Browsing: Banks & Insurance

The participation of savings and credit institutions under the jurisdiction of the Central African Banking Commission (COBAC) will be increasingly…

The Co-operative Bank’s net profit was 7.4 billion shillings (68 million USD) in the first half of 2021, an increase…

The difficulties for companies to access bank financing, generally because they do not offer guarantees, have increased with the outbreak…

Negotiations have accelerated in recent weeks in Lomé, the Togolese capital, and resulted in the government announcing the sale of…

Absa Group Limited, a financial services group, released its financial results for the first half of 2021 on Monday (August…

Equitel, a mobile network operator in Kenya, rolled out its fourth generation (4G) network on August 12, 2021. This initiative…

The Arab Banking Corporation (Bank ABC) announced on Thursday August 12 that it had completed the acquisition of 99.5% of…

Sanlam and MTN Group announced Thursday, August 12, that they have entered into a strategic partnership to develop Insurtech in…

The Togolese government announced this Wednesday, August 11, that it had adopted a draft decree setting the terms and the…

CIC Insurance Group Plc, a Kenyan insurance group, recently published its financial results for the first half of 2021. After…

South African banking group Nedbank released its financial results for the first half of 2021 on Wednesday (August 11th), reflecting…

Stanbic Bank Uganda Limited, a Ugandan commercial bank, performed well in the first half of 2021 despite the severity of…

The International Finance Corporation (IFC), a member of the World Bank Group, together with Commercial International Bank – Egypt (CIB),…

Investec, an Anglo-South African banking group, announced on Wednesday (August 4th) that it had launched a new banking product aimed…

From 205.38 billion FCFA in 2019, the total balance sheet of Coris Bank Togo rose to 309.92 billion in 2020,…

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…