Oragroup has raised more than 100 billion CFA francs since the beginning of the...

Oragroup announces a € 20 million loan from AFRICA AGRICULTURE AND TRADE INVESTMENT FUND (AATIF), an investment company specializing in agricultural finance in Africa,...

Kenya: Exempt Share Tax on NIC / CBA Merger

Kenya's Ministry of Finance has cleared the National Industrial Credit Bank (NIC) and the Commercial Bank of Africa Limited (CBA) for the transfer of...

Tunisia: Assurances Salim shareholders approve change of identity

The shareholders of Assurances Salim approved, at an extraordinary general meeting held on August 8, 2019, the proposed change of name proposed by the...

Tunisian-Kuwaiti Bank raises nearly $ 2.5 million in bond market

The Tunisian-Kuwaiti Bank (BTK) raised 7 million dinars (about 2.45 million USD) in the market via a non-public bond bond issued between 11 April...

Moody’s applauds deal between ICBC China and Standard bank in Argentina

On August 8, the South African group Standard Bank Limited (SBG, Ba1 Stable) announced that it would exercise a put option to sell its...

The governance of banks in the face of ghost companies

By Pierre DELVAL. For the past decade, banks in many countries have demonstrated a better understanding of key aspects of corporate governance: effective board oversight,...

Nigeria: Guaranty Trust Bank eyeing East Africa

The largest bank in Nigeria by assets wants to deploy in East Africa. Guaranty Trust Bank, present in 10 countries including Rwanda, Kenya, Uganda...

BEAC wants to regulate Islamic finance in Central Africa

The monetary issuing institution in Central Africa is seeking a consultant to develop a legal and regulatory framework for the supervision of Islamic finance...

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...

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...

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...

Foreign exchange regulations in CEMAC zone: BEAC adopts four key measures

A high-level meeting on the launch of the awareness campaign and popularization of the new exchange regulations was held on July 4 in Douala,...

Ivory Coast: Atlantic life insurance « offer » « Retirement Health Savings » for people of the third...

Atlantic Life Insurance, a subsidiary of the Banque Centrale Populaire Group (BCP), conducted on Thursday, July 4th in Abidjan, the launch of a new...

Attijariwafa Bank opens a premium agency in Cameroon

The Attijariwafa Bank Group has opted for innovation through the opening of the first premium agency by Société Commerciale de Banque (SCB). The inauguration...