Markets Talk

This week on Markets Talk, we explore the biggest stock market winners across the BRVM and NGX, despite declines in both exchanges. Honeywell Flour Mills surged 30.82% in Nigeria, while SMB Côte d'Ivoire gained 22.64% on the BRVM.

We examine the performance of major market indexes, bond trading activity, and investment opportunities to watch in the coming week.

Also featured: Africa's latest economic developments, dividend payments made in 2026, and practical insights to help investors navigate the markets.

[00:00] – Top Performing Stocks on the BRVM and NGX

[02:20] – BRVM Composite and NGX Al...

This week on Markets Talk, West African stock markets returned to positive territory! The BRVM gained 1.05% after 2 consecutive weeks of declines, while Nigeria's NGX advanced 2.86%, ending a 4-week losing streak.

Discover the week's top-performing stocks, including Bernabé, CIE, and Dangote Cement, and how Sonatel's stock split boosted trading activity on the BRVM.

We also examine bond market trends and major African economic developments, including Dangote Refinery's planned IPO, OPay's withdrawal from Wall Street, and Côte d'Ivoire's removal from the FATF grey list.

Finally, explore investment opportunities for November 2–6, 2026, along with the benefits of D...

In this episode of Markets Talk by Daba Finance, we cover the biggest developments across the BRVM and Nigerian Exchange during the week of October 5–9, 2026.
The BRVM Composite remained nearly unchanged at 546.86 points, while Nigeria's NGX All-Share Index declined 0.97%, despite impressive gains from individual stocks.
We examine the week's leading stocks, bond market activity, and 2026 dividend announcements, alongside major developments involving OPay, Moody's, the BCEAO, and African startup funding.
Finally, discover the market trends to watch during October 12–16, exclusive Daba Pro insights, and a special Daba Academy promotion.

Episode Highlights
[00:00] – BRVM Market Trends and To...

In this episode of Markets Talk, we review a mixed but opportunity-filled week across the BRVM and NGX. The BRVM returned to positive territory, while the NGX experienced a modest pullback after a strong year-to-date rally. We also cover the leading gainers on both exchanges, bond-market activity, 2026 dividend payouts and major African business and investment stories. Finally, we look at the themes investors should watch in the week ahead, along with Daba Pro and Daba Academy.

[00:00] BRVM Returns to Positive Territory

[01:25] Top Performers Across the BRVM and NGX

[02:55] Bond Trading and Yields Across...

In this episode of Markets Talk, we review a contrasting week across the BRVM and NGX. Nigerian equities extended their rally as the NGX All-Share Index reached new highs, while the BRVM declined despite strong performances from several individual stocks. We also examine bond trading, Nigeria’s interest-rate cut, major African economic developments and 2026 dividend activity. Finally, we look at what investors should watch next week and how Daba Pro and Daba Academy can help investors navigate African markets.

This week on Markets Talk, we break down two very different market stories across the BRVM and NGX. Nigeria’s NGX All-Share Index rebounded strongly as gains spread across several major sectors, while the BRVM Composite edged lower despite a sharp increase in trading activity. We also cover the top-performing stocks, bond trading, dividends, major African investment news, and the key themes investors should watch in the week ahead.

Key Highlights:

[00:00] – BRVM and NGX: the biggest market trends of the week

[00:55] – NGX rises 2.78%: sectors driving the rebound and top stocks

[02:35] – BRVM: index sl...

Since our last episode, a lot has happened at Daba. Daba has partnered with Nigeria’s Coronation Group, launched NGX investing on the platform, and opened access to the Dangote Refinery IPO for eligible international investors. We break down the latest BRVM and NGX market moves, the week’s strongest stocks, bond activity and dividend opportunities. We also look at major African investment news and explain what these developments could mean for investors. Finally, we preview what to watch in the week ahead and where Daba Pro subscribers can find deeper market analysis.

Key Highlights:

The BRVM held near record levels after its strong rally, with the Composite and BRVM 30 both ending the week higher. In this episode of Markets Talk, we review the week’s top-performing stocks, the most active bond trades and the latest BRVM dividend announcements. We also look at major economic developments in Cameroon, CEMAC, Ghana and Zambia. Finally, we explain what investors should watch in the week ahead and how Daba Pro and Daba Academy can help.

Key Moments:
[00:00] – BRVM holds near record levels
[01:28] – Top stocks and market rotation
[03:02] – Bond market and the most active t...

