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...

Online scam: 80 Nigerians in FBI cards (reactions)

Following the resounding arrest of Nigeria's business icon Obinwanne Okeke, federal prosecutors at the United States Department of Justice said on Thursday that 80...

Oragroup has raised more than 100 billion CFA francs since the beginning of the...

Oragroup announces a € 20 million loan from AFRICA AGRICULTURE AND TRADE INVESTMENT FUND (AATIF), an investment company specializing in agricultural finance in Africa,...

Tunisian-Kuwaiti Bank raises nearly $ 2.5 million in bond market

The Tunisian-Kuwaiti Bank (BTK) raised 7 million dinars (about 2.45 million USD) in the market via a non-public bond bond issued between 11 April...

The governance of banks in the face of ghost companies

By Pierre DELVAL. For the past decade, banks in many countries have demonstrated a better understanding of key aspects of corporate governance: effective board oversight,...

Nigeria: Guaranty Trust Bank eyeing East Africa

The largest bank in Nigeria by assets wants to deploy in East Africa. Guaranty Trust Bank, present in 10 countries including Rwanda, Kenya, Uganda...