Bpifrance and the Eastern and Southern African Trade and Development bank (TDB) Sign an...
Paris/ Nairobi, 23 June 2021 – Bpifrance and the Eastern and Southern African Trade and Development bank (TDB) announce the signing of a Memorandum...
Insurance: François Bakou stands up to the Oil Pool of Senegal
The insurance sector in Senegal is under tension. The insurance company Amsa multiplies the maneuvers not to join the Oil & Gas Risks Insurance...
Naspers reports its mega-IPO
The South African giant has postponed its $ 100 billion IPO following an administrative error by an external service provider. Naspers, quoted in Johannesburg,...
Insurance-Gabon: the Fegasa is moulting
The Director-General of SCG-Ré, Dr. Andrew GWODOG, took part in the Combined General Meeting of Fegasa (Gabonese Federation of Insurance Companies) held on July...
CEMAC zone: strong increase in electronic money transactions
Electronic money transfers have increased significantly in Central Africa, with a cumulative amount of 8296 billion FCFA in 2018.
Electronic money transactions in the countries...
Westbridge Mortgage REIT (WMR) announces further expansion into West Africa with a new bank...
The Canadian mortgage banking specialist confirms its commitment to the African banking market, with the successful closing of the NBM Bank acquisition in Mauritania.
Westbridge...
Mediterrania Capital Partners’ portfolio company Akdital Holding owns Ain Borja, the Casablanca clinic that...
Valletta, Malta. Mediterrania Capital Partners, a private equity firm focused on growth investments for SMEs and mid-cap companies in North Africa and Sub-Saharan countries,...
Al Baraka Bank South Africa: Net profit up 64% in first half
Al Baraka Bank South Africa, a subsidiary of Al Baraka Banking Group based in Bahrain, announces for the first half of 2019, a net...
Côte d’ivoire: Adiwale Fund I takes a minority stake in Maintenance Air Conditioning (MCT)
Abidjan, June 7, 2021 - Adiwale Fund I announces the acquisition of a minority stake in the capital of the Ivorian company Maintenance Air...
Rwanda: South African Sanlam merges Saham and Soras
South Africa's insurer and financial services group, Sanlam, has announced the complete resumption of the Rwandan insurance companies Soras Assurance General Ltd and Saham...
Turkish economy: domestic demand still at half-mast, but exports boosted by the depreciation of...
• With stagflation becoming a reality, exports represent an important source of revenue for the economy, particularly in the automotive sector
• Exporters are flexible;...
Senegal: a new organization at the National Bank for Economic Development (BNDE)
Since the start of its activities in 2014, the National Bank for Economic Development (BNDE) has been able to adapt its strategy to the...
Rwanda: $ 30 million fund dedicated to research and innovation
Rwanda has decided to release a $ 30 million fund to support the development of the technology sector.
Called the National Research and Innovation Fund...
Morocco, the BED finances the automotive industry
After awarding € 16.5 million to Novares Morocco, the Moroccan subsidiary of the French automotive supplier Novares Group, the European Bank for Reconstruction and...