Egypt:  African Development Bank board approves €109 million to transform sewage coverage in Upper Egypt rural...

The Board of Directors of the African Development Bank has approved a €109 million facility for the development of sewage disposal and wastewater treatment plants...

Prime Minister Foresees Regional Takeoff as Cameroon Signs Agreements to Host Afreximbank Branch Office

The African Export-Import Bank (Afreximbank) and the Government of Cameroon have signed the two principal documents finalising the protocol toward the take-off of Afreximbank’s...

Afreximbank Branch Office to Serve as Gateway into Central Africa

The new branch office being opened by the African Export-Import Bank (Afreximbank) in Yaounde will serve as the Bank’s gateway to the Central African region, Amr...

Afreximbank Identifying Projects to Support Transformation of Cameroon’s Economy

The African Export-Import Bank (Afreximbank) is in the process of identifying projects in the key sectors of Cameroon to assist the country to achieve a...

Coris Bank International officially opens in Niger

After Senegal and Benin, the Burkinabé financial group, Coris Bank International (CBI), on Monday, December 2, officially launched the activities of its Nigerian subsidiary....

Morocco: the EBRD expands its network

After opening its first office in Casablanca (2012) and Tangier (2018), the Bank for Reconstruction and Development (Berd) announced Monday, December 2, the opening...

President says Afreximbank has Disbursed $15 billion in Support of Intra-African Trade

The African Export-Import Bank (Afreximbank) has already disbursed $15 billion of the $25 billion it committed in support of intra-African trade under its current...

Namibia: Standard Bank Namibia Introduces to Local Stock Exchange

Standard Bank, introduced its Namibian subsidiary, Stanfin Namibia Pty Ltd, on Friday, Nov. 15, to the local stock market following an initial public offering...

Egypt launches guarantee company for exports to Africa

The Egyptian Central Bank on Thursday (November 14th) announced the upcoming creation of a $ 600 million company to guarantee export credits to Africa. The...

WAMU: Banks achieve an overall profit of 456.9 billion FCFA in 2018

The banking system of the West African Monetary Union (WAMU) achieved an overall profit of 456.9 billion CFA francs (685,350 million euros) as of...

Versus Bank Ivory Coast: when the state wants to smother a founding shareholder

Always in the process of privatization, never ceded, the Versus Bank becomes a chestnut of the financial press. Behind this strategic operation announced regularly,...

Banks: 7.31% increase in Coris Bank International’s net income in the third quarter

The net result of Coris Bank International increased by 7.31% at the end of the third quarter of 2019 compared to the same period...

Ivory Coast: The Ivorian Bank Corporation (SIB) opens its first Business Center in Abidjan

The first Business Center of the Ivorian Bank Corporation (SIB) opened its doors at the Industrial Zone of Yopougon, the largest municipality in Abidjan. An...

African Development Bank Shareholders approve landmark $115 billion capital increase, signalling strong support

-          Bank's capital base more than doubles. Jumps from $93 billion to $208 billion -          Largest capital increase in the Bank's history signals a united front by...
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