissement (BNI) signed an agreement with Brandon & Mcain Capital, the holding company controlled by Ivorian businessman Ahmed Mamadou Cissé, on July 13, 2026,...

The restructuring of the shareholding of the Banque Internationale pour le Commerce et l’Industrie de la Côte d’Ivoire (BICICI) is taking a new step. The bank announced that the Banque Nationale d’Investissement (BNI) signed, on July 13, 2026, an agreement with Brandon & Mcain Capital, the holding controlled by Ivorian businessman Ahmed Mamadou Cissé, for...

The restructuring of the shareholding of the Banque Internationale pour le Commerce et l’Industrie de la Côte d’Ivoire (BICICI) is taking a new step. The bank announced that the Banque Nationale d’Investissement (BNI) signed, on July 13, 2026, an agreement with Brandon & Mcain Capital, the holding controlled by Ivorian businessman Ahmed Mamadou Cissé, for...

The restructuring of the shareholding of the International Bank for Trade and Industry in Ivory Coast (BICICI) is taking a new step. The bank announced that the National Investment Bank (BNI) signed, on July 13, 2026, an agreement with Brandon & Mcain Capital, the holding controlled by Ivorian businessman Ahmed Mamadou Cissé, for the sale...

First day of the Regional Health Investment Forum: Mauritania calls on the international private sector Nouakchott, July 13, 2026. Mauritania aims to position itself as a new destination for health service investments in Africa. This strong message was delivered at the opening of the Regional Health Investment Forum, organized by the Islamic Centre for the Development of Trade (ICDT), in partnership with the Mauritanian Ministry of Health and the Investment Promotion Agency in Mauritania (APIM). Bringing together governments, international institutions, investors, hospital groups, pharmaceutical companies, and development partners, this first day focused on public-private partnerships and investment at the heart of…

First day of the Regional Health Investment Forum: Mauritania calls on the international private sector Nouakchott, July 13, 2026. Mauritania aims to position itself as a new destination for health service investments in Africa. This strong message was delivered at the opening of the Regional Health Investment Forum, organized by the Islamic Center for the Development of Trade (ICDT), in partnership with the Mauritanian Ministry of Health and the Mauritania Investment Promotion Agency (APIM). Bringing together governments, international institutions, investors, hospital groups, pharmaceutical companies, and development partners, the first day focused on public-private partnerships and investment as key elements of the continent’s health sovereignty. In his…