Nigeria: the presidential request that shakes the director of taxes

Babatunde Fowler has just received a strange petition from the Nigerian presidency. The letter received by the complainant on August 8, questioned the decline...

Coris Bank shows good management performance

Coris Bank International posted in the first quarter of 2019 a good performance on its management and financial indicators compared to the same period...

Oragroup has raised more than 100 billion CFA francs since the beginning of the...

Oragroup announces a € 20 million loan from AFRICA AGRICULTURE AND TRADE INVESTMENT FUND (AATIF), an investment company specializing in agricultural finance in Africa,...

The governance of banks in the face of ghost companies

By Pierre DELVAL. For the past decade, banks in many countries have demonstrated a better understanding of key aspects of corporate governance: effective board oversight,...

Nigeria: Guaranty Trust Bank eyeing East Africa

The largest bank in Nigeria by assets wants to deploy in East Africa. Guaranty Trust Bank, present in 10 countries including Rwanda, Kenya, Uganda...

France-Africa: Emmanuel Macron urges Alassane Ouattara and Alpha Condé to favor alternation

By Rodrigue Fenelon Massala, Grand Reporter. African politics has been discussed these days in the provinces where French President Emmanuel Macron invited his Ivorian and...

Nigeria condemned to pay 20% of foreign exchange reserves to P & ID

The West African giant was sentenced on 16 August by the Business and Property Courts of the United Kingdom to pay 9 billion dollars...

Gabon trembles while waiting for the verdict on Webcor

The case opposes Webcor ITP Limited to the State of Gabon. This Malta-based company, which has no known activity, signed a framework contract on...

Gabon: Ali Bongo in the test of power

The Gabonese Head of State chaired the military parade on August 17 in Libreville, the capital, on the occasion of the festivities marking the...

European Union-Cameroon: account and misunderstanding of EPAs

Cameroon has recorded more than 10 billion CFA francs of losses since the entry into force of the Economic Partnership Agreements (EPAs) signed with...

BEAC wants to regulate Islamic finance in Central Africa

The monetary issuing institution in Central Africa is seeking a consultant to develop a legal and regulatory framework for the supervision of Islamic finance...

Cameroon: Maersk announces its arrival at the port of Kribi

The world leader in port logistics will serve the Port of Kribi, which foreshadows the opening of new maritime services for both export and...

Moody’s assigns a B3 to Togo and notes a « very weak » soundness of public...

The rating agency Moody's followed suit with Standard & Poor's, giving its first rating to Togo. This is a B3 with a stable outlook...

Cameroon: BDEAC and CBC finance the construction of a hotel in Douala

The Central African Development Bank (BDEAC) and Commercial Bank Cameroon (CBC) have opened a credit line of 4.5 billion FCFA for the construction of...