Browsing: Finance

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

Maputo, Mozambique – August 13, 2025 – Africa50, a pan-African infrastructure investor and asset manager, announced the first closing of…

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

The National Transitional Council ratified, on Wednesday, August 13, two loan agreements aimed at financing strategic road projects in Guinea,…...

As announced earlier this week by Financial Afrik, the Tunisian Stock Exchange (BVMT) celebrated on Thursday, August 14, the official…...

Universal Insurance Plc has released its financial results for the second quarter and first half ending on June 30, 2025,…...

The Algerian Transport Insurance Company (CAAT) closed the 2024 fiscal year with a net profit of 837.8 million Algerian dinars…...

The outstanding bank credit in Morocco increased by 5.8% by the end of June 2025 compared to the same period…...

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

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

As part of its strategy to combat inflation, the State of Gabon has agreed to the creation of a purchasing…...

In a recent report, the African Development Bank (AfDB) reveals that in 2024, the volume of non-performing loans reached 205…...

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

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

In its latest economic outlook on the country’s public debt, the Congolese Amortization Fund (CCA) informs that the Public Treasury…...

In 2024, the net profit of insurance companies in Morocco increased by 2.9% to reach approximately €407 million, according to…...

Kenyan Minister of Transport, Davis Chirchir, announced on Monday, August 11, the issuance in September of a securitized bond of…...

Beltone Financial Holding (BTFH) has released its consolidated results for the first half of 2025, showing a revenue of 6.3…...

BNA Insurance will make its debut on the main market of the Tunis Stock Exchange on Thursday, August 14, 2025,…...

At the end of a simultaneous auction of Treasury assimilable bills (BAT) of 364 days and assimilable Treasury bonds (OAT)…...

Moody’s Ratings has upgraded the Financial Strength Rating (IFSR) of Zambia-based Klapton Reinsurance Limited (KlaptonRe) from Caa2 to Caa1, with…...

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

Egyptian President Abdel Fattah Al-Sisi has renewed Mohamed Farid Saleh’s mandate as head of the Financial Regulatory Authority (FRA) for…...

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

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

Of the 13.115 trillion CFA francs (22.7 billion USD) of direct debt of the central government, corresponding to 40% of…...

The Moroccan government presented, on Friday, August 8, the framework of the draft budget law (PLF) for 2026, setting an…...

President Bola Tinubu has signed the 2025 Insurance Sector Reform Act in Nigeria (NIIRA), ushering in a new phase of…...

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

The African Reinsurance Corporation (Africa Re) has launched a new index-based livestock insurance (IBLI) product in Nigeria in partnership with…...