“Second Intra-African Trade Fair Will generate $40 million in Trade Deals, Afreximbank Chief Says...

The second Intra-African Trade Fair (IATF2020) scheduled to take place in Kigali from 1 to 7 September 2020 will target the execution of Intra-African...

Ivorian banks’ assets reach $ 21 billion in 2018

Côte d'Ivoire recorded a 15% growth in its banking assets, the total of which is estimated at CFAF 12,200 billion, or $ 21.84 billion...

Ecobank: no dividends for 2018

For the second consecutive year, Ecobank will not distribute dividends to its shareholders present in Lomé this Thursday for the 31st general meeting of...

The World Bank bets on a $ 65 barrel of oil

Weaker-than-expected global growth prospects and higher-than-expected oil production in the United States led to a downward revision to the oil price forecast for October...

BMCE Bank Of Africa opens its subsidiary in Shanghai

By proceeding this Tuesday, April 23, the opening of its branch in Shanghai, BMCE Bank Of Africa becomes the first Moroccan banking institution to...

Central Asia, China, Russia: A Threesome of Reason

Belonging to two branches of the New Belt and Road (B & R), Central Asia is both a partner and a commercial gateway for...

France: Axa holds its general assembly in serenity

Axa is doing well. Managing Director Thomas Buberl presented fiscal year 2018 as the year of action and decision. Management has worked to build a...

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...

BNP Paribas seeks buyers for its banks in Tunisia and Gabon

A man is seen in silhouette as he walks behind the logo of BNP Paribas in a building in Issy-les-Moulineaux, near Paris, France, April...

The Egyptian CIB opens a representative office in Ethiopia

The International Bank of Commerce (CIB) has just established a representative office in the Ethiopian capital, Addis Ababa. "The creation of this office is part...

Côte d’Ivoire: Government seeks Bank’s support for $5.8 bln tourism plan

The document entitled "Sublime Côte d’Ivoire", was presented to the Bank’s Vice-President responsible for Private sector, Infrastructure and Industrialization, Pierre Guislain, at the headquarters...

Donald Kaberuka and Lionel Zinsou in Abidjan for the launch of SouthBridge Group

Dr Donald Kaberuka and Lionel Zinsou, co-chairmen and co-founders of Southbridge Group, will proceed on Monday, April 8, to launch the activities of the...

Mota-Engil Secures EUR100 Million Afreximbank Facility to Support Economic Integration Projects

The African Export-Import Bank (Afreximbank) has announced the disbursement of an EUR100 million revolving global credit facility to Mota-Engil Engenharia e Construçáo África, S.A....

CEMAC: Afriland First Bank hungry for public bonds

Afriland First Bank has purchased approximately 150.9 billion CFA francs of government securities from CEMAC States between 1 January and 30 June 2018. According...