Author: The Editorial Staff

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...

Singapore, a city-state of 5.9 million inhabitants, is set to reach 63.5 billion USD in Life premiums by 2030, according to GlobalData. Alone, this tiny territory weighs almost as much as the entire African insurance market – a continent of 1.4 billion inhabitants that barely totals 80 to 85 billion USD in premiums across all...

With its successful bond issuance of 40.999 billion CFA francs on November 26, 2025, Mali confirms its ability to mobilize resources in a regional market that has become more selective. But behind this technical success lies a less flattering reality: investors are demanding a higher price from Bamako than its highest-rated UMOA neighbors. The yields...

The recent revision of Senegal’s national accounts base continues to fuel the debate on the country’s budget trajectory. According to Oxford Economics, while this rebasing undoubtedly improves the statistical appearance of the fiscal position, it does not dispel the structural concerns related to debt sustainability. Based on provisional data published by the ANSD, the debt/GDP ratio now stands at around 110%, compared to the 130% previously mentioned by the IMF. This mechanical decrease visually eases the government, engaged in a delicate period of political and financial adjustment. However, the fundamentals remain unchanged. “This improves the outlook, but does not change…

Dakar, November 25, 2025 – GCR Ratings has confirmed the long-term issuer rating of the African Solidarity Fund (ASF) at AAA(WU) on its regional scale, with a stable outlook. The short-term rating is maintained at A1+(WU). This decision confirms the financial and institutional strength of the Fund, in a context marked by rising sovereign risks...

The Council of Ministers of the UEMOA, meeting in extraordinary session on November 25, 2025, appointed Kossi TENOU as head of the Financial Markets Authority of the UEMOA (AMF-UMOA). He succeeds Badanam PATOKI, who was appointed Minister of Economy and Strategic Monitoring of the Togolese Republic on October 8, 2025. The AMF-UMOA acknowledges “the commitment...

Lomé, November 25, 2025. The Regional Mortgage Refinancing Company of the West African Economic and Monetary Union (CRRH-UEMOA) announces the entry of three new subsidiaries of the Coris Group into its capital: Coris Bank International Benin, Coris Bank International Togo, and Coris Bank International Senegal. These new participations bring the total number of Coris Group subsidiaries present in the shareholding of CRRH-UEMOA to five, alongside Coris Bank International SA in Burkina Faso and Coris Bank International Ivory Coast, already shareholders since 2016. With these new participations, the Coris Group represents 3.5% of the capital of CRRH-UEMOA and becomes the 6th…

The independent candidate Fernando Dias da Costa claimed on November 24, 2025, to have a lead in the first round of the presidential election held on November 23, based on internal reports transmitted by his representatives. This claim comes in a heavy electoral suspense where the authorities in charge of the election have not published...

With a meteoric growth, Kapital Assurances is now established as one of the most structured firms in the Senegalese market in terms of consulting and engineering for industrial and institutional risks. In the span of one year, its activity has multiplied by five, bringing its portfolio under management to nearly 8 billion FCFA. This increase in power is based on demanding technical organization and a proven ability to handle complex risks, especially in reinsurance. The arrival of Majdi Yassine on the Board of Directors marks a strategic turning point. With over twenty years of experience in large risks – including…

The 4th edition of the President’s Roundtable of the ECOWAS Bank for Investment and Development (EBID) was held on November 24, 2025 in Accra with a clearly stated ambition: to put West Africa back at the center of global value chains, no longer just as a supplier of raw materials, but as a region capable of turning its agricultural wealth into economic power. The panel, broadcast on various television channels, began with an address by EBID President George Agyekum Donkor, reaffirming the role of the institution and its commitment to supporting the West African agro-industrial sector. The region is a…

Senegal is taking a major step in its financial optimization strategy with the creation of the Senegal Asset Valorization Fund (FOVAS), formalized on November 23, 2025 in Lome through a protocol agreement with the West African Development Bank (BOAD). This new instrument aims to transform the management of public infrastructure into a true driver of...

The results of an assessment on Togo’s capacity to monitor and report on the implementation of the African Continental Free Trade Area (AfCFTA) were presented on November 20, 2025 in Lomé by the African Capacity Building Foundation (ACBF), a specialized agency of the African Union. In the end, the overall score was 47.5/100. “This is...

“It is necessary for the world to become more African and for Africa to become more international!” As Africa and Europe redefine the contours of an economic partnership challenged by geopolitical tensions and industrial reconfigurations, two major voices from the private sector share their vision. Baidy Agne, President of the Senegalese Employers’ Confederation and newly elected head of Business Africa, and Benoît Chervalier, investment banker, Vice-President Africa of MEDEF International and President of the Africa network of Business Europe, exchange their perspectives on the continent’s priorities: economic sovereignty, empowerment of local actors, value chain relocation, financing, and the structuring role…

Nouakchott, November 19, 2025 – El Amana Bank (BEA) and the International Finance Corporation (IFC), a member of the World Bank Group, have signed a $30 million senior financing agreement aimed at strengthening the growth of Micro, Small and Medium Enterprises (MSMEs) in Mauritania. Special attention will be given to businesses owned or led by women. This operation marks an important step in the consolidation of BEA as a major national player in inclusive finance, while reaffirming its commitment to sustainable and high-impact economic development. At least 20% of the financing line will be specifically dedicated to female-owned businesses, demonstrating…

