FILTISAC CI issues announcement

AFINHAB (Ex-CRRH-UEMOA) announces name change

BRVM rises 0.8% as financials gain 1.38% on Ecobank and Coris updates

The BRVM Composite rose 0.8% to 463.89 points on July 7, led by financials up 1.38% to 217.73 points, while energy gained 2.31% to 172.57 points. Industrials fell 1.91% to 214.33 points and consumer discretionary dropped 4.51% to 193.85 points, according to BRVM market data. Ecobank confirmed its revaluation to 50 CFA francs, Sika Finance reported, while Jeune Afrique said Vista Group is seeking a new path after the failed Oragroup takeover. Coris Bank International created a Cameroon unit with 26 billion CFA francs and is still awaiting regulatory approval, according to Financial Afrik and Africtelegraph, after inaugurating a new headquarters in Burkina Faso worth more than 19 billion CFA francs, Sika Finance reported. SONATEL also secured an upgrade to its long-term rating by GCR, Leral.net reported.

BRVM: Ecobank Group Confirms Spectacular Revaluation at 50 FCFA

BRVM : Le groupe Ecobank confirme sa spectaculaire revalorisation à 50 FCFA  Sika Finance