Zambia: the « kwacha » sinks into depression following default

Considered now, as the first African country to be in default, Zambia continues to see its local currency (kwacha) depreciated against the main currencies,...

« Tunisian banks face increased credit losses », says Fitch

Tunisian banks will face a sharp rise in credit losses over the next 12 months as borrowers' debt service capacity weakens due to the...

Senegal: FCFA 3.740 billion in debts to be disbursed by the State on November...

The State of Senegal will proceed on November 25, 2020 to the payment of half-yearly interest and to the partial repayment of the capital...

Banks: BICICI makes a loss of 3.612 billion FCFA in 2019

The International Bank for Trade and Industry of Côte d'Ivoire (BICICI), a subsidiary of the French banking group BNP Paribas, made a loss of...

By betting on the coronavirus, Universa Investments posts a return of 4,000%

The speculative fund “Black Swan” Universa Investments is, as its name suggests, specialized in the improbable shocks of the black swan type, these inexplicable...

Nigeria: Kuda digital bank raises $ 10 million

Nigerian fintech start-up Kuda has closed a $ 10 million seed funding round to accelerate its growth and meet customer demand. Kuda joins the...

Kenya: Access Bank finds its gateway to the African market

Access Bank Kenya Plc, a subsidiary of the Nigerian group Access Bank, officially launched its activities in Kenya on Monday, November 9. According to...

Ivory Coast raises FCFA 33 billion on the UMOA financial market

The State of Côte d'Ivoire, through its public treasury, raised on November 9, 2020 on the financial market of the West African Monetary Union...

Cameroon-Re soon on the reinsurance market

Announced in 2019, the new national reinsurance company of Cameroon called “Cameroon-Re” will soon start its activities with a capital of 15 billion FCFA...

The CAC 40 at its zenith: historic 30 minutes of buying the rumor

The CAC40 surprised analysts on Monday, November 9 by buying the rumor to propel itself from 5,030 to 5,330 points on the rumors of...

Burkina Faso: the telecoms match between Orange and Onatel

By Brice Kouao, Abidjan Stock Exchange School. Arrived in 2016 after having bought the local subsidiary of Airtel, Orange took the leadership from Onatel Burkina,...

Private equity firm Development Partners International (DPI) promotes three new partners

Development Partners International (DPI) today announced the co-optation of three new partners, a strong signal for the firm's commitment to supporting Africa's development. Former...

Senegal: Public debt projected at CFAF 9,176.3 billion in 2020

Senegal's total public debt stock is projected at CFAF 9,176.3 billion (€ 13.764 billion) in 2020, according to the economic and financial report appended...

Nigeria: Jaiz Bank ignores COVID-19

Despite the impact of the coronavirus health crisis on the Nigerian economy, Jaiz Bank, the only Islamic bank listed on the Nigerian stock exchange,...
X