South Africa: Standard Bank Acquires Liberty Holdings Insurance Platform

The South African Standard Bank Group Ltd bought the technology platform of the short-term insurance business of South African insurer Liberty Holdings for 145...

Wara raises the rating of Coris Bank International

WARA upgraded Coris Bank's long-term local currency rating International (CBI) from BBB to 'BBB +' in May 2018. This rating is at the same...

ISLAMIC FINANCE IN SENEGAL

Islamic finance covers all financial and commercial activities that respect the principles of Islamic law and jurisprudence, commonly known as Sharia or Islamic law....

UIB, the best International Trade Finance Bank in Tunisia

The International Union of Banks (UIB) has just been awarded as "Best International Trade Finance Bank" in Tunisia in 2018 by the world-renowned "Global...

Atiq Rehman, CEO for Citi Middle East & Afric: “Citi remains deeply committed to...

Financial Afrik met with Citi’s CEO for the Middle East and Africa. In this role since 2015, Atiq Rehman outlines his vision for Citi...

Standard And Poor’s raises Senegal’s rating

The rating agency Standard and Poor's (S & P) has just noted Senegal's rating. The country of Téranga is going from B + with...

On the departure, Tidiane Thiam approached at the IMF

After almost ten years in the top management of the world's largest financial companies, the Franco-Ivorian banker is expected to succeed Christine Lagarde at...

Interview with Ayman Amine Sejiny, Chief Executive Officer of ICD

The Islamic Corporation for the Development of the Private Sector (ICD) is at the Islamic Development Bank (IDB) what the IFC (International Finance Corporation) is...

Coris Bank International launches « Coris Money »

Coris Bank International launched "CORIS MONEY" on Friday, November 30, 2018 in Ouagadougou. It is an electronic purse that allows Burkinabe to send and...

Kasada Capital Management targets the African hotel industry

Kasada Capital Management, a new investment platform dedicated to hospitality in sub-Saharan Africa, closed its first round of fundraising for Kasada Hospitality Fund LP...

JP Morgan Chase & Co launches in Kenya

JP Morgan Chase & Co, the largest US bank plans to start operations soon in Kenya. In fact, Jamie Dimon, the bank's Chief Executive Officer,...

Congo: Sino-Congolese Bank offers 35 billion FCFA

Launched in 2016, the headquarters of the Sino-Congolese Bank for Africa (BSCA) was inaugurated with great fanfare on April 10 in Brazzaville in the...

Ecobank loses bank authorization in Angola

The Angolan central bank canceled last week the authorization granted to the pan-African financial group Ecobank Transnational Inc. to create Ecobank Angola after its...

BEAC announces new rate hike

The Bank of Central African States (Beac) announced, at the end of the third monetary policy committee on 31 October, that the interest rate...