Exclusive investigation: legal consequences of the Ecobank Asset Management case

Côte d'Ivoire's EDC Asset Management (EAM) file has not finished revealing its secrets. Two and a half months after Financial Afrik's investigation, revealing the...

Resilience of the West African subsidiaries of BMCE Bank Of Africa

The presentation of the results of the West African subsidiaries of BMCE Bank Of Africa, which took place on April 20 by videoconference, suggests...

Africa-USA: the promises of David Marchick (DFC)

On the sidelines of the African Venture Capital Association (AVCA) conference, which opened on April 20, 2021 in virtual mode, David Marchick, chief operating...

From construction to the bank, who will stop Mahamadou Bonkoungou?

Emperor of construction in Burkina Faso, in the footsteps of his grandfather Oumarou Kanazoé, businessman Mahamadou Bonkoungou, 55, continues to gain influence beyond the...

Interview with Aurelien Mali from Moody’s the day after the presidential elections in Benin

On March 9, 2021, Moody's agency upgraded Benin's rating from B2 to B1. On April 11, this member country of the West African Economic...

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...

Senegalese Pape Sall takes charge of Citi for West and Central Africa

Until then director of Citi in Senegal, Pape Sall was promoted to head of the West and Central Africa (WCA) division, subject to regulatory...

Wall Street: Tidjane Thiam’s bluff

The former boss of Credit Suisse succeeded in his bluff by raising money through a SPAC, a kind of blank check company introduced on...

Bitcoin ATMs are on the rise everywhere except Africa

Bitcoin ATMs increased by 70%, reaching 16,500 in March 2021, according to data provided by the TradingPlatforms.com platform. Bitcoin ATMs, also known as BTM,...

In virtual bankruptcy, Sudan devalues ​​its currency by 85%

(1 Sudanese pound = 1.45 CFA Franc). Faced with record inflation of 300%, Sudan chose the horse remedy, devaluing its currency, the Sudanese pound...

African Development Bank reprimands Mitsubishi Heavy Industries Ltd. for “objectionable practice”

Abidjan, Ivory Coast, March 15, 2021 - The African Development Bank Group ("AfDB") issued a sanction decision on February 2, 2021 against Mitsubishi Heavy...

Nigerian financier Sonnie Ayere reflects on the performance and outlook of African financial markets

After years of experience in corporate and structured finance, corporate banking and asset management at prestigious institutions such as HSBC Bank, NatWest Bank, Sumitomo...

African Guarantee Fund and Afriland First Bank partner to finance SMEs/SMIs, support women entrepreneurship...

African Guarantee Fund has issued a loan portfolio guarantee amounting to USD 10 million to Afriland First Bank to support SMEs, women entrepreneurs and...

Ecobank Côte d’Ivoire in the eye of the storm

Ecobank Côte d'Ivoire is in turmoil over its Asset management subsidiary. Directed until recently by Mike Coffi, Ecobank Asset Management is said to have...
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