“Second Intra-African Trade Fair Will generate $40 million in Trade Deals, Afreximbank Chief Says...

The second Intra-African Trade Fair (IATF2020) scheduled to take place in Kigali from 1 to 7 September 2020 will target the execution of Intra-African...

Ivorian banks’ assets reach $ 21 billion in 2018

Côte d'Ivoire recorded a 15% growth in its banking assets, the total of which is estimated at CFAF 12,200 billion, or $ 21.84 billion...

Kasada Capital Management targets the African hotel industry

Kasada Capital Management, a new investment platform dedicated to hospitality in sub-Saharan Africa, closed its first round of fundraising for Kasada Hospitality Fund LP...

Ecobank: no dividends for 2018

For the second consecutive year, Ecobank will not distribute dividends to its shareholders present in Lomé this Thursday for the 31st general meeting of...

The World Bank bets on a $ 65 barrel of oil

Weaker-than-expected global growth prospects and higher-than-expected oil production in the United States led to a downward revision to the oil price forecast for October...

BMCE Bank Of Africa opens its subsidiary in Shanghai

By proceeding this Tuesday, April 23, the opening of its branch in Shanghai, BMCE Bank Of Africa becomes the first Moroccan banking institution to...

In Lome, Ecobank opens its 31st general meeting after a year with « solid » results

Shareholders of Ecobank Transnational Incorporated (ETI) participate this Thursday in the 31st general meeting of the bank in Lomé (Togo). This meeting comes after...

Central Asia, China, Russia: A Threesome of Reason

Belonging to two branches of the New Belt and Road (B & R), Central Asia is both a partner and a commercial gateway for...

France: Axa holds its general assembly in serenity

Axa is doing well. Managing Director Thomas Buberl presented fiscal year 2018 as the year of action and decision. Management has worked to build a...

CEMAC zone: strong increase in electronic money transactions

Electronic money transfers have increased significantly in Central Africa, with a cumulative amount of 8296 billion FCFA in 2018. Electronic money transactions in the countries...

Nigeria: Olam launches takeover bid for Dangote Flour Mills

Singapore's agribusiness group, Olam International, on Tuesday (April 23rd) announced plans to acquire Nigerian businessman Aliko Dangote's Nigerian businessman Dangote Flour Mills (DFM) for...

BNP Paribas seeks buyers for its banks in Tunisia and Gabon

A man is seen in silhouette as he walks behind the logo of BNP Paribas in a building in Issy-les-Moulineaux, near Paris, France, April...

The Egyptian CIB opens a representative office in Ethiopia

The International Bank of Commerce (CIB) has just established a representative office in the Ethiopian capital, Addis Ababa. "The creation of this office is part...

BDEAC unblocks loans of 151 billion CFA francs to Central African countries

Meeting Friday, April 19 at the Sipopo Conference Center in Malabo (Equatorial Guinea), the Board of Directors of the Bank of Development of Central...