Centrafrique: BGFIBank brings its expertise to Commercial Bank

The participation of savings and credit institutions under the jurisdiction of the Central African Banking Commission (COBAC) will be increasingly sought for the financing...

Kenya: slight increase in half-year profit of Co-op Bank

The Co-operative Bank's net profit was 7.4 billion shillings (68 million USD) in the first half of 2021, an increase of 2.3% compared to...

Cameroun: Afriland first bank relies on leasing to finance businesses

The difficulties for companies to access bank financing, generally because they do not offer guarantees, have increased with the outbreak of the health crisis...

BTCI: a gift signed Charles Kié and Oscar Daaga for Mahamadou Bonkoungou

Negotiations have accelerated in recent weeks in Lomé, the Togolese capital, and resulted in the government announcing the sale of BTCI, the Togolese Bank...

Afrique du sud: Absa Group on a growth trajectory despite the breakthrough of Covid-19

Absa Group Limited, a financial services group, released its financial results for the first half of 2021 on Monday (August 16th). The data shows...

Kenya: Equitel deploys 4G to improve internet banking services

Equitel, a mobile network operator in Kenya, rolled out its fourth generation (4G) network on August 12, 2021. This initiative aims to provide customers...

Egypte: Bank ABC completes the acquisition of almost all of BLOM Bank’s capital

The Arab Banking Corporation (Bank ABC) announced on Thursday August 12 that it had completed the acquisition of 99.5% of the shares of BlomBank...

Sanlam and MTN join forces to develop insurance technology in Africa

Sanlam and MTN Group announced Thursday, August 12, that they have entered into a strategic partnership to develop Insurtech in Africa. With this in...

Burkinabé IB Holding offers itself BTCI, one of the last two Togolese public banks

The Togolese government announced this Wednesday, August 11, that it had adopted a draft decree setting the terms and the price for the sale...

Kenya: CIC Insurance Group Limited buoyed by a wind of recovery

CIC Insurance Group Plc, a Kenyan insurance group, recently published its financial results for the first half of 2021. After recording a net loss...

Afrique du Sud: Nedbank’s solid financial performance in the first half of 2021

South African banking group Nedbank released its financial results for the first half of 2021 on Wednesday (August 11th), reflecting a strong financial recovery....

Ouganda: despite the Covid-19, Stanbic Bank is doing well

Stanbic Bank Uganda Limited, a Ugandan commercial bank, performed well in the first half of 2021 despite the severity of the Covid-19 pandemic. According...

IFC and Commercial International Bank unite to support Egypt’s green economy

The International Finance Corporation (IFC), a member of the World Bank Group, together with Commercial International Bank - Egypt (CIB), will invest USD 100...

Afrique du sud: Investec Launches New Business Banking Offer

Investec, an Anglo-South African banking group, announced on Wednesday (August 4th) that it had launched a new banking product aimed at businesses and entrepreneurs....
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