Rating: GCR Upgrades SONATEL's Long-Term Rating

Ecobank TI Connects to Yuan: A New Corridor for African Currencies

Ecobank TI is establishing a new corridor for African currencies by connecting to the yuan.

Ecobank Enables Yuan Payments for Businesses in Africa-China Trade

Ecobank will facilitate payments in yuan for businesses engaged in trade between Africa and China.

BRVM (West Africa) — BOA Capital Raises Reshape Flows as Energy Jumps 2.22%

Trading flows shifted toward banking names after 4 Bank of Africa capital-raise announcements, while the BRVM energy index rose 2.22%. Even so, the BRVM Composite fell 0.28% as market breadth stayed weak at 8 gainers versus 19 losers.