The 2020 financial year was very difficult for the decentralized financial systems (DFS) of the West African Monetary Union (WAMU) falling under article 44 of the law regulating DFS (level of activity reaching a threshold of 2 billion of FCFA in outstanding deposits and loans) with profits down 38% compared to 2019. According to data…...
Trending
- Tribune – Sukuk Burkina Renaissance: the moment when Burkinabe savings become a development power
- Ivory Coast: new oil discovery on block CI-709
- Olam Palm Gabon wants to close Makouké after the destruction of 5,000 hectares of its palm groves by elephants
- Cameroon: Nearly $200 million for the revival of the Bekoko-Limbe-Idenau corridor
- Niger notifies its withdrawal from the ICC, with a legal effect deferred to 2027
- Equatorial Guinea: Vice President cancels 519 maintenance contracts of service providers to public entities
- Egypt: Housing and Development Bank distributes free shares to its shareholders
- Guinea: President Mamadi Doumbouya announces the launch of the Nimba Gold Refinery
Microfinance: 38% drop in UFOA MFI profits in 2020
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com