Senegal confirms a strong budgetary dynamic in 2025, supported by a mobilization of resources. By the end of September, cash receipts reached 3,655.8 billion CFA francs, representing 64% of the annual target set at 5,715.6 billion. Financial markets remain the main source of financing, totaling 2,775.1 billion, or 73.6% of the forecasts, a sign of persistent investor confidence in the country’s sovereign signature. General Budget revenues also increase, reaching 3,254 billion CFA francs (69.7% of the annual target), a significant increase of 12.7% year-on-year. The recovery in tax collection largely explains this performance: tax revenues peak at 2,987.9 billion, an…

Just a few days before the 7th AU-EU Summit scheduled for November 24 and 25, 2025 in Luanda (Angola), the Africa-Europe Foundation (AEF) has released its report “The State of Africa-Europe 2025 – Financing Our Future,” a document that aims to fundamentally reorient cooperation between the two continents. Produced with AUDA-NEPAD and over 50 African and European institutions, the report calls for a clear break from the traditional logic of aid to build a partnership based on investment, equity, and tangible results. According to the AEF, Africa and Europe together represent over 1.8 billion citizens and nearly 30% of UN…

Cameroon is trying to breathe new life into one of its road infrastructure projects. A decree signed on November 18, 2025 by President Paul Biya authorizes the mobilization of 235.5 million euros from MUFG Bank London – a buyer credit of 207.9 million euros and a commercial credit of 27.6 million euros – to restart work on lot No. 1 of the Yaoundé-Nsimalen highway. After more than a decade of delays, this new funding aims to accelerate the construction of the 12.3 km urban section, linking the Ahala interchange to downtown Yaoundé. This section, essential for facilitating access to the…

Ivory Coast confirms its status as the African leader in cashew nuts. According to the General Directorate of Customs, cashew nut exports reached 72,000 tons in 2024, an increase of 52% in one year and a volume more than five times higher than that of 2020. This dynamic reflects the strengthening of a national strategy focused on local processing, now a driver of value creation and revenue diversification. Between 2020 and 2024, the national production of processed cashew nuts increased from 103,103 tons to 344,000 tons, driven by the doubling of the number of factories, from 17 to more than…

Alongside the political speeches that punctuated the proceedings, the High-Level Segment in Kinshasa, held on November 14, 2025, was marked by three strategic round tables dedicated to flagship projects aimed at transforming the Great Lakes region. Mines, logistics, mobility, economic sovereignty: these corridors could reshape part of the regional economic landscape. Lobito: a corridor that...

Algeria is reaching a new milestone in its energy industrialization strategy. Sonatrach, the national company, has indeed signed a $437 million EPCC contract with Chinese Sinopec Guangzhou Engineering on November 17, 2025, for the construction of a heavy naphtha hydrotreating unit within the Arzew refinery. This project, covering an area of 5 hectares and to...

Kinshasa hosted, on November 14, 2025, a High-Level Segment that could mark a turning point in how the Great Lakes region conceives its stability. Organized on the sidelines of the 9th Summit of Heads of State of the International Conference on the Great Lakes Region (ICGLR), this meeting brought together more than 250 public officials,...

Yssouf Gbané from Ivory Coast has been appointed as the chairman of the board of directors of SUNU Bank Togo, succeeding Mohamed Bah, the group’s CEO. The banker was introduced on Wednesday, November 19 in Lomé. He takes on his role in a context marked by the implementation of a bank restructuring plan, which had caused a crisis in the sector. This plan aims to strengthen financial solidity, and includes the closure of certain branches, job transformations, and a reduction in staff for economic reasons. “After the difficult times following the initial actions of the restructuring plan initiated since last…

Nigeria is experiencing a calm on the price front. According to the National Bureau of Statistics (NBS), the overall inflation rate decreased to 16.05% in October 2025, down from 18.02% in September, continuing a downward trend that began in April. This is one of the most significant declines observed in recent months in the largest...

Congo has reached a new milestone in its strategy to valorize its energy resources. During a working visit to Pointe-Noire and Kouilou, President Denis Sassou N’Guesso inaugurated on November 17, 2025, the new associated gas processing complex of the Banga-Kayo field. Built by the Chinese company Wing Wah Exploration and Production in partnership with SNPC,...

South Africa is putting nuclear power back at the center of its energy and industrial strategy. On Sunday, November 16 in Pretoria, Energy Minister Kgosientsho Ramokgopa announced the revival of several programs that had long been stalled, stating that the country “will not lag behind” in the global competition around nuclear fuel and next-generation reactors....

The Cape Verdean Parliament approved, on November 14, 2025, the State budget for 2026, amounting to 95.7 billion escudos (approximately 870 million euros). Defended by Prime Minister Ulisses Correia e Silva, this budget aims to reconcile macroeconomic stability, social priorities, and maintaining a favorable investment environment. On the macroeconomic front, the executive projects a GDP...