Browsing: Finance

In the Democratic Republic of Congo, the treasury bonds launched on March 1, 2022 by the government on the local…

The Islamic Development Bank (IDB) Group, through the Islamic Corporation for Private Sector Development (IDC), has signed a USD 10…

Inflation continues to panic the counters in the Uemoa zone. Its rate fell from 6% in December 2021 to 6.5%…

On the eve of the meeting of African insurers, the Secretary General of CIMA, Blaise Abel EZO’O ENGOLO talks about…

Zenith Bank plc posted double-digit growth of 10% in gross profit for the year ended December 31, 2021 to N765.6…

Meeting on Monday, February 28, the board of directors of the National Institute of Social Welfare (INPS) adopted a 2022…

The war in Ukraine weighs on African currencies. Naira jostled by port chaos. The CEDI is losing ground against the…

The Regional Stock Exchange (BRVM) hosted on February 28, 2022, the listing ceremony of the bond loan “FTC Teyliom Immo…

The Russian-Ukrainian war, which began on February 24, 2022 with the Russian invasion of Ukraine, does not only have an…

The actors of the regional financial market were in Lomé, Thursday, February 24, for a workshop organized by the Regional…

AgDevCo has raised USD 90 million from the UK Development Finance Institution (CDC), Norwegian fund Nordfund and the International Development…

The Central Bank of Kenya (CBK) launched this Wednesday, February 23, the National Payments Strategy at an event that brought…

Canza Finance, an emerging markets neobank, successfully raised $3.27 million in seed funding. The fundraising was led by Fenbushi Capital,…

Senegal’s trade balance deficit narrowed by 35 billion FCFA (52.5 million euros), on a monthly basis during the month of…

Cameroonian journalist Michel Lobé Ewané has been appointed to the board of directors of Joseph Sassoon Group, an international financial…

Bank of Uganda (BoU), Uganda’s central bank, kept its key rate at 6.5% this month, with the aim of containing…

Commercial International Bank’s consolidated net profit for the full year 2021 was approximately EGP 13.3 billion (approximately USD 845 million),…

Kenyan startup MarketForce, a B2B platform for the retail distribution of consumer goods and digital financial services, announced Tuesday (February…

The American bank Citigroup will launch its commercial banking services in South Africa, Nigeria, Kenya and Egypt due to the…

The updated data confirms that the Rwandan economy has maintained a recovery trajectory towards achieving the projected annual growth of…

EFG Hermes, the largest investment bank in Egypt, announced on Monday February 21 that it had received the approval of…

The gross domestic product (GDP) of Nigeria, the largest economy on the African continent, grew by 3.98% year-on-year in real…

The turnover of the Société Générale Industrielle de Filtration (GIF FILTER) SA, specializing in the manufacture and marketing of fuel…

The central bank of Rwanda announced on February 17, 2022 that it had raised its key rate by 50 basis…

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…