Atiq Rehman, CEO for Citi Middle East & Afric: “Citi remains deeply committed to...

Financial Afrik met with Citi’s CEO for the Middle East and Africa. In this role since 2015, Atiq Rehman outlines his vision for Citi...

Coris Bank International launches « Coris Money »

Coris Bank International launched "CORIS MONEY" on Friday, November 30, 2018 in Ouagadougou. It is an electronic purse that allows Burkinabe to send and...

UIB, the best International Trade Finance Bank in Tunisia

The International Union of Banks (UIB) has just been awarded as "Best International Trade Finance Bank" in Tunisia in 2018 by the world-renowned "Global...

JP Morgan Chase & Co launches in Kenya

JP Morgan Chase & Co, the largest US bank plans to start operations soon in Kenya. In fact, Jamie Dimon, the bank's Chief Executive Officer,...

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...

Algeria: the National Insurance Company on an uphill slope

In a press conference in Algiers, the chief executive officer of the National Insurance Company (SAA), Nacer Sais, said on May 19, 2019 that...

Burkina Faso: alliance between Maroc Telecom and Uba bank

The National Telecommunications Office (ONATEL-SA), a subsidiary of the Maroc Telecom group, and United Bank for Africa (UBA) have just signed an agreement to...

On the departure, Tidiane Thiam approached at the IMF

After almost ten years in the top management of the world's largest financial companies, the Franco-Ivorian banker is expected to succeed Christine Lagarde at...

Côte d’Ivoire: BICICI net income down 23% to 9.3 billion FCFA

BICICI (International Bank for Commerce and Industry of Côte d'Ivoire), a subsidiary of BNP Paribas, recorded a decline in its net profit of 2.76...

Tunisia: suspension … then resumption of listing of Attijari Bank

The Financial Market Council (CMF) on Thursday (March 14th) ordered the suspension of the listing of the shares of Attijari Bank, a local subsidiary...

Ecobank loses bank authorization in Angola

The Angolan central bank canceled last week the authorization granted to the pan-African financial group Ecobank Transnational Inc. to create Ecobank Angola after its...

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....

BEAC announces new rate hike

The Bank of Central African States (Beac) announced, at the end of the third monetary policy committee on 31 October, that the interest rate...

Congo: Sino-Congolese Bank offers 35 billion FCFA

Launched in 2016, the headquarters of the Sino-Congolese Bank for Africa (BSCA) was inaugurated with great fanfare on April 10 in Brazzaville in the...
X