The commercial court of Dakar has condemned the Union of Mutuals for Partnership for the Mobilization of Savings and Credit in Senegal (PAMECAS) to pay over 326 million CFA to the Serigne Touba Automobile Commercial Company SUARL (CCSTA), in a dispute between the microfinance institution and the specialized automobile trading company. CCSTA had indeed taken…...
Trending
- BCP closes the Belgian case with a settlement agreement
- Breaking News | Moody’s upgrades Benin’s sovereign rating to “Ba3”, stable outlook
- EBID commits over USD 510 million to drive development across West Africa
- Moroccan banks strengthen their growth in the first half of 2026
- Senegal raises 60.5 billion CFA francs in treasury bonds on the UMOA financial market
- Ivory Coast: 66 years of developmental Keynesianism
- S&P Global Ratings confirms that ShafDB’s sustainable financing framework complies with international standards for green and social bonds
- Banks: 31% increase in BOA Burkina’s profit in the first half of 2026
Senegal: PAMECAS condemned, CCSTA recovers over 326 million CFA
By Félix NZALÉ
Félix NZALÉ
Félix Nzalé is a Senegalese journalist with a deep passion for cultural issues. He led the "CULTURE" section of SUD QUOTIDIEN (SUD Communication Group) for 10 years. Holder of dual Master’s degrees in Sociology and Philosophy, he also holds a management diploma from the Institut Supérieur de Management (ISM) in Dakar. He has contributed to the development of editorial concepts for several newspapers in Dakar.
Add A Comment
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