Ivorian Minister of Digital Transition Kalil Konaté met with a delegation from the French Development Agency (AFD) on March 17 to discuss future collaboration on the country’s growing digital landscape. The meeting, led by Haye Adrien, AFD’s director in Abidjan, focused on key projects aimed at shaping the nation's digital future. Main points include the development of digital...

The Democratic Republic of Congo has imposed quotas on cobalt production and stockpiles accumulated during the four-month export suspension initiated in February 2025. Prime Minister Judith Suminwa Tuluka announced this decision on March 14 during a Council of Ministers meeting. As noted by Bankable.africa, the quotas will affect cobalt exports and local processing. The government did not...

The Ivorian government continues to maintain investor confidence. Just days ago, it completed a bond exchange worth $746.7 million on the WAEMU market. Côte d’Ivoire has raised CFA147.7 billion (about $244 million) from the regional financial market, reaffirming strong investor interest despite rising borrowing costs. During the March 18 auction, yields on three-year bonds climbed...

In recent years, the Ivorian government has introduced several measures to protect household purchasing power and curb the rising cost of living. According to the National Statistics Agency, per capita gross disposable income reached CFA1.03 million in 2022. Household purchasing power in Côte d’Ivoire grew by 22.2% between 2015 and 2022, according to the National Statistics Agency (Anstat)....

Eyes are on French authorities to see how they handle this complaint. In two of the five cases, one was dismissed, and the other led to a settlement. The plaintiffs want what they consider stolen funds to be returned to the African communities affected. A coalition of 11 non-governmental organizations from five African countries has filed a complaint in France against the Bolloré Group,...

The operation, which aimed for about CFA 400 billion, exceeded expectations. Côte d'Ivoire has successfully completed a CFA 450 billion ($746.7 million) bond exchange on the West African Economic and Monetary Union (WAEMU) market. The operation, which exceeded the initial CFA 400 billion target, was designed to reschedule part of the country’s 2025 debt payments by offering investors new...

The IMF notes that the measures introduced under the RSF program will help Morocco better manage its limited water resources, further open up the electricity sector, and address the climate risks threatening the country's fiscal stability and financial system. The International Monetary Fund (IMF) approved yesterday a $496 million loan for Morocco. This loan is part of a larger $1.3...

The merger is expected to be finalized in 2025, pending approval from the relevant authorities. Attijariwafa Bank is merging with its real estate subsidiary, Borj Attijari, in a move to streamline its business. The bank, which fully owns Borj Attijari, announced the decision on March 18 following board approval on March 10. Borj Attijari focuses on developing office towers and commercial...

On Tuesday, March 11, Yemen’s Houthi rebels said they would start attacking Israeli ships in the Red Sea again. They vowed to continue until Gaza’s border crossings reopen and humanitarian aid is allowed in. This could cause more disruptions to maritime traffic. Egypt is losing about $800 million in monthly revenue from the Suez Canal due to rising tensions, President Abdel-Fattah...

The Malagasy government has announced plans to connect more than 1,600 villages to telecommunications services in partnership with Chinese tech giant Huawei. This initiative is aimed at speeding up the country’s digital transformation. The project was revealed last week by Stéphanie Delmotte, the Minister of Digital Development, Posts, and Telecommunications, during a meeting with...