Browsing: Finance

The Nigerian government has introduced a 10% tax on income generated from short-term financial investments, ending an exemption that has…...

AMEN BANK, the second largest private bank in Tunisia, saw a 5.2% increase in its net banking income (NBI) at…...

To finance the budget of the State of Mali, the Public Treasury of this country managed to obtain on October…...

The Algerian insurance market continued to grow in the first half of 2025, mainly supported by the strong performance of…...

Access Holdings Plc generated 101.65 billion nairas ($66 million USD) in revenues from electronic transactions in the first half of…...

Senegal’s eurobonds recorded a decline on Tuesday, following Prime Minister Ousmane Sonko’s statements announcing an upcoming reduction in electricity tariffs…...

SanlamAllianz, a joint venture born from the merger between Sanlam and Allianz in 2023, officially launched its brand in Uganda…...

The Central Bank of Egypt (CBE) announces that it has withdrawn nearly 3 billion dollars (equivalent to 146 billion Egyptian…...

African regional development banks are ready to significantly strengthen their lending capacity to fill national financing gaps, according to S&P…...

Mozambique has received a $2 million insurance payout to protect itself against the effects of drought during the 2025-2026 agricultural…...

The Moroccan government presented, on October 21st, a draft law reforming the compensation system for victims of road accidents, currently…...

The South African banking group FirstRand has acquired 20.1% of Optasia, a Dubai-based fintech company specializing in artificial intelligence applied…...

The Kenyan Insurance Regulatory Authority (IRA) published on October 22, 2025, a draft amendment aiming to introduce coverage for risks…...

In Egypt, the General Authority for the Suez Canal Economic Zone (SCZone) announced that it has secured a long-term bank…

East Africa Reinsurance Company (EARe) has seen AM Best confirm its financial strength rating of “B” (fair) and its long-term…...

The Société Tunisienne de Banque (STB) announced a net banking income (NBI) of 522.7 million Tunisian dinars (TND) (177.3 million…...

Nedbank Group has received unconditional approval from the South African Competition Commission for the acquisition of local fintech iKhokha for…...

Nigerian billionaire Aliko Dangote plans to raise an additional $5 billion to expand his oil refinery in Lagos. The announcement…

Absa Bank Uganda, a subsidiary of the pan-African Absa group, has completed the acquisition of Standard Chartered Uganda’s Wealth and…...

At the end of September 2025, Ecobank Transnational Incorporated (ETI) confirms its growth momentum despite a mixed macroeconomic environment in…...

The ECOWAS Investment and Development Bank (BIDC) signed a $10 million credit line with Vista Bank Sierra Leone on Monday,…

Mediterrania Capital Partners (MCP), a pan-African private equity fund, announces a strategic co-investment of 100 million euros in Coris Holding,…

In a rapidly changing mining sector, AFG Bank Mali is taking the lead. By launching the Local Content Champion Program…

In a strong statement dated October 27, 2025, AFG Bank Madagascar puts an end to rumors: no, billionaire Maminiaina Ravatomanga,…...

In its economic outlook for the first quarter of 2025, the Cameroonian Ministry of Finance (Minfi) reveals that during the…...

The Kuwaiti Egyptian Holding Company (EKHO) announced that it has approved the sale of its entire stake in Delta Insurance…...

The Nigerian Council of Registered Insurance Brokers (NCRIB) anticipates a rise in the insurance penetration rate in Nigeria to reach…...

The Central Bank of Egypt (CBE) announced that remittances from Egyptians working abroad have seen a significant increase in the…...

The young Nigerian bank PremiumTrust Bank, founded less than four years ago, has received a long-term credit rating of A-…...

In 2026, the Ministry of Mines and Geological Resources of Gabon is requesting a budget of 68.12 billion CFA francs…...