The BRVM delivered a historic week as the Composite crossed 500 points for the first time and equity market capitalization moved above 20 trillion CFA francs.
We break down the strongest-performing stocks, including CIE, Uniwax and SAPH, alongside key trends in bond trading and the 2026 dividend season.
Beyond the BRVM, we cover Nigeria’s slowing inflation, Dangote’s IPO and refinery plans, and major capital raises across Africa.
We also look ahead to the coming week and explain how Daba Pro and Daba Academy can help investors make more informed decisions.

Key Moments:
[00:00] – BRVM crosses a hist...

The BRVM delivered another strong week, with all major indexes advancing and trading activity rising sharply. In this episode of Markets Talk, we break down the market’s top-performing stocks, the surge in trading volumes and the most important bond transactions. We also review the 2026 dividend season and major investment stories from Benin, Nigeria, South Africa and across the continent. Finally, we look at what investors should watch in the week ahead and how Daba Pro can help identify opportunities.

Key moments:

[00:00] – Another strong week for the BRVM
[01:20] – SICOR, ERIUM and TotalEnergies lead top stocks...

Four African countries — Côte d’Ivoire, Ghana, Nigeria and Cameroon — produce around 75% of the world’s cocoa, yet farmers capture only a small share of the value created by the global chocolate industry. Now, the four countries are working together through a new Cocoa Value Addition Alliance aimed at shifting the model from simply exporting beans to processing, manufacturing and building more value at home.

In this mid-week edition of Daba Markets Talk, we explore why previous attempts to increase producer power have struggled, why cocoa cannot operate like an OPEC-style cartel, and why the bigger opportuni...

The BRVM finished another week higher, with all major indexes posting gains despite lighter trading activity. In this episode, we break down the week’s top-performing stocks, key bond-market trades and the latest BRVM dividend developments. We also cover major African investment stories involving Dangote Refinery, Moove, PalmPay, Gabon and Morocco. Finally, we look ahead to the opportunities investors should be watching next week through Daba Pro.

Key Moments:
[00:00] BRVM closes another week higher
[01:25] Top stocks: SICOR, SITAB and BOA Côte d’Ivoire
[02:50] Bond market activity and where liquidity is concentrating
[04:05] BRVM divid...

In the mid-week edition of Daba Markets Talk, we examine the planned IPO of the Dangote Petroleum Refinery and why it could become a defining moment for African capital markets. The episode explores the refinery’s role in transforming Nigeria from an exporter of crude oil into a producer of refined fuels, the proposed $5 billion raise, its reported $40 billion valuation, and the potential impact on the Nigerian Exchange.

We also look at regional investor access, the possibility of dollar-denominated dividends, the risks surrounding valuation and expansion, and the key details investors should watch for in the official pr...

In this episode of Markets Talk, we review a week of consolidation on the BRVM, with slight declines in the main indexes but strong gains among selected stocks. We examine the most actively traded companies, leading market performers and bond-market activity. The episode also covers 2026 dividend payments and major financial developments across Africa. Finally, we explain what investors should watch in the coming week and highlight Daba Pro and Daba Academy.

Key Moments:

[00:00] – Opening and performance of the main BRVM indexes
[01:51] – Top stocks and the week’s largest market movements
[03:37] – Bond yields, liquidity and inve...

ECOWAS is once again targeting 2027 for the launch of the Eco, a shared currency intended to make trade, payments, and investment easier across West Africa. This episode traces the project’s four-decade history, explains why repeated launch dates have failed, and examines the economic convergence standards countries must meet before joining.

In this edition, we explore the challenges of applying one monetary policy across economies as different as Nigeria, Ghana, and the CFA franc countries, including inflation, fiscal deficits, exchange-rate policy, and exposure to different economic shocks.

The episode also considers what may be different th...

In this episode of Daba Markets Talk, we examine another positive week for the BRVM, with all major indexes closing higher. We break down the top-performing stocks, bond-market activity and upcoming dividend payments. The episode also explains Nigeria’s interest-rate decision and the economic significance of the Nigeria-Morocco Gas Pipeline. Finally, we highlight opportunities investors can explore through Daba Pro and Daba Academy.

Key moments:

[00:00] – Another positive week for the BRVM indexes
[01:20] – Top stocks and the market’s most actively traded companies
[03:10] – Main decliners and BICICI’s ownership changes
[04:25] – Bond trading and Senegalese gov...

