Cote d’Ivoire: Nei-Ceda’s Losses Narrow As Revenue Surge Signals Season Recovery

NEI-CEDA (BRVM: NEIC), the Abidjan publisher controlled by France’s Hachette Livre, still lost money in the first quarter of 2026 — but the scale of improvement in revenue tells a more interesting story than the bottom line does. Sales more than doubled year-on-year, a reversal from the steep declines that marked recent first quarters.

The net loss narrowed to 168.9 million FCFA ($301,800) from 189.9 million FCFA ($339,400) a year ago, a modest improvement in absolute terms. But the revenue move…