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• Wema Bank secures 150 billion naira ($100 million) through rights issue.• Capital rises to 214.7 billion naira, above central bank’s 200 billion naira...
Vision Invest invests $700m in Arise IIP, Africa’s largest private infrastructure deal in 2025. Arise IIP fundraising hits $1.25bn in...
Djamo has obtained the first microfinance license issued by the BCEAO to a fintech. The license allows Djamo to offer regulated products...
• Mali to establish national reinsurer, retain premiums locally• Initiative targets sovereignty, complex risk coverage, sector jobs• Market expanding, but...
• Burkina Faso bans check payments in public administration from Oct 1• Citizens must use cash, transfers, mobile money, or Faso Arzeka• Move aims to cut...
Walmart to launch its own-brand stores in South Africa before year-end Retail giant to source from local SMEs and compete with Shoprite,...
Gabon launches a fresh CFA50 bln bond issue after June’s oversubscribed sale Offer structured in two tranches with 2- and 3-year maturities at 5.6%...
Burundi’s central bank picks LSEG to modernize FX, liquidity, auctions, and market oversight systems. The deal, announced Sept. 10, 2025, features LSEG...
• Gabon plans reforms to curb rising non-performing bank loans• NPLs hit 10.2% of total loans in 2024, AfDB says• Credit tightens despite liquidity...
• Afreximbank, Shelter Afrique to mobilize $1B for housing projects• Deal includes training to boost project preparation capacity• Africa faces...
Proparco granted BCI Guinée a $10 million senior loan to boost SME financing, adding to earlier $19 million trade finance lines. SMEs...
Kenya is negotiating a $1 bln debt-for-food deal with the World Food Program. The plan would channel debt relief into farm projects,...
• L’Africaine de courtage launches in Gabon amid market downturn• Gabon’s insurance revenue fell 54.6% in Q1 2025• Firm aims to boost broker role,...
As a relatively small issuer in the West African Economic and Monetary Union (WAEMU) market, Benin is surprisingly borrowing at more favorable terms than...
• WAEMU banks focus lending on commerce, services, manufacturing sectors• Commerce leads with over $22B in short-term credit• Senegal records...
Shareholders of Guinea Insurance approved a capital increase on Sept 8. Nigeria’s new law raises minimum capital for non-life insurers to 15 bln...
Leadway Holdings agreed to buy 100% of Pensions Alliance Limited. The merger with Leadway Pensure will create one of Nigeria’s largest pension...
Congo’s Treasury aims to raise CFA55 billion ($98.2 million) on Sept 9. The issue includes short-term treasury bills and 3-year bonds at 6%...
Ghana suspends five remittance operators for regulatory breaches Firms linked to unauthorized activities with fintech partners Suspension...
• Angola’s BFA launches $239M IPO, largest in BODIVA history• Sale includes 4.46M shares, valuing bank at $801 million• IPO part of 2023–2026...
• Altvest plans $210M raise to adopt bitcoin as treasury asset• Would be Africa’s first listed firm to bet treasury on crypto• Seeks cross-border...
• Afreximbank launches $1B trade firm to boost intra-African commerce• Intra-African trade rose 12.4% to $220.3B in 2024• IATF 2025 aims...
• DRC launches Copirap to streamline over 1,000 parafiscal levies• Reform aims to ease business climate, boost investment, competitiveness• Commission to...
• CBK licenses 27 more digital lenders, total now 153• Sector disbursed $594M in loans by June 2025• New draft rules propose tiered licensing,...
UBA extends rights issue to September 19, seeks NGN157 billion Offer includes 3.16B shares at NGN50 each, 1-for-13 ratio Move supports...
Government tasks KPMG with 60-day review of AT Ghana and Telecel stake. AT Ghana burdened with $289 mln debt, market share down to under...
Emaar Misr, Saudi and Emirati investors to build $18.6 bln Red Sea complex. Marassi Red Sea to cover 10.2 km² with hotels, marinas, malls and...
• Cameroon shifts from tax exemptions to tiered investment tax credits• Syndustricam says reform risks sidelining SMEs, lacks clarity• Ordinance bypassed...
Zenith Bank picks Côte d’Ivoire for $90M debut into Francophone Africa, confirming ambition to unlock 14-nation WAEMU/CEMAC passport. Late...
• Zenith Bank to enter Côte d’Ivoire in 2025, eyes Cameroon next.• $228M capital raise supports Francophone Africa expansion strategy.• Côte...
Visa launched Visa Pay app in Kinshasa on Sept 4. App supports FC/USD payments, transfers, and virtual cards. Five partner banks onboard;...
• Benin’s FeexPay and Côte d’Ivoire’s Cinetpay receive BCEAO payment service licenses• Both firms expand their reach across West and Central Africa with...
• Benin unveils green finance framework to mobilize funds for climate initiatives• Ten priority sectors include renewable energy, transport, water, and...
• Niger seeks IMF technical aid for governance, transparency.• IMF notes corruption, urges oil sector reforms.• Strong 2024 GDP growth (10.3%), 2025...
• Casablanca-listed firms post $18B revenue, up 7% in H1 2025• Banking, construction, and healthcare sectors drive growth• IMF forecasts...

Most Read
01

Zenith Bank picks Côte d’Ivoire for $90M debut into Francophone Africa, confirming ambition t...

Zenith Bank Moves to the WAEMU/CEMAC  $92.4 Billion Loan Book Appeal, When Half Seats Are Taken
02

• Benin’s FeexPay and Côte d’Ivoire’s Cinetpay receive BCEAO payment service licenses• Both firms ex...

WAEMU fintech industry strengthens with two new BCEAO regulatory approvals
03

Nigeria’s fintech landscape has undergone a seismic shift in recent years, driven largely by persist...

In Nigerian, Bank Technology Failures Pushed OPay and PalmPay to Leadership in Daily Payments
04

Niger’s economy grew 10.3% in 2024 and is projected to expand 6.6% in 2025. Yet non-performin...

Niger’s rapid growth shadowed by fragile banking sector
05

• WAEMU posts 0.9% deflation in July, second month in a row• Food, hospitality prices drop; alcohol,...

WAEMU Region Records Second Straight Month of Deflation, at -0.9% in July 
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