Browsing: Banks & Insurance

The Jordanian banking and financial group, Arab Bank Plc, will soon acquire 50.08% stake in the capital of UBCI (Banking…...

Saham Assurances acquired 24% of the capital of Khalladi Wind Farm. The announcement was made Monday, March 11 via a…

BMCE Capital, the Investment Banking division of the BMCE Bank Group, and the investment bank of the ARM Group (Asset…

The Tunisian Bank Corporation has been awarded Best Digital Bank in North Africa and the most responsive bank in this…...

Meeting last week in Bangui (Central African Republic), the Franc Zone Convergence Committee (COCOZOF) carefully avoided the annoying subject, namely…...

African stock markets plummet at the end of the first quarter of 2019. All studies show, the rise in interest…...

The Nigerian bank, Access Bank, signed a subordinated syndicated loan agreement worth 58.18 billion naira ($ 162.5 million) on Monday…...

French bank Société Générale (SG) announces the disbursement of $ 126 million to support Ghana’s small and medium-sized enterprises (SMEs)…

The African bank challenger, Vista Bank, has partnered with the banking software specialist Temenos to drive its digital overhaul in…

On 7 March 2019, Wifak Bank General Manager Mohamed Mellousse announced that he had obtained authorization from the bank’s board…

Faced with the press on March 6, 2019 in Nairobi, Joshua Oigara, the president of the Kenyan Bankers Association (KBA)…

Written by Eric MANIABLE and Raissa FOTIA SANTSA. In the previous episode, our actuaries had built surrender rate tables based…

The Egyptian subsidiary of Attijariwafa bank has signed a memorandum of cooperation with Global Lease to finance and support SMEs…

Following nine months of negotiations, the Kenyan bank Sidian Bank has signed a capital injection of 1.2 billion Shillings (about…

In a new report on Moroccan banks, an improved version of the two previous ratings of 2013 and 2016, the…...

Under the High Patronage of His Majesty King Mohammed VI, may God assist, the 6th edition of the Africa Development…

Ghana is seeking $ 750 million negotiated as a syndicated loan from Standard Chartered Plc and Standard Bank Group Ltd,…

The South African firm InvestSure will benefit from an investment of 9.6 million rand mobilized by 4Di Capital of Lireas…

Allianz Africa formalizes its new strategic skills cluster in Africa, according to a statement from the group to Financial afrik.…

 The African Export-Import Bank (Afreximbank) has made the case for factoring as a viable and sustainable solution to address the…

The Central Bank of Zimbabwe (RBZ) borrowed $ 985 million from pan-African lending institutions in 2018 to cover commodity imports.…

By Pierre Delval, chronicler. On April 15, 2018, in issue 49 of Financial Afrik, I devoted a full column…

National Bank of Egypt Vice President Yehia Abul Fotouh announced last week that the bank plans to finance infrastructure projects…

Announced in recent months by the government, the privatization process of the Togolese Banking Union (UTB) and the Togolese Bank…...

Nigerian financial holding company FBN Holdings Plc, the parent company of First Bank, announces that it will list its shares…

The African Development Bank and Sophia University in Japan, have signed a Memorandum of Understanding to promote capacity development within…

Ecobank Transnational Incorporated is preparing to sign today in Lomé, a partnership agreement with the Togolese government on the National…

In South Africa, the insurer Discovery plans to launch its banking business towards the end of May 2019. This step…

The national management of the Central Bank of West African States (BCEAO) announced on February 26, 2019, the state of…

If 8 companies have applied for membership of the Federation of African National Insurance Companies -FANAF (including East Africa Global…...