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This week across West Africa
Edition № 003, November 5, 2026: the lead story and the top story from each country.
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Across West Africa
- Senegal · Macro & prices · Lead story17.8%
Senegal business registrations climb 17.8% in third quarter
Senegal registered 23,804 new businesses and other economic units in the third quarter of 2026, up 17.8% from a year earlier and 7.3% from the previous quarter, statistics agency ANSD said on October 29. Company registrations rose 36.4% to 3,893, while sole proprietorships, which made up 71.6% of the total, climbed 27.2% to 17,039, ANSD said.
- Senegal · Trade
Senegal is Spain's second-largest watermelon supplier
- Senegal · Macro & prices35
Moody's warns Senegal's external creditors could lose 35–65%
- Senegal · Energy, oil & gas
Senegal-Mauritania LNG venture exceeds third-quarter cargo forecast
- Senegal · Telecoms, digital & postal
Yas gains Senegal market share as Orange and Expresso retreat
- Benin · Macro & prices60%
BOA Bénin shares surge 60% this year as lottery stock slides
- Benin · Agriculture & fertilizer37.1
IFAD lends Benin $37.1mn for rural employment program with funding gap
- Benin · Energy, oil & gas62
IFC and Proparco back Benin solar plants totaling 62 MW
- Benin · Tourism & hospitality2027
Benin to host first African Black Travel Summit in 2027
- Benin · Regulation & policy2025
Benin leads WAEMU's financial inclusion ranking for 2025
- Burkina Faso · Macro & prices27%
Burkina Faso October revenue exceeds forecast by 27%, minister says
- Burkina Faso · Macro & prices17.8%
Coris Bank Burkina Faso nine-month profit growth slows to 17.8%
- Burkina Faso · Mining
Burkina Faso state gold buyer SONASP opens fourth regional office
- Burkina Faso · Trade50%
Burkina Faso terms of trade improve 50% on gold prices
- Burkina Faso · Trade0.4%
Burkina Faso trade with Mali and Niger accounts for just 0.4%
- Cape Verde · Macro & prices
Cape Verde records provisional budget surplus through September
- Cape Verde · Trade
Cape Verde bank iiB could get BADEA trade finance for importers
- Cape Verde · Agriculture & fertilizer
Cape Verde offers artisanal fishing boats monthly fuel vouchers
- Cape Verde · Projects & infrastructure8.9
Cape Verde's €8.9mn Sal road project faces another delay
- Cape Verde · Energy, oil & gas4%
Cape Verde cuts gasoline prices 4%, but annual rise remains near 49%
- The Gambia · Macro & prices28
Gambia reaches IMF staff agreement that could release $28mn
- The Gambia · Macro & prices2bn
Gambia seeks 2bn GMD in three-year bond sale despite weak October demand
- The Gambia · Projects & infrastructure46
Gambia signs $46mn urban waste deal with Ghana's Jospong
- The Gambia · Energy, oil & gas
IMF calls for cost-reflective electricity tariffs in Gambia
- The Gambia · Telecoms, digital & postal10
Gambia signs 10-year digital tax-monitoring contract with InTouch
- Ghana · Macro & prices9.4bn
Bank of Ghana drains 9.4bn GHS through 14-day bills at 10.5%
- Ghana · Macro & prices0.8%
Ghana's cedi recovers 0.8% against dollar in October
- Ghana · Agriculture & fertilizer17%
Benso Oil Palm nine-month profit falls 17% as costs climb
- Ghana · Energy, oil & gas9%
Ghana's GOIL profit rises 9% as finance charges fall
- Ghana · Energy, oil & gas4.4%
Ghana cuts petrol price floor 4.4% while diesel minimum rises
- Guinea · Trade70%
Guinea accounts for 70% of increase in China's African imports
- Guinea · Macro & prices
Guinean franc slips for fifth consecutive month against dollar
- Guinea · Mining
Guinea opens gold refinery with capacity far above current exports
- Guinea · Tourism & hospitality196
Hilton signs deal for 196-room DoubleTree hotel in Conakry
- Guinea · Macro & prices2025
Guinea's official estimates put 2025 growth between 7.1% and 8.4%
- Guinea-Bissau · Macro & prices
Guinea-Bissau's three-year bond yield rises for fourth consecutive auction
- Guinea-Bissau · Macro & prices193bn
Guinea-Bissau faces 193bn FCFA in regional debt repayments next year
- Guinea-Bissau · Projects & infrastructure16
Guinea-Bissau launches AfDB-backed partnership program 16 months after approval
- Guinea-Bissau · Ports & shipping
Guinea-Bissau port dredging lags schedule as leaders inspect works
- Guinea-Bissau · Telecoms, digital & postal30%
Guinea-Bissau mobile-money transaction value rises 30% in 2025
- Ivory Coast · Macro & prices41%
Bridge Bank Côte d'Ivoire profit rises 41% after listing
