Browsing: Banks & Insurance

Societe Generale Maroc announced Thursday, May 20, that it had appointed Karim El Hnot to the post of Deputy Director…

Co-operative Bank of Kenya announced on Wednesday (May 19th) that its net profit was 3.46 billion shillings (32 million USD)…

Access Bank Plc has completed the acquisition of Mozambican bank, African Banking Corporation, nine months after negotiations began. The amount…

Announced behind the scenes, the resignation of the Director General of the Ivorian Bank Company (SIB), Daouda Coulibaly, is effective.…

The Vista Bank group announced this Monday, May 10, that it had chosen the payment service provider Radar Payments from…

The Central Bank of Kenya (CBK) tasked the Kenya Deposit Insurance Corporation with liquidating the Charterhouse Bank (CHB), 15 years…

The South African National Treasury has announced that it will continue with plans to introduce a new state bank. A…

Kenyan start-up Lami raises $ 1.8 million to boost digital insurance Kenyan insurtech startup Lami Technologies has successfully raised $…

Allianz is now the majority shareholder of Jubilee General Insurance Limited in Kenya following the acquisition of a 66% stake…

Kenyan insurer Britam Holdings has decided to make further acquisitions in Africa as part of its growth strategy, internal sources…

The sanction of the Central Bank of Nigeria (CBN) was not long in coming. The authority on Thursday (April 29)…

Following the closing of the accounts for the 2020 financial year of the pan-African banking group Oragroup during its Board…

After the worst economic downturn on record, with an estimated 1.9% contraction in 2020, sub-Saharan Africa is set to lag…

Mr. Serge Ekue, President of the West African Development Bank held today a virtual press conference to review his achievements…

Equity Group Holdings (EGH), a commercial bank operating in East and Central Africa, is benefiting from a USD 100 million…

South African bank First National Bank (FNB) has acquired 100% of Selpal, a startup in South Africa, offering financial technology…

The Ivory Coast subsidiary of the Pan-African Bank UBA achieved, for the year 2020, a net profit of 12.115 billion…

Activa Assurance with the support of the International Finance Corporation (IFC), the World Bank Group (WB) entity dedicated to financing…

The board of directors of Banque Atlantique Senegal, which met on March 16, 2021, approved the appointment of Alexandra Awadi…

The digital bank TymeBank announced, Monday, March 15, to have appointed David Pfaff to the positions of CEO and CFO…

Insurance group Britam Holdings is set to lay off at least 130 employees, mainly in its operations in Kenya. This…

The main indicators of Saham Assurance Maroc experienced an upward and downward trend in the 4th quarter of 2020, according…

After opening agencies dedicated to young people and professionals, Societe Generale Maroc is at the bedside of companies. The bank…

Vista Group is pleased to announce that the Central Bank of The Gambia has formally approved the rebranding of First…

Portfolio management firms Apis Growth Fund II and JG Summit Holdings have awarded R1.6 billion ($ 108 million) in funding…

Allianz Nigeria plans to roll out a cyber insurance policy before the end of the first half of 2021, announces…

Nairobi, 17th February, 2021 – African Guarantee Fund has issued a loan portfolio guarantee amounting to USD 10 million to…

Bank ABC of Algeria, a subsidiary of Arab Banking Corporation, proceeded on Tuesday, February 16, with the official inauguration of…

Bitcoin (BTC) continues its momentum, quoting at $ 42,848, or 23.5 million CFA Francs or 383,018 dirhams while the boss…

Seven South African banks are included in the ranking of the 500 best institutions in the world recently published by…