CEMAC: microfinance institutions receive 2 times more deposits than they issue credits

The 840 Microfinance Institutions (MFIs) listed in the Economic and Monetary Community of Central Africa (CEMAC) had a total balance sheet of 854 billion...

Ivory Coast: SIB celebrates Christmas with sick children

The SIB, an Ivorian banking company, celebrated the Christmas party with sick children from the heart of the Abidjan Heart Institute (ICA) on December...

“Nobody eats GDP” says African Development Bank President as he calls for inclusive growth

Africa’s economies are growing strongly, but growth alone cannot meet the needs of the continent’s poorest citizens, because “nobody eats GDP,” the African Development...

Tunisia: agreement between GAT Assurances and Vneuron

The insurance sector is currently living in a climate of uncertainty regarding the measures to be taken to equip itself with the necessary tools...

Bank and partners prioritise the African Education Fund

The African Development Bank, the Association for the Development of Education in Africa and the African Union are recommending the establishment of the African...

Orabank Togo launches KEAZ, its multiservice digital banking platform

Orabank Togo, a subsidiary of the Oragroup banking group, announces the launch of KEAZ, its new digital services offering for private, corporate and institutional...

Zenith Bank to repay $ 500 million euro bond before maturity

In a note to its investors, Zenith Bank has indicated that it will repay its $ 500 million Eurobond before maturity scheduled for April...

Sanlam Pan Africa: Nadia Fettah under pressure

One year after  the integration of Saham Finances in the scope of Sanlam, the time is for major managerial changes. Thus, Nadia Fettah, who...

Afreximbank launches African Customer Data Platform

The African Export-Import Bank (Afreximbank) yesterday launched Mansa - a pan-African customer information platform that will provide a single reliable source of data needed...

Tunisia: Housing Bank profits up 18% in 2018

The shareholders of Banque de l'Habitat (BH) are called to a Shareholders' Meeting on April 30, 2019. They will have to approve the consolidated...

Crystal Telecom (Rwanda): the blues of small carriers

By Jacques Leroueil, Kigali THE STOCK ADVENTURE OF CRYSTAL TELECOM HAD BEGAN BEAUTIFULLY BEGIN. WHEN CRYSTAL VENTURES, THE FINANCIAL ARM OF THE RWANDAN PATRIOTIC FRONT,...

Morocco: Immorente Invest announces new acquisitions in 2019

Immorente Invest, a Moroccan firm specializing in the management of real estate assets for rental, plans acquisitions ranging from 150 to 200 million dirhams...

Orange obtains new loan agreement from 8 Egyptian banks

Orange Egypt, a subsidiary of the French telecom giant eponymous, has reached an agreement with a consortium of eight major Egyptian banks. An agreement...

Guinea: UBA launches « LEO », its digital platform

UBA-Guinea proceeded, Wednesday, June 20, the launch of its digital platform called "Leo". This new product aims to digitize banking services through social networks...
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