Author: Rédaction Financial Afrik

L’emprunt obligataire de 50 milliards FCFA 7,15% 2021-2028 émis par Oragroup SA a rencontré un franc succès avec un taux de souscription de 154%. La cotation a lieu ce vendredi 14 janvier sur le compartiment obligataire de la Bourse Régionale des Valeurs Mobilières (BRVM). Le montant collecté, destiné au financement du plan de développement de la banque, a été levé auprès d’une large palette d’investisseurs : compagnies d’assurance, caisses de retraite, OPCVM et investisseurs privés et particuliers. Les obligations ont une échéance de 7 ans avec une première date de paiement d’intérêt semestriel de 7,15% le 26 avril 2022 et un premier…

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The group of financial institutions Emrald Securities Services (ESS) creates its new subsidiary called Emrald Securities Services Asset Management (ESS AM). Approved by COSUMAF under number MFAC-SGP-05/2021, its aim is to offer its individual and institutional clients a range of financial investment products via mixed, monetary and bond UCITS responding to different risk profiles and OPCIs. It also offers management under mandate. EMRALD SECURITIES SERVICES is the first independent financial group from the CEMAC zone to provide investors with both a brokerage firm (ESS Bourse which structured and centralized recent bond issues in Congo and Gabon) and a management company…

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Experts from IHU Méditerranée Infection in Marseille, a facility run by Professor Didier Raoult, announced the discovery of a new variant of the coronavirus in early December in the south of France. According to media sources, twelve people were infected with this variant, tentatively called B.1.640.2. All tested positive in the same region and their tests showed an atypical combination, it is specified. Patient zero has returned from a trip to Cameroon, experts say. This new variant is currently under review. And is expected to join the coronavirus family, if confirmed.

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West Africa Rating Agency (WARA) announces the publication of the fourth rating of Senelec (the National Electricity Company of Senegal). On its regional scale, WARA assigns Senelec a long-term rating of “A-“, in investment grade, while its short-term rating is “w-3”. The outlook attached to these ratings remains stable. Simultaneously, on its international scale, WARA affirms to Senelec the following ratings and outlook: iB + / Stable / iw-5. Senelec was created in 1983 to ensure the production, transmission, distribution and sale of electricity in Senegal. Despite having the status of a public limited company, Senelec is fully controlled and…

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Here are the top 5 African Ministers of Economy and Finance. They are all new compared to the ranking of previous years with the exception of Beninese Romuald Wadagni, who was on the short list for the fourth consecutive year. In this exercise of appointing the best ministers, central part of the list of “💯 who are transforming Africa” and of the 18 winners of the Financial Afrik Awards trophies, some 25,000 duly listed voters (a first) cast their vote on a selection. initial made from the crossing of opinions of technical-financial partners (ADB, World Bank, IMF), rating agencies and…

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Interview by Rodrigue Fénélon Massala, senior reporter. Businessman Oumar Diawara entered the daily life of Ivorians when he twice recently seized an Air Côte d’Ivoire aircraft in Bamako and Conakry. On the strength of his judicial victory against the State of Côte d’Ivoire, on the basis of a verdict pronounced by the Common Court of ECOWAS, coupled with an execution order, the Congolese-Malian is however faced with a justice Ivorian evolving in contradiction with community justice. Interview. How do you feel and how do you appreciate the verdict of the Ivorian justice which condemns you to 20 years in prison…

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Mediterrania Capital Partners (MCP), a Malta-based private equity firm specializing in growth investments for SMEs and mid-sized companies in North Africa and Sub-Saharan Africa, announces, on December 19, the success of the IPO of TGCC, one of its portfolio companies. Founded in 1991 by Mohammed Bouzoubaa, TGCC has grown to become the national leader of the construction industry in Morocco, by carrying out large projects that cover several sectors of activity such as residential, hotel, commercial , industrial and infrastructure. The company has completed more than 1,000 projects since its inception, providing integrated design, engineering, procurement and construction services. TGCC…

