The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the BCEAO and ECOWAS financial systems.
Ministers from...
BEAC forecasts a gradual rebound in CEMAC foreign reserves from 2026 onward
Reserves are projected to exceed CFA7,000 billion, or more...
BEAC forecasts a gradual rebound in CEMAC foreign reserves from 2026 onward
Reserves are projected to exceed CFA7,000 billion, or more...
Sector revenue rose 6.2% after a contraction in the previous quarter
International transfers led growth, especially flows outside CEMAC
User...
Sector revenue rose 6.2% after a contraction in the previous quarter
International transfers led growth, especially flows outside CEMAC
User...
The International Monetary Fund (IMF) said its Executive Board has approved the immediate disbursement of $442.4 million to the Democratic Republic...
The International Monetary Fund (IMF) said its Executive Board has approved the immediate disbursement of $442.4 million to the Democratic Republic...
Five-year reserve-based facility signed in Abuja on December 20
Funding combines debt refinancing with new capital for upstream growth
Output...
Five-year reserve-based facility signed in Abuja on December 20
Funding combines debt refinancing with new capital for upstream growth
Output...
Fitch lowered Gabon’s sovereign rating to CCC- amid rising fiscal stress
Payment arrears reached CFA443.6 billion by October 2025, up sharply from...
Fitch lowered Gabon’s sovereign rating to CCC- amid rising fiscal stress
Payment arrears reached CFA443.6 billion by October 2025, up sharply from...
Central bank launches project for real-time transfers across banks and mobile wallets
System aims to speed government payments and improve business...
Central bank launches project for real-time transfers across banks and mobile wallets
System aims to speed government payments and improve business...
Nigeria plans to finance a record ₦23.85tn deficit ($15.9bn) domestically in 2026, keeping sovereign yields high and prospectively, boosting banks’...
Nigeria plans to finance a record ₦23.85tn deficit ($15.9bn) domestically in 2026, keeping sovereign yields high and prospectively, boosting banks’...
Standard Chartered finalized a FCFA 51.7 billion ($86 million) loan to build rubber and palm oil factories for the state-owned CDC.
Repayment is...
Standard Chartered finalized a FCFA 51.7 billion ($86 million) loan to build rubber and palm oil factories for the state-owned CDC.
Repayment is...
Nigeria’s SEC approves FCMB-TLG Private Debt Fund Series II launch
Fund targets ₦20 billion for corporate debt to mid-sized firms
Strategy focuses on...
Nigeria’s SEC approves FCMB-TLG Private Debt Fund Series II launch
Fund targets ₦20 billion for corporate debt to mid-sized firms
Strategy focuses on...
Public debt rose to CFA8,606.6 billion by end-October 2025
Domestic debt now exceeds CFA4,391 billion, driven by regional markets
Debt arrears...
Public debt rose to CFA8,606.6 billion by end-October 2025
Domestic debt now exceeds CFA4,391 billion, driven by regional markets
Debt arrears...
Togolese banks granted CFA903 billion in new loans by end-September 2025, up 22% year on year.
The National Credit Council cited sustained...
Togolese banks granted CFA903 billion in new loans by end-September 2025, up 22% year on year.
The National Credit Council cited sustained...
Ecobank and Coris Bank dominate WAEMU public securities market
Ecobank leads largest, liquid markets; Coris strong in Sahelian states
Banks...
Ecobank and Coris Bank dominate WAEMU public securities market
Ecobank leads largest, liquid markets; Coris strong in Sahelian states
Banks...
While Burkina Faso, Mali and Niger remain legally members of the West African Economic and Monetary Union (WAEMU), financial markets are beginning to tell...
While Burkina Faso, Mali and Niger remain legally members of the West African Economic and Monetary Union (WAEMU), financial markets are beginning to tell...
Cameroon microfinance institutions earned CFA5.24 billion in net profit in 2024.
Net profit rose 54.5% year on year, according to Cobac.
Cameroon...
Cameroon microfinance institutions earned CFA5.24 billion in net profit in 2024.
Net profit rose 54.5% year on year, according to Cobac.
Cameroon...
President authorizes new buyer credit to expand national video surveillance
Loan complements earlier financing from CITIC Bank and Bank of...
President authorizes new buyer credit to expand national video surveillance
Loan complements earlier financing from CITIC Bank and Bank of...
Swedfund commits $20 million to Helios CLEAR climate fund
Investment targets low-carbon sectors and climate adaptation in Africa
Move aims to...
Swedfund commits $20 million to Helios CLEAR climate fund
Investment targets low-carbon sectors and climate adaptation in Africa
Move aims to...
Reopens November 2025 eurobond to raise an additional $260 million
Original bond carries a 9.875% coupon and matures in November...
Reopens November 2025 eurobond to raise an additional $260 million
Original bond carries a 9.875% coupon and matures in November...
