BRVM (West Africa) — Africa Global Logistics Rises 1.7% as BRVM Slips 0.33%

BRVM Composite slips 0.33% as industrials jump 2.81%

The BRVM Composite fell 0.33% to 443.85 points on June 23, while the BRVM Composite Total Return lost 0.33% to 175.71 points. The decline was led by financials, down 0.63% to 201.92 points, and consumer staples, off 0.81% to 279.58 points, while industrials jumped 2.81% to 221.17 points. On the corporate front, Alain Nkontchou became Ecobank's largest shareholder, according to Afrimag, while Coris Bank International Chad is negotiating a $10 million guarantee line with IFC, according to Sika Finance. In consumer names, Sika Finance reports questions around SOLIBRA's record profits, as the discretionary consumption index slipped 0.79% to 202.84 points.

BRVM rises 0.55% as financials offset a 4.66% drop in discretionary stocks

The BRVM Composite rose 0.55% to 445.31 points on June 22, while the total return index added 0.55% to 176.29 points, led by financials up 0.74% and telecoms up 0.68%. Gains were capped by discretionary consumption, which slumped 4.66% to 204.46 points, while industrials fell 0.98% and energy lost 0.19%. In banking, Alain Nkontchou became Ecobank's largest shareholder, according to Afrimag, while Ecobank Centrafrique raised its capital to $28 million and aims for the Cobac threshold, according to Agence Ecofin. Coris Bank International Chad is negotiating a $10 million IFC guarantee line, Sika Finance reported, while 4 Bank of Africa units in Benin, Senegal, Burkina Faso and Mali published capital increase notices on June 22.

BRVM (West Africa) — Telecoms Jump 2.44%, Discretionary Up 2.03% as Dividends Reignite Trade

The BRVM ended the week of June 15-19, 2026 on firmer footing, with the Composite up 0.96% and the BRVM-30 gaining 1.29%. Telecoms and discretionary stocks led the market, while dividend and capital-raising announcements helped underpin sentiment.