African Bank: the general manager returns the apron

South African bank African Bank announced Monday, January 25, that its chief executive, Basani Maluleke, has resigned from the group to pursue other career...

Stock exchange: the CREPMF withdraws the authorization granted to La Générale des finances

By decision No. 230/2020 / CREPMF dated December 16, 2020, the Regional Council for Public Savings and Financial Markets (CREPMF) withdrew the approval granted...

DRC: USD 10.406 billion in turnover for the banking sector

The turnover of the banking sector in the Democratic Republic of the Congo was 10 billion 406.5 million USD in 2020 against 8 billion...

Cameroon: nearly $ 2 billion in money laundering

The risk of money laundering and terrorist financing is high in Cameroon. According to the National Financial Investigation Agency (ANIF), between 2006 and 2017,...

Ungrateful, Wall Street has already sold Donald Trump to buy Joe Biden

Long paralyzed by the Joe Biden program to cancel the tax incentives put in place by his predecessor, Wall Street has turned tack, welcoming...

Togo: towards the establishment of a digital bank

The government of Togo aims to set up a digital bank to offer digital financial services. This, within the framework of its financial inclusion...

Treasury bills: Ivory Coast raises 33 billion FCFA on the financial market of UMOA

The State of Côte d'Ivoire, through its General Directorate of the Treasury and Public Accounts, raised on January 19, 2021 an amount of 33...

Jack Ma resurfaces and makes Ali Baba action jump

Jack Ma appeared in public at a rally held Wednesday, January 20 with teachers in his hometown of Hangzhou. With less teeth than usual,...

The Banque Populaire Foundation equips students in disadvantaged neighborhoods of Casablanca with digital tablets

The Banque Populaire Foundation took part, on January 18, 2021 in partnership with the Regional Academy of Education and Training (AREF) of Casablanca-Settat, in...

CDC and TDB sign a USD 100 million short-term finance facility

CDC Group, the UK’s development finance institution and impact investor, has announced a USD 100 million debt commitment to the Eastern and Southern African...

Kenya: COVID-19 panics the insurance market

Shaken by the coronavirus crisis, the Kenyan insurance sector performed poorly in the second quarter of 2020. According to the latest data from the Insurance...

BLOM Bank sells all of its stake in its Egyptian subsidiary to ABC

Lebanese bank BLOM Bank announced on Sunday (January 17th) that it had sold its 99.4% stake in its Egyptian subsidiary BLOM BANK Egypt to...

Congo: Sunu is interested in Allianz

The Sunu Assurance group has initiated a process to take over the subsidiary of the Allianz group in Congo-Brazzaville. The operation remains subject to...

Senegal: 0.4 point drop in business climate in November

The business climate in Senegal recorded a slight drop of 0.4 point at the end of November 2020 compared to the previous month, according...
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