By Pierre-Samuel Guedj, impact investing and CSR expert in Africa, President of Affectio Mutandi and Chair of the CSR & SDGs Commission of the French...
By Pierre-Samuel Guedj, impact investing and CSR expert in Africa, President of Affectio Mutandi and Chair of the CSR & SDGs Commission of the French...
Nigeria’s central bank revokes licences of Aso Savings, Union Homes
CBN cites persistent regulatory breaches, undercapitalisation, governance...
Nigeria’s central bank revokes licences of Aso Savings, Union Homes
CBN cites persistent regulatory breaches, undercapitalisation, governance...
Budgetary tensions in Senegal have renewed concerns about banking contagion within the West African Economic and Monetary Union (WAEMU). Despite a sharp...
Budgetary tensions in Senegal have renewed concerns about banking contagion within the West African Economic and Monetary Union (WAEMU). Despite a sharp...
Fund will support start-ups in maritime and blue economy sectors
Launch planned at Lagos blue economy investment summit in March 2026
Initiative...
Fund will support start-ups in maritime and blue economy sectors
Launch planned at Lagos blue economy investment summit in March 2026
Initiative...
The African Development Bank secured $11 billion in pledges to replenish the African Development Fund.
The amount rose from the previous cycle...
The African Development Bank secured $11 billion in pledges to replenish the African Development Fund.
The amount rose from the previous cycle...
Gabon insurance turnover rebounds 72.3% in second quarter 2025
Recovery driven by construction, mining, life and non-life growth
Claims surge...
Gabon insurance turnover rebounds 72.3% in second quarter 2025
Recovery driven by construction, mining, life and non-life growth
Claims surge...
Afreximbank awards $250 million Egypt headquarters contract to Hassan Allam
Complex in New Administrative Capital to house global HQ,...
Afreximbank awards $250 million Egypt headquarters contract to Hassan Allam
Complex in New Administrative Capital to house global HQ,...
Ten banks showed a net capital deficit of CFA247.3 billion in 2024
Nearly 40% of banks failed to meet all capital prudential...
Ten banks showed a net capital deficit of CFA247.3 billion in 2024
Nearly 40% of banks failed to meet all capital prudential...
Banks’ exposure to sovereign risk rose to 32% of total assets in 2024
48.8% of banks’ treasury assets were invested in public securities
Cameroon,...
Banks’ exposure to sovereign risk rose to 32% of total assets in 2024
48.8% of banks’ treasury assets were invested in public securities
Cameroon,...
Carrefour to enter Ghana retail market in 2026 via franchise
Shoprite Ghana stores to be rebranded Carrefour from April 2026
Plan includes opening...
Carrefour to enter Ghana retail market in 2026 via franchise
Shoprite Ghana stores to be rebranded Carrefour from April 2026
Plan includes opening...
BEAC raises key interest rates to support CFA franc
Policy rate lifted to 4.75% amid falling foreign reserves
Shift reverses earlier easing criticised...
BEAC raises key interest rates to support CFA franc
Policy rate lifted to 4.75% amid falling foreign reserves
Shift reverses earlier easing criticised...
African companies raised about $220 billion in equity on local stock markets over the past 25 years
Equity market capitalization rose...
African companies raised about $220 billion in equity on local stock markets over the past 25 years
Equity market capitalization rose...
Shelter Afrique Development Bank named Lionel Zinsou as board chair on December 15.
He replaces Dr Chii Akporji, with Said Athman Mtwana appointed vice...
Shelter Afrique Development Bank named Lionel Zinsou as board chair on December 15.
He replaces Dr Chii Akporji, with Said Athman Mtwana appointed vice...
WAEMU foreign exchange reserves rose to about $33 billion by end-October 2025.
Import cover increased to six months from 3.8 months in...
WAEMU foreign exchange reserves rose to about $33 billion by end-October 2025.
Import cover increased to six months from 3.8 months in...
CardinalStone Capital Advisers plans to raise $120 million for its second SME-focused fund in West Africa.
The International Finance...
CardinalStone Capital Advisers plans to raise $120 million for its second SME-focused fund in West Africa.
The International Finance...
CBK rates' cuts to 9.0%, is ending the 'rentier' era. Banks must now pivot from risk-free state bonds to private lending as inflation...
CBK rates' cuts to 9.0%, is ending the 'rentier' era. Banks must now pivot from risk-free state bonds to private lending as inflation...
Bilateral trade surged 80% to hit $143m in 10 months, while Al Mana Holding committed $200m to a sustainable aviation fuel plant in...
Bilateral trade surged 80% to hit $143m in 10 months, while Al Mana Holding committed $200m to a sustainable aviation fuel plant in...
EBRD approves €30 million loan to Benin’s state electricity utility
Funding targets rural electrification, connecting 120,000 households...
EBRD approves €30 million loan to Benin’s state electricity utility
Funding targets rural electrification, connecting 120,000 households...
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