The African Development Bank excludes Sargittarius Nigeria Limited and its subsidiaries for 18 months...

The African Development Bank Group announced on August 17, 2021 that it had excluded, for a period of 18 months, for fraudulent practices, the...

Africa: Ryselai Participations Ltee announces the acquisition of Assurexpat LTEE

The Ryselai Participations Ltee group has today finalized the sale of 100% of the capital of the company Assuredxpat Ltee for its benefit. This sale...

Banks: BHS repays FCFA 625 million in debt

The Senegal Housing Bank (BHS) will proceed on July 10, 2021 to the payment of the half-yearly interest on its bond loan by public...

CEMAC: BVMAC relaunches the process of appointing the new Director General

A new deadline has been set by the board of directors for the appointment of a new managing director at the Central African Securities...

Afreximbank Achieves Net Profit of USD 87.3 Million in Q1 2021

The African Import-Export Bank (Afreximbank) recorded strong growth in the first quarter compared to its unaudited financial statements for the first quarter of 2021,...

Senegal: 3.8 point deterioration in the business climate in June

The business climate in Senegal deteriorated by 3.8 points, on a monthly basis, in June 2021 according to an opinion survey carried out by...

Cameroun: ASAC recommends taking out compulsory insurance

Like the Inter-African Conference on Insurance Markets (CIMA) where the insurance penetration rate remains very low, covering barely 1.1% of inhabitants, insurance is struggling...

Kenya: Kingdom Bank projects annual profit of 3 million USD

Kingdom Bank announced on Thursday (June 10th) that it expects to post a pre-tax profit of at least 300 million shilling (2.7 million USD)...

CEMAC: suspension of adjustments to the eligibility conditions of guarantees for BEAC refinancing operations

The Bank of Central African States (BEAC) announced, in a press release published on July 2, 2021, the suspension of the readjustments of the...

Cameroun: FCFA 800 billion in credit for Société Générale

Societe Generale Cameroon (SGC) is positioned among the main banks that support economic agents to grow their activities. For the year 2020, the SGC...

Tunisie: Continuation of the downward trend in tourism activity in the first quarter of...

The indicators of tourism activity in Tunisia continued their downward trend, in particular for the flow of foreign tourists which experienced a drop of...

Trading Versity, West African trading

Ainina Diallo, founder of Trading Versity, has found a niche that could be a significant growth breeding ground for West Africa. "The Pan-African Stock Market...

Burkina: The State collects FCFA 87.931 billion in stimulus bonds on the UMOA financial...

The State of Burkina Faso, through its General Directorate of the Treasury and Public Accounts, raised on May 26, 2021 on the financial market...

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...
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