Browsing: Premium

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

Microsoft has announced potential funding of $500 million in partnership with venture capitalists to support African startups. The instrument should…

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

Dangote Fertilizer Limited, an entity of the Dangote Group, on Wednesday (March 2) signed a gas delivery agreement with the…

The International Finance Corporation (IFC), a member of the World Bank Group, announced on February 28, 2022, the appointment of…

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…

OPay, an Africa-focused digital payment startup, has announced the opening of its first “OPay” store in Egypt to offer services…

The African Union (AU) spoke out, on February 28, 2022, on the accusations of racist behavior which are multiplying at…

The Algerian hydrocarbon company, Sonatrach, achieved an export turnover of more than 35 billion USD in 2021, against 20 billion…

The work of the national assizes of the texts of the constitutional charter of the transition in Burkina Faso ended…

Mining company Kamoa Copper plans to produce 9.2 million tonnes of copper per annum (Mtpa), up from 7.6 Mtpa, under…

Kenyan mobile network operator Safaricom is in talks with Ethio Telecom to share towers in Ethiopia, we learned on Monday…

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

The Economic Community of West African States (ECOWAS) has spoken out on the ongoing war in Ukraine, in a press…

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

The current events in Ukraine, invaded since Thursday, February 24 by Russian troops, do not leave the United States and…

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

Uhuru Kenyatta formalized, Thursday, February 24, his support for the candidacy of Raila Odinga, his former opponent. The Kenyan president…

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

After several weeks of uncertainty and concern, Russian President Vladimir Putin announced early this Thursday, February 24, at 3 a.m.…

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…

The Togolese authorities signed, on February 22, 2022 in Lomé, a memorandum of understanding with the Saudi Fund for Development…

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…