• Mediterrania Capital Partners finalizes full sale of its 10.5% stake in Akdital.• Exit comes after Akdital’s strong financial growth and a major capital...
• European Investment Bank commits $60 million to LeapFrog Investments to expand access to green tech in emerging markets• The funding targets...
• European Investment Bank commits $60 million to LeapFrog Investments to expand access to green tech in emerging markets• The funding targets...
• The government raised CFA454.2 billion ($790 million) on April 22 through the WAEMU regional debt market• The auction covered seven bond maturities,...
• The government raised CFA454.2 billion ($790 million) on April 22 through the WAEMU regional debt market• The auction covered seven bond maturities,...
• WAEMU's economy is projected to grow by 6.5% in Q2 2025, driven by agriculture and a stable services sector.• Despite the overall growth, the...
• WAEMU's economy is projected to grow by 6.5% in Q2 2025, driven by agriculture and a stable services sector.• Despite the overall growth, the...
Manzima Holding, controlled by the Diagou family, now owns nearly 69% of NSIA Participations.
The shift follows the purchase of shares from the...
Manzima Holding, controlled by the Diagou family, now owns nearly 69% of NSIA Participations.
The shift follows the purchase of shares from the...
Mali is preparing to activate its long-dormant sovereign investment fund.
The country is drawing on Burkina Faso’s experience to guide the...
Mali is preparing to activate its long-dormant sovereign investment fund.
The country is drawing on Burkina Faso’s experience to guide the...
Ecobank Côte d'Ivoire plans to raise up to CFA30 billion ($52 million) to support its operations
The funding will take the form of loans, issued...
Ecobank Côte d'Ivoire plans to raise up to CFA30 billion ($52 million) to support its operations
The funding will take the form of loans, issued...
African-based investors accounted for 31% of all VC backers in 2024, up from 29% the year before
Total venture capital activity in Africa dropped...
African-based investors accounted for 31% of all VC backers in 2024, up from 29% the year before
Total venture capital activity in Africa dropped...
Senegal says it will need CFA1.195 trillion ($2.06 billion) to finance its 2025 budget.
Government plans to cut this need to CFA155 billion by...
Senegal says it will need CFA1.195 trillion ($2.06 billion) to finance its 2025 budget.
Government plans to cut this need to CFA155 billion by...
• Africa had 577 hotels under development in early 2025, up 13.3% from the same period last year.• North Africa drove most of the growth, with a 23% YOY...
• Africa had 577 hotels under development in early 2025, up 13.3% from the same period last year.• North Africa drove most of the growth, with a 23% YOY...
BCEAO has ended its special accounting treatment for Niger’s government bonds, effective April 15, 2025.
This move threatens banks in the West...
BCEAO has ended its special accounting treatment for Niger’s government bonds, effective April 15, 2025.
This move threatens banks in the West...
Senegal closed its latest bond issue two weeks early after pulling in CFA405 billion, well above its CFA150 billion goal.
The strong demand comes...
Senegal closed its latest bond issue two weeks early after pulling in CFA405 billion, well above its CFA150 billion goal.
The strong demand comes...
• The five-year facility aims to boost lending to underserved small businesses.• Senegal’s Islamic Bank would expand its sharia-compliant financing.• The...
• The five-year facility aims to boost lending to underserved small businesses.• Senegal’s Islamic Bank would expand its sharia-compliant financing.• The...
• Burkina Faso raised 40.35 billion CFA ($67 million) in a recent bond auction but had to accept high interest rates.• Investor confidence is shaken...
• Burkina Faso raised 40.35 billion CFA ($67 million) in a recent bond auction but had to accept high interest rates.• Investor confidence is shaken...
• Somalia has secured a debt relief agreement worth $306.5 million with the Arab Monetary Fund (AMF).• The agreement aims to ease Somalia's...
• Somalia has secured a debt relief agreement worth $306.5 million with the Arab Monetary Fund (AMF).• The agreement aims to ease Somalia's...
• Afreximbank successfully raised 2.2 billion yuan (around $303 million) with a bond issuance on the Chinese market, showcasing African...
• Afreximbank successfully raised 2.2 billion yuan (around $303 million) with a bond issuance on the Chinese market, showcasing African...
• Africa processed 65% of global mobile money transaction value last year, or $1.1 trillion.
• The continent also led in volume, accounting...
• Africa processed 65% of global mobile money transaction value last year, or $1.1 trillion.
• The continent also led in volume, accounting...
Movis CI will delist from the West African regional stock exchange following sustained financial losses.
The company’s majority shareholder is...
Movis CI will delist from the West African regional stock exchange following sustained financial losses.
The company’s majority shareholder is...
