Resumed 51.6% by Canadian Westbridge Mortgage REIT since January 2018, the Côte d’Ivoire Habitat Bank (BHCI) is running out of cash. The recapitalization of CFAF 10.7 billion of the bank was not enough to cover its commitments and follow a spectacular rise in the staff turnover curve from 170 employees to 270 in the space…...
Trending
- Exclusive: Emmanuel Macron expected in Cotonou
- Ebid secures major credit rating upgrade from Moody’s, affirming steady climb to investment grade and growing relevance in West Africa.
- Dangote: how Benedict Oramah and Simon Tiemtoré are preparing the IPO of the century in Africa
- Dangote Petroleum Refinery closes a $2.5 billion private placement and prepares for its IPO
- EBID President Calls on NiBS Graduates to Lead Beyond Borders with Integrity and Purpose
- India-Namibia: Trade exchanges reach $592.94 million
- Morocco: Budget deficit decreases by 5.5 billion dirhams at the end of July 2026
- Egypt: Sinai Manganese aims for an annual capacity of 50,000 tons by 2028
