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Tidjane Thiam elected banker of the year by Euromoney

General manager of Credit Suisse in his state, the French-Ivorian Tidjane Thiam was awarded the title of "banker of the year", this Wednesday, July...

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...

Wara raises the rating of Coris Bank International

WARA upgraded Coris Bank's long-term local currency rating International (CBI) from BBB to 'BBB +' in May 2018. This rating is at the same...

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...

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...

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...

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...

Samira Khamlichi promoted CEO Wafacash

Samira Khamlichi, the current CEO of Wafacash will soon be the first woman to chair a subsidiary of Attijariwafa bank. The announcement was made recently...

Cameroon: Banking sector turnover accounts for 26.8% of GDP in 2017

Banks operating in Cameroon had a turnover of 5,308 billion CFA francs in 2017 representing 26.8% of Gross Domestic Product (GDP), against 23.1% in...

CEMAC zone: strong increase in electronic money transactions

Electronic money transfers have increased significantly in Central Africa, with a cumulative amount of 8296 billion FCFA in 2018. Electronic money transactions in the countries...

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...

Foreign exchange regulations in CEMAC zone: BEAC adopts four key measures

A high-level meeting on the launch of the awareness campaign and popularization of the new exchange regulations was held on July 4 in Douala,...

Congo Brazzaville keeps its “B- / B” notes

On March 8, 2019, S & P Global Ratings confirmed the long-term foreign currency notes "B-" and short-term foreign exchange and local currency "B"...
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