Rating: Bloomfield confirms the BBB + rating awarded to SAFCA S.A

Bloomfield Investment Corporation has confirmed the long-term BBB + rating with a stable outlook previously awarded to Société Africaine de Crédit Automobile (SAFCA), officials...

Maroc: Yassir raises $ 30 million in Series A

The startup Yassir announces that it has closed $ 30 million in Series A. The funds were raised from several investors, including WndrCo, DN...

BancABC officially becomes Access Bank Botswana

BancABC, a Botswana commercial bank, announced on Tuesday (November 30th) that it will now operate under the name Access Bank Botswana. The bank said...

EIB seals € 30m deal with Rwanda Development Bank

The European Investment Bank plans to grant a new long-term facility of 30 million euros to the Development Bank of Rwanda (BRD) for Rwandan...

Kenya: HF Group reduces its loss to 5 million USD in Q3 2021

Kenya mortgage finance specialist HF Group has released its financial results for the third quarter ended September 30, 2021. It shows that the financial...

Why the BEAC promotes the digitalization of insurance companies in the CIMA zone

The Bank of Central African States (BEAC) supports the promotion of transparency in the insurance sector through the launch of a process of recruiting...

Africa Currency Weekly (with Aza)

God Dollar watches over Africa against the Yuan. The Naira is losing ground, the Cedi under wraps, the Rand under pressure, the Egyptian pound...

Maroc: Why Bank Al-Maghrib lets the dirham rise

By ABASHI SHAMAMBA Driven by a contraction in demand for currencies on the foreign exchange market and an explosion in transfers of MRE ($ 9...

BGFI Bank group press release

Libreville, GABON - November 24, 2021. The BGFIBank Group condemns in the strongest terms, acts contrary to the law and to ethics which could...

Banks: 52% drop in BOA Mali’s net income in the third quarter of 2021

The net income of the Bank Of Africa (BOA) Mali, a subsidiary of the BMCE Bank group, experienced a sharp decline of 52% in...

Egypt: Commercial International Bank launches its green bond program

Commercial International Bank (CIB), the main bank in the Egyptian private sector, has launched its green bond program to mainly support the financing of...

Cemac: support from BDEAC for post-Covid economic recovery

After the economic recession caused by the unexpected oubreak of the health crisis linked to the coronavirus which continues to impact on activities, the...

Insurance-DRC: Bernard BARTOSZEK passes the torch to Tarik LEFRIYEKH (Rawsur)

Arrived in January 2021 at the head of Rawsur SA with a clear roadmap, Bernard BARTOSZEK has just completed his mission. The insurance professional...

Burkina Faso mobilizes its partners to finance its 2nd PNDES

The Burkinabè government is mobilizing its partners to finance the second National Economic and Social Development Plan (PNDES-II) 2021-2025. An international conference is planned...
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