Author: The Editorial Staff

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…

In Nigeria, road projects costing less than 20 billion naira (approximately 13.2 million USD), financed by the Nigerian National Petroleum Company Limited (NNPC Ltd), will now be exclusively awarded to local companies. The announcement was made by the Ministry of Works, which explains that this measure aims to strengthen the capacities of Nigerian companies, create...

The World Bank, in partnership with the Population Council and the Center for Global Development, organized a national dissemination forum of the report “Pathways to Prosperity for Adolescent Girls in Africa” in Dakar on Wednesday, September 10. This event, focused on Africa and Senegal, brought together policymakers, experts, international organizations, and civil society actors with...

Jubilee Holdings Plc, a Nairobi-based financial services group, has finalized the sale of all its directly and indirectly held shares in its general insurance subsidiaries to SanlamAllianz, the joint venture formed by Sanlam and Allianz. The announcement was made by the company as it exits the property and casualty insurance market in Kenya, Uganda, Tanzania,...

S&P Global Ratings downgraded Botswana’s long-term sovereign rating from ‘BBB+’ to ‘BBB’ on September 12, 2025, with a negative outlook. The short-term rating ‘A-2’ is affirmed. The Bank of Botswana (BoB) is downgraded by the same magnitude, as analysts consider the central bank inseparable from the state. The transfer and convertibility (T&C) risk assessment is...

From October 1, 2025, the Burkinabe public administration will no longer accept checks as a means of payment. A circular dated September 9 from the Ministry of Economy and Finance puts an end to their use, including certified checks, due to repeated payment incidents and additional costs that burden public treasury. Only cash, mobile money,...

The South African energy regulator (National Energy Regulator of South Africa (Nersa)) has apologized for a miscalculation of electricity tariffs amounting to 54 billion rand (3.1 billion dollars), which will be passed on to consumers. This error, identified by Eskom, the state-owned electricity company, was caused by a “data entry problem”. As a result, electricity...

The Casablanca Stock Exchange closed the session on September 10, 2025 in the red. The downward trend of the main indices reflects an atmosphere of uncertainty that raises concerns among investors about the strength of the economy and the resilience of the various listed sectors. The MASI 20, which includes the 20 most liquid stocks,...

The ARISE galaxy is expanding. Pan-African developer ARISE Integrated Industrial Platforms (ARISE IIP) has just announced the entry of Saudi company Vision Invest into its capital for an amount of $700 million. The operation, one of the largest private transactions in African infrastructure in recent years, marks Vision Invest’s first investment on the continent. It...

Sanlam Allianz Africa Pty Ltd announced on September 9, 2025, a decisive step in implementing the commitments made to the Competition Council of Morocco. The company has agreed to sell part of its distribution network to Wafa Assurance to address concerns related to the concentration of commercial capacities in certain localities. Specifically, the agreement between...

Unlocking the economic potential of the continent 📍 Bamako, Republic of Mali – December 2-4, 2025 The Islamic Centre for Development of Trade (ICDT), the operational arm of the Organisation of Islamic Cooperation (OIC) dedicated to promoting trade and investment, in partnership with the Islamic Development Bank (IDB) and the Republic of Mali, is organizing the first edition of the OIC Investment Forum in Africa. This significant event will bring together ministers, investment promotion agency leaders, private investors, and representatives of international institutions, with a clear objective: to transform African potential into concrete opportunities. Africa, a market of the future…

The French startup Nucleon Security, specializing in intelligent and automated cybersecurity solutions, has announced a funding round of €3 million in late seed stage. This operation aims to industrialize its technological building blocks of agent-based artificial intelligence and strengthen its commercial expansion, particularly in Europe and Africa. Context: a tense market According to Cybersecurity Ventures, the total cost of cyberattacks could reach $10.5 trillion by 2025. At the same time, the World Bank estimates a global shortage of nearly 4 million cybersecurity professionals. In this context, Nucleon Security’s value proposition stands out with a proactive and automated approach, already adopted…