Nigeria: Standard Bank strengthens its base in Stanbic IBTC

The South African banking group Standard Bank has acquired new shares in Stanbic IBTC Holdings Plc worth N 61.3 billion (US $ 17.4 million),...

Stock market: is this the beginning of Ecobank fever?

The Ecobank group's ETIT share took the elevator in the three financial markets where it is listed (Abidjan, Accra and Lagos) following the publication...

Sanlam-Saham: story of a big bang

This is how the largest acquisition of all time in the African insurance industry has taken place. The takeover of Saham Finance, Saham Group's insurance...

Japan and African Development Bank announce $3.5 billion in support of Africa’s private sector...

Japan and the African Development Bank (www.AfDB.org) on Friday announced a joint target of $3.5 billion under the Enhanced Private Sector Assistance for Africa...

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...

Two African banks join hands

Coris Holding and Afriland First Group sign a framework cooperation agreement opening up new prospects in Middle Africa. The signature took place on Saturday 14 July...

Egypt: Central Bank cuts interest rates by 1%

Meeting on 14 February 2019, the Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided to reduce by 100 basis points...

Kenya: Stanbic doubles its half-yearly profit

Stanbic Bank, the Kenyan subsidiary of the South African group Standard Bank, reported Friday a half-year profit after tax more than doubled compared to...

Senegal: Askia launches Inter-company Credit Insurance

The launch of the credit insurance business in partnership with The Lebanese Credit Insurer (LCI) was held Tuesday, September 25 in Dakar by the...

Approximately 630 billion CFA francs mobilized by BOAD in 2017

The president of the West African Development Bank (BOAD), Christian Adovelande, announced on Thursday that the institution has mobilized 630 billion FCFA in 2017,...

Attijariwafa bank receives a double distinction in London

Euromoney, the world's leading magazine of the world's financial markets since 1992, has awarded the "Best Bank in Morocco" and "Best Bank of the...

Gabon: State withdraws approval from two financial institutions

The Gabonese government has just withdrawn the approval of two financial institutions namely. These institutions were closed following numerous difficulties noted by the country's...

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...

Journalist Khashkoggi’s case: Trump’s threats plunge Riyadh Stock Exchange

Saudi Arabia announced on Sunday that it would react to any "threat" against it, as its stock market collapsed following US President Donald Trump's...
X