Fitch Rating Agency Affirms Triple A (AAA) Rating of the African Development Bank, with...

Fitch Ratings, the global credit rating agency, has affirmed the African Development Bank’s (AfDB) Long-Term Issuer Default Rating (IDR) at ‘AAA’, with...

Arash Azarmi: “Iranian currency has lost more than 80% of its value

Arash Azarmi is an economics and business expert working for Volant Media UK who own London-based Persian news channel, Iran International. From his education...

AfDB: 5 former vice-presidents calling for a « consensus »

Reacting to the so-called "16 allegations of whistleblowers" crisis which has paralyzed the African Development Bank for several weeks, five former vice-presidents published on...

Prof. Benedict Oramah Re-appointed as Afreximbank President

Shareholders of African Export-Import Bank (Afreximbank) have voted and re-appointed Prof. Benedict Oramah as President of the Pan-African multilateral financial institution for a second...

Private Creditors Establish the Africa Private Creditor Working Group

The Africa Private Creditor Working Group is an initiative to represent the views of international private creditors invested in Africa and to work with...

“Nobody eats GDP” says African Development Bank President as he calls for inclusive growth

Africa’s economies are growing strongly, but growth alone cannot meet the needs of the continent’s poorest citizens, because “nobody eats GDP,” the African Development...

The sale of BNP Paribas subsidiaries in Africa takes a political turn

Dossongui Koné, boss of Atlantic Finance and Simon Tiemtoré, CEO of Vista bank in a tight duel for the takeover of the 3 BNP...

ECOWAS drama: Anglophones denounce the change from CFA Franc to Eco

English-speaking countries in West Africa denounce the "unilateral" decision to rename the CFA franc to "eco" on the sidelines of a meeting held on...

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...
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