Versus Bank Ivory Coast: when the state wants to smother a founding shareholder
Always in the process of privatization, never ceded, the Versus Bank becomes a chestnut of the financial press. Behind this strategic operation announced regularly,...
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)...