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Meeting Sunday, December 12 in Abuja (Nigeria), the Conference of Heads of State of the Economic Community of West African States (ECOWAS) discussed several subjects including that of the creation of a single currency called ” Eco ”. And has formulated a (umpteenth) call for the implementation of measures in this direction. “The Heads of State and Government take note of the state of macroeconomic convergence recorded within ECOWAS during the first half of 2021. They urge Member States to take the appropriate measures in order to comply with the provisions of the Pact of macroeconomic convergence and stability between…

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Africa No Filter (ANF), an organization dedicated to changing the narrative about Africa, and Meta have announced a partnership to launch the “Africa of the Future: Telling Stories, Building Worlds” program, which aims to stimulate the use of virtual reality in storytelling in Africa. The program will provide grants and mentorship to help augmented reality storytellers develop new and compelling content about Africa. “Africa of the future: telling stories, building worlds”, is part of Meta’s desire to promote immersive technologies and joins Africa No Filter’s investments in innovative storytelling that changes negative stereotypes about Africa. Moky Makura, Executive Director of…

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The ASEA conference saw 500 participants. Beyond the technicality of the debates, the integration of stock exchange platforms was approached but at the margin. For the most part, this 24th edition of the Annual Conference of the Association of African Stock Exchanges (ASEA) was a success. Organized under the theme “Financial markets, essential engines of the emergence of Africa”, this edition, hosted by the Casablanca Stock Exchange, was a platform for debate and discussion. The speeches of the plenary session confirm the driving role of African capital markets in the economic recovery of the continent. During the opening session, the…

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In a press release sent to Financial Afrik, the friendly and all the staff of the Directorate of Taxes and Domains (DGID) protested and warned “the specialists of the plot and the conspiracy who attack their Director General and to their institution ”. This press release comes in response to press articles accusing the Director General of Taxes and Domains, Bassirou Samba NIASSE, of leading a “bamboula” at a time when the General Directorate of Taxes and Domains (DGID) would face a deficit of 200 billion. “These false and regrettable allegations, the sole purpose of which is to tarnish the…

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The startup Yassir announces that it has closed $ 30 million in Series A. The funds were raised from several investors, including WndrCo, DN Capital, DX Ventures (the investment subsidiary of Delivery Hero), Kismet Capital, Spike (Stanford Alumni ) Ventures and Quiet Capital. Endeavor Catalyst (Endeavor co-investment fund), FJ Labs, Venture Souq, Nellore Capital, Moving Capital (AKA the Uber Alumni Investment Club) and others also participated. Notable angel investors include Cleo Sham, former COO of Uber in Europe and China, Thomas Layton, chairman of Upwork and founder of Opentable and Metaweb, Rohan Monga, former COO of Gojek and Hannes Graah,…

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The 2021 edition of the African Economic Conference, which kicks off on Thursday, December 2, is expected to provide an opportunity for heads of state and policymakers to share their views on how to reshape Africa’s development finance models . The Deputy Prime Minister and Minister of Finance of Cape Verde, Olavo Correia, declares that the said conference is “an extremely important opportunity” to chart the course for the development of the continent, including exploring ways to mobilize national resources and to create modern and efficient fiscal and fiscal regimes. He says this is especially important given the COVID-19 pandemic.…

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Paris, November 29, 2021. Avisa Partners, an economic intelligence, international business and cybersecurity company, and 35 ° Nord, a communications and influence agency specializing in Africa, announce a capital combination. Since its creation in 2010, Avisa Partners has relied on a group of partners and high-level consultants, strong organic growth and numerous acquisitions to accelerate its international development, with an expected turnover of nearly 45 million. euros in 2021. Avisa Partners has 27 partners and 180 consultants and engineers in Paris, Washington, Brussels, London and Geneva. Founded in 2012, 35 ° Nord provides around fifty African and international clients a…

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