BOA Mali’s net profit surged in the first half of 2024, reaching CFA4.8 billion, driven by a 44% drop in risk costs and a modest 4% increase in net banking income, despite inflation, rising resource ...

Struggling to stay competitive, Tmcel is focused on boosting service quality to stand out in the national telecom market, where it faces competition from Vodacom and Movitel. Mozambique’s state-owned ...

Guinea-Bissau is set to expand its blockchain-based payroll management platform to cover all government employees. By November 2024, this solution may track the information of approximately 26,600 ...

Authorities in Senegal are stepping up to push the country's digital sector to a higher level. By 2030, the sector's weight in the GDP is expected to be 10%. Great projects are already on the way.

When it becomes operational, this market will provide additional funding for SMEs, which are vital to driving economic growth in the UMOA region. The West African Monetary Union (UMOA) is set to ...

In Q1 2024, Togo was Benin's top customer in the ECOWAS region. However, Nigeria has since taken the lead, boosted by increased exports of various products, including rice. Nigeria now accounts for 31 ...

In 2023, Niger’s poverty rate reached 52% due to negative per capita growth and rising inflation. The World Bank estimates that 14.1 million people were living in extreme poverty, compared to 1.1 ...

In emerging markets like Africa, digital infrastructure and services are critical for business innovation and job creation. Expanding into these markets helps address infrastructure gaps while ...

The approach aims to speed up Rwanda's continental trade by grouping the goods of its businesses into a single shipment, thus optimizing logistics and reducing costs. Rwanda has sent its first ...

Côte d'Ivoire remains the top issuer and most active player on the regional financial market, accounting for nearly 40% of the funds sought this fourth quarter, with the country's budget deficit ...

Following Gabon's example, the 'debt-for-nature' approach is becoming more popular in Africa, particularly among nations with heavy debt burdens and rich biodiversity. If the IUCN's initiative ...

The strong performance of Attijariwafa Bank’s Ivorian subsidiary was mainly fueled by a 10% rise in operating profit and a 7% increase in net banking revenue. Société Ivoirienne de Banque (SIB), the ...