ECONOMY

A new major financial envelope will support agricultural development in Benin. The European Investment Bank (EIB) and the International Bank for Industry and Commerce (IBIC) have formalized an agreement providing for the injection of 100 million euros (around 114 million…

Ghana is preparing a memorandum of understanding with Benin to supply cotton to the Volta Star Textiles factory in Juapong, which Ghanaian authorities want to reactivate. The project is still in the preparatory stage, and no volume or delivery schedule…

Logistics and customs clearance stakeholders in Benin need to quickly review their practices. Starting from Saturday, August 1, 2026, new strict documentary requirements will govern the removal of used goods at the Port of Cotonou. This measure, formalized by a…

The Dangote refinery has started pricing its products for the Nigerian market in dollars. The reason: the insufficient crude obtained under the “naira for crude” mechanism, which forces the group to import part of its supplies. This is a development…

Côte d’Ivoire and Ghana, already engaged in coordinating their cocoa policies, are looking to involve Nigeria and Cameroon in a common approach. The goal: to better defend the income of African producers against the fluctuations of the global market. African…

Togo is on the path to creating a Deposit and Consignment Fund. Meeting on Wednesday, July 8, 2026, in Lomé, the Council of Ministers adopted a bill concerning the creation, missions, organization, and functioning of this future public institution. The…

The Senegalese government has decided to suspend, for a month, the issuance of Food Import Declarations for rice. This measure aims to facilitate the sale of local rice stocks, estimated at 37,000 tons, and to support a sector facing significant…

A strategic working session recently brought together the teams from MCA-Benin Regional and the Communication Directorate of the Presidency of the Republic according to information from LaMarina.bj. The stakes of the meeting are high: to lay the groundwork for a…

The Congolese government adopted a revised finance bill for the fiscal year 2026. Meeting in the Council of Ministers on Tuesday, June 30 in Oyo, under the presidency of Denis Sassou-N’Guesso, the executive approved a budgetary collective that raises the…

In Togo, rail transport is returning to the heart of the national logistics strategy. Long marginalized in favor of road transport, the railway must once again become a lever of competitiveness for the country, particularly around the Autonomous Port of…

Long awaited and announced for a long time, the Dry Port of Parakou has now entered its operational phase. On Tuesday, June 23, 2026, the first container loading operations were launched on this strategic logistics platform, designed to relieve the…

The Council of Ministers on Wednesday, July 1, 2026, approved a significant reduction in fees applicable to merchant spaces across the country. This financial relief measure will officially take effect at the end of July 2026. It applies to urban…

The President of the Republic, Romuald Wadagni, explained the motivations behind the government’s decision to reduce the monthly fees applied in the country’s modern markets. In a post shared on his official Facebook page, the head of state indicated that…

INStaD has finalized the rebasing of the national accounts of Benin with 2023 as the new reference year, replacing the 2015 base. This statistical operation re-evaluates the 2023 GDP at 14,020.2 billion CFA Francs, representing an increase of 25.2%, reflecting…

It went almost unnoticed amid the flow of social announcements that dominated discussions in the National Assembly on Friday. However, among the fiscal measures of the revised finance law for 2026 adopted unanimously, one of them could radically change the…

Ekoué Djro Glokpor has officially taken the lead of the National Directorate of the BCEAO for Togo during the second ordinary session of the National Credit Council held on June 18, 2026, in Lomé. This installation took place in a…

The synergies between the customs administration and port stakeholders are intensifying. The new Director General of Customs of Benin, Mr. Rouf Malehossou, paid a courtesy visit to the Autonomous Port of Cotonou (PAC) this Tuesday, June 16, 2026. This initiative…

Air France will permanently close its local representation in Bamako on June 30, 2026, nearly three years after suspending its flights to Mali. This decision marks a new step in the retreat of French presence in the country against a…

Extractive revenues in Mali reached a record level in 2024, with 978.29 billion FCFA paid into the state budget, accounting for over 40% of public revenues. Driven by gold, this performance reflects Bamako’s desire to capture a larger share of…

The modernization of the infrastructure at the Autonomous Port of Cotonou reaches a new strategic milestone. In an official information note dated June 11, 2026, the General Director of the Port, Bart Jozef Johan Van Eenoo, notified the concessionaires, economic…

The Beninese Treasury raised 22 billion FCFA in Treasury bonds on the regional UMOA market, exceeding the initially sought amount. The operation, which was significantly oversubscribed with a coverage rate of 234%, confirms investors’ interest in the Beninese signature for…

Benin’s merchandise exports saw a significant increase in the first quarter of 2026, reaching 223.96 billion FCFA according to INStaD. This rise, primarily driven by cotton, soy, and oilseeds, contrasts with a continuing large trade deficit, with imports nearly twice…

The ban on exporting raw cashew nuts has not yet produced the expected industrial effects in Benin, according to expert Jim Fitzpatrick. Despite the aim to stimulate local processing, a large portion of the harvest continues to leave through neighboring…

The BRVM has listed four sovereign bond issuances from Senegal totaling 627.91 billion FCFA. Presented as the largest mobilization achieved by a state in the financial market of the UEMOA, this operation takes place amid significant pressure on Senegal’s debt…

Nigeria’s gasoline import bill dropped by 96.15% in the first quarter of 2026, according to data from the National Bureau of Statistics. Long dependent on refined fuels from abroad despite being a major oil producer, the country is seeing its…

The African Development Bank raised €1.25 billion through a seven-year social bond, its first euro issuance of 2026. Driven by strong demand from institutional investors, this operation will finance social projects in African member countries, particularly in infrastructure, health, education,…

The union of agents at the Autonomous Port of Lomé has filed a three-day strike notice, scheduled from June 25 to June 27, 2026, to protest against the non-fulfillment of its social demands. If this action proceeds, it could disrupt…

The Beninese customs administration is embarking on a major strategic turning point. Appointed on Wednesday, June 3, 2026, in a Council of Ministers by President Romuald Wadagni, Colonel Raouf Malèhossou Aboudou officially took up his duties on Monday, June 8,…

Senegal has redeemed two sovereign bonds denominated in euros and dollars ahead of schedule, just days before a technical mission from the IMF is expected in Dakar in mid-June. This financial gesture occurs in a context of debt under scrutiny,…

Appointed head of the customs administration, Raouf Malèhossou delivered his first official reaction regarding the trust placed in him by the head of state. In a post on his Facebook page, Raouf Malèhossou spoke about his appointment as Director General…