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...

NSIA Banque Côte d’Ivoire concluded the takeover of Diamond Bank CI

NSIA Banque Côte d'Ivoire has taken over the Ivorian assets of NSIA Banque Bénin (formerly Diamond Bank SA) by increasing in its share capital....

BOAD mobilizes $ 830 million in the international financial market

The West African Development Bank (BOAD) has just completed, on October 16, 2019, its third eurobond with an amount of $ 830 million at...

Niger: the tax on banks

Banking and financial institutions in Niger are gray mines at the beginning of the last quarter of 2019. The reason, interest as sudden and...

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...

The Africa Development Club of the Attijariwafa bank group Founding Member of the Trade...

The Attijariwafa Bank Group’s Africa Development Club has joined the Trade Club Alliance, officially launched on October 1 in London by the banking group...

Morocco: BCP records first-half net profit increase

Morocco's Banque Centrale Populaire (BCP) announced on Wednesday, September 18, a net profit of 1.64 billion dirhams (170 million dollars) in the first half...

Banque Altantique expands its Atlantic Mobile digital network in the Uemoa zone

As part of its digital transformation plan, the Banque Centrale Populaire (BCP) is continuing its deployment in sub-Saharan Africa through its Atlantique Mobile network,...

Ethiopia: Central Bank announces floating exchange rate regime

The National Bank of Ethiopia (NBE), may apply a fully flexible exchange rate regime over the next three years, announced Friday, September 6, the...

Towards a capital increase of BMCE Bank

After obtaining the approval of the Moroccan Capital Market Authority (AMMC) for the increase of its capital for the first operation, the BMCE Bank...
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