Browsing: Finance

Approved on December 16, 2019 by the Central Bank of West African States (BCEAO), the Togolese branch of the Development…

The Central African Financial Market Surveillance Commission (Cosumaf) is stepping up initiatives aimed at strengthening the regulatory framework and cleaning…

The African Development Bank (AfDB) retains its triple AAA with Moody’s, the agency informed in a report from November 2,…...

Chipper Cash, an African cross-border payments company, has raised $ 150 million in a Series C extension round, valuing itself…

Centum Investment Group announced at the end of last week that it is in negotiations to acquire three companies based…

West Africa Rating Agency (WARA) affirmed, at the end of its semi-annual review, the long-term rating in regional currency “tAAA”…

The financial rating agency Bloomfield Investment Corporation has assigned a rating of “A-” to Fidelis Finance-Burkina Faso, a leasing specialist…

Starsight Energy, West Africa’s leading commercial and industrial clean off-grid energy supplier, has become the first renewable energy company in…

Opibus has just completed a fundraising in equity and grants amounting to 7.5 million dollars. The biggest financing ever for…

AfricInvest, leader in pan-African private equity and Tawhid CHTIOUI (photo), entrepreneur in the field of higher education, announce the acquisition…

After a rate of 3.5% in July and August 2021, the inflation rate in the WAEMU stood at 4.3% at…

A year and a half after the outbreak of the health crisis linked to the coronavirus, the Cameroonian banking sector…...

Standard Bank, Africa’s largest bank in terms of assets, has partnered with Flutterwave, Africa’s leading payment technology company, internal group…

Nairobi-based venture capital fund Antler East Africa announced on October 29, 2021 that it had raised 1.6 billion shillings ($…

Patrimoine Africa, a structure based in Abidjan, announced the launch of a bond loan for an internal fund relating to…

The Société de Limonaderie et brasseries d’Afrique (SOLIBRA) posted an after-tax profit of 15.607 billion FCFA (23.411 million euros) at…...

South African microfinance firm Barko announced Thursday, October 28, that it will launch a new digital bank built on Temenos…

The African Import-Export Bank (Afreximbank) will launch a general capital increase operation (GCI) of $ 6.5 billion to finance some…

Boubacar Camara, former Director General of Senegalese Customs, has been appointed Deputy Director General of Customs in Benin. His appointment…

On October 27, 2021, the Togolese government announced that it had adopted a preliminary draft amending finance law, fiscal year…

October 25, 2021 marks a decisive step for Nigeria in the popularization of electronic payments with the launch of e-naira,…

The Bloomfield Investment Corporation rating agency has assigned Coris Holding an A + long-term and A1 short-term rating. In the…

The Union of Workers of Banks, Insurance, Financial Institutions, Microfinance and Commerce of Mali (SYNABEF) has decided to observe a…

An important decision taken on the sidelines of the Board of Directors of the Central African Securities Exchange (BVMAC) meeting…

The Agricultural Bank of Egypt (ABE) and Misr Life Insurance Company signed earlier this week an agreement whereby the bank…

United Bank for Africa (UBA) on Monday, October 25, released its audited quarterly financial results for the quarter ended September…

The Coris Group has taken the decision to suspend the rating process with WARA, the Board of Directors of the…

The United States announced, Monday, October 25, the suspension of financial assistance of 700 million dollars to the Sudanese transition,…

Electronic payments and transactions, over the past five years, have remained on an evolving curve in the countries of the…

The Nigerian bank, First Bank of Nigeria Limited, based in Lagos, announced on Monday, October 25, its partnership with Nigeria…