BOAD mobilizes $ 830 million in the international financial market

The West African Development Bank (BOAD) has just completed, on October 16, 2019, its third eurobond with an amount of $ 830 million at...

Niger: the tax on banks

Banking and financial institutions in Niger are gray mines at the beginning of the last quarter of 2019. The reason, interest as sudden and...

Morocco: BCP records first-half net profit increase

Morocco's Banque Centrale Populaire (BCP) announced on Wednesday, September 18, a net profit of 1.64 billion dirhams (170 million dollars) in the first half...

Kenyan insurance companies bite their noses

Insurance companies in Kenya saw their profits plummet to less than 61.5% in 2018 to reach $ 33 million, marking their worst year of...

Sanlam Pan Africa: Nadia Fettah under pressure

One year after  the integration of Saham Finances in the scope of Sanlam, the time is for major managerial changes. Thus, Nadia Fettah, who...

AFC closes Debut Dual Currency Samurai Term Loan Facility

Africa Finance Corporation ("AFC" or "the Corporation"), Africa's leading investment-grade infrastructure solutions provider, announces the successful closure of general syndication which raised...

ADB: Ivory Coast for a second term of Akinwumi Adesina

In the wake of the cabinet reshuffle on 5 September 2019 in Côte d'Ivoire, things are becoming clearer about the position of the first...

Ghana’s GCB Recognized Best Bank in Africa for Compliance

Ghana's GCB Bank Limited has been recognized as the Best African Bank for Compliance by the Association of Certified Professionals in Compliance in Africa...

After absorbing Saham, South African Sanlam scrutinizes Egypt

The South African insurer Sanlam Ltd plans to invest in Egypt in the year 2020, according to its CEO, Ian Kirk, in a statement...

Africa wins in growth of global sukuk market

With an expected 6% increase in 2019, Sukuk or Islamic bond issues around the world are expected to reach about $ 130 billion, up...

Ivory Coast: the BHCI in the eye of the cyclone

Resumed 51.6% by Canadian Westbridge Mortgage REIT since January 2018, the Côte d'Ivoire Habitat Bank (BHCI) is running out of cash. The recapitalization of CFAF...

Mauritania: open market yes, over-indebtedness no (BCM)

  Faced with information on a supposed record high debt ratio, the financial authorities of Mauritania have stepped up to the plate. On the sidelines...

Mauritius Commercial Bank announces a subsidiary in Dubai

MCB Group Ltd, owner of the second largest bank in Mauritius, now has a representative office of its wholly-owned Mauritius Commercial Bank Ltd (MCB)...

The World Bank Group has released $ 59.5 billion in 2019

According to the financial statements released on 9 August by the five institutions of the World Bank Group, total commitments to help countries improve...
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