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Browsing: Finance
avigate the dynamic African finance landscape with Financial Afrik’s Finance section. Stay updated on market trends and economic analyses
The South African bank Standard Bank Group Limited plans to buy additional shares in its Kenyan subsidiary Stanbic Holdings, through…
The Egyptian economy recorded a growth of 9% in the first half of the financial year 2021/22, after achievements of…
Nigeria’s Bank of Industry (BOI) has issued a €700 million Eurobond to fund business growth in Nigeria. The five-year euro-denominated…
Nigeria’s inflation rate declined to 15.60% in January 2022, from a peak of 15.63% in December 2021, according to the…
After modest GDP growth of 1.5% in 2020, growth is expected to accelerate to 3.8% in 2021 thanks to increased…
Suspicious death, on the run and in custody. Here is the big Guinean thriller that keeps the Pandoras of Scotland…
CDC Group, the UK’s development finance institution, announced on February 14, 2022 its base commitment of USD 30 million as…
Bank Al-Maghrib, the Moroccan central bank, announced on February 10, 2022 in Rabat, a partnership agreement withCDG Invest, Investment Branch…
The Directorate General of Taxes (DGI) of the Democratic Republic of Congo (DRC) achieved approximately 2.4 billion dollars in revenue…
Veritas Kapital Assurance Plc, one of Nigeria’s leading insurance companies, has announced the appointment of Paul Oki as an independent…
The lending interest rates applied by the banks of the West African Economic and Monetary Union (UEMOA) to their customers…
The company SAAR Assurances Senegal, a subsidiary of the eponymous pan-African group, has a new general manager in the person…
LOLC Holdings Plc, a Sri Lankan holding company, will acquire nearly 73.2% of the shares of Key Microfinance Bank Plc,…
Benin’s Council of Ministers approved, on February 2, 2022, new so-called short-term measures intended to combat inflation in the country.…
The European Bank for Reconstruction and Development (EBRD) granted a loan of 20 million euros to Societe Generale Morocco through…
The Bank of Algeria announced, through a note published on February 3, 2022 on its website, that commercial banks can…
The Fund for the Development of Exports in Africa (Feda), a subsidiary of Afreximbank, wants to encourage industries to reduce…
The Casablanca Stock Exchange closed in the green on Thursday, the MASI having slightly increased by 0.06% to 13,913.39 points…
The CEO of the largest pan-African banking group, Ade Ayeyemi, can show a smile. [1 dollar USD = 580.5 CFA…
The Ivorian Banking Company (SIB) opened its third “Business Center”, a self-service space dedicated to businesses on February 1, 2022…
The inflation rate fell from 4.9% in November to 6% in December 2021 in the countries of the West African…
The Bank of Central African States (BEAC) with the assistance of the World Bank (WB) is looking for consultants for…
Veolia Environment’s takeover of Suez.SA in France closely concerns the subsidiaries of these two groups in Africa. Thus Lyonnaise des…
The State of Niger, through its General Directorate of Treasury and Public Accounts, raised on January 27, 2022 an amount…
African venture capital firm TLcom Capital has raised $70 million for the first closing of its $150 million Africa-focused technology…
GuarantCo, a member of the Private Infrastructure Development Group (PIDG), granted a portfolio guarantee of approximately 14.55 billion FCFA, or…
For the second consecutive week, the needs of commercial banks in Mali will not be fully covered by the Central…
Ugandan commercial banks earned 12 billion shillings (3 million USD) in commission as insurers during the 3rd quarter of 2021,…
Inflation, in annual comparison, accelerated to 3.2% in December 2021 in Morocco after 2.6% in November, according to data updated…
African insurers who are members of the Federation of African National Insurance Companies (FANAF) will hold their ordinary general meeting…
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com
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