Author: The Editorial Staff

The IPO of CashPlus has been effective since December 8, 2025. The IPO, which was oversubscribed 64 times, has been a resounding success, raising 750 million dirhams (approximately 69.8 million euros) through a combination of capital increase and share sale. According to the prospectus consulted by Financial Afrik, the Moroccan fintech company attracted over 80,000 subscribers, making it the second IPO of 2025 in Morocco, after Vicenne’s in July. The amount raised, 750 million dirhams, is divided between two distinct parts: 400 million dirhams allocated to capital increase for the acceleration of the development of its super-app integrating payment cards,…

Mauritania held its Insurance General Assembly on December 8 and 9, 2025, a strategic event organized in partnership with FINACTU and under the supervision of the Central Bank of Mauritania (BCM), which has been regulating the sector since September 2025. This transfer of supervision, coupled with a strong desire to reform the market, marks the beginning of a vast transformation aimed at restoring insurance to its rightful place in the national financial system. For two days, insurance companies, intermediaries, legal professionals, security forces, financial institutions, technical partners, and ecosystem actors gathered for workshops, panels of international experts, and consultation sessions.…

The Sovereign Strategic Investment Fund of Senegal (FONSIS) has launched a partnership call for the realization of the Dakar Millennium Center (DMC), a large-scale integrated urban project that aims to transform a strategic site of 37 hectares in Ouakam, on the West Corniche, into a world-class business district. The official document detailing the call for applications specifies the technical requirements, participation modalities, and economic ambitions of the project. A structuring project at the heart of the West Corniche Mandated to enhance one of Dakar’s most strategic lands, FONSIS intends to make the DMC a mixed urban destination, combining high-level tertiary,…

On December 8, the DP World Foundation reaffirmed its commitment to education in Senegal by organizing a large ceremony to distribute school kits to three schools located around the future Port of Ndayane: Kholpa, Niangal 1, and Ndayane. Completely renovated as part of the “Classes of Hope” program, these establishments welcomed the DP World teams as well as local administrative and traditional authorities who came to witness the completion of several months of work and support. In the morning, the delegations visited the schools, raised the flag, attended cultural performances by the students, and symbolically distributed the kits offered by…

Douala, December 5, 2025 — It is now official: Standard Chartered has finalized the transfer of all its operations in Cameroon to Access Bank Cameroon, thus reaching a major milestone in its global strategy of simplification and reduction of its footprint. Decided in April 2022 as part of a broad disengagement plan from several markets...

Dubai, December 8, 2025 – The BUTEC Group announced the successful closure of financing for a major project involving the design, construction, operation, and transfer (Build-Own-Operate-Transfer, BOOT) of two thermal power plants with a total capacity of 50 MW in Burkina Faso. This strategic investment aims to urgently secure and strengthen the national electricity supply under a five-year Power Purchase Agreement (PPA) between the National Electricity Company of Burkina (SONABEL) and the BUTEC Power Generation subsidiary of the group. The two power plants covered by the contract will be located in Kaya and Koudougou, two cities in the central part…

The UEMOA regional debt market has so far managed to absorb the sharp rise in Senegalese issuance following the suspension, last year, of the $1.8 billion IMF program, according to a new report from S&P Global Ratings published on December 8, 2025. According to the agency, Senegal remains by far the largest issuer in the...

London/Libreville, December 8, 2025 – Assala Energy has just surpassed a strategic threshold by reaching 57,068 barrels of oil per day in operated production, an unprecedented level that confirms the growing strength of the oil group after its change in shareholding. This performance comes a year after the entry of Gabon Oil Company (GOC) as...

London, December 5 – Rawbank, a leading bank in the Democratic Republic of Congo, has been elected Bank of the Year 2025 in DRC by The Banker, a publication of the Financial Times group and a global reference in the banking sector. This distinction, awarded to a single institution per country, rewards banks that stand out for the strength of their model, the consistency of their strategy, and their measurable contribution to the development of their economy. A prize awarded through rigorous and independent evaluation The “Bank of the Year” award distinguishes institutions that, during the evaluated period, have demonstrated…

Between 2022 and 2024, developing countries have experienced an unprecedented situation in half a century: they have repaid 741 billion dollars more than they have borrowed, transforming external debt into a new mechanism of net resource extraction, according to the World Bank. This spectacular reversal of financial flows, where repayments far exceed new loans, is...

