Nigeria: Olam launches takeover bid for Dangote Flour Mills

Singapore's agribusiness group, Olam International, on Tuesday (April 23rd) announced plans to acquire Nigerian businessman Aliko Dangote's Nigerian businessman Dangote Flour Mills (DFM) for...

COSUMAF, the new single regulator of the CEMAC financial market

On Sunday, March 31, 2019, at the Bank of Central African States, Cameroon National Directorate in Douala, the unification convention of the Financial Market...

Would the UMOA-Titres agency overshadow the bond compartment of the BRVM?

Observers note a rise in strength of the agency UMOA-Securities at the expense of the bond compartment of the Regional Stock Exchange (BRVM) that...

Attijari Global Research launches sovereign debt index

Attijari Global Research, a subsidiary of the Attijariwafa bank group, has launched a new index called AGR Africa Bond Index "Code Bloomberg AGRAFBDT". AGR has...

Tunisia: suspension … then resumption of listing of Attijari Bank

The Financial Market Council (CMF) on Thursday (March 14th) ordered the suspension of the listing of the shares of Attijari Bank, a local subsidiary...

Cotonou prepares its first bond issue on the international market

Benin is preparing for the launch of a bond issue on the international debt market. The operation will be, for the country, the first...

Morocco: the central bank continues its series of international agreements

Morocco's Central Bank signed a Memorandum of Understanding with the Financial Services Authority of Dubai on Wednesday (March 13th) for cooperation in the licensing...

Jumia announces itself on Wall Street

The Nigerian start-up company Jumia, which specializes in e-commerce, will soon become the first African start-up to be listed on the New York Stock...

Wifak Bank prepares the first Islamic bond loan in Tunisia

On 7 March 2019, Wifak Bank General Manager Mohamed Mellousse announced that he had obtained authorization from the bank's board of directors to launch...

Morocco: Immorente Invest announces new acquisitions in 2019

Immorente Invest, a Moroccan firm specializing in the management of real estate assets for rental, plans acquisitions ranging from 150 to 200 million dirhams...

Cryptocurrency: The great illusion

By Pierre Delval, chronicler.   On April 15, 2018, in issue 49 of Financial Afrik, I devoted a full column on the criminological deciphering of cryptocurrency. I...

The BRVM in real time on the Thomson Reuters platform

The Regional Stock Exchange (BRVM) announces the release (Go Live), in real time, on the Refinitiv platform of Thomson Reuters, Monday, March 4, 2019,...

Cameroon: Serge Yanic Nana takes the lead

A new office was elected at the General Meeting of Investment Service Providers (PSI) whose main mission is to represent them in financial market...

The Casablanca Stock Exchange struggles to attract SMEs

The Managing Director of the Casablanca Stock Exchange set the bar high in 2016 when he planned to attract 70 SMEs to the stock...