Senegal Wins US$2.2 Billion From the IMF and Shields Its CFA Debt
The Senegal debt treatment plan leaves CFA-denominated debt outside restructuring, hours after an IMF staff-level deal worth about US$2.2 billion.
September 3, 2026Topic
CFA franc
Ivory Coast Holds Its Cocoa Price at a 57% Discount, and 1.1 Million Farmers Feel It
Ivory Coast held its cocoa farmgate price at 1,200 CFA francs (US$2.12) a kilo for 2026/27, 57% below the 2025/26...
September 2, 2026
Moody’s Cuts Senegal to Caa2 as Debt Nears 108% of GDP
The Senegal credit rating is now Caa2, after a Moody's downgrade citing public debt near 108% of GDP and interest...
September 1, 2026
Niger Reopened Its Budget, and the Army Is One of Seven Reasons
Niger raised its 2026 budget 2% to 2,980.54 billion CFA francs, about US$5.3 billion. Security is one of seven reasons...
August 25, 2026
In One Day, Chad Handed ARISE an Industrial Zone and Took a Chinese Grant
The Chad industrial zone at Zindjam goes to ARISE IIP under six contracts, while a 300 million yuan Chinese grant...
August 21, 2026
West Africa’s Shared Stock Market Just Passed US$35 Billion for the First Time
The BRVM crossed 20 trillion CFA francs, about US$35.7bn, on 20 August 2026, after a rally of more than 50%...
August 21, 2026
Senegal Lifts Peanut Export Tax as Shipments Rebound After 2024 Slump
Senegal peanut exports are rebounding in 2025/26 after the government scrapped a 4% export tax, targeting up to 450,000 tonnes...
August 11, 2026
Burkina Faso Plans 117 Billion CFA Franc Memorial For Thomas Sankara
Burkina Faso is seeking public and private financing for a 117 billion CFA franc memorial to Thomas Sankara, the revolutionary...
August 8, 2026
Four State Firms Hold 80% of Cameroon’s On-Lent Debt
Cameroon's on-lent debt reached FCFA 845.2 billion at end-June 2026, and four state companies hold 79.5% of it, per the...
August 4, 2026