Author: Adama WADE

Publishing Director of Kapital Afrik. In the African economic press for 17 years, Adama Wade had to work in Morocco in several editors. Captain at the Long Course of the Merchant Navy and holder of a Masters in Organizational Communication, Adama Wade has published an essay, "The Myth of Tarzan", which describes the geopolitical complex of Africa.

The ranking of the top 30 African banks, determined from the total balance sheet, market capitalization, outstanding loans and deposits, GNP and, above all, African expansion (sufficiently overweighted), does not claim to be exhaustive. This is an affirmed bias in favor of institutions that invest outside their countries of origin, thereby contributing to increasing inter-African flows. The second bias represents the bet of transparency. Listed companies are favored by our barometer because we believe that not going public these days is a major obstacle to transparency and the modernization of the financial sector. In short, this Financial Afrik ranking offers…

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Niger’s largest bond issue on Monday recorded a resounding early close. Open for subscription on August 16, 2021, the operation called “TPN 6.3% 2021-2031”, initially spread out until September 3, was more than 250% oversubscribed with an order book showing 367 billion euros. FCFA for an offer of 150 billion FCFA. The early closing was announced at approximately 3 p.m. But technically, explains Djibril Beidari Touré, CEO of SGI Niger, the loan was oversubscribed in barely an hour. Eager for fresh paper, the WAEMU financial market thus expresses all its confidence in Niger’s strategic orientations. In addition to the fundamentals…

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The Public Treasury of Niger issues 150 billion CFA Francs by public offering on the financial market of the West African Economic and Monetary Union (UEMOA). This is the largest bond issue in the history of this Sahelian country with a subsoil rich in uranium and oil. The subscription period runs from August 16 to September 3, 2021. Referred to as “TPN 6.3% 2021-2031”, the ten-year issue with an interest rate of 6.3% has as arranger and lead manager SGI Niger led by Djibrilla Beidari Touré. The placement syndicate includes CGF Bourse, Africabourse and Coris Bourse.

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The Pan-African industrial group Eranove, a major player in the management of public services and the production of electricity and drinking water in Africa, has just increased its capital. This is a major turning point for this group, which is increasingly present in basic infrastructure (water and energy) and the financial sector. The capital increase was subscribed by the new company ECP Power & Water Holding, carried by its historical shareholder Emerging Capital Partners (ECP), AP Moller Capital, fund manager specializing in the infrastructure sector and developing markets, DEG and IFU, German and Danish development finance institutions dedicated to the…

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“Rwanda is a country open to business, regardless of nationality” The Kigali International Financial Centre is aiming to become one of Africa’s largest financial centres in the spirit of coordination with the other African financial centres. In this interview, Nick Barigye, CEO of Rwanda Finance Limited, unveiled his country’s strategy to attract global investors and international talents. “We want to connect international investors with opportunities across Africa and to connect African entrepreneurs with global capital”. How do you present Rwanda Finance Limited? RFL is the agency leading the development and promotion of the Kigali International Finance Centre (KIFC). First, allow…

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In the exclusive interview given to Financial Afrik in its issue 81, Pathé Dione, CEO of the SUNU Group, announces the conclusion of a strategic agreement on the exit of Sanlam from the Sunu round table and the refocusing of its West African activities. on Dakar. We are considering the creation of two or three other banks in our major countries to strengthen our Life, P&C and banking synergy. 23 years ago, in 1998, then employed by a large group with comfortable treatment, you created the SUNU Group with your partners. First of all, who was Pathé Dione at that…

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The spread of the covid-19 pandemic is accompanied, like all major events, by a plethora of conspiratorial theses. Thus, according to a survey carried out by the firm Smart Phorce in partnership with Financial Afrik, 15% of Africans believe that vaccines were invented by Westerners to harm them. In Cameroon, the proportion rises to 44%. “Overall, conspiracy theory comes third in the grounds for refusal, behind fear of side effects (20%) and mistrust of vaccines developed too quickly (16%)”, says Jean-Paul Melaga , CEO of Smart Phorce, a firm specializing in opinion polls and the qualitative and quantitative analysis of…

