Browsing: Finance

The Naira plays mountaineering, the Cedi in the trough of the tourist wave, the Rand continues to fall, the Egyptian…

Kenyan banking group KCB has announced its intention to acquire, next year, a 24% stake held by minority investors in…

The AXIAN Group announces its subscription to Actis Energy 5, a new energy fund being managed by Actis, an investment…

The African Import-Export Bank (Afreximbank) and the National Bank for Economic Development (BNDE) -Senegal signed this Thursday, November 18, 2021…

Co-operative Bank of Kenya posted net profit up 18.9 percent to 12 billion shillings (107 million USD) in the first…

The International Monetary Fund (IMF) has said that by allowing unbanked people with cell phones to access e-naira in Nigeria,…

The International Finance Corporation (IFC) has provided a $ 250 million credit facility to Absa Bank, a subsidiary of Absa…

Airtel Africa Plc announced on November 16, 2021 that it reached $ 125 million at the second close of Airtel…

By Rodrigue Fenelon Massala, senior reporter. Congolese-Malian businessman Oumar Diawara won an unprecedented legal battle against the State of Côte…

Cameroon, whose objective is to become an emerging economy by 2035, launched a few months ago, the National Development Strategy…

Verdant Capital announced, in a press release on November 15, that it has closed 4 private equity transactions in South…

A masterstroke for the CEO of Fidelity Bank PLC, Ms. Nneka Onyeali-Ikpe, one of the few African women to run…

Backed by the CFA Franc, Bamako resists ECOWAS sanctions. The Naira dances the Tango on an oil barrel, the Cedi…

The State of Niger, through its General Directorate of Treasury and Public Accounts, raised on November 11, 2021 on the…

The West African Center for Banking Training and Studies (COFEB), a training and research center of the BCEAO, and HEC…

Mathieu Mandeng is the new Chairman of the Board of Directors of Standard Chartered Bank Côte d’Ivoire. An appointment that…

Oragroup is preparing an issue of new bonds for a maximum amount of CFAF 20 billion by private placement with…

Canada announced Monday in Glasgow, where the 26th United Nations Conference on Climate Change (COP26) has been taking place since…

Wicrypt, a Nigerian blockchain-based Wi-Fi sharing startup, announced it raised $ 1.5 million in a fundraising round. Funding was led…

SouthBridge investment bank announces the appointment of Jean-Christ Ametep as director of its office in Abidjan (Ivory Coast). The promoted…

Coris Bank International opened its first branch in Conakry, capital of Guinea, on the Angle Boulevard Diallo Telly on November…

Equity Bank Kenya Limited announced on Monday (November 8th) its intention to buy Britam’s stake in HF Group, a mortgage…

The net income of NSIA Banque Côte d’Ivoire, a member of the financial group of the same name, increased by…

The European Investment Bank (EIB) and Allianz Global Investors will launch a EUR 500 million fundraising operation to strengthen climate…

TymeBank, a South African-based exclusively digital retail bank, announced on Thursday (November 4th) that it had reached the 4 million…

The State of Burkina Faso, through its General Directorate of the Treasury and Public Accounts, raised on November 3, 2021…

Opportunity International and Oikocredit announced on November 2, 2021, a $ 100 million impact investment agreement to advance education in…

Approved on December 16, 2019 by the Central Bank of West African States (BCEAO), the Togolese branch of the Development…

The Central African Financial Market Surveillance Commission (Cosumaf) is stepping up initiatives aimed at strengthening the regulatory framework and cleaning…

The African Development Bank (AfDB) retains its triple AAA with Moody’s, the agency informed in a report from November 2,…