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,...

Nigeria: Guaranty Trust Bank eyeing East Africa

The largest bank in Nigeria by assets wants to deploy in East Africa. Guaranty Trust Bank, present in 10 countries including Rwanda, Kenya, Uganda...

Cameroon: the cabinet for the liquidation of five banks still expected

Four months after the call for tender launched by the Cameroon Debt Collection Company (CBC), it is still awaiting the designation of a "qualified"...

Senegal: Tamweel Africa Holding Group and BIS subsidiary launch Tamweel Touch mobile app

The Islamic Bank of Senegal (BIS) has pledged full entry into the digital world and is in tune with the demands of the market....

Cameroon: ASAC calls for the removal of VAT on life and health insurance

The Association of Insurance Companies of Cameroon (ASAC) has appealed to the government on the need to remove the Value Added Tax (VAT) applied...

Kenya Commercial Bank to acquire banks in Rwanda and DRC

The KCB Group, a banking leader in Kenya, plans to acquire a bank in Rwanda and another in the Democratic Republic of Congo (DRC),...

Ivorian banks’ assets reach $ 21 billion in 2018

Côte d'Ivoire recorded a 15% growth in its banking assets, the total of which is estimated at CFAF 12,200 billion, or $ 21.84 billion...

France: Axa holds its general assembly in serenity

Axa is doing well. Managing Director Thomas Buberl presented fiscal year 2018 as the year of action and decision. Management has worked to build a...

BNP Paribas seeks buyers for its banks in Tunisia and Gabon

A man is seen in silhouette as he walks behind the logo of BNP Paribas in a building in Issy-les-Moulineaux, near Paris, France, April...

Convention between BNDE-Senegal and SID

The National Bank for Economic Development (BNDE) and the Islamic Society for Private Sector Development (SID), a subsidiary of the Islamic Development Bank Group...

In difficulty, BMCE Bank Of Africa under British umbrella

The capital increase announced by BMCE Bank was the main highlight of a results presentation conference held on April 2, 2019. The operation will see...