Bridge Bank Group Côte d’Ivoire’s IPO sold out in less than 24 hours, despite being scheduled to remain open for more than 2 weeks. In this midweek edition of Daba Markets Talk, we examine what drove demand for the 67.5 billion FCFA offer, the bank’s financial performance, its 337.5 billion FCFA valuation and the dividend potential that attracted investors.

We also explain what oversubscription means for share allocation, why the speed of the sellout does not guarantee gains after listing and which risks investors should monitor, including credit quality, valuation and market liquidity.

The episode also lo...

In this episode of Markets Talk, we review the BRVM’s performance from July 13 to July 17, 2026. We examine gains across the main market indexes, rising trading activity, and the strong performances of Uniwax, Africa Global Logistics, and Bank of Africa Burkina Faso. The episode also covers bond-market trading, major dividend announcements, and important economic developments across the WAEMU region. We conclude with trends to watch during the coming week and the resources available through Daba Pro and Daba Academy.

Key Moments:
[00:00] – Introduction and gains across the main BRVM indexes
[01:30] – Higher trading activity, with ETIT and Sonate...

In this episode of Daba Markets Talk, we review another strong week for the BRVM as the major indexes closed higher and trading activity increased. We examine the market’s top-performing stocks, the busiest bond trades and the latest dividend payments. We also explain what Bridge Bank’s planned IPO and major economic developments across WAEMU could mean for investors.

Key moments:

[00:00] – Welcome and the BRVM’s extended rally
[01:05] – BRVM indexes, trading volumes and market liquidity
[02:30] – Top stocks, leading gainers and major declines
[04:05] – Bond market activity and the most-traded government bond
[05:25] – WAEMU news, BRVM...

In this first mid-week edition of Daba Markets Talk, we explore Africa’s fast-growing stock markets and why the continent’s exchanges are becoming serious investment destinations. The episode looks at the rise of African market capitalization beyond $2 trillion, Nigeria’s powerful equity rally, and the BRVM’s emergence as a unique regional exchange serving eight Francophone West African countries. It also explains what is driving BRVM growth, from WAEMU economic expansion and CFA franc stability to strong listed companies and dividend opportunities. The episode closes by highlighting how platforms like Daba are making African stocks, bonds, funds, research, and inve...

In this episode of Markets Talk, we review a positive week for the BRVM, with major indexes rising and buyers leading the market.
We break down the week’s top stocks, including ETIT, Sicor Côte d’Ivoire, and Total Sénégal, while explaining what these moves mean for investors.
We also cover the bond market rebound, 2026 BRVM dividends, and major regional stories from Côte d’Ivoire and WAEMU.
The episode closes with what to watch next week, plus a reminder on Daba Pro and Daba Academy.

Key moments
[00:00] – Introduction and a positive w...

In this episode of Markets Talk, we review another positive week for the BRVM, supported by gains across the major indices and strong activity in selected stocks. We break down the week’s top performers, key bond market movements, the 2026 dividend season, and major WAEMU economic news. A clear and accessible episode for investors who want to understand what these market moves mean in practical terms.

Key moments:
[00:00] – The BRVM closes the week in positive territory: key indices to know
[01:10] – Trading volumes surge: why more shares traded does not always mean more value
[02:20] – Top stocks o...

In this episode of MarketsTalk, we review a positive week for the BRVM, with the main indexes moving higher, strong activity in leading large-cap stocks, and renewed investor interest in selected names. We also explain the week’s top-performing stocks, the concentration of bond trading in Ivorian sovereign debt, and the latest updates from the 2026 BRVM dividend season. Finally, we look ahead to the opportunities investors should monitor, while highlighting Daba Pro and the current Daba Academy promotion.

Key moments:
[00:00] – Introduction: a positive week for the BRVM
[01:20] – Indexes move higher: BRVM Composite, BRVM 30, Prestige and Princi...

In this episode of Markets Talk, we review a positive week on the BRVM, despite only 3 trading sessions. The main indexes ended in the green, with gains in both the BRVM Composite and the BRVM 30.
We look at the stocks that drove market activity, including Servair Abidjan, Africa Global Logistics Côte d’Ivoire, Bernabé Côte d’Ivoire, and Sonatel Senegal.
The episode also covers the bond market, Mali’s sovereign debt outlook, and the 2026 dividend calendar.
Finally, we explain what these trends mean for investors, and how Daba Pro and Daba Academy can help investors...

