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Friday, March 20

Browsing: Bank

Discover exclusive insights into the banking landscape across Africa in our “Bank” section. Stay updated on financial trends shaping the continent’s economic future.

Mauritania: Central Bank adjusts its key rate to 6%

Bank 17 August, 2025

The Monetary Policy Council of the Central Bank of Mauritania (BCM), meeting on August 15, 2025 under the chairmanship of…

BGFIBank: Rhinesse Katsou appointed Deputy General Manager, in strategic continuity following Henri-Claude Oyima’s departure to the government

Bank 16 August, 2025

Libreville, August 15, 2025 – The BGFIBank Group announced the appointment of Mr. Rhinesse Katsou as Deputy General Manager of…

AFG acquires Société Générale Guinea: FINACTU achieves a new success in banking advisory

Bank 16 August, 2025

The FINACTU Group announces the success of its exclusive advisory mandate to the AFG Group, a major player in the…

Bosquet Investments Ltd. acquires 21.22% of Ecobank Transnational Incorporated’s capital from the Nedbank group

Bank 15 August, 2025

Thunderclap in Lomé: Alain Nkontchou snatches Ecobank from under all his rivals’ noses The surprise is total. Ecobank Transnational Incorporated…

Standard Bank: planned departure of Sim Tshabalala, historical figure of the group

Bank 14 August, 2025

rridors of Standard Bank, the announcement on August 14 was like a coded signal: Sim Tshabalala, CEO since 2013 and…

Financial services: African Consumer Organization launches survey in 16 countries

Bank 14 August, 2025

The African Consumer Organization (ACO) officially launched its satisfaction survey project related to financial services on Tuesday, August 12. This…...

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Central African Republic opens its doors to the Nigerian banking group UBA

Bank 13 August, 2025

During the African Caucus 2025 held in Bangui from July 31 to August 2, 2025, the Central African president, Faustin-Archange…...

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Absa Bank Kenya: 9% increase in profit in the first half

Bank 13 August, 2025

Absa Bank Kenya PLC recorded a 9% increase in after-tax profit to 11.7 billion Kenyan shillings (79 million USD) for…...

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Egyptian Gulf Bank reports a 28% increase in profits in the first half of 2025

Bank 11 August, 2025

Egyptian Gulf Bank (EGBE) announced a consolidated net profit of 1.674 billion EGP (approximately 34.69 million USD) for the period…...

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Ecobank anticipates a strong second half despite global uncertainties

Bank 11 August, 2025

The pan-African banking group Ecobank expects to maintain a positive momentum in the second half of 2025, provided that no…...

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Zimbabwe: Central bank releases liquidity by lowering reserve requirements

Bank 11 August, 2025

The Reserve Bank of Zimbabwe is now encouraging banks to reduce their effective statutory reserves to 15%, in order to…...

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Egypt: Suez Canal Bank records a 70.5% increase in its half-year net profit

Bank 11 August, 2025

Suez Canal Bank recorded a strong increase in net profit after taxes of 70.56%, reaching approximately $102.8 million (3.083 billion…...

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Kenya: Stanbic Bank doubles its dividend despite a 9% drop in profits

Bank 11 August, 2025

Stanbic Bank, the Kenyan subsidiary of South African group Standard Bank, has increased its interim dividend to 3.80 KSh (about…...

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Rendez-vous, the quarterly newsletter of the ECOWAS Bank for Investment and Development

Bank 8 August, 2025

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DRC: André Wameso officially takes over the reins of the Central Bank of Congo (BCC)

Bank 7 August, 2025

André Wameso officially assumed his duties on August 4, 2025 as the new governor of the Central Bank of Congo…...

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Ecobank withdraws from Mozambique

Bank 7 August, 2025

Ecobank Transnational Incorporated (ETI) has announced its intention to sell its subsidiary Ecobank Mozambique S.A. (EMZ) to FDH Bank Plc,…...

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The withdrawal of French banks from Africa: a symptom of a multipolar world in recomposition

Bank 6 August, 2025

By Junior MBUYI – International financial expert, founder of JPG Consulting Partners While banking rates remain historically low on the…

Algeria: BNA records a net profit of over 330 million euros in 2024

Bank 4 August, 2025

The Banque nationale d’Algérie (BNA) closed the 2024 fiscal year with a net profit exceeding 48 billion Algerian dinars, or…...

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Instant Transfer and e-CFA: These Major Revolutions Announced by the BCEAO

Bank 4 August, 2025

On September 30, 2025, the West African Economic and Monetary Union (UEMOA) will reach a historic milestone with the official…

Breaking News: BCEAO publishes a series of key instructions on exchange regulation

Bank 2 August, 2025

The Central Bank of West African States (BCEAO) has just published, on August 1, 2025, a series of major instructions…

Ecobank Ghana: net profit up 19% in the first half of 2025

Bank 2 August, 2025

Ecobank Ghana Plc released its unaudited consolidated financial statements for the half-year ended June 30, 2025 on July 31, 2025,…...

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CEMAC: BEAC launches a mobile application to counter counterfeit money

Bank 2 August, 2025

The Central Bank of Central African States (BEAC) has launched a mobile application called “BEAC NG2020” to allow citizens and…...

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Malawi: Central Bank maintains its policy rate at 26%, despite a decline in inflation

Bank 2 August, 2025

The Monetary Policy Committee (MPC) of the Reserve Bank of Malawi has decided, following its third meeting of the year…...

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UEMOA: 10% increase in bank credit supply in 2024

Bank 1 August, 2025

The supply of bank credit in the West African Economic and Monetary Union (UEMOA) increased by 10% at the end…...

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Ghana: Central Bank’s key rates hit record low

Bank 1 August, 2025

The Governor of the Bank of Ghana, Johnson Asiama, announced at a press conference on Wednesday, July 30, that the…...

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Nigeria: Sterling Bank prepares for an IPO after a 157% growth in profits

Bank 1 August, 2025

Sterling Financial Holdings Company Plc (Sterling HoldCo), the parent company of Sterling Bank, recorded a significant 157% increase in after-tax…...

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Tunisia: Central Bank maintains key interest rate at 7.5% in the face of still fragile disinflation

Bank 1 August, 2025

The Board of Directors of the Central Bank of Tunisia (BCT) decided on Wednesday, July 30 to maintain the key…...

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South Africa: Ghana Msibi takes the helm of FNB Business

Bank 1 August, 2025

First National Bank (FNB) has announced the appointment of Ghana Msibi as the new CEO of FNB Business. This change,…...

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Ivorian Gervais Atta elected President of the SADC Business Council, with the support of the Malagasy employers’ organization

Bank 1 August, 2025

Antananarivo, July 31, 2025 – Ivorian banker Gervais Atta has been elected as the head of the Southern African Development…

Senegal: Orabank opens a premium agency in Almadies to attract high-end clientele

Bank 1 August, 2025

On July 31, 2025, Orabank officially inaugurated a new premium agency in the heart of Almadies, a prestigious neighborhood in…

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Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….

Contact us: redaction@financialafrik.com