- Ivory Coast · Macro & prices100
NSIA Banque Côte d'Ivoire secures €100mn to support small businesses
- Ivory Coast · Agriculture & fertilizer34%
Ivorian rubber producer SOGB profit drops 34% as sales weaken
- Ivory Coast · Agriculture & fertilizer12%
PALMCI nine-month earnings fall 12% as input costs outpace sales
- Ivory Coast · Projects & infrastructure
Ivorian water utility SODECI posts third-quarter operating loss
- Liberia · Trade54
Liberia's trade deficit narrows to $54mn in August
- Liberia · Macro & prices4.6%
Liberia's inflation reaches 4.6% in August, first rise since April
- Liberia · Macro & prices42%
Liberia foreign reserves rise 42% to $972mn
- Liberia · Agriculture & fertilizer25%
Liberia rubber export earnings grow 25% despite lower output
- Liberia · Energy, oil & gas472
Liberia targets 472 MW generating capacity by 2029
- Mali · Macro & prices44bn
Mali raises 44bn FCFA as three-year debt yield eases to 7.67%
- Mali · Agriculture & fertilizer10%
Malian butchers announce meat price cuts of up to 10%
- Mali · Energy, oil & gas4,000
Fuel tanker deliveries to Bamako approach 4,000 in October
- Mali · Mining
Mali commissions Russian geologists to map more than half the country
- Mali · Mining18%
Mali's Syama gold production drops 18% despite September rebound
- Mauritania · Trade18.1%
Mauritania projects 18.1% rise in trade tax receipts in 2027
- Mauritania · Macro & prices7.25%
Mauritania lifts key rate to 7.25% and sharply raises bank reserves
- Mauritania · Macro & prices19
Mauritania shuts 19 Nouakchott bakeries over price hikes
- Mauritania · Agriculture & fertilizer
Mauritania plans decade-long rice strategy as imports surge
- Mauritania · Projects & infrastructure50
Mauritania approves €50mn Spanish loan for Senegal River valley project
- Niger · Macro & prices
Bank of Africa Niger's nine-month profit more than doubles
- Niger · Agriculture & fertilizer30%
Niger sells subsidized local rice at up to 30% below import price
- Niger · Projects & infrastructure
Niger creates national railway company before opening its first line
- Niger · Projects & infrastructure
Niger plans paving works on road linking Arlit and Algeria
- Niger · Agriculture & fertilizer
Fodder prices fall in Niamey, but livestock feed costs remain mixed
- Nigeria · Trade42%
Dangote Cement's Nigerian exports rise 42% to 1.5mn tons
- Nigeria · Macro & prices1.3%
Nigeria's naira closes October 1.3% lower despite late recovery
- Nigeria · Macro & prices11%
Nigeria central bank accepts just 11% of bids in bill auction
- Nigeria · Agriculture & fertilizer30%
BUA Foods flour revenue falls 30% as Nigerian demand softens
- Nigeria · Agriculture & fertilizer57%
Nigerian palm oil producer Presco reduces debt 57%, easing finance costs
- Sierra Leone · Trade16%
Sierra Leone remittances rise 16% annually despite quarterly decline
- Sierra Leone · Macro & prices13.7%
Sierra Leone domestic revenue rises 13.7%, but customs receipts lag
- Sierra Leone · Macro & prices25.6%
Sierra Leone core inflation hits 25.6%, far above headline rate
- Sierra Leone · Energy, oil & gas
Sierra Leone petrol price exceeds cost formula as diesel subsidy shrinks
- Sierra Leone · Regulation & policy
Sierra Leone nine-month fiscal deficit already exceeds annual target
- Togo · Macro & prices2026
Togo lowers 2026 regional borrowing target 14.6% to 396bn FCFA
- Togo · Macro & prices
Ecobank third-quarter profit accelerates after weak first half
- Togo · Agriculture & fertilizer2030
Togo sesame growers aim to nearly triple production by 2030
- Togo · Energy, oil & gas
Togo signs preliminary nuclear cooperation memorandum with Rosatom
- Togo · Construction & industry9.7%
Togo construction activity weakens as services turnover grows 9.7%
Senegal's new business registrations by quarter, second quarter of 2025 to third quarter of 2026
Senegal business registrations climb 17.8% in third quarter
Analysis: The increase partly reflects a weak third quarter in 2025: registrations were just 0.4% above the same period in 2024. Excluding landowners, whose registrations fell 74.7%, the total rose 28.7%, by our calculation. Growth was concentrated in small-scale commerce, not manufacturing. Retail and other commerce accounted for 70.5% of new sole proprietorships, against 1.5% for textiles and 1.1% for food processing. Dakar represented 51.7% of registrations. These figures measure newly issued identification numbers, not businesses operating or creating jobs. ANSD is due to publish its next bulletin on February 7, 2027.
