Togo: Oragroup Grows Profit 37 Percent As Cost Controls Offset Revenue Dip

Togo: Oragroup Grows Profit 37 Percent As Cost Controls Offset Revenue Dip

Oragroup, the Lomé-based pan-African banking group listed on the BRVM, reported net profit of 6.6 billion FCFA ($11.8 million) in the first quarter of 2026, up 37% from 4.8 billion FCFA ($8.6 million) a year earlier, despite a slight decline in net banking income, making it one of the more counter-intuitive results of the reporting season.