Browsing: Finance

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…

Egypt is expected to achieve economic growth of 5.7% for the financial year 2022-2023, as well as a primary surplus…

The fourth edition of the UEMOA Public Securities Market Meetings begins today in hybrid mode under the theme of “portfolio…

The International Finance Corporation (IFC) has granted a USD 15 million loan to GTBank Kenya, a subsidiary of the Nigerian…

Enko Capital Managers (“ECM”), management fund of Enko Africa Private Equity Fund (“EAPEF”), announces on January 22, 2022 its exit…

Enko Capital Managers (“ECM”), managers of the Enko Africa Private Equity Fund (“EAPEF”), a private equity investor targeting mid-cap growth…

Abdelwahab Nougaoui joins the Wafa Assurance group as advisor to the CEO, according to an announcement made on Monday, January…