Saham Assurance: contraction of net income

The 2018 vintage will not remain exceptional in Saham Assurance's accounts. The company recorded a net profit down 8.5% to 402 million dirhams (42...

Meeting of African Private Equity Professionals in Marrakech

Marrakech is hosting the 15th annual conference of the African Capital Investment Association (AVCA) on April 23rd and 24th. The largest gathering of private equity...

Sanlam Pan Africa: Nadia Fettah under pressure

One year after  the integration of Saham Finances in the scope of Sanlam, the time is for major managerial changes. Thus, Nadia Fettah, who...

KFW grants new € 100 million loan to Tunisia

Tunisia will benefit from a budget support of 100 million euros from the German Development Bank (KFW). The financing agreement will be initialed this Wednesday,...

Tunisia: judicial sale of more than one million UADH shares

By Cédric T. The Tunisian Stock Exchange (SBT) has announced the sale on the market of 1,340,000 shares of Universal Auto Distributors Holding (UADH), during...

African Private Equity Creates Value Through Sustainable Investment – AVCA Report

After fruitful meetings in Abidjan, Accra, Addis Ababa, Cairo, Cape Town and Lagos, the African Private Equity and Venture Capital Association (AVCA) held its annual...

Senegal: Banks Provided $ 7.5 Million in Private Sector Loans in 2017

Senegalese banks have had a generous hand for the Senegalese private sector. In fact, these institutions granted the sector an amount of CFAF 4...

BRVM: the CREPMF meets the issuers

A high-level meeting between the Regional Council for Public Savings and the Financial Market (CREPMF) and the issuers of securities listed on the Regional...

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,...

Sub-Saharan Africa in EBRD expansion plans

The European Bank for Reconstruction and Development (EBRD) announces its intention to deploy in sub-Saharan Africa, according to its president Suma Chakrabarti. Also, he added,...

Ecobank shareholders’ meeting: a bank that comes from afar

Ecobank Transnational Incorporated is holding its 30th Ordinary General Meeting on April 24, 2018 in Lome in a rather optimistic context. The main indicators...

AfDB introduces UEMOA to management practices for oil exploration contracts

The African Legal Support Mechanism (ALSF) organized two workshops in Ouagadougou on best management practices for exploration and oil and mining contracts. ALSF is an...

Nigeria: Ecobank Expands Presence in Total Stations

Ecobank Nigeria has signed with Total Nigeria Limited, a strategic partnership to provide agency banking services at Total gas stations across the country. This partnership...

Nigeria: Standard Bank strengthens its base in Stanbic IBTC

The South African banking group Standard Bank has acquired new shares in Stanbic IBTC Holdings Plc worth N 61.3 billion (US $ 17.4 million),...
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