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Cedric Tossa

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Nigeria: Quantum Capital Partners Raises $ 5.5 Million for TeamApt

Nigerian company Quantum Capital Partners raised $ 5.5 million for TeamApt, a provider of payment solutions. This funding will allow the development of new financial...

Mali receives 52 billion FCFA from the World Bank

Mali benefited from a 52 billion FCFA envelope from the World Bank under an agreement signed last week on the country's electricity sector. These funds...

South Africa: Insurer Discovery begins banking activities in May

In South Africa, the insurer Discovery plans to launch its banking business towards the end of May 2019. This step will be the result of...

London investor announced at capital of International Facilities Services

Development Partners International (DPI), a London-based private equity firm, has launched its second fund called African Development Partners II for a $ 35 million...

Nigeria: Commercial banks record higher foreign currency deposits

Foreign currency deposits in Nigerian commercial banks reached 5,542 billion naira, equivalent to 15.3 billion USD at the end of December 2018. According to the...

Comoros: IFC to unlock US $ 15 million for Telco

The International Finance Corporation (IFC) has announced it will grant a $ 15 million credit line to Telecom Comores (Telco SA), a Comoros-based telecom...

Benin halves corporate dividend tax

According to Benin's chief tax officer, Nicolas Yenoussi, the state will halve the corporate dividend tax by 2019. This measure aims to stimulate investment...

Ivory Coast retains 33 billion FCFA out of 35 mobilized

Ivory Coast has retained 33,002 billion FCFA on the financial market of the West African Economic and Monetary Union (UEMOA) following its issue by...

Togo receives $ 35 million under the MCC cut-off program

MCC Acting Executive Director Cynthia Huger and Togo's Minister of Economy and Finance Sani Yaya on Thursday signed a US $ 35 million grant...

Gabon: ADB 77 billion FCFA for drinking water supply in Libreville

The AfDB representative in Gabon, Robert Masumbuko, announced on February 12, 2019 that the institution has granted an envelope of 77 billion CFA francs...

The Ivorian Treasury will try to raise 1,429 billion FCFA on...

Ivory Coast will seek to mobilize, this year, 1,429 billion FCFA on the capital markets according to an announcement made by the General Directorate...

Cameroon: spectacular increase in CAMAIR-CO turnover

In its report of activities published on February 12, 2019, the National Airline Company of Cameroon (CAMAIR-CO) declares having achieved a turnover of 26.6...

Côte d’Ivoire: 14% increase in bank balance sheet total in 2018

According to the Treasury and Public Accounting Department of Côte d'Ivoire, the country's banking sector recorded a balance sheet total of 12,000 billion CFA...

Cameroon: signing a new debt reduction contract

The Franco-Cameroonian Volunteer Skills Platform (PCFCV) and the Debt Reduction and Development Contract (C2D) for a technical and financial partnership signed in Yaoundé on...
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