Browsing: Finance

Spiro has received an additional investment of $55 million from the Chinese fund NewTrails Capital, bringing the total amount of…...

South African assets are experiencing a renewed interest from institutional investors, with a level of optimism at its highest in…

The Central Bank of Egypt (CBE) has requested banks in the country to no longer grant loans intended to finance…...

The main listed Nigerian banks generated more than half of their pre-tax profits from their foreign activities in 2025, confirming…...

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a member of the Islamic Development Bank Group…...

The International Islamic Trade Finance Corporation (ITFC) has concluded a framework agreement of 750 million dollars with the Republic of…

Kenya has mandated the Trade and Development Bank (TDB) and the Africa Finance Corporation (AFC) to mobilize around USD 1.19…...

Within the Central African Economic and Monetary Community (CEMAC), a new front is opening between two strategic entities. According to…

The South African banking group Absa plans to invest up to 30.9 billion Kenyan shillings ($239 million) to increase its…

Lomé, 19 June 2026 – The ECOWAS Bank for Investment and Development (EBID) is pleased to announce the entry of…

The market continues to respond to the requests of the Senegalese Treasury. Following an auction of Treasury bills (BAT) with…...

At the end of the 2025 financial year, the consolidated profit of the Tunisian group CARTE (Tuniso-European Insurance and Reinsurance…...

Burkina Faso continues to diversify its sources of financing with the launch of a Sukuk issuance of 75 billion CFA…

Tunisian insurer STAR closed the 2025 fiscal year with a net profit of nearly 40 million Tunisian dinars, approximately 13.5…...

The government of the Democratic Republic of Congo (DRC) raised 32.9 million US dollars during a Treasury Bonds auction held…...

The Kenyan subsidiary of the Commercial International Bank (CIB Kenya) aims to triple its market share in two years to…...

The National Insurance Commission of Nigeria (NAICOM) has officially returned operational control of African Alliance Insurance Plc to a new…...

The net assets of Collective Investment Schemes in Securities (OPCVM) in Morocco reached 830.14 billion dirhams (approximately $91.3 billion) as…...

The Central Bank of Nigeria (CBN) has ordered banks, fintechs, and other payment service providers to locally store transaction data…...

The Central Bank of Sierra Leone closed Union Trust Bank (UTB), the country’s only indigenous private bank, on Wednesday, June…...

Casablanca Stock Exchange started the week on an exceptional note. Boosted by the announcement of a framework agreement between Washington…...

The BSIC Group continues to diversify its sources of financing by tapping into the regional financial market of the WAEMU…...

According to exclusive information from Financial Afrik, the pan-African group SAAR Assurance has just finalized a majority stake in the…...

Life insurance companies that are members of the Association for Savings and Investment South Africa (ASISA) maintained a high level…...

According to the report on the evolution of lending rates of credit institutions in the Economic and Monetary Community of…...

In Dakar, the competent commercial court ruled in favor of BSIC Senegal SA in the dispute with MACH INTER SARL…...

The Development Bank of Central African States (BDEAC) has obtained approval from its Board of Directors to initiate steps to…...

Gabon is preparing to make a notable comeback on the international bond market with the planned issuance of a eurobond…...

The Kenyan government has initiated a reform of insurance legislation aimed at recognizing agricultural insurance as a standalone class of…...

Kenya plans to raise approximately USD 1.13 billion through an international bond issuance to finance its budget deficit for the…...