Cote d'Ivoire: NSIA Banque to Distribute $34m to Shareholders After Profit Growth

NSIA Banque Côte d'Ivoire (BRVM: NSBC) plans to distribute CFA19 billion ($33.5 million) in dividends for 2025 after reporting higher profit and continued balance-sheet… Read more »

Ghana: Ghana's Kasapreko IPO Oversubscribed 146 Percent Ahead of Gse Listing

Kasapreko drew GH¢1.72 billion, or about $150 million, in its initial public offering, more than double its target, as Ghana's stock-market rally draws companies and investors… Read more »

East Africa: Kenya's Family Bank Gets Approval for Nairobi Listing

Family Bank received approval from Kenya's Capital Markets Authority to list on the Nairobi Securities Exchange on June 23, ending a 5-year push to go public. Read more »

Africa: Moniepoint's Monnify Processed $18b in Payments Last Year

Monnify processed ₦25 trillion, or about $18.3 billion, in transaction volume in 2025 as Nigerian businesses continued to rely on digital payment infrastructure. Read more »

Morocco: Agenz Raises $5m to Expand Morocco-Based Property Platform

Moroccan proptech startup Agenz raised $5 million to expand its real estate data and transaction platform. The round was backed by Breega, Attijariwafa Ventures and Saviu Ventures.… Read more »

Nigeria: Dangote Refinery Valued At $39b in Private Placement Ahead of IPO

Dangote Petroleum Refinery is seeking to raise about $1 billion through a private placement that values the company at $39.1 billion, according to an information memorandum seen by… Read more »

Africa: Yamify Gets Launch Africa Backing for AI Deployment Platform

Yamify secured funding from Launch Africa Ventures as part of its pre-seed round, giving the developer-first AI startup new capital to expand distribution. Read more »

South Africa: Redpoint Advisors Buys South African Intelligence Firm Voxcroft

South African open-source intelligence company VoxCroft Analytics has been acquired by US-based Redpoint Advisors in a deal aimed at strengthening intelligence and risk-analysis… Read more »

Africa: Aethexai Raises $3m for Voice Ai in Africa and Middle East

AethexAI raised $3 million in pre-seed funding to build voice AI systems for enterprises in Africa and the Middle East, where customer support still depends heavily on phone calls. Read more »

South Africa: Canal+ Becomes First French Company to List in Johannesburg

Canal+ rose in its Johannesburg Stock Exchange debut after the French media group completed its acquisition of MultiChoice, giving South African investors exposure to the enlarged… Read more »

Cote d'Ivoire: SODECI Hits Highest Share Price in Decade As BRVM Opens Week Higher

The Regional Stock Exchange, BRVM, opened the week higher, with its main indices ending in positive territory as buyers returned to selected large-cap stocks. Read more »

Congo-Brazzaville: BGFI Holding Posts 9 Percent Profit Growth After BVMAC Listing

BGFI Holding Corporation reported higher earnings for 2025 after joining the Central African stock exchange, confirming its position as the largest listed company on the BVMAC by… Read more »

Cameroon: SEMC Profit Rises As Cameroon Bottler Plans Dividend

Société des Eaux Minérales du Cameroun, a bottled-water producer listed on the Central African stock exchange, reported higher profit for 2025 and plans to pay… Read more »

Cote d'Ivoire: Vivo Energy Profit Rises 13 Percent in 2025 but Aviation Slump Clouds Q1

Vivo Energy Cote d'Ivoire (BRVM: SHEC) grew its 2025 net profit 13% to 6.03 billion FCFA ($10.8m), helped by a 5% rise in volumes -- particularly in butane and lubricants -- and a… Read more »

Cote d'Ivoire: Nestle Cote d'Ivoire Cuts Dividend in Half Despite Profit Growth

Nestle Cote d'Ivoire (BRVM: NTLC) grew revenue 6% to 233.3 billion FCFA ($416.9m) in 2025 and nudged net profit up to 18.4 billion FCFA ($32.9m), but handed shareholders roughly… Read more »

Benin: Illegal Gamblers Are Beating Benin's State Lottery At Its Own Game

Benin's state lottery operator (BRVM: LNBB) posted a 36% fall in net profit in 2025 and the company's management was unusually candid about why: unlicensed competitors are winning. Read more »

West Africa: Tractafric Motors Completes Turnaround As Ivorian Truck Demand Returns

Tractafric Motors Cote d'Ivoire extended its recovery in 2025, posting a net profit of 2.37 billion FCFA ($4.2m) on revenue that rose 9% to 81.1 billion FCFA ($145m). Two years… Read more »

Cote d'Ivoire: Ivorian Tobacco Maker Sitab Sees Higher Revenue, Lower Profits in 2025

Societe Ivoirienne des Tabacs (BRVM: STBC) posted higher revenue but lower profits in 2025, as a steep rise in excise duties ate into margins -- and then distributed virtually… Read more »

West Africa: West Africa's Sole Bitumen Maker Posts Best Profit in Years

Societe Multinationale de Bitumes, the only bitumen producer in West Africa, posted a net profit of 13.1 billion FCFA ($23.4m) in 2025 -- a 50% increase -- as road construction… Read more »

Cote d'Ivoire: BICICI Posts 30 Percent Profit Jump As Deposits Surge in First Quarter

BICICI, the Abidjan-based commercial bank and local unit of BNP Paribas, delivered one of the strongest profit performances among BRVM-listed banks in the first quarter of 2026,… Read more »

Morocco: Onatel Grows Revenue but Costs Keep Profits Under Pressure

ONATEL (BRVM: ONTBF), the Burkina Faso telecom operator that trades as Moov Africa and is 61% owned by Morocco's Maroc Telecom, grew its customer base and revenue in the first… Read more »

Togo: Togo-Based Ecobank Group Posts Record Q1 Revenue

Ecobank Transnational Incorporated (BRVM: ETIT), the pan-African banking group listed in Lomé, delivered its strongest first-quarter revenue on record, with net banking… Read more »

Cote d'Ivoire: Ecobank Ci Grows Q1 Revenue but Rising Risk Costs Weigh On Profit

Ecobank Côte d'Ivoire (BRVM: ECOC) started 2026 with net banking income growing 3.7% to 30.8 billion FCFA ($55.1 million), a solid top-line performance in a market where the… Read more »

Senegal: TotalEnergies Senegal Profit Grows Despite Pump Price Cut

TotalEnergies Marketing Senegal, the BRVM-listed fuel retailer and 69.1% subsidiary of TotalEnergies, posted net profit of 1.59 billion FCFA ($2.8 million) in the first quarter of… Read more »

Togo: Oragroup Grows Profit 37 Percent As Cost Controls Offset Revenue Dip

Oragroup, the Lomé-based pan-African banking group listed on the BRVM, reported net profit of 6.6 billion FCFA ($11.8 million) in the first quarter of 2026, up 37% from 4.8… Read more »