Kenya: insurer Britam to conquer Africa

Kenyan insurer Britam Holdings has decided to make further acquisitions in Africa as part of its growth strategy, internal sources reported on Thursday (April...

Nigeria: central bank blows up First Bank board

The sanction of the Central Bank of Nigeria (CBN) was not long in coming. The authority on Thursday (April 29) dismissed the entire board...

Oragroup: net income grew 314% in the first quarter

Following the closing of the accounts for the 2020 financial year of the pan-African banking group Oragroup during its Board of Directors, Oragroup is...

Africa’s recovery lagging world amid vaccine deficit

After the worst economic downturn on record, with an estimated 1.9% contraction in 2020, sub-Saharan Africa is set to lag in the recovery this...

Serge Ekue: achievements and outlook after six months at the helm of BOAD

Mr. Serge Ekue, President of the West African Development Bank held today a virtual press conference to review his achievements after the first six...

Equity Group benefits from a loan from the ADB for the financing of SMEs

Equity Group Holdings (EGH), a commercial bank operating in East and Central Africa, is benefiting from a USD 100 million (Kenyan Shilling 11 billion)...

South Africa: FNB acquires fintech Selpal

South African bank First National Bank (FNB) has acquired 100% of Selpal, a startup in South Africa, offering financial technology solutions to the informal...

UBA Côte d’Ivoire: net income up 32.22% in 2020

The Ivory Coast subsidiary of the Pan-African Bank UBA achieved, for the year 2020, a net profit of 12.115 billion F CFA (nearly 22...

Cameroon: IFC and Activa assurance support female entrepreneurship

Activa Assurance with the support of the International Finance Corporation (IFC), the World Bank Group (WB) entity dedicated to financing the private sector, is...

Alexandra Awadi and Abdelmoumen Najoua at the helm of Banque Atlantique Senegal

The board of directors of Banque Atlantique Senegal, which met on March 16, 2021, approved the appointment of Alexandra Awadi and Abdelmoumen Najoua to...

South Africa: David Pfaff, new boss of TymeBank

The digital bank TymeBank announced, Monday, March 15, to have appointed David Pfaff to the positions of CEO and CFO of the group. The...

Losing speed, insurer Britam cuts more than 130 jobs in Kenya

Insurance group Britam Holdings is set to lay off at least 130 employees, mainly in its operations in Kenya. This process could cost an...

Saham Assurance Maroc: the main indicators evolve in a checkered manner

The main indicators of Saham Assurance Maroc experienced an upward and downward trend in the 4th quarter of 2020, according to data communicated by...

Morocco: Societe Generale expands its network

After opening agencies dedicated to young people and professionals, Societe Generale Maroc is at the bedside of companies. The bank recently inaugurated 3 "business...
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