Read the full analysis →Source
New registrations in the national business register (NINEA): 19,686 in the second quarter of 2025, 20,213 in the third, 26,685 in the fourth, 24,449 in the first quarter of 2026, 22,180 in the second and 23,804 in the third. Registrations count new identification numbers, not active businesses, and are seasonal, so compare each quarter with the same quarter a year earlier. Source: statistics agency ANSD, quarterly NINEA bulletins.. ANSD, Dakaractu, « Créations : 22 180 nouvelles immatriculations au NINEA, en baisse sur trois mois mais en hausse de 12,7 % sur un an », August 10, 2026 (ANSD BTNIN, second quarter 2026), Q2 2025 and Q1 2026 and Q2 2026; ANSD, ANSD, Bulletin trimestriel sur les nouvelles immatriculations au NINEA (BTNIN), troisième trimestre 2025 (vie-publique.sn copy), Q3 2025; ANSD, ANSD, Bulletin trimestriel sur les nouvelles immatriculations au NINEA au Sénégal, T4 2025 (vie-publique.sn copy), Q4 2025; ANSD, ANSD, Bulletin trimestriel sur les nouvelles immatriculations au NINEA (BTNIN), T3 2026, posted October 29, 2026, Q3 2026
Tenders closing soon
Open market tenders in key areas with deadlines coming up. Alama Pro members get all of them, with scope, value and the official notice.
- Closes 6 NovBoarding-area seating for Cotonou airport · Benin · Benin airports company SAB (Société des Aéroports du Bénin)
- Closes 6 NovConsulting firm for designs, tender documents and impact studies for valley development (rice) · Senegal · PNAR, Ministry of Agriculture
- Closes 6 NovConverting temporary learning spaces into permanent classrooms in the Nakambé region · Burkina Faso · Enabel (Belgian development agency)
- Closes 6 NovFeasibility study for a heavy-truck fleet renewal fund · Burkina Faso · Transport Sector Program permanent secretariat (SP-PST), for the PRISE economic infrastructure rehabilitation project
- Closes 6 NovIndependent verification agent for the public resource management program · Ivory Coast · Public resource management for jobs and growth program PGRPEC
- Closes 6 NovPalm oil storage center at Adja-Ouèrè · Benin · Plateau agricultural development agency ATDA (Pôle 6)
- Closes 9 NovCompletion of the business school (EHEC) building in Nouakchott · Mauritania · Ministry of Housing, Urban Planning and Land Management
- Closes 9 NovConnection materials for new electricity customers · Togo · Ministry Delegate for Energy and Mining Resources (public procurement officer), IDEA project
- Closes 9 NovCrop seeds and seedlings for homestead gardens in 21 states (three lots) · Nigeria · Federal Ministry of Agriculture and Food Security, Accelerating Nutrition Results in Nigeria 2.0 (ANRiN 2.0) project
- Closes 9 NovDesign review and supervision of the Bansara irrigation scheme, Cross River · Nigeria · Cross River State project unit of the Sustainable Power and Irrigation for Nigeria (SPIN) project
- Closes 9 NovExpansion of the canteen at the Agostinho Neto secondary school in Bissau · Guinea-Bissau · UNICEF Guinea-Bissau (supply office, Bissau)
- Closes 9 NovSupply of materials and equipment for OSPs in Mauritania · Mauritania · Enabel, the Belgian development agency
- Closes 10 NovAwareness campaigns on HIV, road safety and the environment along the Tamaské roads · Niger · Ministry of Equipment and Infrastructure, Tamaské–Tahoua and Tamaské–Mararraba road project (PARTTM)
- Closes 10 NovConstruction equipment for the Lomé-Cotonou road rehabilitation, phase 2 (three lots) · Togo · Ministry Delegate for Public Works and Infrastructure (Directorate General of Public Works)
- Closes 10 NovDrilling of 15 exploratory boreholes in the two Hodh regions · Mauritania · PROGRES natural resources and producers project
- Closes 10 NovEquipment for the Mopoyem and Abengourou fish fingerling stations · Ivory Coast · Food value chain development project PDC2V
- Closes 10 NovLarge-model rutting tester for the national roads laboratory LNR-BTP (relaunch) · Senegal · AGEROUTE
- Closes 10 NovPilot for systematic registration of customary land rights · The Gambia · Ministry of Agriculture, Central Projects Coordination Unit (CPCU)
- Closes 10 NovPrequalification of building and public works contractors for a three-year framework · Burkina Faso · Plan International Burkina Faso
- Closes 10 NovPrequalification: Kouroussa and 16 nearby localities electricity distribution network · Guinea · Electricité de Guinée (EDG) for the Ministry of Energy
- Closes 10 NovRehabilitation, densification and extension of the Labé electricity grid · Guinea · Electricité de Guinée (EDG), PAAEG 2 electricity access project unit
- Closes 10 NovTen motor pumps for village irrigation schemes in Timbuktu and Gao · Mali · Niger Basin climate adaptation program, Mali component (PIDACC/BN-Mali), Ministry of Energy and Water
- Closes 11 NovAerial imagery, orthophotos and cadastral mapping of eight urban areas for the tax office · Togo · Ministry of Finance and Budget, through the PAGDSP project unit (for the revenue office OTR)
- Closes 11 NovEight exploratory boreholes in the Néma and Oualata uplands (two lots) · Mauritania · National Water Resources Center (CNRE)
The Thursday newsletter
Up-to-date information in your inbox by 08:00 GMT, in a consistent format, grouped by key area: focused and relevant.
