BRVM rises 0.96% as financials draw support from capital operations
The BRVM Composite rose 0.96% to 442.87 points on June 19, while the BRVM-30 gained 1.29% to 207.59 and the Principal index slipped 0.14% to 315.03. The move was led by telecommunications, up 2.44% to 106.19, and energy, up 1.60% to 157.15, while consumer staples fell 1.0% to 277.95. Financials added 0.45% to 201.72 amid June 19 capital increase notices for Bank of Africa BF, BN, ML and SN, alongside Coris Bank International’s net dividend of 900 CFA francs detached on June 18. On the corporate front, Coris Bank International Chad is negotiating a $10 million guarantee line with IFC, according to Sika Finance, while Ecobank Centrafrique raised its capital to $28 million and aims for the Cobac threshold, according to Agence Ecofin, and Coris Bank co-arranged $288 million in Afreximbank financing in Niger, Agence Ecofin reported.
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BRVM (West Africa) — Up 0.66% Through Aug. 7 as Industrials Jump 3.76% and Energy Slips
The BRVM rose 0.66% in the week through Friday, Aug. 7, 2026, led by a 3.76% jump in industrials even as energy fell 2.68%. Dividend notices and firmer commodity prices helped support the regional market.
BRVM (West Africa) — Africa Global Logistics Draws XOF 145.7m as Industrials Rebound 3.76%
Africa Global Logistics Côte d’Ivoire led turnover at XOF 145.7m and rose 1.2% as the BRVM Industrials index jumped 3.76%. The move marks a sharp reversal from recent pressure on the sector and puts logistics back at the center of the West Africa stock market.
BRVM rises 0.66% as Ecobank posts 15% H1 revenue growth
The BRVM Composite rose 0.66% to 485.48 points, led by industrials up 3.76%, while energy fell 2.68% to 158.91 points. Telecommunications gained 1.32% to 113.38 points and utilities added 1.47% to 223.01 points, as the BRVM-30 advanced 0.79% to 231.22 points. Ecobank sustained solid momentum in the first half of 2026, with revenue up 15% to $1.3 billion and pre-tax profit reaching $423 million, according to leFaso.net and based on the July 31 earnings-call transcript reported by Zonebourse. On income stocks, SITAB remained in focus ahead of a net dividend of CFA1,707.2 with an ex-date of August 12, 2026, while Sika Finance on July 31 questioned whether the stock still offers a credible yield case.