South Africa: Debt Burden Will Rise Again (Moody’s and Fitch)

Despite the South African authorities' attempt to consolidate public finances to contain debt, Moody’s and Fitch remain skeptical. In a press release on Monday,...

Liquid Telecom’s capital increase is a great success

African telecommunications group Liquid Telecoms announces that it has successfully raised more than $ 840 million through a bond and term refinancing facility launched...

At 100% of GDP, Congo’s public debt remains unsustainable according to the IMF

Congo's public debt reached 100% of GDP in 2020, according to a statement from the International Monetary Fund (IMF). It "remains unsustainable," comments the...

DRC: 4.5 million USD in the public treasury

In DR Congo, the three-month treasury bills served to two bidders at an interest rate of 27% and auctioned on February 23, 2021, brought...

Iran to launch direct sea line with South Africa

Iran plans to launch direct shipping lines to South Africa and Latin American countries in the coming months. The head of the Iranian Chamber of...

Cameroonian fintech Diool raises 3.5 million USD

The Cameroonian fintech start-up Diool continues its development and attracts new investors in this fundraising of 3.5 million USD intended to finance its operations....

Saham Assurance Maroc: the main indicators evolve in a checkered manner

The main indicators of Saham Assurance Maroc experienced an upward and downward trend in the 4th quarter of 2020, according to data communicated by...

Morocco: Societe Generale expands its network

After opening agencies dedicated to young people and professionals, Societe Generale Maroc is at the bedside of companies. The bank recently inaugurated 3 "business...

Cameroon eligible for funding of CFAF 362 billion from the World Bank

Cameroon's eligibility for the "Prevention and Resilience Allocation (PRA)" window of the World Bank should make it possible to mobilize nearly 362 billion FCFA,...

Vista Bank (Gambia) Limited is the new name of FIBank

Vista Group is pleased to announce that the Central Bank of The Gambia has formally approved the rebranding of First International Bank (Gambia) Limited...

South Africa: TymeBank solidifies to diversify its offer

Portfolio management firms Apis Growth Fund II and JG Summit Holdings have awarded R1.6 billion ($ 108 million) in funding to South African digital...

[Publication] “The bank explained to all – Focus on Africa” ​​by Mamadou Sène

Banker Mamadou Sène announces the publication of his book "The Bank Explained to All - Focus on Africa" ​​on March 4, 2021. The preface...

Cameroon: towards the issuance of a new Eurobond

Cameroon plans to return to the international securities market to raise funds to finance its development. The recovery to growth envisaged this year, combined...

Togo: State collects first FCFA 22 billion stimulus bonds

The State of Togo, through its General Directorate of Treasury and Public Accounts, obtained on February 19, 2021 on the financial market of the...
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