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
- Senegal: 94,085 economic units registered with NINEA in 2025
- Cameroon: Pope calls on government to “break the chains of corruption”
- Equatorial Guinea: a Deloitte audit reveals over 7 billion CFA francs of mismanaged social debts
- Standard & Poor’s confirms Egypt’s rating at B with stable outlook despite persistent external risks
- Tunisian Automobile Company (STA) increases its revenue and profit, while freezing dividends
- Cameroon: How the Vice Presidency Could Boost Economic Attractiveness
- Togo: Mixx by Yas activates interoperable instant transfers within the UEMOA
- Fitch maintains Nigeria’s rating at “B”
