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Economic News

Wave, in Partnership with Visa and Ecobank, Launches a Virtual Card to Accelerate Financial Inclusion in Africa

Dakar, Senegal, January 23, 2026 – Wave, in partnership with Visa and Ecobank Senegal, has officially launched a virtual payment card integrated into the Wave app, designed for users in Senegal. This innovation reflects the shared ambition of the...

Published on Jan 30, 2026

Côte d’Ivoire: Montage Gold Announces First Gold Pour at the Koné Mine Before End of 2026

Canadian mining company Montage Gold has confirmed a major milestone for its Koné gold project in northern Côte d’Ivoire, announcing that the first gold pour is expected by the end of the fourth quarter of 2026. This preliminary step...

Published on Jan 30, 2026

WEGO Group Chooses Côte d’Ivoire for Its First Francophone African Site

On January 27, 2026, Madame Solange Amichia, Director General of CEPICI, held a meeting with a delegation from the pharmaceutical group WEGO, led by its CEO, Mr. Shen Fu, regarding an investment project in the pharmaceutical industry, a priority sector for Côte d’Ivoir...

Published on Jan 30, 2026

Angola: After the DRC and Gabon, the Strategic Sector Targeted by Ivorian Group SCHIBA under João Lourenço

The economic push of West African companies toward the southern part of the continent is becoming increasingly clear. At the Presidential Palace in Luanda, a high-level meeting was held on Tuesday between the Angolan Head of State and an Ivorian indust...

Published on Jan 28, 2026

Ivory Coast: A Heavy Food Import Bill

Each year, Ivory Coast spends over 3.8 billion US dollars on imported food products. This dependence raises questions about the country’s food sovereignty, particularly amid volatile global markets and increasingly frequent climate-related shocks.

According to an infographic published by Sika Finance, the most imported products in...

Published on Jan 28, 2026

Sub-Saharan Africa: Solid Growth but Deep Challenges for Employment and Per Capita Income

The economy of Sub-Saharan Africa is expected to experience increased growth over the next two years, according to the latest projections from the World Bank and other international organizations. However, this favorable trajectory masks persistent structural difficulties, particularly in terms of employment and improving living standards.

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Published on Jan 28, 2026

Côte d’Ivoire Ranked 6th Investment Hub in Africa’s Hydrocarbon Sector in 2025

In 2025, the African oil and gas investment landscape shows a strong concentration around a few major markets. However, a new destination is now emerging as a key player: Côte d’Ivoire, ranked sixth among Africa’s leading upstream inv...

Published on Jan 27, 2026

Present in Côte d’Ivoire and Mali, Zijin Gold Moves to Acquire Allied Gold for USD 4 Billion

Africa’s gold mining industry has just taken a major step forward. Chinese company Zijin Gold International has announced its plan to acquire Allied Gold Corporation, a Canadian mining company with significant operations in Côte d’Ivo...

Published on Jan 27, 2026

After Cement, Aliko Dangote Sets Sights on Congo’s Potash: A 100% African Strategy to Feed the Continent

Nigerian billionaire Aliko Dangote is methodically expanding his industrial footprint across Africa. According to Africa Intelligence on January 26, Africa’s richest man recently sought the support of Congo...

Published on Jan 27, 2026

ZLECAf : Wamkele Mene appelle l’Afrique à consolider son marché intérieur

On January 24, 2026 in Addis Ababa, Wamkele Mene, Director-General of the African Continental Free Trade Area (AfCFTA) Secretariat, urged African countries to strengthen their domestic market amid global trade fragmentation and supply chain disruptions...

Published on Jan 27, 2026

Financial Rating: Afreximbank Ends Credit Rating Relationship with Fitch Ratings

The African Export-Import Bank (Afreximbank) announced on Friday, January 23, 2026, the official termination of its credit rating relationship with Fitch Ratings. The decision follows an in-depth internal review, after which the pan-African institution...

Published on Jan 27, 2026

Côte d’Ivoire and Benin Establish a Framework to Promote and Facilitate Investment

Benin and Côte d’Ivoire ranked first and third respectively in terms of GDP growth within the West African Economic and Monetary Union (WAEMU/UEMOA) in December 2025. Through a new strategic partnership framework, the two countries aim to s...

Published on Jan 26, 2026