- Access Holdings Plc Records Record-Breaking Profit of N612.4 Billion, Marking a 300% Increase
- Senegal: opening of the regular meeting of the Council of Ministers of the UMOA (West African Economic and Monetary Union)
- BRVM investment days Roadshow returns to Johannesburg
- CMOC releases its 2023 annual results – 35.98% YoY record-breaking growth of net profit
- Afreximbank, CDP sign MoU for €200-million facility to support food security interventions across Africa
- Smart Capital: ANAVA Fund of Funds commits investing € 4 million in Janngo Capital Startup Fund
- Senegal: The glorious uncertainty of democracy
- Removal from the Financial Action Task Force (FATF) grey list: experiences shared by two African central banks
Author: Mamadou Sy
The Moroccan Federation of Call Center Staff and Offshoring Trades has launched an alert on the working conditions of outsourced customer services staff in Morocco and Tunisia during this period of health crisis caused by the Covid pandemic. 19. Although the outsourcing of call center work by multinationals offers enormous employment potential, the industry has been criticized for its poor and abusive working conditions, laid bare in the context of the pandemic. The federation calls into question the long working hours, the precarious conditions in which the workers evolve and the lack of adequate protection during the first months of…
The Secretary General of La Francophonie, Her Excellency Louise Mushikiwabo, appointed His Excellency Cheikh Tidiane Gadio, of the Republic of Senegal, as Special Envoy for monitoring the situation in Mali. This designation is part of the resolution adopted on August 25 by the 111th extraordinary session of the Permanent Council of La Francophonie (CPF), to support the process of restoring democratic institutions in Mali and helping to find solutions for exiting lasting and credible crisis taking into account the expectations of Malian citizens. In close coordination with international partners, mainly ECOWAS and the African Union, the Special Envoy will be…
New leaks relayed by the International Consortum of Investigative Journalists reveal at least $ 2 trillion in suspicious transactions between 2000 and 2017, of which $ 514 billion relates to JPMorgan Bank, and $ 1.3 trillion to Deutsche Bank. These Suspicious Activity Reports (SAR) raise doubts about the origin of funds, but do not necessarily constitute proof of fraud. FinCEN Files only represent barely 0.02% of the more than 12 million suspicious activity reports that financial institutions wrote between 2011 and 2017. In other words, a drop of water in the ocean. The analysis of these secret documents more generally…
The Chairman and CEO of the BGFIBank Group, Henri Claude Oyima, made a working stay in Congo Brazzaville on September 19 and 20, 2020 during which he went to report to the highest authorities in the country on the progress of the mission of arranger and financial adviser which was entrusted to BGFI Capital, within the framework of the project of partial clearance of the commercial internal debt of Congo. During the audience that the President of the Republic, Denis Sassou Nguesso, granted to the CEO of the BGFIBank Group, and which was also attended by the Prime Minister and…
The African diaspora continues to undertake despite the containment measures imposed in the world. By continuing their activities despite the risks, they contribute to the economic stability of states. Assa Djelou, native of Saint-Denis in the Paris region, and founder of his firm and the association Desire et Deviens, is a symbol of optimism and resistance. As her slogan indicates, she is “at our side when things get too tough”. Rudy Casbi “The crisis of COVID-19 encourages us to adapt but we continue our consultations”, says Assa Djelou, manager of a psychology practice and at the origin of the Désire…
Congolese Minister of Foreign Trade, Jean-Lucien Bussa, authorized the annual import of 100,000 tonnes of gray cement from Congo-Brazaville to fill the 400,000-tonne shortfall in supply on the market in Grand Équateur, the Grande Province Orientale and Grand Kasaï (western DR Congo). It claims to have limited the import quota to 100,000 tonnes per year compared to the annual needs of the 13 provinces of the Western Block estimated at 400,000 tonnes, or 30,769 tonnes per province per year. Officially, the decision of the Minister of Foreign Trade will help penetrate the internal market and lower the price of this…
After Lisbon and Luanda, Isabel dos Santos in the crosshairs of Dutch justice The richest woman on the African continent has not put an end to the legal setbacks since the democratic withdrawal of her father José Édouardo Do Santos from power. Isabel Dos Santos is again suspected on the Amsterdam side of suspicious financial transactions. According to our sources, the Chamber of Companies of the Amsterdam Court of Appeal decided, Thursday, September 17, to freeze the assets of a company established in Holland and controlled by her husband and business partner, Sindika Dokolo. . The couple-run company Exem Energy…
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com
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