BRVM slips 0.6 % as energy tumbles 5.35 %, Sonatel pledges 174 bln FCFA dividend
The BRVM Composite index fell 0.6 % to 411.08, dragged down by a 5.35 % plunge in the Energy sector, market data show. Sonatel leads headlines with a record 174 billion FCFA dividend for 2025, Financial Afrik reports, while its CEO unveiled satellite coverage plans to counter Starlink, according to Senenews. Solibra Côte d’Ivoire posted the week’s biggest gain and hit an all-time high, L’Économiste du Faso notes. Public Services dropped 1.66 % to 148.47 and Consumer Staples slid 3.65 % to 283.93.
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The BRVM ended the week of August 10-14, 2026 up 0.29%, led by discretionary consumption (+2.78%) and energy (+1.43%). Dividend notices and BOA subsidiaries’ capital increases drove a balanced market, with 15 gainers and 15 losers.
BRVM rises 0.29% as Sonatel and Ecobank drive the narrative
The BRVM Composite rose 0.29% to 497.65 on Aug. 14, while the BRVM-30 gained 0.44% to 237.61 and the Principal index added 0.6% to 376.45. Gains were led by discretionary consumption, up 2.78% to 201.4, and energy, up 1.43% to 163.79, while telecommunications fell 0.15% to 117.33 and industrials lost 0.42% to 221.94. Sonatel accounted for more than half of the 4 billion CFA francs traded on Aug. 4, according to Sika Finance, after what SenePlus called a historic half year with revenue above 1 trillion CFA francs, according to Xalima, and first-half 2026 profit of 230 billion CFA francs, according to Sika Finance. Ecobank separately posted first-half revenue up 15% to $1.3 billion and pre-tax profit of $423 million, according to leFaso.net, while net income reached 167 billion CFA francs but was held back by Nigerian risk costs, Sika Finance and Agence Ecofin reported.
BRVM rises 0.82%, lifted by Sonatel and financials
The BRVM Composite rose 0.82% to 496.22 points on Aug. 13, while the BRVM Composite Total Return gained 0.88% to 198.75 points and the BRVM-30 added 1.0% to 236.58 points. The advance was driven by telecommunications, up 1.75% to 117.51 points, and financial services, up 1.02% to 240.32 points, in a market where Sonatel accounted for more than half of the 4 billion CFA francs traded on Aug. 4, according to Sika Finance. Sonatel reported first-half profit of 230 billion CFA francs and revenue above 1 trillion CFA francs, according to Sika Finance and Xalima, while Ecobank posted a 15% rise in revenue to $1.3 billion and pre-tax profit of $423 million, according to leFaso.net, even as net income of 167 billion CFA francs was constrained by risk costs, Sika Finance reported. By contrast, consumer discretionary fell 3.87% to 195.95 points and consumer staples slipped 0.58% to 287.01 points, while SITAB remained in focus after a net dividend of 1,707.2 CFA francs went ex-dividend on Aug. 12 and after leading the weekly rebound, according to Dabafinance.