Prof. Benedict Oramah Re-appointed as Afreximbank President

Shareholders of African Export-Import Bank (Afreximbank) have voted and re-appointed Prof. Benedict Oramah as President of the Pan-African multilateral financial institution for a second...

[The Tribune of Creditinfo] The evolution of retail credit in the banking sector...

By Adamou Sambaré, Managing Director of Creditinfo West – Africa. Covid – 19 has hit the world with a “double shock”: an unprecedented contraction in...

African Development Bank unveils strategy roadmap to safeguard food security against impacts of COVID-19

The African Development Bank has unveiled a strategic roadmap of projects and programmes to assist African countries in tackling the nutrition and food security aspects...

African Risk Capacity Conference of Parties (CoP) Elects a New Director-General

The Conference of Parties (CoP) of the African Risk Capacity (ARC) has elected Mr. Ibrahima Cheikh Diong, of the Republic of Senegal as the new...

Covid-19 and the Sustainable Blue Economy in Africa: More challenges and different opportunities

By Leila Ben Hassen. Today, 8 June, all ocean lovers and stakeholders celebrate the United Nations World Ocean Day 2020, with this year’s theme being”...

Standard Chartered appoints Subhradeep Mohanty as Chief Financial Officer (CFO) for Africa...

Standard Chartered  has today announced the appointment of Subhradeep Mohanty as Chief Financial Officer (CFO) of the Africa and Middle East (AME) region. Subhradeep...

Westbridge Mortgage REIT (WMR) announces further expansion into West Africa with a new bank...

The Canadian mortgage banking specialist confirms its commitment to the African banking market, with the successful closing of the NBM Bank acquisition in Mauritania.  Westbridge...

Private Creditors Establish the Africa Private Creditor Working Group

The Africa Private Creditor Working Group is an initiative to represent the views of international private creditors invested in Africa and to work with...

South-Africa- Morocco : PIC invests USD 50 million in Aradei Capital

The Public Investment Corporation (PIC), on behalf of its client, the Government Employees Pension Fund (GEPF) of South Africa, has acquired a 13% stake...

Afreximbank Bucks COVID-19 On Course to Raise over US$1 billion in Syndicated Loan

The African Export-Import Bank (Afreximbank) vaulted market uncertainties caused by COVID-19 pandemic to successfully conclude a dual-currency Syndicated Loan, raising the equivalent of US$907.5 million, comprised...

US Household Debt per Capita Set to Exceed $43,000

US Loans, Debt and Credit Score Statistics – Full Report 2020 Data gathered by Learnbonds.com indicates the United States household debt per capita is...

Afreximbank Announces $3-Million COVID-19 Response Grant for African Countries

The African Export-Import Bank (Afreximbank) has announced a $3-million grant to complement continental efforts to combat the COVID-19 pandemic. Afreximbank President Prof. Benedict Oramah, who made...

Our collective humanity is at stake: African Development Bank President

African Development Bank Group President Akinwumi Adesina says an accelerated global health and economic effort is needed to overcome the COVID-19 pandemic in Africa. Stating...

Moody’s downgrades South Africa’s ratings to Ba1, maintains negative outlook

Moody's Investors Service, ("Moody's") has today downgraded the Government of South Africa's long-term foreign-currencyand local-currency issuer ratings to Ba1 from Baa3. The outlook remains...
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