Mali: BDM-SA announces a profit of 20 billion F CFA in 2020

The Development Bank of Mali (BDM-SA) held the 72nd session of its board of directors on April 10, 2021 in Bamako. At the end...

Guinea: Societe Generale and the startup Kunfabo to supply 40,000 phones to ANIES

This operation is part of the strengthening of financial inclusion for poor and vulnerable people, which is the leitmotif of the National Economic and...

South Africa secures second USD 1 billion loan from Brics Bank

South Africa received a $ 1 billion loan from the China-based New Development Bank (NDB), according to an announcement by the South African presidency...

Ecobank Transnational Incorporated appoints Tomisin Fashina as Group Executive, Operations & Technology

Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group, announces that Tomisin Fashina has been appointed as its new Group Executive for Operations...

Nigeria: TLG Capital and Fidelity Bank partner to support SMEs

Private equity firm TLG Capital announced on Tuesday, March 30, 2021, that it is partnering with Fidelity Bank to invest US $ 20 million...

Access Bank has a presence in South Africa

Nigerian Access Bank has acquired a majority stake in Grobank in South Africa. The transaction is valued at around $ 60 million and will...

Serge Ekue: achievements and outlook after six months at the helm of BOAD

Mr. Serge Ekue, President of the West African Development Bank held today a virtual press conference to review his achievements after the first six...

BMCE Bank Of Africa fortement impactée sur son RNPG mais résiliente

(1 dollars USD = 9,06 dirhams marocains). Sur l’exercice 2020, BMCE Bank Of Africa affiche une légère hausse de +1% du Produit Net Bancaire...

Dividends: BOA Burkina will pay CFAF 8.140 billion to its shareholders on May 3,...

The benefit of Bank Of Africa (BOA) Burkina Faso, a subsidiary of the banking group of the same name, will pay its shareholders on...

Morocco: BCP driven by the acquisition of its 3 new African subsidiaries

The Banque Centrale Populaire group (BCP) published on Thursday, March 25, 2021, a new update of the financial results for the year ended December...

New green investment bank launched for Africa

The African Leaders' Forum on Sovereign Wealth and Pension Funds announced the launch of its Pan African Green Infrastructure Investment Bank (AGIIB) initiative, during...

Old Mutual posts annual loss of $ 385 million in 2020

South African insurer Old Mutual said Tuesday, March 23, a drop in its revenues for the year 2020 linked to Covid-19. The company restored...

Equity Group benefits from a loan from the ADB for the financing of SMEs

Equity Group Holdings (EGH), a commercial bank operating in East and Central Africa, is benefiting from a USD 100 million (Kenyan Shilling 11 billion)...

South Africa: FNB acquires fintech Selpal

South African bank First National Bank (FNB) has acquired 100% of Selpal, a startup in South Africa, offering financial technology solutions to the informal...
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