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...
This decline stands in sharp contrast to the average share of funding received by the sector between 2017 and 2023. Africa, however, remains a land of...
This decline stands in sharp contrast to the average share of funding received by the sector between 2017 and 2023. Africa, however, remains a land of...
Africa Global Logistics (AGL) announces the signing by its subsidiary Congo Terminal of a financing agreement of 150,880,000,000 CFA francs (equivalent to...
Africa Global Logistics (AGL) announces the signing by its subsidiary Congo Terminal of a financing agreement of 150,880,000,000 CFA francs (equivalent to...
When Bola Tinubu came to power in 2023, he promised to strengthen transparency and intensify the fight against embezzlement, but the challenges remain...
When Bola Tinubu came to power in 2023, he promised to strengthen transparency and intensify the fight against embezzlement, but the challenges remain...
These investments will be spread across 13 African countries, including Benin, Cameroon, Congo, Côte d’Ivoire, Eswatini, Ghana, Liberia, Nigeria, Rwanda,...
These investments will be spread across 13 African countries, including Benin, Cameroon, Congo, Côte d’Ivoire, Eswatini, Ghana, Liberia, Nigeria, Rwanda,...
Fuel pump prices vary a lot within the West African Economic and Monetary Union (WAEMU). The latest data from the regional central bank (BCEAO) places...
Fuel pump prices vary a lot within the West African Economic and Monetary Union (WAEMU). The latest data from the regional central bank (BCEAO) places...
The public offering of BIIC shares allows the Beninese government to raise significant funds while scaling back its stake in the bank. The shares will be...
The public offering of BIIC shares allows the Beninese government to raise significant funds while scaling back its stake in the bank. The shares will be...
The quest to broaden the scope of interventions by the Fund for Export-Development in Africa (FEDA), African Export-Import Bank’s (Afreximbank)...
The quest to broaden the scope of interventions by the Fund for Export-Development in Africa (FEDA), African Export-Import Bank’s (Afreximbank)...
In a significant move aimed at boosting industrial development across Africa, African Export-Import Bank (Afreximbank) signed a US$450 million global...
In a significant move aimed at boosting industrial development across Africa, African Export-Import Bank (Afreximbank) signed a US$450 million global...
AXIAN Energy Green strengthens its environmental commitment by obtaining a C score for its first reporting exercise with the Carbon Disclosure Project...
AXIAN Energy Green strengthens its environmental commitment by obtaining a C score for its first reporting exercise with the Carbon Disclosure Project...
BII and Ghana International Bank (GHIB) have announced a partnership to finance cross-border trade in Sierra Leone, Liberia, Gambia, Benin, the DRC,...
BII and Ghana International Bank (GHIB) have announced a partnership to finance cross-border trade in Sierra Leone, Liberia, Gambia, Benin, the DRC,...
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