AfDB retains its triple A at Moody’s (stakes)

The African Development Bank (AfDB) retains its triple AAA with Moody's, the agency informed in a report from November 2, 2021. Reelected last year...

United Bank for Africa Plc (UBA) Group Announces Global Management Appointments – Six New...

United Bank for Africa Plc (UBA), the leading pan-African financial services institution, announced the appointments of Rokia Hacko, Chioma Mang, Chinedu Obeta, Bode Aregbesola, Kingsley...

“Let us change the narrative on Africa in the United States”: African Development Bank...

African Development Bank President Dr Akinwumi A. Adesina has said that a concerted effort to change the narrative on Africa in the United States...

The BCP finalizes the acquisition of the bank of Mascareignes

The Moroccan group Banque Centrale Populaire (BCP) is finalizing the acquisition from Groupe BPCE of the Banque des Mascareignes in Mauritius after obtaining all...

World Bank: appointments in  the Africa division that raise flags

At the new West and Central Africa Region of the World Bank, do all the appointments really revolve around cases of alleged corruption in...

IIA: “The use of the credit insurance-bond product by African SMEs / SMIs will...

Insurance companies in the Interafrican Insurance Market Area (CIMA) are more than determined to support African SMEs / SMIs in the face of insolvency...

Nigeria: Commercial banks record higher foreign currency deposits

Foreign currency deposits in Nigerian commercial banks reached 5,542 billion naira, equivalent to 15.3 billion USD at the end of December 2018. According to the...

Insurance: Axa Maroc and Daamane Assurance Mauritanie withdraw from FANAF

If 8 companies have applied for membership of the Federation of African National Insurance Companies -FANAF (including East Africa Global Non-Life Insurance Company of...

Kenyan start-up Lami raises $ 1.8 million to boost digital insurance

Kenyan start-up Lami raises $ 1.8 million to boost digital insurance Kenyan insurtech startup Lami Technologies has successfully raised $ 1.8 million in seed funding,...

Dakar, capital of crowfunding in Africa

The Association Financement Participatif Afrique et Mediterranee (FPAM) organizes an important forum on crowdfunding and participative financing on November 15, 2018 in Dakar. This meeting...

Sanlam raises $ 490 million in new share issues

South Africa's insurer and financial services group, Sanlam, announces the completion on Wednesday (March 28th) of the company's placement of 65.5 million new common...

Moody’s applauds deal between ICBC China and Standard bank in Argentina

On August 8, the South African group Standard Bank Limited (SBG, Ba1 Stable) announced that it would exercise a put option to sell its...

Ecobank activates to boost intra-African trade

Ecobank Kenya on Wednesday (April 11th) launched the Emerald Ecobank Business Club to expand opportunities for its small and medium-sized business (SME) customers by...

US banks banned from buying Russian sovereign debt

After a series of sanctions taken by the Biden administration in connection with accusations of Russian interference in the 2020 US presidential election, espionage...
X