The Digital Africa Summit, held on Friday in Dakar, highlighted Senegal’s emergence as a future digital hub on the continent. In front of a gathering of ministers, operators’ leaders, international experts, and innovation actors, GSMA delivered a strategic study that, for the first time accurately quantifies the potential economic impact of digital reforms. According to...

It was in Washington that the presidents of the Democratic Republic of Congo and Rwanda, Félix Tshisekedi and Paul Kagame, signed a peace agreement on Thursday, December 4th. “It is a ‘great miracle’,” commented American Donald Trump. The main objective of this agreement is to create the conditions for the end of the war in...

It is a turning point for the Burkinabe energy landscape. The well-known TotalEnergies Burkina brand, familiar to motorists and consumers, changes its name and now becomes “Barka Energies”. This change comes after the acquisition of the Burkinabe subsidiary of TotalEnergies by Coris Invest Group, owned by businessman Idrissa Nassa, founder of Coris Bank International and...

After the takeover of SAAR Benin, now known as Nobila Assurance, the new player in the Benin insurance market has big dreams. Despite the historically narrow and underpenetrated market, its leaders aim to make it a reference company that meets the challenges of the time, with promising prospects. Exclusive interview. Interview by Daniel Djagoué What is Nobila Assurance’s vision today and how does the company intend to strengthen its position in the Beninese market? With the majority stake acquisition in SAAR Benin, now Nobila Assurances, businessman Salif Ouédraogo envisions turning it into a high-performing citizen company to reposition in the…

The Minister of State, Minister of Economy, Finance, Debt and Participation, in charge of fighting against the high cost of living, Henri-Claude Oyima, also Vice-President of the Government ad interim, presented the structuring orientations of the 2026 budget as well as the strict rules that will now frame public management. In front of Government members, administrative officials, and public partners, he recalled that the directives of the President of the Republic, General Brice Clotaire Oligui Nguema, impose on the executive a profound transformation based on discipline, performance, and the restoration of economic sovereignty. Adopted unanimously by the National Assembly and…

The Regional Mortgage Refinancing Fund of the UEMOA (CRRH-UEMOA) held its last Commitment Committee meeting today, bringing the amount of refinancing authorized in 2025 to 60 billion CFA francs for nine (09) banks in the Union based in Benin, Burkina Faso, Côte d’Ivoire, Senegal, and Togo. The total amount of support granted by the institution since its creation now reaches 440 billion CFA francs. This performance, made possible by the mobilization of long-term resources on financial markets and from development partners, marks a decisive acceleration in the implementation of the 2023-2027 strategic plan. 2025 was marked by a major advancement…

Atlantic Re (formerly the Central Reinsurance Company of Morocco) continues its continental repositioning with the appointment of Ibrahima Ndoye as Central Director in charge of West and Central Africa. Based in Abidjan, his mission will be to accelerate the reinsurer’s presence on the Atlantic coast of the continent, a strategic axis where the group aims...

Saham Bank has obtained its first international rating: Moody’s Ratings has assigned it a Ba1 rating, with a stable outlook, praising the strength of its financial fundamentals and the transformation initiated under the ownership of the Saham Group. The agency highlights a strong profitability, high capitalization, and a sound governance, supported by a prudent risk...

Abidjan, December 1, 2025. Atlantic Group has just reached a decisive milestone in its strategy of diversification and industrial growth. The Ivorian conglomerate has officially finalized the acquisition of Barrick’s interests in the Tongon gold mine, following the obtaining of all required regulatory authorizations. This operation marks Atlantic Group’s entry into the gold sector and...

Abidjan • Accra • Antananarivo • Dakar • Paris – December 2, 2025. Investors & Partners (I&P) announces that it has successfully closed the first closing of €41 million for its new vehicle I&P Africa Entrepreneurs 3 (IPAE 3) fund, confirming the renewed confidence of its historical partners: European Investment Bank (EIB), BOAD, Bpifrance, and...

