Browsing: Finance

S&P Global Ratings confirmed on October 10, 2025, Mozambique’s sovereign rating at “CCC+/C” for foreign currency debt, with a negative…...

Zenith Bank Plc paid an interim dividend of 51.3 billion nairas (39.5 million USD) for the first half of 2025,…...

The Ghanaian government has announced its plan to introduce a portion of the capital of the public reinsurance company Ghana…...

The French media group Canal+, recently listed on the London Stock Exchange, announced on Monday its intention to proceed with…...

Guinea Insurance Plc, a non-life insurer based in Nigeria, has unveiled its financial projections for the year ending December 31,…...

Dakar, October 12, 2025 – The State of Senegal carried out, from September 22 to October 10, 2025, the closure…...

By Leila Ben Hassen, member of the Financial Afrik Awards jury. “Africa’s oceans are not just geographical boundaries – they…

Attijariwafa Bank has announced the appointment of Daouda Coulibaly as Regional Director for West Africa. This designation is part of…

The Johannesburg Stock Exchange (JSE) has appointed Valdene Reddy as the new CEO of the group, effective from April 1,…...

“In August 2025, Guinea’s trade balance showed a surplus of 2,302.2 billion Guinean francs (GNF), equivalent to 276.264 million dollars,…...

Dakar, October 2025 – On the sidelines of the Invest in Senegal 2025 Forum held in the Senegalese capital, Haytham…

By partnering with the Islamic Bank of Senegal (BIS), the International Finance Corporation (IFC), a member of the World Bank…...

Sanlam Private Equity, the private equity branch of Sanlam Investments, will acquire Medhold, a provider of medical devices in Southern…...

The Central Bank of Congo (BCC) announced on Tuesday, October 7, a decision to reduce its key rate from 25%…

Nigeria is preparing for a new offensive on the international financial markets. President Bola Tinubu has requested authorization from Parliament…...

The Dubai-based fintech Optasia is set to list on the Johannesburg Stock Exchange (JSE) in an operation aiming to raise…...

The Qatar National Bank (QNB) group announced that it has received official approval from the Central Bank of Egypt to…...

The Central Bank of Kenya (CBK) has decided to lower its benchmark rate for the eighth consecutive meeting, reducing it…...

Kenya has converted a $5 billion railway loan from China into yuan, aiming to reduce its annual interest costs by…...

The Burkina Faso Council of Ministers adopted five decrees on October 2, 2025, marking a decisive step in the reform…...

Africa Finance Corporation (AFC) has had its long-term issuer credit rating confirmed at A3 by Moody’s Ratings for the eleventh…...

In twelve months, from June 2024 to June 2025, the total outstanding Treasury securities increased from 6,871.7 billion CFA francs…...

The Central Bank of Nigeria (CBN) has issued a new set of guidelines on Monday, October 6, regulating the operations…...

Kenya is preparing to establish two strategic funds to boost its economic development, announced President William Ruto. In order to…...

In a note published by Moody’s Investors Service, the credit rating agency warns that the recent decision by the Central…...

In Congo, the 2026 Finance Bill provides for the disappearance of the Personal Income Tax (IRPP), deemed “complex and prone…...

Lomé, October 3, 2025 – The Central Bank of West African States (BCEAO) has updated the list of financial institutions…

A few days before the opening of the Invest in Senegal 2025 Forum, scheduled for October 7th and 8th in…...

According to information obtained by Financial Afrik, no recapitalization or sale file has yet been officially submitted to the Central…

The Ivorian government adopted, on Wednesday, October 1st, a set of major measures aimed at modernizing and strengthening the retirement…