BRVM slips 0.35% as energy rises 1.69% and Sonatel stays in focus
The BRVM Composite fell 0.35% to 471.83 points and the BRVM-30 lost 0.44% to 224.24 points on July 21, while the energy index rose 1.69% to 160.43 points. Discretionary consumption posted the steepest sector drop with a 3.0% fall to 196.12 points, while financial services added 0.31% to 226.48 points and utilities gained 0.16% to 228.84 points. Sonatel stayed in focus after ranking among 5 notable gainers on July 15, according to Dabafinance, while Capmad reports it is strengthening its Gandoul teleport against Starlink and Kuiper and We are Tech says its Max it app was connected to Dakar's bus rapid transit network. In banking, the EBRD opened a 15 million euro trade finance line through Ecobank in Senegal, according to Capmad, and Ecobank Senegal became the first Senegalese bank financed by the EBRD, according to Agence Ecofin, while Nigerdiaspora reports the appointment of Fayçal Younoussou as Ecobank Niger chief executive to open a new development cycle.
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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%
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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.