West Africa: Ivorian Lender BICICI Profit Jumps 39 Percent On Higher Revenue

BICICI, the Abidjan-based, BRVM-listed lender now owned by an Ivorian state consortium, posted a 39% jump in net profit for the year ended December 31, 2025 -- the clearest sign… Read more »

Cote d'Ivoire: Socgen Cote d'Ivoire Profit Holds Flat On Higher Credit Costs

Societe Generale Cote d'Ivoire (BRVM: SOGB) held net profit virtually unchanged in 2025, delivering XOF 101.4 billion ($181 million) against XOF 101.2 billion ($180.7 million) the… Read more »

Benin: BOA Benin Profit Jumps As Strong Revenues Mask Rising Bad Loans

Bank of Africa Benin posted a modest rise in net profit for the year ended December 31, 2025, but the headline masks a story of growing credit stress underneath -- bad loan… Read more »

Cote d'Ivoire: Alios Finance Launches $2.7m BRVM Public Offer to Shore Up Capital

Alios Finance Côte d'Ivoire has launched a CFA1.5 billion capital increase, about $2.7 million, through a public offering on the BRVM. The transaction will involve the… Read more »

Africa: Ecobank Group Posts Record Revenue As Africa's Macro Climate Turns

Ecobank Transnational Incorporated posted its best-ever full-year revenue in 2025, driven by loan growth, higher fees, and a more stable currency environment across sub-Saharan… Read more »

Ghana: Moody's Upgrades Ghana Outlook On Improving Financing Conditions

Moody's Ratings upgraded Ghana's outlook to positive from stable while affirming its long-term sovereign rating at Caa1, citing improving domestic financing conditions. Read more »

Cote d'Ivoire: Ecobank Côte d'Ivoire Proposes Higher Dividend After 10.5 Percent Profit Jump

Ecobank Côte d'Ivoire (BRVM: ECOC) reported net profit of 63.48 billion CFA francs, about $103 million, for 2025, up 10.45% from the previous year. Read more »

Cote d'Ivoire: Setao Narrows Loss in 2025 As Revenue More Than Doubles

SETAO -- Société d'Etudes et de Travaux pour l'Afrique de l'Ouest (BRVM: STAC), a Bouygues Bâtiment International unit listed in Abidjan since 1998, posted a… Read more »

Nigeria: Dangote Plans Pan-African IPO for Refinery in Landmark Listing

Aliko Dangote plans to list shares of the Dangote Refinery across multiple African stock exchanges, in what could become one of the largest and most complex equity offerings on the… Read more »

West Africa: Zenith Bank Enters Francophone West Africa With New Côte d'Ivoire Unit

Zenith Bank will launch its Côte d'Ivoire subsidiary on April 29, marking its entry into Francophone West Africa and one of the region's largest banking markets. Read more »

Egypt: Egypt Inflation Jumps to 13.5% On Food, Transport Costs

Egypt's annual inflation rate rose to 13.5% in March from 11.5% in February, driven by higher food and transport costs, according to CAPMAS. Read more »

Morocco: Casablanca Exchange Launches Futures Market in Derivatives Push

Bourse de Casablanca has launched a futures market and a central clearing house, introducing new infrastructure aimed at improving risk management and liquidity in Morocco's… Read more »

Mozambique: Mozambique Clears $700m IMF Debt Ahead of Schedule

Mozambique has repaid about $700 million to the International Monetary Fund ahead of schedule, eliminating all outstanding credit with the institution. IMF data shows the… Read more »

Africa: African Assets Outperform Emerging Markets Amid Iran War Tensions

African assets have outperformed broader emerging markets since the start of the Iran conflict, challenging perceptions of the continent as a high-risk investment destination.… Read more »

Burkina Faso: Onatel Burkina Faso Profit Falls 26% in 2025 As Costs Squeeze Margins

Office National des Télécommunications du Burkina Faso (BRVM: ONTBF), operating under the Moov Africa brand and 61% owned by Morocco's Maroc Telecom, posted a net… Read more »

South Africa: FirstRand Issues $149m Ecological Restoration Bond in Global First

FirstRand Ltd. sold a 2.5 billion rand bond, about $149 million, that ties investor returns to environmental outcomes in a Cape Town water catchment. Read more »

Ghana: Ghana Inflation Cools Again Despite Oil Price Pressures

Ghana's annual inflation rate eased to 3.2% in March from 3.3% in February, marking a 15th straight month of decline, according to data released by the national statistics office. Read more »

Nigeria: Dangote Targets $40b Expansion to Scale Refining, Fertilizer Output

Dangote Group plans to invest at least $40 billion over the next 5 years to expand its refinery and fertilizer operations, as part of a strategy to scale production and reduce… Read more »

Congo-Kinshasa: DR Congo Raises $1.25b in First-Ever Eurobond Sale

Democratic Republic of Congo raised $1.25 billion in its first international bond sale, taking advantage of improved global market conditions following a pause in geopolitical… Read more »

West Africa: Nigeria Seeks $5b Swap Deal With UAE Lender to Cut Borrowing Costs

Nigeria plans to raise $5 billion through a derivatives transaction with First Abu Dhabi Bank, as it looks for lower-cost funding amid rising global yields. Lawmakers approved… Read more »

Africa: Governments Push for Increased Local Control of Africa's Gold

Gold Fields Ltd.'s Damang mine in Ghana is at the center of a policy shift as the government moves to increase local ownership in the gold sector. The state will take over the mine… Read more »

East Africa: Kenya Revives Delayed Tech Hub With Fresh $26m Funding

Kenya Industrial Research and Development Institute's stalled techno-centre in Nairobi has been revived with new funding and a new contractor, extending delays on a project first… Read more »

Kenya: Kenya Mobile Subscriptions Rise to 51.4m As Growth Shifts to Usage

Communications Authority of Kenya said mobile subscriptions rose by 9 million to 51.36 million in the year to December 2025, up from 42.30 million the previous year. Read more »

Ghana: MTN Completes Ghana Mobile Money Spinoff to Scale Fintech Unit

MTN Group has completed the separation of its mobile money business in Ghana, as it moves to position fintech as a standalone growth unit. The company said its Ghana subsidiary,… Read more »

Kenya: Safaricom Moves M-Pesa Users to Unified App in Consolidation Push

Safaricom has begun migrating users from its standalone M-PESA app to a new platform, My OneApp, as it consolidates services and strengthens its position in Kenya's digital finance… Read more »