Cote d'Ivoire: BRVM-Listed Vivo Energy Ci Plans Xof6b Dividend Payout

Vivo Energy Côte d'Ivoire plans to distribute CFA6.09 billion in dividends for 2025 after reporting higher profit and improved operating performance. Read more »

Cote d'Ivoire: BRVM Slips As Orange Cote d'Ivoire Weighs On Market

The BRVM opened the week lower, even as the broader market showed balance between gainers and decliners. Read more »

Senegal: Senegal Makes Early Bond Payments Before IMF Talks

Senegal made early payments on 2 foreign-currency bonds days before talks with the International Monetary Fund, as the government seeks to rebuild investor confidence after a… Read more »

Nigeria: Fairmoney Launches Asset Financing for Nigeria Mobility Entrepreneurs

Nigeria-based digital bank FairMoney has launched an asset financing product aimed at helping transport operators and delivery entrepreneurs acquire vehicles, expanding its push… Read more »

Senegal: BRVM Benchmark Index Hits New All-Time High

The BRVM ended the week higher even as public holidays reduced trading to 3 sessions and cut market activity. The BRVM Composite rose 1.07% to 425.54 points, a new record high,… Read more »

Mali: Moody's Cuts Mali Outlook to Negative On Security Deterioration

Moody's lowered its outlook on Mali's sovereign debt rating to "negative" from "stable" on May 29, 2026, while affirming the long-term issuer rating at Caa2 in both local and… Read more »

Cameroon: Alucam Cameroon Returns to Profit in 2025 After Record 23.8b Xof Loss

Cameroon Aluminum Company (Alucam), the country's sole primary aluminum producer founded in 1957, returned to profit in 2025 with a net income of 279.3 million XOF, reversing a… Read more »

Niger: Niger Secures Concessions From China's CNPC As Oil Output Stabilizes

Niger concluded new memoranda of understanding with Chinese partners on May 18, 2026, ending a year of tensions with China National Petroleum Corporation (CNPC), the world's… Read more »

Ghana: Bank of Ghana Blocks MTN Mobile Money Transfer Fee

The Bank of Ghana suspended a proposed 0.75% fee on mobile money-to-bank transfers by MTN Ghana's fintech unit, stopping the charge before it was set to take effect on June 1. Read more »

Nigeria: Nigeria's Smartcomply Expands to UK With AML Platform

Smartcomply is expanding into the UK with Adhere, its AI-powered anti-money laundering, know-your-customer and fraud-detection platform for African payment corridors. Read more »

Nigeria: Zipline Plans Nigeria Expansion to Reach 100m People

Zipline plans to build 12 more distribution centres in Nigeria as the drone logistics company seeks to expand from health-tech pilots into national medical supply infrastructure,… Read more »

Nigeria: Telecom Giants Airtel, Glo Resume Airtime Lending in Nigeria

Airtel and Globacom have resumed airtime lending in Nigeria after the country's consumer protection regulator suspended enforcement of digital lending rules that had disrupted the… Read more »

Nigeria: bPOWERd Expands Into Nigeria With Solar Battery Rental Service

bPOWERd has expanded into Nigeria with a solar battery rental service for homes and small businesses in Lagos, as rising fuel and electricity costs push more users toward off-grid… Read more »

Togo: IMF Reaches Agreement Key to $111m Disbursement With Togo

The International Monetary Fund reached a staff-level agreement with Togo on the third and fourth reviews of its Extended Credit Facility program, a step that could unlock a $110.8… Read more »

Cote d'Ivoire: Cie Côte d'Ivoire Leads BRVM Gains As Composite Index Rises 2.03%

Cie Côte d'Ivoire (Compagnie Ivoirienne d'Électricité) was the standout stock of the week ended May 22, 2026, surging 22.80% to 4,040 XOF after the BRVM-listed… Read more »

Africa: Togo Scraps Visa Requirement for African Nationals

Togo has removed visa requirements for all African nationals, allowing passport holders from the continent to enter the country for stays of up to 30 days. 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 »

Nigeria: AfDB Approves $200m Facility for Nigeria's Bank of Industry

The African Development Bank approved a $200 million financing facility for Nigeria's Bank of Industry (BOI) to expand access to long-term credit for companies in sectors tied to… 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 »

Cameroon: AGL Cameroon, Reasy Launch China Shipping Service for SMEs

Africa Global Logistics' Cameroon unit has partnered with REasy to launch a groupage shipping service for small businesses importing goods from China, as both companies seek to… Read more »

Niger: Nigerian Fintech Chimoney Shuts Down After Funding Shortfall

Chimoney, a Nigerian-founded fintech that built cross-border payment tools for businesses, has shut down after it failed to raise enough capital to keep operating. Read more »

Ghana: Fitch Lifts Ghana Credit Rating As Recovery Gains Ground

Fitch Ratings upgraded Ghana's sovereign credit rating to B from B- on May 8, giving the country another sign of recovery after its debt crisis. Read more »

Nigeria: S&p Upgrades Nigeria's Credit Rating for First Time Since 2012

S&P Global Ratings upgraded Nigeria's long-term foreign and local currency sovereign credit ratings to 'B' from 'B-' on May 15, 2026, with a stable outlook. The agency also… Read more »

Senegal: BRVM Benchmark Composite Index Rises for Fourth Straight Week

The BRVM equity market closed higher for the week ended May 15, 2026, with headline indices posting gains. The BRVM Composite rose 1.99% to 412.64 points and the BRVM 30 gained… Read more »

Africa: Lafarge Africa to Become Hbm Nigeria After Huaxin Takeover

Lafarge Africa Plc shareholders have approved a plan to rename the cement maker HBM Nigeria Plc, marking the formal shift to its new Chinese majority owner. Read more »