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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BRVM rises 0.29% as energy offsets sharp declines in utilities
The BRVM Composite rose 0.29% to 405.75 points, while the BRVM Composite Total Return gained 0.29% to 156.66 and the BRVM-30 added 0.11% to 191.57. Gains were driven by energy, up 1.84% to 139.28 points, and consumer staples, up 1.04% to 262.43, while utilities fell 2.71% to 149.96 and industrials dropped 2.07% to 180.14. On the corporate front, Ecobank Cameroun raised its 2025 dividend to CFA24.5 billion, according to Investir au Cameroun, while Ecobank Togo reported a 9.5% decline in 2025 net profit despite strong commercial growth, according to Togo First. SITAB posted 2025 profit of CFA36 billion, down 18% year on year, according to Sika Finance, while Oragroup SA released results for the first quarter ended March 31, 2026, reported Zonebourse Suisse.
BRVM (West Africa) — 10 Announcements in 5 Days as Financials Offset a 1.86% Industrial Slide
The BRVM ended the week up 0.28%, with financials rising 1.03% while industrials fell 1.86%. Bank of Africa capital increases and Sonatel’s 1,740 XOF dividend dominated an active Abidjan market.
BRVM (West Africa) — 10 Announcements in One Session as BOA Capital Raises Reshape the Tape
The BRVM ended nearly flat, with the Composite Total Return up 0.03%, but May 7 trading was dominated by 10 official announcements, including several Bank of Africa capital raises. Industrials rose 3.46%, pointing to a broader rotation beyond banks alone.