Verod Capital announces the acquisition of Metropolitan Life Nigeria

Private equity investor Verod Capital Management announced Wednesday (September 17th) that it has received the necessary regulatory approvals for the acquisition of the entire...

The Agency for Insurance Trade in Africa holds its meetings in Abidjan

The 18th General Assembly of the Agency for Insurance of Trade in Africa (ACA) is being held on June 27 and 28, 2018 in...

Access Bank Secures $ 162.5 Million Syndicated Loan

The Nigerian bank, Access Bank, signed a subordinated syndicated loan agreement worth 58.18 billion naira ($ 162.5 million) on Monday (March 11th) with a...

Total Gabon sells to Assala Upstream Gabon SA its stake in the Rabi Kounga...

Sources reported in Libreville on Tuesday, Total Gabon signed an agreement with Assala Upstream Gabon SA for the sale of its entire 32.9% stake...

Morocco: Attijariwafa bank wins new certification

The Moroccan group Attijariwafa bank has obtained Cerway's "Excellent Quality Environmental" (HQE) certification, for the construction of its regional headquarters in Rabat. According to a...

South Africa: Standard Bank Acquires Liberty Holdings Insurance Platform

The South African Standard Bank Group Ltd bought the technology platform of the short-term insurance business of South African insurer Liberty Holdings for 145...

AfDB Boosts African Guarantee Fund (AGF)

It is an additional $ 10 million that the African Development Bank (AfDB) intends to release to boost AGF, the African Guarantee Fund for...

Kenya: Central Bank injects dollars to support Shilling

The Central Bank of Kenya has offered dollars directly to banks on the foreign exchange market to support the weakened shilling against the dollar. The...

The challenges of Guy Martial Awona at the head of Orabank Togo

At the head of Orabank Togo since late April 2018, the Cameroonian Guy Martial Awona was officially presented Thursday, September 20 in Lomé, during...

Mixed results at BMCE Bank Of Africa

The BMCE Bank Of Africa Group posted a Net Profit for the year (2018), down 10% to MAD 1.8 billion (166 million euros) compared...

Continental Re gives pride of place to its shareholders

"Consistent with Continental Reinsurance's dividend policy and commitment to shareholder returns, the board has decided to maintain the same level of dividends as the...

At Afreximbank AG, Cyril Ramaphosa calls for African integration

This is the highlight of the opening on July 11, 2018 in Abuja, general meetings of Afreximbank. The intervention of President Cyril Ramaphosa set the...

Moroccan banks hit by US sanctions against Iran

Like many countries, Morocco is concerned by US sanctions against Iran. In particular, banks are among the most important institutions involved in the process...

The I & P Afrique Entrepreneurs 1 Fund makes two outings

The I & P Afrique Entrepreneurs 1 (IPAE 1) fund, launched by Investisseurs & Partenaires in 2012, is now completing two new outings: the...
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