BRVM slips 0.4% as energy drops 2.9% despite Sonatel strength
The BRVM Composite fell 0.4% to 400.91 points on April 22, while the BRVM Composite Total Return lost 0.29% to 154.55 and the BRVM Principal dropped 1.12% to 277.19. The decline was led by energy, down 2.9% to 134.48, alongside financials, off 0.81% at 175.85, and industrials, down 0.85% to 190.94. In contrast, telecommunications rose 0.29% to 101.97 after Sonatel posted 7% growth in consolidated first-quarter 2026 revenue, while the group reported profit of 114 billion CFA francs, according to Financial Afrik and Sika Finance. At the same time, Ecobank wants to raise $500 million and test the eurobond market, which La Tribune said remains selective toward Africa.
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