• Commercial banks in Kenya earned record profits in 2024 but are still urging the central bank to lower interest rates.• Loan costs remain high for...
• Commercial banks in Kenya earned record profits in 2024 but are still urging the central bank to lower interest rates.• Loan costs remain high for...
• The West African Economic and Monetary Union (WAEMU) faces rising liquidity costs despite a stable official interest rate.• Banks across the region are...
• The West African Economic and Monetary Union (WAEMU) faces rising liquidity costs despite a stable official interest rate.• Banks across the region are...
(Ecofin Agency)
United Bank for Africa (UBA) saw profits from its CFA zone subsidiaries (UEMOA and CEMAC) surge by 166% in 2024,...
(Ecofin Agency)
United Bank for Africa (UBA) saw profits from its CFA zone subsidiaries (UEMOA and CEMAC) surge by 166% in 2024,...
The West African Development Bank (BOAD) is providing $82.5 million to Niger to stabilize Sonibank, a key public bank facing financial...
The West African Development Bank (BOAD) is providing $82.5 million to Niger to stabilize Sonibank, a key public bank facing financial...
Senegal launches a $247 million bond issue on the regional market as access to international financing narrows.
The IMF has suspended...
Senegal launches a $247 million bond issue on the regional market as access to international financing narrows.
The IMF has suspended...
Access to electricity remains a major challenge across Africa. To address this, various initiatives have been implemented to improve access to reliable...
Access to electricity remains a major challenge across Africa. To address this, various initiatives have been implemented to improve access to reliable...
Côte d'Ivoire raises CFA 220 billion in international bond, first for an African state
Interest rates lower than regional market, highlighting foreign...
Côte d'Ivoire raises CFA 220 billion in international bond, first for an African state
Interest rates lower than regional market, highlighting foreign...
(Ecofin Agency)
Nigeria sets up $650 million fund for affordable housing
World Bank provides concessional loan to support...
(Ecofin Agency)
Nigeria sets up $650 million fund for affordable housing
World Bank provides concessional loan to support...
The Central Bank of Central Africa is easing its monetary policy to support the recovery, despite IMF warnings about macroeconomic fragility and ongoing...
The Central Bank of Central Africa is easing its monetary policy to support the recovery, despite IMF warnings about macroeconomic fragility and ongoing...
Health, education, economic empowerment: In ten years, ACTIVA Foundation, created by the pan-African insurance group, has supported 50,000 women across...
Health, education, economic empowerment: In ten years, ACTIVA Foundation, created by the pan-African insurance group, has supported 50,000 women across...
On March 20, 2025, the West African Central Bank (BCEAO), through its COFEB training center, and the prestigious HEC Paris, launched the 2025 edition of...
On March 20, 2025, the West African Central Bank (BCEAO), through its COFEB training center, and the prestigious HEC Paris, launched the 2025 edition of...
This bond issuance strengthens the bank's ability to act, enabling it to expand its impact in low-income African countries, while maintaining a cautious...
This bond issuance strengthens the bank's ability to act, enabling it to expand its impact in low-income African countries, while maintaining a cautious...
The Ivorian government continues to maintain investor confidence. Just days ago, it completed a bond exchange worth $746.7 million on the WAEMU...
The Ivorian government continues to maintain investor confidence. Just days ago, it completed a bond exchange worth $746.7 million on the WAEMU...
The operation, which aimed for about CFA 400 billion, exceeded expectations.
Côte d'Ivoire has successfully completed a CFA 450 billion ($746.7 million)...
The operation, which aimed for about CFA 400 billion, exceeded expectations.
Côte d'Ivoire has successfully completed a CFA 450 billion ($746.7 million)...
The merger is expected to be finalized in 2025, pending approval from the relevant authorities.
Attijariwafa Bank is merging with its real estate...
The merger is expected to be finalized in 2025, pending approval from the relevant authorities.
Attijariwafa Bank is merging with its real estate...
Last year, Old Mutual achieved its strongest profit since 2019, but continues to struggle outside of South Africa. However, its alternative investment...
Last year, Old Mutual achieved its strongest profit since 2019, but continues to struggle outside of South Africa. However, its alternative investment...
Over the past few years, BOAD has significantly increased its commitment to Benin, "In just four years, BOAD has invested the equivalent of 30% of all the...
Over the past few years, BOAD has significantly increased its commitment to Benin, "In just four years, BOAD has invested the equivalent of 30% of all the...
Ecobank Côte d’Ivoire raised over CFA11 billion in just 48 hours through WAEMU’s first gender bond, with support from the IFC. The funds will be...
Ecobank Côte d’Ivoire raised over CFA11 billion in just 48 hours through WAEMU’s first gender bond, with support from the IFC. The funds will be...
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