The board of the Central African securities exchange BVMAC said CEMAC states owed about $6 million (CFA 3.5bn) as of September 30, 2026, disclosed after its 26th ordinary session on October 26. The exchange is facing cash strain, which points to pressure on regional market infrastructure.
Late state payments to the regional exchange signal liquidity stress at a key piece of CEMAC financial market infrastructure.
Key facts
Event
News
Date
Monday 26 October 2026
Institution
BVMAC
Amount
$6m (XAF 3.5bn)Converted at the reference rate for Monday 26 October 2026
MTN Ghana and its separately incorporated Mobile Money Fintech Limited posted a combined profit after tax of about $670 million (GH₵7.75bn) for the nine months to September 2026, up 43 percent. The results cover the telco and its mobile money business, which became a separate company in March 2026.
Zenith Bank reported a nine-month profit before tax of about $690 million (N929bn), up 1.24 percent from the same period of 2025. Gross earnings fell 15 percent to about $2.1 billion (N2.87trn), while impairment charges dropped sharply.
The African Development Bank launched a HKD 2 billion five-year social bond due November 2031. The issue is a social bond placed in Hong Kong's market.
Nigeria-focused fintech OPay sold 16 million American depositary shares at $19 each, raising $300 million and valuing the company at about $4 billion. It rang the NYSE opening bell, but ThisDay reports that trading was temporarily held over an outstanding regulatory clarification in a foreign jurisdiction.
Afreximbank is raising a $1 billion syndicated loan that includes a tranche denominated in yuan, according to a paywalled report. The deal diversifies the bank's funding sources beyond dollar and euro markets.
