Cameroun Condamné en première instance, Ecobank contre-attaque dans son litige avec Wadivo - Africa Intelligence

BRVM (West Africa) — Consumer Discretionary Jumps 3.05% as BOA Capital Raises Reshape Flows

The BRVM ended the week with a split tone: the Composite fell 0.94% on Friday, yet consumer discretionary surged 3.05%. Bank of Africa capital raises and fresh dividend notices redirected flows across a highly selective Abidjan market.

BRVM falls 0.94% as industrials slide 3.19%

The BRVM Composite fell 0.94% to 532.61 points on October 16, while the BRVM-30 lost 1.07% to 257.54 points and the BRVM Prestige dropped 1.59% to 196.95 points. The decline was led by industrials, down 3.19% to 209.32 points, alongside telecommunications, off 2.16% at 147.46 points, and utilities, down 2.03% to 253.27 points. In contrast, discretionary consumption rose 3.05% to 185.05 points, energy gained 0.67% to 161.21 points, and the main board edged up 0.15% to 373.67 points. On the corporate front, Coris Bank International posted a 49% jump in 2025 net profit, according to Financial Afrik and APAnews, while Ecobank Benin will inject CFA138.5 billion, or $230.8 million, into Benin state projects, according to Agence Ecofin and APAnews.

BRVM (West Africa) — Sonatel Draws XOF 1.66bn in Trades While the Stock Barely Moves

Sonatel Senegal absorbed XOF 1.66 billion in turnover on October 15, 2026, far ahead of the rest of the market, even as the stock rose just 0.1%. That contrast highlights sector rotation on the BRVM, where telecoms gained 0.77% despite mixed breadth.