In this episode of Markets Talk, we review a strong week for the BRVM, marked by gains across the main indexes and the BRVM Composite moving above 420 points. We look at the week’s top-performing stocks, including CIE Côte d’Ivoire, NSIA Banque Côte d’Ivoire, and Tractafric Motors Côte d’Ivoire. We also explain why dividends remain a major driver for BRVM investors, with several companies announcing or preparing dividend payments in 2026. Finally, we discuss bond market activity, regional developments, and the opportunities investors should watch with Daba Pro.

Key moments
[00:00] – The good news of...

In this episode of Markets Talk, we review the BRVM market performance for the week of May 11 to May 15, 2026. The main indexes closed higher, several stocks posted strong gains, and Sonatel once again dominated trading activity. We also look at the bond market, the role of sovereign bonds in WAEMU, the 2026 dividend season, Daba Academy, and the opportunities investors should watch with Daba Pro.

Key moments:
[00:00] – The BRVM ends the week higher: a positive signal for investors
[01:20] – Indexes and volumes: why the market rose despite weaker activity
[02:50] – Top stocks of the week: Bernabé CI, Coris B...

In this episode, we review the week of May 4 to 8 on the BRVM, a week marked by rising market indexes, stronger trading volumes and an active dividend season. We look at the top-performing stocks, the biggest declines, bond market activity and major company news from listed BRVM companies.
The episode explains what these market movements mean for investors, including renewed confidence, the search for income, the importance of dividends and the need for caution around speculative rallies. We also look ahead to the week of May 11 to May 15, with a reminder of how Daba Pro and Daba Academy...

In this episode of Markets Talk, we review the BRVM trading week from April 27 to April 30, 2026. Despite a shortened week, the main indexes moved higher, supported by investor confidence, positive Q1 results, and fresh dividend announcements. We also break down the week’s top-performing stocks, the latest dividend trends, bond market activity, and key company news across the WAEMU region. This episode helps investors understand where opportunities are emerging and what risks to watch in the week ahead.

Key moments:
[00:00] – Introduction: good news for BRVM investors
[01:50] – Market indexes rise despite lower trading volumes
[03:55] – Top gainers...

In this episode of MarketsTalk, we break down a strong week on the BRVM, marked by rising indices and renewed investor confidence. We explain which stocks drove the market, why banks and large companies are leading the momentum, and what’s happening in the bond market. We also cover key economic developments across West Africa and what they mean for investors. Finally, we highlight dividend opportunities and how to position yourself for the week ahead.

[00:00] – A strong start: BRVM moves higher
[01:05] – Market indices explained: what is driving the rise
[02:15] – Top performers: stocks leading the market

In this episode, we break down a mixed week on the BRVM. While market indices declined slightly, investor activity increased significantly. We explore top-performing stocks like Sicable and SAPH, analyze the strong demand for government bonds, and review the latest dividend announcements. A clear and practical episode to help you understand what these trends mean for your investments.

Key Moments:

[00:00] – Introduction: a declining but active market
[01:10] – BRVM indices fall: what it means for investors
[02:20] – Top performers: Sicable and SAPH explained
[03:30] – Bonds: why investors prefer government securities
[04:40] – Dividends: yields and key announcements
[06:00...

In this episode of Markets Talk, we break down a positive week on the BRVM, where market indices rose despite a sharp decline in trading activity. We explore the top-performing stocks, analyze sector rotations, and explain what dividend announcements from major banks reveal about economic conditions. You’ll also learn why some large-cap stocks declined, how bond markets are evolving, and what opportunities may lie ahead for investors in West Africa.

Key Moments:
[00:00] – A positive BRVM week despite lower trading volume
[00:35] – Understanding BRVM indices performance
[01:05] – Top gainers and sector momentum
[01:50] – Why some major stocks dec...

In this episode of Markets Talk, we break down a mixed week on the BRVM, where major indexes declined for a second consecutive week while trading activity surged. We explore the top-performing stocks, the reasons behind recent market declines, and what this means for investors across West Africa. We also dive into the growing importance of bonds and dividend income in building a resilient portfolio.

Key Moments:
[00:00] – Strong activity despite market decline
[00:28] – BRVM indexes move lower for the second week
[00:55] – Rising trading volumes and what they signal
[01:35] – Top performing stocks of the week
[02...

In this episode of Markets Talk, we break down a mixed week on the BRVM, marked by a slight decline in market indices but strong underlying opportunities. We explore top-performing stocks, explain market corrections in simple terms, and highlight the beginning of dividend season with yields above 5 percent. A clear and practical episode to help investors understand where value is emerging in Francs CFA markets.

