Ecobank Côte d’Ivoire in the eye of the storm

Ecobank Côte d'Ivoire is in turmoil over its Asset management subsidiary. Directed until recently by Mike Coffi, Ecobank Asset Management is said to have...

S&P Global affirms African Development Bank’s AAA rating with stable outlook

Abidjan, Côte d’Ivoire 01 February 2021 – Ratings agency S&P Global has affirmed its “AAA/A-1+” foreign currency issuer credit rating of the African Development...

African finance mourns the disappearance of Michel Abrogoua

Farewell Royal Kaïlcedrat of Ebrié Michel Abrogoua is no more. A pioneer of private equity in Africa, the Boss of Phoenix Capital Management SA (PCM)...

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...

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,...

CIMA: postponement of the second phase of the capital increase of insurance companies

Phew of relief for the insurance companies of the Inter-African Conference on Insurance Markets. The passage of the minimum capital from 3 to 5...

Benin completes Africa’s first international bond transaction of the year

Benin completes Africa's first international bond transaction of the year, with the issuance of one billion euros in two tranches with final maturities of...

GCR Ratings, Africa’s largest credit rating agency, expands into Francophone Africa with the acquisition...

Global Credit Rating Company Limited (GCR Ratings) is very pleased to announce the acquisition of a 65% shareholding in West Africa Rating Agency S.A....

FCI and Afreximbank appoint Nassourou Aminou as Regional Manager for Africa

Amsterdam, 4 January 2021.  FCI along with Afreximbank announce the appointment of Mr. Nassourou Aminou as the new Regional Manager for Africa. The recruitment...

On Wall Street, Airbnb’s IPO soars to 144%

Airbnb's IPO has kept its promises on Wall Street. The hosting services giant's share that went public on Thursday (Dec. 10) ended the session...

Covid-19 and Donald Trump vaccines: the fear index falls on the stock market

Wall Street's Volatility Index (VIX) has returned to its February level, before the coronavirus disease was declared a global pandemic by the World Trade...

China surprises the West by launching its own cryptocurrency

The Central Bank of the People's Republic of China will be one of the very first in the world to issue its own Central...

By betting on the coronavirus, Universa Investments posts a return of 4,000%

The speculative fund “Black Swan” Universa Investments is, as its name suggests, specialized in the improbable shocks of the black swan type, these inexplicable...

The 6 largest IPOs in history are Asian

The 6 largest IPOs in the history of global finance are all Asian, as this infographic from Statista shows. Four of them are Chinese. Foremost...
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