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Société de Limonaderies et de Boissons Rafraîchissantes d'Afrique (SOLIBRA), a subsidiary of the French group Castel with a 76.8% stake held by BGI,...
AXIAN, a responsible pan-African group operating in 5 business sectors including energy and telecoms, strengthens its commitment to creating a positive...
Thirty-one companies listed on the West African Regional Stock Exchange (BRVM) have reported positive net margins for 2023, while four have announced...
The Federal Republic of Nigeria has acceded to the Establishment Agreement for the Fund for Export Development in Africa (FEDA), the development impact...
Vivo Energy Côte d'Ivoire, a subsidiary of the Anglo-Dutch Shell group specializing in petroleum product distribution, has recently released provisional...
In a recent meeting held on April 26, 2024, the board of directors of the banking group BGFI Group proposed distributing a dividend of CFA11,000 per share...
The number of mobile money accounts in Sub-Saharan Africa surged by 17% annually to 763 million in 2022, according to GSMA. The World Bank highlights the...
In a significant step to advance food security in Kenya, the Africa Fertilizer Financing Mechanism has launched a project that will help deliver nearly...
Servair Abidjan, a company that provides catering and cleaning services for aircraft and the Abidjan International Airport, has proposed a net dividend...
Société africaine des plantations d'hévéas de Côte d'Ivoire (SAPH-CI), the Ivorian branch of the partnership between the Billon family and French company...
The net profit of BCEAO has surged due to a substantial increase in revenues from commercial banks refinancing. Yet, this success masks a liquidity...
West African Monetary Union (UMOA) countries collectively raised CFA1,590 billion ($2.58 billion) in the public securities auction market during the...
African Hidden Champions (AHC) will host an exclusive Soirée on April 24, 2024, in Johannesburg to convene and celebrate entrepreneurial spirit with top...
The African Development Bank and the Inter-Governmental Action Group against Money Laundering in West Africa (GIABA) on Thursday officially launched a...
The BOAD's Djoliba 2021-2025 strategic plan places a significant emphasis on the digital economy, with investments totaling CFA3.3 trillion (about €5...
Two former bankers from the French group BNP Paribas, Hussein Sefian and Faisal Khan, have initiated a new $100 million private debt impact fund...
The Fund for Export Development in Africa (“FEDA”), Afreximbank’s impact investment subsidiary, has announced its investment into Bloom Africa Holdings...
The African Development Bank has published a report clarifying the legal framework, processes and governance for a call on the callable capital by the...
Several multinational companies on the Lagos Stock Exchange are grappling with the adverse effects of the Nigerian naira's depreciation and are currently...
Société Ivoirienne de Banque (SIB) has reported strong financial results for 2023, but also disclosed a significant allocation of $3.25 million...
Verod-Kepple Africa Partners announced the successful closing of its inaugural investment fund, Verod-Kepple Africa Ventures (Vkav), on April 9. The...
Africa Finance Corporation (AFC) announced this week a significant 17.3% increase in its assets in 2023, reaching $12.34 billion. This milestone not...
In 2023, the African private equity sector experienced significant downturns, with exits dropping by 48% and investments by 22% to $5.9 billion,...
As part of the effective start of activities of Yiri, the innovation center of Africa Global Logistics (AGL) dedicated to the development of start-ups in...
Société Générale's subsidiary in Côte d'Ivoire announced it is getting ready to increase its capital by CFA4.45 billion (around $7.3 million). This...
African businesses and governments are increasingly turning to the international bond market to meet their foreign currency needs, amid signs of growing...
Subsidiaries of the Bank of Africa (BOA) in Côte d'Ivoire, Burkina Faso, and Niger are set to initiate the 2023 dividend distribution season on the...
Following the sale of its short-term insurance subsidiary in Tanzania in January 2024, Old Mutual is continuing its withdrawal from certain African...
GuarantCo has partnered with Africa GreenCo in a $27 million risk-sharing agreement. This initiative, signed yesterday April 4, aims to mobilize...
On March 20, 2024, Africa Global Logistics (AGL) signed the contract to manage the Walvis Bay Multipurpose Bulk Terminal in Namibia, in the presence of...
Africa Finance Corporation (AFC), a financial institution focused on infrastructure projects across the continent, has been selected along with 21 other...
African startups have collectively raised $466 million in the first quarter of 2024, according to a report released yesterday by Africa the Big...
Adenia Partners, a private equity firm, announced on Wednesday the successful closure of its largest fund dedicated to Africa, totaling $470...
Société Générale Côte d'Ivoire once again stands out on the Abidjan Regional Stock Exchange for its generous dividend policy. For FY2023, the bank has...
NSIA Bank Côte d'Ivoire unveiled a summary of its financial results for the year 2023 on March 29, 2024, showcasing total gross receivables (including...

ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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