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Interview with Nick Barigye, CEO of Rwanda Finance Limited To be continued Today from 10am GMT on: Website: financialafrik.com Facebook: https://www.facebook.com/events/4141806409216225/ Youtube: https://youtu.be/5pdhgZZ0a48 The Kigali International Financial Center aims to become one of the largest pan-African financial centers in a spirit of coordination with other African financial centers. In this interview, Nick Barigye, CEO of Rwanda Finance Limited, unveils his country’s strategy to attract global investors and talent. “We want to connect international investors with opportunities across Africa. We want to connect African entrepreneurs with capital from around the world. ”

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Reelected in the first round of the presidential election on April 11 with 86% of the votes cast, Beninese President Patrice Talon made public on Tuesday May 25 the list of members of his new government, 48 hours after his inauguration. This new government is made up of 23 members including 5 women. There are 3 exits and 2 entries. The choice of stability prevailed over the upheaval that many of the president’s supporters expected. Among the departures, we note that of Sacca Lafia, the former Minister of the Interior who now sits on the Electoral Council, of which he…

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Jusqu’à présent, les affaires de corruption en Afrique concernent encore d’anciens présidents ou ministres généralement arrêtés lorsqu’ils descendent de l’avion à Londres, Paris ou New York. En plus des saisies de biens mal acquis, il y a les gels de comptes alimentés par l’argent de la corruption qui ne revient qu’exceptionnellement et se répercute à la source. Dans ce marché juteux, les ONG jouent un bon rôle dans l’indexation des États africains. Dans le scénario, nous avons toujours minimisé le rôle des multinationales, ces seigneurs altruistes qui financent la société civile, qui la rejette sur eux avec cette exigence respectueuse…

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The BIDC loan of 50 billion CFA Francs opened for subscription on Monday, May 10, was closed early, in one day. According to exclusive information from Financial Afrik, the order book recorded a record subscription of around 260%, testifying on the one hand to investors’ appetite for fresh paper of good quality, remunerative and with a rather risk profile. weak and, on the other hand, the good structuring proposed by the main arranger, Impaxis Securities assisted by an investment syndicate comprising, as stated by Ababacar Diaw (interview), Coris Bourse as co-arranger and co-head leader and Ecobank Development Corporation (EDC) as…

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The ECOWAS Investment and Development Bank (EBID) launches a Bond Loan of 50 billion CFA Francs ($ 91.5 million) on the financial market of the West African Economic and Monetary Union (UEMOA), May 10 to 24, 2021. This is a great first this year for the BRVM bond compartment, positioned on long-term solicitations. The institution, chaired by the Ghanaian George Agyekum Nana Donkor, thus takes an important step in its new vision centered on the intensification of the mobilization of resources in the service of the financing of the development infrastructures of West Africa. The money mobilized under this loan…

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Dina El Kadry launches the first mortgage intermediation platform in Senegal. Former director of mortgage loans at the CBAO Attijariwafa Bank group, this finance and communications professional wants to facilitate the sometimes restrictive relationship between banks, real estate developers and potential buyers. “In Senegal,” she explains, “the process of acquiring real estate is not well understood by first-time buyers. Buyers often lack reliable information to assess the quality of the property and make the right choice for the mode of financing ”. Also, employees, members of the liberal profession or other categories perfectly eligible for a mortgage are sometimes unaware…

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BADEA and FAO formalized their long-standing partnership by signing a Memorandum of Understanding on the sidelines of the “High Level Dialogue on Africa’s Food: Leadership to Scale Up Successful Innovations”, co-organized the 29 and April 30, 2021 by the African Development Bank (AfDB) and the International Agricultural Development Fund (IFAD) in collaboration with the Forum for Agricultural Research in Africa (FARA) and the Consultative Group for International Agricultural Research (CGIAR). BADEA and FAO have collaborated on many projects in different African countries. But, in the BADEA 2030 strategy, such a convention, signed jointly by the Director-General of the Food and…

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