Browsing: Finance

The African Development Bank (AfDB) has approved a $125 million equity investment in African Trade & Investment Development Insurance (ATIDI).…

According to information gathered by Financial Afrik from several reliable sources close to the Senegalese banking market, Société Générale Senegal…...

At the end of their Ordinary General Assembly (OGA) on April 30, 2026, the shareholders of the National Agricultural Bank…...

Gathered on June 3, 2026 in Lomé, the shareholders of Ecobank Transnational Incorporated (ETI) approved the return of dividends after…...

Harvest Asset Management announces that it has exceeded the one billion euros mark in assets under management, with over 748…...

The Central Bank of West African States (BCEAO) generated a profit of 588 billion CFA francs in 2025, down 14%…...

Bank credit to the non-financial sector grew by 8.1% in April 2026, up from 6.3% the previous month, according to…...

The latest African Economic Outlook 2026 report from the African Development Bank (AfDB) recognizes Morocco as one of the most…...

For the fiscal year 2025, the Orange Côte d’Ivoire (OCI) group, which has subsidiaries in Burkina Faso and Liberia, will…...

” My continent is a question mark on the world map.” This masterful formula by Tchicaya U Tam’si, a monument…

The offer from South African banking group Nedbank to acquire approximately 66% of the capital of NCBA Group has entered…...

AFG Bank Gabon recorded a record net profit of 31.25 billion CFA francs (equivalent to $54.8 million) in 2025, up…...

The Cameroonian government has embarked on a new stage in structuring and capturing revenues from semi-mechanized artisanal mining. A joint…...

The African stock market duel is now playing out at the top between Lagos and Accra. With a growth of…...

Former President of the African Development Bank Group (AfDB) Akinwumi Adesina has been appointed Chairman of the Board of Directors…...

On May 25, 2026, the Rwandan Ministry of Economy and Finance revealed that the previous week, the financial rating agency…

“The CEO of SGI IFI, Issa Malgoubri, argues that the true sophistication of structured finance lies in the transparency and…

In a tender notice published on its website on May 25, 2026, the Central Bank of Central African States (BEAC)…

According to the 2026-2028 restructuring plan project of the Ministry of Water and Energy, the State plans to mobilize nearly…...

Sanlam Alternative Investments has acquired a 10% stake in GreenCo Group Limited for 10 million USD, becoming the first private…...

The DIDEX 20 is the benchmark stock index designed by Financial Afrik to track the evolution of the 20 largest…

The Professional Association of Brokerage Firms (APSB) is betting on continuity. At its meeting on May 19, 2026, its board…...

BANK OF AFRICA announced on Tuesday, May 26, a 9% increase in its group share of net profit for the…...

Absa Group banking group has appointed Leon Barnard, a former executive at Standard Bank, as the CEO of its pan-African…...

The Moroccan banking group Attijariwafa bank is taking a new step in its digital strategy with the official launch of…

In Gabon, the budgetary optimism at the beginning of the year has collided with macroeconomic reality. The amending finance law…

The African Development Bank (AfDB) and the OCP Group signed an agreement on May 22, 2026 in Rabat for a…

In its public debt outlook note for Cameroon released on May 15, 2026, the Autonomous Amortization Fund (CAA) estimates the…

A delegation from the Central Bank of Libya, led by Governor Naji Mohammed Issa, received officials from Numisma Bank in…...

At the end of its Monetary Policy Committee (MPC) meeting on May 18, 2026, the Central Bank of Mauritania (BCM)…...