- Five storiesThe week's most commercially useful changes, each with its number, its source and our analysis.
- Chart of the weekOne trend drawn from official series, with every figure traceable to its release.
- Tender of the weekOne open public tender worth knowing about: buyer, scope, value and deadline.
- Two currenciesFCFA amounts shown with their euro equivalent at the fixed parity of 655.957 FCFA per euro; other currencies, such as the cedi and the naira, as published.
Senegal’s economy by topic
The latest checked official figures, updated as new data comes out. The Thursday newsletter tells you what changed.
Updated November 5, 2026
- Economy1.0%Consumer price inflation, on a year earlier, September 2026See the numbers →
- Trade711.1bn FCFA (€1.08bn)Exports of goods, monthly, August 2026See the numbers →
- Energy, oil and gas2.9 mn barrelsSangomar crude exported, monthly, September 2026See the numbers →
- Mining109.8bn FCFA (€167mn)Non-monetary gold exports, monthly, August 2026See the numbers →
- Industry and construction6.6%Industrial producer prices, change on a year earlier, September 2026See the numbers →
- Tourism and hospitality258,526 passengersDakar airport (AIBD) passengers, monthly, May 2026See the numbers →
The economy, country by country
The number that says what each economy runs on, from Senegal’s oil to Ivory Coast’s cocoa, then its latest growth. Every figure checked against its official source.
- BeninCotton33.7%Cotton’s share of goods exports · Q2 2026Growth 8.3% · Q2 2026See the topics →
- Burkina FasoGold93.5%Gold’s share of export receipts · Q2 2026Growth 5.3% · 2025See the topics →
- Cape VerdeTourism276,598 guestsHotel guests · Q2 2026Growth 8.9% · Q2 2026See the topics →
- The GambiaRemittances$265.5mnPrivate remittance inflows · Q2 2026Growth 5.7% · 2025See the topics →
- GhanaTrade$8.9bnTrade balance (goods) · January–August 2026Growth 6.0% · Q2 2026See the topics →
- GuineaMining15.1 mn tonnesBauxite exports · August 2026Growth 9.2% · Q1 2026See the topics →
- Guinea-BissauExports169bn FCFA€258mnGoods exports · 2025Growth 5.8% · 2025See the topics →
- Ivory CoastCocoa2,421bn FCFA€3.69bnCocoa bean exports · 2024Growth 6.5% · 2025See the topics →
- LiberiaRemittances$92.2mnPersonal remittance inflows · July 2026Growth 5.1% · 2025See the topics →
- MaliGold42.2 tonnesIndustrial gold production · 2025Growth 8.7% · Q2 2026See the topics →
- MauritaniaGas9 cargoesGTA LNG cargoes · Q2 2026Growth 4.0% · 2025See the topics →
- NigerOil346.7bn FCFA€529mnCrude oil exports · Q1 2026Growth 6.9% · 2025See the topics →
- NigeriaOil1.7 mn barrels per dayCrude oil and condensate output · September 2026Growth 4.43% · Q2 2026See the topics →
- SenegalOil206.7bn FCFA€315mnCrude oil exports · August 2026Growth 6.1% · Q2 2026See the topics →
- Sierra LeoneMining$1.3bnMineral exports · 2025Growth 4.8% · 2025See the topics →
- TogoMining478,468 tonnesPhosphate exports · Q2 2026Growth 3.8% · Q1 2026See the topics →
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- No investment, trading or price-forecast advice.
- Public and licensed sources only.
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