Africa’s recovery lagging world amid vaccine deficit

After the worst economic downturn on record, with an estimated 1.9% contraction in 2020, sub-Saharan Africa is set to lag in the recovery this...

Togo: Finance Minister deplores the impact of the political crisis on the national economy

Togo's finance minister, Sani Yaya, lamented on Friday (June 22nd) the continuing impact of the political crisis on the national economy. Addressing the deputies who...

COFINA Senegal partners with MaTontine to expand financial access for low-income women

More than 50,000 low-income Senegalese women will have access to basic financial services such as savings through a new COFINA Senegal technology project and...

A new Rothschild at the head of the Rothschild bank

Alexandre Rothschild, 37, is expected to succeed his father, David Rothschild, on May 17 at Rothschild & Co.'s general meeting. Until then, executive chairman...

Afreximbank Recognised For Role in Africa’s Fight Against COVID-19

African Export-Import Bank (Afreximbank) has been recognized by Global Trade Review (GTR) as Leader in Trade for Pandemic Support and ranked by Global Finance...

Stock market: the BRVM in the bearish wave of the MSCI Emerging Market

By Daniel Aggre, SIKA ADVISORY Abidjan. The downward trend observed since the 2nd quarter of 2018 continued in the 3rd quarter. During this quarter, the...

S&P affirms ATI’s ‘A’ Rating and Stable Outlook owing to strong capitalization and rapid...

After its recently concluded annual review of the African Trade Insurance Agency (ATI), S&P Global Ratings (S&P) affirmed the company’s ‘A’ for Financial Strength...

Equity Group benefits from a loan from the ADB for the financing of SMEs

Equity Group Holdings (EGH), a commercial bank operating in East and Central Africa, is benefiting from a USD 100 million (Kenyan Shilling 11 billion)...

Rwanda: Global Credit Rating lowers the risk score of the financial institutions sector

The South African financial rating agency, Global Credit Rating (GCR), announced Wednesday, May 26, to have lowered the risk score of the financial institutions...

African Development Bank Shareholders approve landmark $115 billion capital increase, signalling strong support

-          Bank's capital base more than doubles. Jumps from $93 billion to $208 billion -          Largest capital increase in the Bank's history signals a united front by...

The G20 is worried about Africa’s debt

Meeting on Saturday 21 and Sunday 22 July in Buenos Aires (Argentina), the 20 most powerful economies of the planet have been concerned about...

Sanlam-Saham: story of a big bang

This is how the largest acquisition of all time in the African insurance industry has taken place. The takeover of Saham Finance, Saham Group's insurance...

Egypt: digital bank Telda raises USD 5 million in pre-seed financing

Cairo-based digital bank Telda has raised $ 5 million as part of a pre-seed funding round. This is the largest pre-seed transaction in both...

The sale of BNP Paribas subsidiaries in Africa takes a political turn

Dossongui Koné, boss of Atlantic Finance and Simon Tiemtoré, CEO of Vista bank in a tight duel for the takeover of the 3 BNP...
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