ECOWAS: from CFA Franc to Eco, from economic to politic

The news went around social networks.  Guinea Conakry and the 5 English-speaking countries of West Africa denounce the “unilateral” decision to rename the CFA...

Oil and Gas Insurance: great victory for the local content strategy in Senegal in...

According to our sources, the president of the Senegal Oil and Gas Risks Insurance Pool, Majdi Yassine, informed the Senegalese insurance and reinsurance market...

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....

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,...

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...

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...

Ghana’s GCB Recognized Best Bank in Africa for Compliance

Ghana's GCB Bank Limited has been recognized as the Best African Bank for Compliance by the Association of Certified Professionals in Compliance in Africa...

Ivory Coast: the BHCI in the eye of the cyclone

Resumed 51.6% by Canadian Westbridge Mortgage REIT since January 2018, the Côte d'Ivoire Habitat Bank (BHCI) is running out of cash. The recapitalization of CFAF...

Mauritania: open market yes, over-indebtedness no (BCM)

  Faced with information on a supposed record high debt ratio, the financial authorities of Mauritania have stepped up to the plate. On the sidelines...

Mauritius Commercial Bank announces a subsidiary in Dubai

MCB Group Ltd, owner of the second largest bank in Mauritius, now has a representative office of its wholly-owned Mauritius Commercial Bank Ltd (MCB)...

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,...

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...

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,...
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