In November 2025, the Port of Pointe-Noire received the award for best transit traffic in integrating sub-regional economies for the year 2024 during the 9th edition of the African Ports Awards organized on the sidelines of the 45th Annual Council of the Association of West and Central African Ports Management (AGPAOC). This award confirms the attractiveness of the Port of Pointe-Noire for the sub-region thanks to the continuous investments that Congo Terminal makes in the container terminal. “Congo Terminal has already invested over 350 million euros in Phase 1 at the Pointe-Noire container terminal in infrastructure development, acquisition of state-of-the-art…

The international law firm Ashurst inaugurates its first office on the African continent, in Casablanca, marking a new milestone in its African strategy. Led by Ouns Lemseffer, partner and Head of Morocco operations, the establishment is supported by a top-tier team composed of Meriem Komiha, Youssef Tork (senior associates), and Yasmine Hitane. More recruitments will...

The Nigerien military regime announced on Sunday evening the placing of uranium extracted by the Société des mines de l’Aïr (Somaïr) on the international market, de facto acknowledging the loss of operational control of the site by Orano. This decision comes six months after the nationalization of Somaïr by Niamey, declared in June 2025, which removed the French giant’s 63.4% stake in favor of full control by the Nigerien state, which was previously a shareholder at 36.6%. This rupture marks a decisive turning point in a mining partnership that began over half a century ago in the north of the…

d of the 47th Annual Meeting of the Association of African Central Banks (ABCA), held from November 23 to 28, 2025 in Yaoundé, the governors of the continent’s central banks appointed Yvon Sana Bangui, Governor of the Bank of Central African States, as president of the organization. This appointment comes in a context of strengthening...

According to an investigation published by the Organized Crime and Corruption Reporting Project (OCCRP) on November 24, 2025, Libyan businessman Abdelhakim Baayo – the first declared candidate for the 2021 presidential election – is suspected of using money from Alhammra Company Spain S.L., a subsidiary of the Libyan sovereign fund (Libyan Investment Authority, LIA), to...

In Morocco, the latest General Census of Population and Housing reveals a real demographic shift: 148,152 foreign residents in 2024, compared to 84,000 in 2014, representing a +76.4% increase in ten years. Morocco, long a country of emigration, has become a major destination for migration on the continent, with a spectacular reconfiguration of the nationalities...

On November 26, 2025, Nouakchott hosted the Franco-Mauritanian Economic Forum, a high-level meeting bringing together public officials, investors, and private sector support institutions from both countries. Alongside Nicolas Forissier, French Minister Delegate for Foreign Trade and Attractiveness, were Mohamed Khaled, Mauritanian Minister of Energy and Petroleum, Dr. Tah Ahmed Meouloud, Director of the Agency for the Promotion of Investments in Mauritania (APIM), and Gérald Petit, Country Director of Business France in Mauritania. In their respective interventions, the officials emphasized the strength of an economic relationship based on trust, mutual respect, and the desire to accelerate investments. Addressing Mauritanian and French…

Two days after the overthrow of President Umaro Sissoco Embaló by the military high command, the political transition is accelerating in Guinea-Bissau. On Friday, November 28, the President of the Transition, General Horta N’Tam, appointed by decree Ilídio Vieira Té – former Minister of Finance of the ousted regime – as Prime Minister. He will...

Afreximbank has finalized its second issuance of Samurai bonds, raising 81.8 billion yen (approximately $527 million) through two tranches, Regular and Retail, an operation larger than the one carried out in 2024 and confirming the gradual anchoring of the pan-African bank in the Japanese bond market. The Regular tranche, of 45.8 billion yen over three years, was structured following a series of meetings with investors on the sidelines of TICAD9, including roadshows in several Japanese cities and a pre-maturity survey process; in a context where markets anticipated an increase in the Bank of Japan’s rates, demand focused on short maturities.…

The Africa Investment Forum (AIF) Market Days 2025, held from November 26 to 28 in Rabat under the high patronage of King Mohammed VI, marked a decisive turning point for mobilizing capital in favor of Africa. More than 2,000 delegates and 1,800 seats occupied in boardrooms confirmed the platform’s gathering power led by the African...