Gambia a bit too vulnerable to debt, says IMF

Gambia's debt-related vulnerability remains high, said a mission of the International Monetary Fund (IMF) that has been in the country from May 3 to...

South Africa: In trouble, Christo Wiese protects his back with Shoprite

On the defensive since the debacle of the distributor Steinhoff, of which he is the main shareholder, the South African businessman Christo Wiese has...

Approximately 630 billion CFA francs mobilized by BOAD in 2017

The president of the West African Development Bank (BOAD), Christian Adovelande, announced on Thursday that the institution has mobilized 630 billion FCFA in 2017,...

France: Laurent Mignon approached at the head of BPCE

PARIS (Agefi-Dow Jones and Financial Afrik) -Laurent Mignon, Chief Executive Officer of Natixis, the merchant bank of Groupe BPCE (Banques Populaires Caisse d'Epargne), is...

AU, African Development Bank sign $4.8 million grant earmarked for continental free trade secretariat

The African Development Bank Group on Monday signed a $4.8 million institutional support grant to the African Union (AU) for implementation   of the African Continental...

EBRD gives boost to Morocco’s green economy

The European Bank for Reconstruction and Development (EBRD) will allocate € 5 million in funding to BMCE Bank of Africa. The Fund will participate...

Collapse of emerging markets

"We expect average emerging market growth in 2019 to be the lowest in the last decade since the global financial crisis." This is immediately...

BRVM: Bloomfield Investment’s analysis on a declining 2017 year

The BRVM finished a year 2017 down, in the wake of a year 2016 far from famous (-3,9% of BRVM C) after the glorious...

Sub-Saharan Africa attracts reinsurers

Reinsurers in sub-Saharan Africa continue to face challenging economic conditions, with competitive pressures on insurance activity exacerbated by economic and political concerns, according to...

Ecobank Group (ETI) continues its laborious recovery

Three and a half years after the arrival of Nigerian Ade Ayeyemi, Ecobank Transnational Incorporated (ETI) has continued to recover. Lomé-based bank completes fiscal...

IIA: « The use of the credit insurance-bond product by African SMEs / SMIs will...

Insurance companies in the Interafrican Insurance Market Area (CIMA) are more than determined to support African SMEs / SMIs in the face of insolvency...

Address Security Sector Corruption and Abuse of Power for Effective AfCFTA Implementation, Former AFRICOM...

To ensure effective implementation of the African continental Free Trade Area (AfCFTA) Agreement, African countries must address corruption and abuse of power in the security...

Gabon: BGFIBank’s assurances on the clarity of its accounting operations

The Banking Group has issued a statement in which it reassures its clients on the compliance of the accounting operations of the Gabonese subsidiary. By...

Nigeria: Ecobank signs bancassurance pact with Old Mutual

Ecobank Nigeria has signed a bancassurance agreement with Old Mutual General Insurance Company and Old Mutual Nigeria Life Assurance Company to provide insurance services...
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