Côte d'Ivoire: CFAO Mobility to pay out over 11 billion FCFA in dividends to shareholders

CFAO Mobility Côte d'Ivoire will pay out over 11 billion FCFA to its shareholders for the 2025 financial year, according to Financial Afrik. This distribution places the company, listed on the Bourse Régionale des Valeurs Mobilières (BRVM) in Abidjan, among the most generous dividend-paying stocks on the Ivorian market. The exact amount per share and the date of the general meeting have not been specified. CFAO Mobility Côte d'Ivoire, formerly CFAO Motors, is the Ivorian subsidiary of the CFAO group, itself owned by the Japanese conglomerate Toyota Tsusho Corporation since 2012. The company distributes Toyota vehicles and other automotive brands, operating a network of dealerships, maintenance workshops, and spare parts sales on the Ivorian market. For shareholders, this distribution confirms the sustained profitability of the automotive distribution business in Côte d'Ivoire, driven by vehicle fleet growth and demand from businesses and administrations. For the regional stock market, it reinforces the attractiveness of the BRVM to investors seeking yield-generating stocks. This performance is part of a context of sustained Ivorian economic growth, with Côte d'Ivoire posting one of the highest growth rates in West Africa in recent years, boosting imports of new vehicles. Furthermore, the stability of the FCFA, pegged to the euro, limits exchange rate risk for