Naspers reports its mega-IPO

The South African giant has postponed its $ 100 billion IPO following an administrative error by an external service provider. Naspers, quoted in Johannesburg,...

Cameroon: ASAC calls for the removal of VAT on life and health insurance

The Association of Insurance Companies of Cameroon (ASAC) has appealed to the government on the need to remove the Value Added Tax (VAT) applied...

Africa in a 100% Green Energy Vision!

This May 25th, The Africa Day . The Continent is celebrating a new era of growth and economic development. The Energy Sector is definitely a...

Moody’s assigns first-time local currency deposit ratings of B1 to Stanbic Bank Uganda, Outlook...

Moody's Investors Service ("Moody's") has today assigned B1/Not Prime local currency long-term and short-term deposit ratings and B3/Not Prime foreign currency long-term and short-term...

Kenya Commercial Bank to acquire banks in Rwanda and DRC

The KCB Group, a banking leader in Kenya, plans to acquire a bank in Rwanda and another in the Democratic Republic of Congo (DRC),...

Ivorian banks’ assets reach $ 21 billion in 2018

Côte d'Ivoire recorded a 15% growth in its banking assets, the total of which is estimated at CFAF 12,200 billion, or $ 21.84 billion...

In Lome, Ecobank opens its 31st general meeting after a year with « solid » results

Shareholders of Ecobank Transnational Incorporated (ETI) participate this Thursday in the 31st general meeting of the bank in Lomé (Togo). This meeting comes after...

France: Axa holds its general assembly in serenity

Axa is doing well. Managing Director Thomas Buberl presented fiscal year 2018 as the year of action and decision. Management has worked to build a...

Nigeria: Olam launches takeover bid for Dangote Flour Mills

Singapore's agribusiness group, Olam International, on Tuesday (April 23rd) announced plans to acquire Nigerian businessman Aliko Dangote's Nigerian businessman Dangote Flour Mills (DFM) for...

BNP Paribas seeks buyers for its banks in Tunisia and Gabon

A man is seen in silhouette as he walks behind the logo of BNP Paribas in a building in Issy-les-Moulineaux, near Paris, France, April...

The CFA and the competitiveness of the Franc zone economies

By Amath Ndiaye, Associate Professor University A. Diop Dakar In the current debate on the CFA franc, the argument of an overvaluation of the CFA...

Convention between BNDE-Senegal and SID

The National Bank for Economic Development (BNDE) and the Islamic Society for Private Sector Development (SID), a subsidiary of the Islamic Development Bank Group...

In difficulty, BMCE Bank Of Africa under British umbrella

The capital increase announced by BMCE Bank was the main highlight of a results presentation conference held on April 2, 2019. The operation will see...

Insurance: François Bakou stands up to the Oil Pool of Senegal

The insurance sector in Senegal is under tension. The insurance company Amsa multiplies the maneuvers not to join the Oil & Gas Risks Insurance...