Browsing: Banks & Insurance

Like many countries, Morocco is concerned by US sanctions against Iran. In particular, banks are among the most important institutions…

The dismissal of Moroccan Finance Minister Mohamed Boussaid on 1 August and his replacement on a long-term basis by Islamist…

The African Export-Import Bank (Afreximbank) has disbursed the sum of $200 million to the Egyptian General Petroleum Corporation (EGPC) to support EGPC’s investment in the Middle East…

Senegalese banks have had a generous hand for the Senegalese private sector. In fact, these institutions granted the sector an…

BOA Niger, a Nigerian subsidiary of the Moroccan banking group Bank of Africa, received a long-term A- rating with a…

Groupe BGFIBank strengthens its control and monitoring system with the appointment of:  Mrs. Stella BONGOTHA, Director of Group Compliance,…

The European Bank for Reconstruction and Development (EBRD) plans to inject $ 1.4 billion into Egypt by the end of…

Despite the veil surrounding the signing of important trade agreements between South Africa and China, we know more about the…

The Central Bank of West African States (Bceao) will launch this week the launch of the support mechanism for the…

The Central Bank of Ghana (BoG) recorded a loss of just over 347 million dollars (1.64 billion GH ¢) in…

the African Development Bank organized a workshop in Casablanca, Morocco, to present the Africa Investment Forum (AIF). Third stage of…

With a penetration rate of 3.7% in 2017, the insurance sector in Morocco is neither exposed to the risk of…

The Economic Community of West African States (ECOWAS) and Switzerland have agreed on the pooling of their efforts to stimulate…

Morocco now has a platform for comparing and evaluating financial institutions. This is Bankeo, launched by Connection Investement, a young…

Now, it will require a minimum capital of 6 billion naira ($ 16.6 million) against 2 billion naira ($ 5.5…

The African Development Bank (AfDB) has signed a $ 250 million unsecured risk-sharing agreement with South African bank Absa Bank,…

On the initiative of the Regional Stock Exchange (BRVM), a training workshop for Capital Market Managers and Traders of Management…

Ivorian Gervais Atta has just taken control of the Comoros Development Bank (BDC) where he took office on 23 July.…

The World Bank will finance a $ 794.5 million hydropower project in Cameroon to facilitate access to electricity for 88%…

SGBCI, the general banking company in Côte d’Ivoire, presented this July 19, through its regional market room based in Abidjan,…

The New Development Bank (NDB), formerly known as the BRICS Development Bank, plans to lend up to $ 600 million…

The Egyptian bank, EFG Hermes Holding, announced on Thursday (July 19th) the signing of a definitive sale and purchase agreement…

The Board of Directors of Ecobank Transnational Incorporated (ETI) announces the appointment of Patrick Akinwuntan as Managing Director and Regional…

The president of the West African Development Bank (BOAD), Christian Adovelande, announced on Thursday that the institution has mobilized 630…

Allianz, Europe’s leading insurance group, announced on Wednesday (18 July) the finalization of the 99.03% acquisition of Nigerian insurer Ensure…

The Societe Generale banking group has decided to inject an additional € 2 million into the capital of the TagPay…

The China National Offshore Oil Corporation (CNOOC) plans to inject an additional $ 3 billion into its offshore oil and…

Casablanca, Wednesday, July 18, 2018. The BCP Group has just obtained for all its subsidiaries affiliated to the Capital Markets…

A very first since the adoption of the Regulation number 0003 / CIMA / PCMA / PCE / 2012 of…

The prize for the “Best Bank of Côte d’Ivoire” was awarded to SGBCI, the Societe Generale group’s subsidiary by the…