The Senegalese government and the International Monetary Fund (FMI) teams have reached a staff-level agreement for a 36-month program under the Extended Credit Facility (ECF). This crucial support, valued at nearly 2.2 billion dollars (approximately 1,229 billion FCFA), is designed to restore the nation’s fiscal viability while simultaneously fostering growthContinue Reading

“Banks are no longer supporting us.” This recurring lament from local entrepreneurs engaged in public procurement paints a clear picture of a significant hurdle for Togo’s private sector. Small and medium-sized enterprises (SMEs) and state contractors are reporting increasingly stringent conditions for obtaining bank credits and pre-financing, which is impedingContinue Reading

The market for domestic gas in Cameroon is advancing with the launch of a competitive tender on September 1, 2026, for 60,000 metric tons of liquefied petroleum gas (LPG). This official announcement, signed by Okie Johnson Ndoh, president of the ad hoc Commission for Petroleum Product Imports (CIPP), divides theContinue Reading

On Friday, Moody’s Ratings officially lowered Senegal’s credit rating to Caa2, a step down from its previous Caa1 assessment, maintaining a negative outlook. This latest downgrade impacts the nation’s long-term foreign and local currency issuer ratings, alongside its senior unsecured foreign currency notes. Meanwhile, the short-term rating remains confirmed atContinue Reading

The dramatic events of Saturday, August 29, 2026, in Niamey cannot be dismissed by official pronouncements or reinterpreted as mere “revolutionary impatience” among the troops. The calculated assault carried out by military personnel against Air Base 101 and several other critical installations within the capital signifies a particularly severe disruptionContinue Reading

Reports of gunfire and agitated movements near Niamey’s Diori-Hamani International Airport have cast a revealing light on the evolving security landscape. Information indicates that Russian elements of the Africa Corps are reportedly engaged in urgent negotiations with Nigerien military personnel controlling the site, seeking an immediate exit. Should these accountsContinue Reading