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Afrique : Ecobank Group Reports $398 Million Profit Before Tax and $1.1billion in Net Revenue in First Half of 2025

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LIBREVILLE, July  30 (Infosplusgabon) - Ecobank Group today announced unaudited financial results for the first half of 2025, reporting a 23% year-on-year increase in profit before tax to $398 million. The Group achieved strong growth and improved efficiency despite economic challenges in key markets. The cost-to-income ratio improved to 49.1%, the best performance in more than a decade, as net revenue grew 12% year-on-year to $1.1 billion. Customer deposits surged by $3.4 billion during the year to $23.9 billion, with 83% held in low-cost current and savings accounts - clear evidence of customers’ growing confidence in the Group.

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South Africa : Dangote's Game Changing Impact on African Energy

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LIBREVILLE,  July 24 (Infosplusgabon) - The historic commencement of operations at the 650,000 barrels-per-day Dangote Refinery has redefined Africa’s refining ambitions, establishing a new epicenter for oil product supply across West Africa and beyond. As the continent’s largest single-train refinery – and one of the most technologically advanced globally – Dangote represents a turning point for African energy self-sufficiency, reducing import dependence and reshaping traditional trade flows within the Atlantic Basin.

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Guinea-Bissau: Lusophone Compact Presents Investment Opportunities to Accelerate Inclusive Development at 15th Community of Portuguese-Speaking Countries (CPLP) Summit

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BISSAU, Guinea-Bissau, July 23 (Infosplusgabon) - The Lusophone Compact Secretariat last week engaged with leaders of the Community of Portuguese-Speaking Countries (CPLP) at their 15th Summit and economic forum in Bissau, Guinea-Bissau. The July 15-18 meetings provided a strategic platform to showcase the Lusophone Compact’s role in attracting private financing to accelerate sustainable economic development in African member countries.

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South Africa : Nigeria’s Lekoil to Showcase Expansion Plans, Environmental, Social, and Governance (ESG)-Driven Growth Strategy at African Energy Week (AEW) 2025

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LIBREVILLE, July 23 (Infosplusgabon) - Edward During, Chief Financial Officer, and Sam Olotu, Chief Technical Officer of Africa-focused oil and gas company Lekoil, will join the lineup of industry leaders speaking at African Energy Week (AEW) 2025: Invest in African Energies in Cape Town. Their participation comes as the Nigerian independent continues to make headlines with its rapid project execution, growing investments and increasing involvement in national development and energy transition initiatives.

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NIGERIA : Afreximbank Annual Meetings record project preparation deals expected to unlock about US$ 1.0 billion in investments

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LIBREVILLE, July 21 (Infosplusgabon) - The 32nd Annual Meetings of African Export-Import Bank (Afreximbank), also known as AAM2025, witnessed a flurry of deal signings with four project preparation transactions signed between the Bank and various entities that are expected to unlock investments valued at about US$ 1.0 billion.

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