Browsing: Finance

Moody’s Ratings has upgraded the Financial Strength Rating (IFSR) of Zambia-based Klapton Reinsurance Limited (KlaptonRe) from Caa2 to Caa1, with…...

Egyptian Gulf Bank (EGBE) announced a consolidated net profit of 1.674 billion EGP (approximately 34.69 million USD) for the period…...

Egyptian President Abdel Fattah Al-Sisi has renewed Mohamed Farid Saleh’s mandate as head of the Financial Regulatory Authority (FRA) for…...

The pan-African banking group Ecobank expects to maintain a positive momentum in the second half of 2025, provided that no…...

The Reserve Bank of Zimbabwe is now encouraging banks to reduce their effective statutory reserves to 15%, in order to…...

Of the 13.115 trillion CFA francs (22.7 billion USD) of direct debt of the central government, corresponding to 40% of…...

The Moroccan government presented, on Friday, August 8, the framework of the draft budget law (PLF) for 2026, setting an…...

President Bola Tinubu has signed the 2025 Insurance Sector Reform Act in Nigeria (NIIRA), ushering in a new phase of…...

Suez Canal Bank recorded a strong increase in net profit after taxes of 70.56%, reaching approximately $102.8 million (3.083 billion…...

The African Reinsurance Corporation (Africa Re) has launched a new index-based livestock insurance (IBLI) product in Nigeria in partnership with…...

According to the monthly economic outlook on Cameroon’s public debt released on July 31, 2025 by the Autonomous Amortization Fund…...

Stanbic Bank, the Kenyan subsidiary of South African group Standard Bank, has increased its interim dividend to 3.80 KSh (about…...

On the African continent, the week of August 4-10 reaffirmed power dynamics. The ruthless hierarchies describe financial markets often lacking…

In the discreet but ruthless world of collective management in Central Africa, the year 2024 confirmed what insiders already knew:…

The Nigerian Stock Exchange (Nigerian Exchange – NGX) closed the week on a positive note, with the All-Share index rising…

After flirting with the skies, crossing the mythical threshold of 12,000 billion CFA francs in market capitalization, the Regional Stock…

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Thanks to a rebound in the price of its eurobonds, Angola recovered 200 million USD of guarantees initially deposited with…...

In charge of the Central African Securities Exchange (BVMAC) since January 2022 after his appointment a few months earlier, Cameroonian…...

In Nigeria, President Bola Tinubu has enacted a comprehensive reform of the insurance sector under the Insurance Industry Reform Act…...

Moody’s Ratings has upgraded the outlook of ASR Re Limited’s Baa1 rating to positive, while maintaining the current rating. This…...

André Wameso officially assumed his duties on August 4, 2025 as the new governor of the Central Bank of Congo…...

In Egypt, the Board of Directors of the Financial Regulatory Authority (FRA) has issued a decision introducing a new solvency…...

Ecobank Transnational Incorporated (ETI) has announced its intention to sell its subsidiary Ecobank Mozambique S.A. (EMZ) to FDH Bank Plc,…...

Kasada, the leading pan-African hotel investment platform, announced on August 6, 2025 the conclusion of a €15 million financing with…

By Junior MBUYI – International financial expert, founder of JPG Consulting Partners While banking rates remain historically low on the…

Following a simultaneous issuance of Treasury assimilable bonds (BAT) of 364 days and Treasury assimilable bonds (OAT) of 3 and…...

Bonn, August 5, 2025 – The United Nations Convention to Combat Desertification (UNCCD) is undergoing a significant change with the…

The Banque nationale d’Algérie (BNA) closed the 2024 fiscal year with a net profit exceeding 48 billion Algerian dinars, or…...

CFAO Mobility Côte d’Ivoire shareholders, specializing in vehicle distribution, will receive a net dividend of 1.450 billion CFA francs (2.611…