Browsing: Finance

The State of Côte d’Ivoire, through its Public Treasury, raised on June 22, 2021, an amount of CFAF 38.500 billion…

In the Democratic Republic of Congo (DRC), commercial banks granted CDF 5,465.84 billion (USD 2.7 billion) in loans to economic…

Lomé, 23 June 2021 – Ecobank Transnational Incorporated (“ETI”), the Lomé based parent company of the Ecobank Group, was hosted…

Paris/ Nairobi, 23 June 2021 – Bpifrance and the Eastern and Southern African Trade and Development bank (TDB) announce the…

Injaro Agricultural Capital Holdings Limited (“IACHL”), the impact investment fund managed by Injaro Investments, announced on Tuesday June 22 that…

The number of complaints received by banking mediators in Tunisia for the year 2019 amounted to 217, keeping the same…...

With precisely 203 billion CFA francs in assets under management at the end of May 2021, the company is consolidating…

Vista Bank Group now operates in Burkina-Faso, a strategic point of entry into the WAEMU market  Vista Bank Group (‘Vista’)…

The Central African Financial Market Surveillance Commission (COSUMAF) reviewed market developments during the first six months of the year and…

The Regional Stock Exchange of West African Monetary Union (BRVM) is now a full member of the World Federation of…

Adenia Partners, a private equity fund management company in Africa, announced on Monday, June 21, that it has acquired a…

The net banking income (NBI) of Bank Of Africa (BOA) Niger, a subsidiary of BMCE Bank group, recorded an increase…

Absa Insurance Company Ltd announced on Monday, June 21, that it had launched a new digital insurance product called “Activate…

The Hollard Group, South Africa’s largest private insurer, will acquire the Australian general insurance activities of Commonwealth Bank of Australia…

In the exclusive interview given to Financial Afrik in its issue 81, Pathé Dione, CEO of the SUNU Group, announces…

The launch of Eco, the single currency of the Economic Community of West African States (ECOWAS), will take place in…

The Democratic Republic of Congo, currently in the trade balance of goods, exports which amounted to 6.550 billion USD at…

Investors strongly subscribed to the issue of 3-year Treasury-equivalent stimulus bonds (ORD) launched on June 17, 2021 on the West…

Orabank Gabon and Sanlam Pan Assurances signed an agreement on Wednesday June 16 in Libreville to pool their complementarity and…

BMCE Capital Investments will now be able to take a stake in the capital of companies in need of financing,…

As of the end of December 2020, 10 Ivorian public enterprises have achieved cumulative losses of 56.6 billion CFA francs…

Like the Inter-African Conference on Insurance Markets (CIMA) where the insurance penetration rate remains very low, covering barely 1.1% of…

European digital banking platform provider Layer announced on Wednesday (June 16) its partnership with United Bank for Africa (UBA) to…

African Infrastructure Investment Managers (AIIM), one of Africa’s largest infrastructure-focused private investment fund managers, announced on Monday (June 14th) that…

The State of Côte d’Ivoire, through its Public Treasury, raised on June 15, 2021, an amount of 65 billion FCFA…

This year has welcomed AfCFTA, the pan-African free trade agreement. As of 1st January 2021, AfCFTA has brought in new…

After acquiring the agricultural bank Grobank last March, the Nigerian Access Bank Group officially landed on the South African banking…

The overall situation in the countries of the Economic and Monetary Community of Central Africa (CEMAC) in the first half…

Nigeria’s public debt stood at USD 87.24 billion in the first quarter of 2021 according to a report by the…

South African billionaire Patrice Motsepe’s private equity firm, African Rainbow Capital (ARC) Investments, announced on Friday June 12 the performance…