Innovation and Financial Inclusion in Côte d’Ivoire: CDC-CI Takes a Stake in a Fintech

The Caisse des Dépôts et Consignations of Côte d’Ivoire (CDC-CI) has acquired an equity stake in Green-Pay, alongside Orange Côte d’Ivoire Participations, with the aim of strengthening innovation and financial inclu...

Côte d’Ivoire Cocoa Sector Faces Serious Crisis Amid Multinational Pressure

The cocoa sector in Côte d’Ivoire is currently facing a severe situation that once again exposes the deep imbalance of power between the Coffee-Cocoa Council (CCC), local producers, and Western multinational corporations controlling cocoa e...

UBA Group Raises Capital to CFAF 195 Billion in Line with Central Bank of Nigeria Requirements

United Bank for Africa (UBA) has successfully completed a major new phase of its recapitalization process. The Nigerian banking group raised ₦178.3 billion (approximately CFAF 69.5 billion) through a rights issue that closed on 19 September 2025. Published on Jan 12, 2026

WAEMU: Banking Liquidity Contracts to CFAF 4,350 Billion in Q3 2025

In the WAEMU region, banking liquidity is showing signs of measured improvement. In the third quarter of 2025, banks in the zone slightly rebuilt their own cash positions, while their reliance on refinancing from the Central Bank of West African States...

AfDB Group and OPEC Fund Strengthen Partnership with $2 Billion Co-Financing Commitment

The African Development Bank Group and the The OPEC Fund for International Development signed today in Abidjan an amended Memorandum of Understanding, reinforcing their long-standing partnership and reflecti...

Côte d’Ivoire: Customs Exceed CFA 3,372 Billion Revenue Target Despite Electoral Tensions

Côte d’Ivoire’s customs administration closed the 2025 fiscal year on a particularly strong note, exceeding its revenue target of CFA 3,372 billion (approximately $6.02 billion USD). The performance was announced on December 30, 2025,...

Ranking of Africa’s Most Developed Financial Markets in 2025 (Absa Group)

South Africa and Mauritius top the ranking of Africa’s most developed financial markets in 2025, according to a report published on Thursday, October 16, 2025, by South African financial services group Absa Group and the Official Monetary and Fin...

Côte d’Ivoire: Cashew Kernel Sales Expected to Reach $623 Million in 2025

Since 2015, Côte d’Ivoire has been the world’s leading producer of cashew nuts. With harvests that have already exceeded 1.5 million tonnes, the country is also gaining momentum in local processing.

Published on Jan 11, 2026

Côte d’Ivoire: Businesses Express Doubts Over New Tax Measures

In Côte d’Ivoire, a new fiscal annex has been in force since January 5, 2026. Its objective is to mobilize more resources while preserving economic stability. The reform notably strengthens the rationalization and simplification of the tax...

Tunisia: African Development Bank Welcomes the Commissioning of 120 MWp Kairouan Solar Photovoltaic Project, a Major Milestone

The African Development Bank Group welcomed the commissioning, on 16 December 2025, of the Kairouan solar power plant, which will strengthen Tunisia’s energy security and advance its transition toward renewable energy.

Published on Jan 08, 2026

Senegal Strengthens Its Position as an Emerging Oil and Gas Producer in 2025

Senegal has confirmed its lasting entry into the circle of oil and gas producers, with 2025 marked by a strong ramp-up of its new infrastructure. Consolidated data show that national oil production reached 36.1 million barrels over the year, significan...

Côte d’Ivoire: IFC Plans $88 Million Financing for Cocoa Processing Plant Expansion

The International Finance Corporation (IFC) is preparing an investment of up to €75.25 million (approximately $88.34 million) in favor of Guan Chong Berhad (GCB), a Malaysian group and one of the world’s largest cocoa processors, through its...