Browsing: Bank

Nairobi, 17th February, 2021 – African Guarantee Fund has issued a loan portfolio guarantee amounting to USD 10 million to…

After years of experience in corporate and structured finance, corporate banking and asset management at prestigious institutions such as HSBC…

African Guarantee Fund has issued a loan portfolio guarantee amounting to USD 10 million to Afriland First Bank to support…

Bank ABC of Algeria, a subsidiary of Arab Banking Corporation, proceeded on Tuesday, February 16, with the official inauguration of…

Bitcoin (BTC) continues its momentum, quoting at $ 42,848, or 23.5 million CFA Francs or 383,018 dirhams while the boss…

Ecobank Côte d’Ivoire is in turmoil over its Asset management subsidiary. Directed until recently by Mike Coffi, Ecobank Asset Management…...

Seven South African banks are included in the ranking of the 500 best institutions in the world recently published by…

The rating agency Fitch Ratings has confirmed the default rating of the long-term issuer (IDR) of Mauritius’ largest bank, Mauritius…

Insurance group Britam Holdings has appointed Mohamed Said Karama as interim Chairman of the Board of Directors (PCA) to replace…

“We expect the asset quality of North African and Jordanian banks to deteriorate in 2021 once the regulatory suspension measures…

Farewell Royal Kaïlcedrat of Ebrié Michel Abrogoua is no more. A pioneer of private equity in Africa, the Boss of…

The Ecobank group announced in a statement released on the Nigerian Stock Exchange that its local subsidiary has obtained a…

The net banking income (GNP) of the National Agricultural Bank (BNA) of Tunisia recorded at the end of the 2020…

South African bank African Bank announced Monday, January 25, that its chief executive, Basani Maluleke, has resigned from the group…

The turnover of the banking sector in the Democratic Republic of the Congo was 10 billion 406.5 million USD in…

The government of Togo aims to set up a digital bank to offer digital financial services. This, within the framework…

The State of Côte d’Ivoire, through its General Directorate of the Treasury and Public Accounts, raised on January 19, 2021…

The Banque Populaire Foundation took part, on January 18, 2021 in partnership with the Regional Academy of Education and Training…

CDC Group, the UK’s development finance institution and impact investor, has announced a USD 100 million debt commitment to the…

Lebanese bank BLOM Bank announced on Sunday (January 17th) that it had sold its 99.4% stake in its Egyptian subsidiary…

Benin completes Africa’s first international bond transaction of the year, with the issuance of one billion euros in two tranches…

After a positive overall balance of CFAF 284.6 billion (€ 426.900 million) in 2018, Côte d’Ivoire’s balance of external payments…

Amsterdam, 4 January 2021.  FCI along with Afreximbank announce the appointment of Mr. Nassourou Aminou as the new Regional Manager…

The credit rating agency, Wara, affirms Coris Bank International (CBI) ‘s investment category rating with “BBB +” in the long…

The leading pan-African banking group, Ecobank, on December 22 launched an e-commerce solution for African micro, small and medium enterprises…

After the acquisition of the Commercial Bank of Congo (BCDC), the banking group Equity Bank saw its total balance sheet…

After seeing their rating plummet to “BB-”, impacted by South Africa’s “BB” sovereign rating from “BB-” in November, five South…

The inflation rate of the West African Economic and Monetary Union (UEMOA) countries increased by 0.5 percentage point, year-on-year, at…

The gold cash of the Central Bank of Tunisia (BCT) increased by 89.241 million dinars (27.043 million euros) on November…

Pan-African reinsurer Continental Re has announced the appointment of Ogadi Onwuaduegbo as regional director, Anglophone West Africa. His appointment will…