West Africa: Bceao Extends Deadline for Waemu Instant Payment Platform

The Central Bank of West African States extended the deadline for banks, electronic money issuers, payment institutions and some microfinance institutions to connect to WAEMU's… Read more »

Cote d'Ivoire: Ivory Coast Completes IMF Program As Debt Risk Falls

Ivory Coast completed its economic program with the International Monetary Fund and was reclassified as being at low risk of debt distress, becoming the only sub-Saharan African… Read more »

Nigeria: Nigeria SEC Halts Dangote Refinery IPO Promotions

Nigeria's Securities and Exchange Commission ordered an immediate stop to promotional campaigns linked to a claimed public offering of Dangote Refinery shares, saying no IPO… Read more »

Senegal: Senegal Opens Door to Debt Renegotiation Amid New IMF Talks

Senegal has opened the door to talks with creditors after 2 years of insisting it would repay its debt in full, marking a shift as the country seeks a new deal with the… Read more »

Niger: Niger Launches Tomato Irrigation Project With €3m Italian Support

Niger launched a small-scale irrigation project to support tomato production, processing and food security in 3 regions. The project is financed by Italian cooperation with €3… Read more »

Ghana: Ghana Plans $3.5b Oil and Gas Investment Push

Ghana plans to attract $3.5 billion in oil and gas investment as the country seeks to reverse 6 years of declining production and strengthen energy security. Read more »

Ghana: Ghana Signs $349m Deal for Aluminium Mill

Ghana signed an agreement with Danieli & C. Officine Meccaniche SpA for a €300 million aluminium sheet rolling mill, as the country seeks to process more of its bauxite… Read more »

Cote d'Ivoire: Ivory Coast Plans to Revive Diamond Production

Ivory Coast plans to restart diamond production in Séguéla, a former mining hub in the country's northwest, as the government seeks to revive a sector that has been… Read more »

Cote d'Ivoire: BRVM Stocks Extend Rally As Trade Volumes More Than Double

The BRVM extended its gains for a second straight week, with all main equity indices rising as buyers remained active across the regional market. The benchmark Composite rose 1.57%… Read more »

Nigeria: Paystack Launches Programme to Back Small Businesses in Nigeria

Paystack launched a small business programme in Nigeria to help merchants access tools, services and funding support as they grow. Read more »

Nigeria: Dangote Refinery Seeks $1b in Private Debt Sale

Dangote Petroleum Refinery is seeking to raise as much as $1 billion through a private debt sale to foreign investors as it expands production and funding plans. Read more »

Nigeria: Flutterwave Raises Series E At $3.25b Valuation

Flutterwave raised a Series E round at a $3.25 billion valuation after receiving an equity investment from Ripple, the US blockchain payments company. Read more »

Nigeria: Nigeria Inflation Quickens As Middle East War Drives Fuel Costs

Nigeria's inflation rate rose less than expected in May, strengthening the case for possible interest-rate cuts later this year if global energy prices keep falling. Consumer… Read more »

Nigeria: Stablecoins Become Growing Cross-Border Channel in Nigeria

Stablecoins are becoming a major cross-border payment channel in Nigeria as households and small businesses use dollar-linked digital tokens to move money faster and at lower cost. Read more »

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 »

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 »

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 »