Browsing: Banks & Insurance

CIH Bank, in partnership with the European Investment Bank (EIB), has decided to support Moroccan companies affected by the coronavirus…

Atlantique Assurance Vie, a subsidiary of the Moroccan group BCP, signed a partnership agreement with the Lataha de Korhogo school…

&M Bank (Rwanda) Plc announced this weekend that it made an after-tax profit of 1.6 billion Rwandan francs (1.6 billion…

The shareholders of Banque Atlantique Côte d’Ivoire met in an ordinary general meeting on May 25, 2021 in Abidjan, to…

KCB Group Plc announced on May 26, 2021 that it recorded 1.8% profit growth for the first three months of…

At a virtual ordinary general meeting this Thursday, May 27, Ecobank shareholders validated the group’s 2020 results with an annual…

The South African bank African Bank on Thursday, May 27, published its financial results for the year ended March 2021.…

Saham insurance companies change their name from June 1, 2021 in their various markets including Togo, Benin, Guinea and Senegal.…

The African Import-Export Bank (Afreximbank) recorded strong growth in the first quarter compared to its unaudited financial statements for the…

As of March 31, 2021, Absa Bank’s net profit stood at 2.42 billion shillings (22 million USD), up 23.7% from…

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…