Economy

Côte d’Ivoire has revealed its National Development Plan (PND) 2026-2030, an unparalleled and transformative roadmap set to redefine the nation’s economic future. With an estimated budget of $209 billion, this strategic blueprint outlines a clear trajectory: shifting the Ivorian economy from its current reliance on agricultural commodities towards a more robust, value-added industrial and tertiary […]

Abidjan, Côte d’Ivoire’s economic hub, recently welcomed the third annual African Forum of Textile Maintenance Professionals (FAPET). This significant gathering, held in the vibrant Abidjan-Plateau district, brought together industry leaders and specialists from across the continent to address critical issues surrounding the modernization and sustainable industrialization of textile care in Africa. The forum’s central theme, […]

Niger’s Council of Ministers has formally revoked the concession held by French mining giant Orano Mining, replacing it with a newly established national company dedicated to exploiting the country’s significant uranium deposits. The Nigerien state continues to demand outstanding royalties from Orano, which has initiated legal proceedings, effectively hindering the international sale of Nigerien uranium. […]

Fuel prices set to rise in Senegal as global oil markets surge Senegal’s Prime Minister Ousmane Sonko has sounded the alarm on a potential spike in fuel prices, driven by escalating international tensions. The warning comes as the government braces for significant economic repercussions, including reduced purchasing power for citizens. During a heated parliamentary session, […]

In a bold move to address youth unemployment and bolster national economic sovereignty, Prime Minister Ousmane Sonko made a sweeping pledge before Senegalese lawmakers on May 22, 2026. Speaking during a parliamentary session focused on urgent social priorities, he declared job creation as the cornerstone of his administration’s economic and social agenda. Economic sovereignty and […]

The Central African Banking Commission (COBAC) has officially withdrawn the operating license for Financial Development Tchad (FINADEV Tchad S.A.), a microfinance institution, leading to its immediate liquidation. An official statement released on May 21 confirmed that COBAC’s decision, dated February 5, 2026, constitutes a disciplinary revocation of the license for this second-category microfinance entity operating […]

A groundbreaking digital platform designed to measure user satisfaction with financial services in Côte d’Ivoire has been officially unveiled in Abidjan. The initiative, spearheaded by the Observatory for Financial Service Quality in Côte d’Ivoire (OQSF-CI), aims to transform how consumer feedback shapes the nation’s banking, digital finance, and insurance sectors. The newly launched Financial Service […]

A comprehensive review of Senegal’s public infrastructure projects has uncovered 245 assets and initiatives that remain either unused, incomplete, or underutilized. The findings, presented during a high-level interministerial council meeting chaired by Prime Minister Ousmane Sonko, highlight critical gaps in project execution and asset management nationwide. The assessment categorized these projects into four distinct groups […]

Recent data from Niger’s National Statistics Institute (INS) has sent ripples through the economic landscape. The Harmonized Consumer Price Index (IHPC) for April 2026 reveals a historic deflationary trend, with prices plummeting by -8.5 % year-on-year. Yet, this macroeconomic milestone contrasts sharply with the lived experiences of Nigerien households, where daily expenses tell a different […]

With Aïd al-Adha approaching, Niamey’s streets are alive with livestock. Trucks laden with cattle roll in continuously, and livestock markets overflow with activity. Yet, the laws of supply and demand seem to vanish—despite record abundance, prices surge while inflation tightens its grip on household finances. Niamey, late May 2026 — The streets of Niger’s capital […]

Senegal’s stalled infrastructure projects: a financial burden worth billions The Prime Minister, Ousmane Sonko, revealed on Thursday in Dakar that 245 infrastructure projects, valued at 279 billion CFA francs, remain temporarily halted across Senegal. These include both completed structures awaiting activation and ongoing construction sites that have ceased operations. How did these infrastructure blockages come […]