Global financial crisis on the horizon: Africa in communicating vessels
African stock markets plummet at the end of the first quarter of 2019. All studies show, the rise in interest rates of the Fed...
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...
Ghana: Zenith Bank Reaches Central Bank Minimum Capital Requirement
While the deadline for the minimum capital requirement required by the Central Bank of Ghana (BoG) is December 31, 2018, Zenith Bank is surprised...
Senegal: Tamweel Africa Holding Group and BIS subsidiary launch Tamweel Touch mobile app
The Islamic Bank of Senegal (BIS) has pledged full entry into the digital world and is in tune with the demands of the market....
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...
5000 African entrepreneurs meet in Lagos
Tony O. Elumelu: "In just four years, we directly reached 4,460 entrepreneurs and we are starting to see the results."
The 4th annual Tony Elumelu...
Kenya: nine banks pinned in a corruption case
The Kenya government launched last Monday a survey targeting ten financial institutions including nine banks suspected of handling stolen funds at the Government Youth...
Seychelles launches World’s First Sovereign Blue Bond
The Republic of Seychelles has launched the world's first sovereign blue bond-a pioneering financial instrument designed to support sustainable marine and fisheries projects.
The bond, which raised...
Binta Toure NDoye, CEO of Oragroup: « We expect annual growth of 30% of all...
Oragroup begins the process of joining the BRVM with the issue and sale of 13.88 million shares in the regional market as of October...
Mobile Money and Inclusion: PCO poses three founding acts in Senegal
The Banque Centrale Populaire (BCP) has just taken a majority stake in Wizall, a Mobile Money player with Total Sénègal among its shareholders. This...
Fire risk markets in Senegal: Sunu package
Sunu Assurance and the Unacois Yessal network (group of merchants of Senegal) will sign an important agreement on Tuesday November 6th, 2018.
The objective is...
Mali issues its first Sukuk to 150 billion F CFA
Mali has just launched its first bond in the form of sukuk (bonds compatible with sharia) called "SUKUK State of Mali 6,25% 2018-2025".
The transaction...
Jumia, the « African » Amazon, still in the red
By Jacques Leroueil
With a focus on profitability for the time being, the pan-African online sales platform is aligning a new negative exercise.
Like its big brother...
Emerging country debt exceeds $ 71 trillion
Emerging market debt rose by $ 1 trillion in the second quarter to $ 71 trillion, and China alone accounted for more than 80...