Key Moments:
[00:00] – Introduction: a declining market with hidden opportunities
[00:25] – BRVM Composite and BRVM 30: why indices moved lower
[00:50] – Lower trading volumes explained by shortened week
[01:20] – Top gainers: CFAO Motors, Total CI...

In this episode of MarketsTalk, we review the BRVM stock market performance for the week of March 9 to March 13, 2026. The main market indexes moved higher as investor confidence returned to the regional exchange. Setao Côte d’Ivoire delivered a remarkable performance, while several banking stocks also recorded strong gains. We also examine activity in the bond market and explain what these developments mean for investors across West Africa.

Key Moments:

[00:00] Introduction and market overview
[01:05] BRVM Composite and BRVM 30 indexes move higher
[02:10] Market activity and trading volume trends
[03:10] Setao Côte d’Ivoire...

In this episode of MarketsTalk, we break down the key developments on the BRVM stock exchange during the week of March 2 to March 6. While the market indices moved slightly lower, several companies delivered strong gains, including Tractafric Motors, Oragroup, and Total Senegal. We also analyze trading activity, the continued dominance of Sonatel in market liquidity, and strong momentum in the regional bond market. A clear and accessible overview of what these trends mean for investors across West Africa.

Key Moments

[00:00] – Introduction: a mixed but opportunity-filled week on the BRVM
[00:45] – Market overview: BRVM Composite and othe...

In this episode, we break down the strong performance of the BRVM during the week of February 23 to 27. The Composite and BRVM 30 indices posted solid gains, supported by standout performances from Solibra and Safca. We explain why earnings, margins, and fiscal policy matter for investors, using recent quarterly results as context. We also examine bond market activity and highlight what to watch in the coming week.

Key Moments:
[00:00] – Strong week for the BRVM: broad market gains
[00:55] – Breaking down the 3.81 percent rise in the Composite Index
[01:50] – Lower trading volumes but higher transaction value explained
[02:45] – Solibra’...

In this week’s episode of Markets Talk, we break down the strong rally on the BRVM between February 16 and February 20. The main indices advanced, trading volumes increased, and several stocks delivered standout performances. We also analyze SONATEL and Orange Côte d’Ivoire’s 2025 results and dividend announcements, and explain why 10-year sovereign bonds attracted heavy investor interest. A clear, accessible episode designed to help investors understand what these movements mean for their portfolios in West Africa.

Key Moments:
[00:00] – Strong start: BRVM confirms upward momentum
[01:05] – BRVM Composite and BRVM 30: what coordinated index gains mean
[02:10...

In this week’s episode, we break down the strong rally on the BRVM, with the Composite Index rising 4.09 percent and trading volumes surging sharply. We analyze the top-performing stocks, explain why rising liquidity confirms market strength, and examine key developments in the bond market. You will also understand what these trends mean for investors across West Africa and how to position strategically in a rising market.

Key Moments:
[00:00] – Strong opening: BRVM Composite rises 4.09 percent
[00:50] – Trading volumes jump over 75 percent: why it matters
[01:35] – BRVM 30 and Prestige indices confirm broad momentum
[02:20] – Top weekly gainers and stando...

In this weekly episode of Markets Talk podcast, we review the February 2 to February 6 period, marked by a strong advance in BRVM indices despite a cautious global risk environment. We explain what drove market gains, highlight the week’s top-performing stocks, and break down bond market activity in clear, simple terms. The episode also outlines what these trends mean for investors positioning portfolios across West African markets.

Key Moments
[00:00] – Good news to start the week as the BRVM ends higher
[01:05] – BRVM Composite, BRVM 30, and BRVM Prestige explained simply
[02:20] – Rising prices with lower volumes and what thi...

A strong week on the BRVM marked by rising indices, higher trading volumes, and renewed investor confidence. In this episode, we break down the top-performing stocks, explain recent market corrections in simple terms, and provide a clear overview of bond market activity, including why sovereign bonds continue to attract investors. A concise, educational episode designed to help investors better understand market movements in Francophone Africa.

Key Moments
[00:00] Strong opening: BRVM closes the week in positive territory
[00:50] Understanding BRVM indices: Composite, BRVM 30, and Prestige
[01:45] Trading volumes and liquidity: what the numbers really mean
[02:40] Top-performing...