Browsing: Bank

The China Development Bank (CDB) has granted a loan of 2.1 billion yuan (292.5 million USD) to the Southern African…...

Global Credit Ratings (GCR) has confirmed and upgraded several ratings of Shelter Afrique Development Bank (ShafDB), both internationally and nationally,…...

United Bank for Africa (UBA) has officially filed a lawsuit to challenge the controversial sale of 60% stake in the…...

After three years of suspension, Nigerian banks are gradually resuming international transactions on debit cards denominated in Naira. United Bank…...

Stanbic IBTC Holdings Plc has successfully raised 148 billion naira ($99 million) in a rights issue, achieving a subscription rate…...

With the launch of the NSIA Benin compartment as part of the Keur Samba program, the BOAD Securitization management company…...

Bank Al-Maghrib has officially joined the Pan-African Payment and Settlement System (PAPSS), making Morocco the 17th country to join this…...

Guaranty Trust Holding Company Plc (NGSE:GTCO), better known as GTBank, is taking a new strategic step by announcing its intention…

Zenith Bank Plc remains the top Nigerian bank in terms of Tier-1 capital, according to the 2025 ranking by The…...

In the first quarter of 2025, the net banking income (NBI) of NSIA Bank Côte d’Ivoire, a member of the…...

The year 2024 marks a new stage in the strategic transformation of the National Investment Bank (BNI), illustrated by several…

Bank of Tanzania (BoT), the Tanzanian central bank, has reduced its key rate by 25 basis points, bringing it down…...

The board of directors of the Banque de l’habitat de Côte d’Ivoire (BHCI) confirmed Karna Patrice Coulibaly as the managing…...

Out of the 22 commercial banks licensed by the State of Cameroon as Specialists in Treasury Securities (SVT) on the…...

The African Development Bank (AfDB) approved, on June 27 in Abidjan, a trade financing facility totaling 25.5 million euros in…...

The Agency for the Promotion of Congolese Middle Classes (APROCM) and Access Bank DRC officially signed a strategic partnership of…...

The International Bank for Industry and Commerce of Benin (BIIC), now listed on the BRVM under the symbol BICB, continues…

ounded in 2013, Financial Afrik is a bilingual, pan-African media platform delivering trusted news, expert analysis, and strategic insights on finance, banking, capital markets, and public policy across the continent. Certified by the Journalism Trust Initiative (JTI), Financial Afrik publishes real-time articles through its website, a daily newsletter for decision-makers, a monthly magazine with deep dives, and mobile apps dedicated to news and events. Its readership spans financial executives, investors, policymakers, and researchers seeking high-quality, independent reporting on African economies.

Absa Mauritius, a Mauritian subsidiary of the South African group Absa, plans to increase its green financing to 30 billion…...

On the eve of the formal General Meetings of the African Export-Import Bank (Afreximbank), scheduled for June 28 in Abuja,…

The pan-African banking group Ecobank Transnational Incorporated (ETI) has launched a $250 million fundraising through the issuance of additional Tier…...

The Central Bank of West African States (BCEAO) updated its official list of approved payment institutions in the UMOA area…

Equity Group Holdings shareholders have given their approval for the opening of a representative office in the United Arab Emirates…...

During its second quarterly meeting of the year 2025, held on Tuesday, June 24, the Council of Bank Al-Maghrib (BAM)…...

The Shelter Afrique Development Bank (ShafDB) has signed a $15 million loan agreement with the Mauritanian Investment Bank (BMI) to…...

TIB Development Bank, a government-owned development bank in Tanzania, has secured a concessional loan of 30 billion Tanzanian shillings (11…...

Coris Bank International (CBI) shareholders will receive a net global dividend of 17.76 billion FCFA (32 million dollars) on July…

Nigerian group Access Bank PLC has completed the acquisition of Standard Chartered Bank’s retail banking and wealth management operations in…...

The net banking income (NBI) of Bank Of Africa (BOA) Senegal, a subsidiary of the Moroccan banking group BMCE Bank,…...

d of the 2024 fiscal year, the consolidated profit of the Crédit Immobilier et Hôtelier (CIH Bank) group, which has…...