Browsing: Bank

Lomé, 19 June 2026 – The ECOWAS Bank for Investment and Development (EBID) is pleased to announce the entry of…

The Kenyan subsidiary of the Commercial International Bank (CIB Kenya) aims to triple its market share in two years to…...

The National Insurance Commission of Nigeria (NAICOM) has officially returned operational control of African Alliance Insurance Plc to a new…...

The Central Bank of Nigeria (CBN) has ordered banks, fintechs, and other payment service providers to locally store transaction data…...

The Central Bank of Sierra Leone closed Union Trust Bank (UTB), the country’s only indigenous private bank, on Wednesday, June…...

According to the report on the evolution of lending rates of credit institutions in the Economic and Monetary Community of…...

In Dakar, the competent commercial court ruled in favor of BSIC Senegal SA in the dispute with MACH INTER SARL…...

The ECOWAS Bank for Investment and Development (EBID) has approved a series of strategic financing operations to support private sector…

The South African banking giant Standard Bank no longer wants to play second fiddle in Kenya. The group, present in…...

AXIAN Energy, the energy branch of the AXIAN Group, is reaching a new milestone in its African development. The company…...

On June 11, 2026, the Cameroonian Minister of Finance, Louis Paul Motaze, signed performance contracts between the State of Cameroon,…...

The National Investment Bank (BNI) closed the 2025 fiscal year with a net profit of 47.97 billion CFA francs (around…...

The Moroccan Capital Market Authority (AMMC) approved, on June 9, 2026, the information memorandum related to the share buyback program…...

Sanlam Emerging Markets (SEMM), a Mauritian subsidiary of the South African group Sanlam, has obtained approval from the Competition Commission…...

d of the 2025 financial year, the net profit of the ECOWAS Investment and Development Bank (BIDC) increased by 13.28%…...

At its ordinary session, the Monetary Policy Committee of the BCEAO decided to maintain its key interest rate at 3%,…

In a West African Economic and Monetary Union (UEMOA) facing a deficit of an estimated 3.5 million housing units and…

The Central Bank of Egypt withdrew 13.5 billion Egyptian pounds, approximately $270 million, from the banking system through an open…

Egypt has assumed the presidency of the African Insurance Organization (AIO) for the 2026-2027 term. Its representative, Alaa El-Zoheiry, President…...

Bank Al-Maghrib’s business survey for April 2026 revealed an overall stagnation of industrial activity in Morocco, announced the central bank…

For the fiscal year 2025, shareholders of Coris Bank International (CBI) will receive a net total dividend of 28.8 billion…...

Orabank Ivory Coast SA has forced the company Les Experts du Bâtiment (EXBAT SUARL) and its director, Ngagne Mbaye, to…...

For a long time a spectator of the revolution of 100% mobile banks, Attijariwafa Bank is trying to take the…...

What if one of the most underestimated barriers to the continent’s growth was not the lack of projects, ambition, or…

Abbey Mortgage Bank Plc has obtained approval from the Central Bank of Nigeria (CBN) for its conversion into a regional…...

According to information gathered by Financial Afrik from several reliable sources close to the Senegalese banking market, Société Générale Senegal…...

At the end of their Ordinary General Assembly (OGA) on April 30, 2026, the shareholders of the National Agricultural Bank…...

Gathered on June 3, 2026 in Lomé, the shareholders of Ecobank Transnational Incorporated (ETI) approved the return of dividends after…...

The Central Bank of West African States (BCEAO) generated a profit of 588 billion CFA francs in 2025, down 14%…...

Bank credit to the non-financial sector grew by 8.1% in April 2026, up from 6.3% the previous month, according to…...