Browsing: Banks & Insurance

Mauritius Commercial Bank (MCB) and Bank of Kigali signed on July 26, 2021, a loan facility of $ 20 million…

The Asset Management Corporation of Nigerian (AMCON) announced on Tuesday July 27 that it had acquired Nicon Insurance Limited and…

At the end of the first half of 2021, BH Bank recorded a 22% increase in its net banking income…

Amen Bank, Tunisia’s second private bank, published its financial results at the end of the first half of 2021. It…

Rwandan authorities have approved the KCB group’s deal for the takeover of Banque Populaire du Rwanda (BPR) from London-listed financial…

As part of the acquisition of vaccine doses in Africa, Standard Chartered will disburse USD 200 million in agreement with…

Standard Chartered announced Thursday, July 15, that it has appointed Lina Osman as the new regional head of sustainable finance…

Nigerian Guaranty Trust Bank announced Wednesday, July 14, the appointment of Miriam Olusanya as Managing Director. The newly promoted has…

Standard Bank Group Limited announced on July 15, 2021, that it had offered to acquire 100% of the financial and…

The UK’s development finance institute, CDC Group, announced Thursday, July 15, the establishment of a US $ 50 million trade…

The question has been on the lips for a few days, and torments the minds in the economic and financial…

Despite an increase of around 20% in the overall net income of banks operating in WAEMU in 2020, not all…

The Central Bank of Ghana (BoG) announced Monday, July 12, that it will launch a digital currency pilot project next…

South Africa’s financial rating agency, Global Credit Rating (GCR), announced on Monday July 12 that it had lowered the credit…

WAMU’s banking sector net income grew 19.8% compared to 2019, according to data from the Banking Commission’s annual report. It…

The South African short-term insurance (STI) industry has made record profits during the pandemic and has no reason to further…

Nigeria: First City Monument Bank at the bedside of female entrepreneurship The Board of Directors of the African Development Bank…

First National Bank (FNB), one of South Africa’s largest banks, announced on Wednesday (July 7th) that it will open 50…

The insurer Botswana is Botswana Life Insurance Limited (Botswana Life) announced on Tuesday July 6 that it had launched its…

The Bank of Central African States (BEAC) announced, in a press release published on July 2, 2021, the suspension of…

Kibo Capital Partners announced Monday, June 28, that it had sold all of its 6% stake in I&M Bank Rwanda…

Nigerian authorities are calling on the international maritime community to urgently end the war risk insurance premium currently charged on…

The Moroccan Capital Market Authority (AMMC) announced on June 25, 2021, that it had approved the prospectus relating to the…

Set up for the rapid collection of insurance premiums and the payment of claims by mobile money and bank cards,…

Aktif Bank, Turkey’s largest private investment bank, is preparing for the opening of a representative office in Kigali, according to…

South African insurer Old Mutual in a statement released on June 23, 2021, announced plans to distribute $ 734 million…

In the Democratic Republic of Congo (DRC), commercial banks granted CDF 5,465.84 billion (USD 2.7 billion) in loans to economic…

Lomé, 23 June 2021 – Ecobank Transnational Incorporated (“ETI”), the Lomé based parent company of the Ecobank Group, was hosted…

Paris/ Nairobi, 23 June 2021 – Bpifrance and the Eastern and Southern African Trade and Development bank (TDB) announce the…

Absa Insurance Company Ltd announced on Monday, June 21, that it had launched a new digital insurance product called “Activate…