Browsing: Finance

The works of the second annual ordinary session of the council of ministers of the West African Economic and Monetary…

The United Bank for Africa (UBA) banking group, following its semi-annual review held at its global headquarters in Lagos, announced…...

Abidjan is hosting, since Thursday, July 10, a high-level workshop focused on mastering the complete cycle of green, social, and…...

The Middle East and Africa (MEA) are among the most dynamic emerging markets in the insurance sector in 2024, according…...

The Congolese Treasury intends to raise a total of 70 million FCFA (121 million USD) on the public securities market…...

Since its creation on April 20, 2009, the Deposit Guarantee Fund in Central Africa (Fogadac) had been in hibernation until…...

In his circular letter concerning the preparation and elaboration of the budget bill for the year 2026, signed on July…...

The Nigerian insurance market experienced strong growth in 2024, with gross written premiums (GWP) reaching 1.56 trillion nairas (approximately 1.02…...

The Federal Government of Nigeria has secured a syndicated loan of USD 747 million, coordinated by Deutsche Bank, to finance…...

Ecobank Transnational Incorporated (ETI) has launched a private placement of $250 million in conditional convertible bonds over a period of…

The State of Senegal will proceed on July 26, 2025 to the payment of semi-annual profits and partial repayment of…...

Sustainably mobilizing internal financial resources to finance priority public investments is one of the objectives put forward by the government…...

In Morocco, the insurance sector continued its positive momentum in 2024, with a total turnover increasing by 5.1%, reaching 58.8…...

Following an indicative term sheet (a non-binding document that is the first formal step in negotiating a transaction) with the…...

Between 2014 and 2024, in Cameroon, the General Directorate of Taxes (DGI) recorded 320,000 new taxpayers, with the related figures…...

The Egyptian Insurers Federation (IFE) is considering launching new car insurance products based on the actual use of vehicles, such…...

Peter Ndegwa, CEO of Safaricom, tops the list of highest-paid executives at the Nairobi Stock Exchange (NSE), with an estimated…

The African insurance sector has recorded nearly 100 bankruptcies of insurers and reinsurers in the past 25 years, reveals the…...

Guaranty Trust Holding Company (GTCO), Nigeria’s leading financial institution in terms of market capitalization, reached a historic milestone on Wednesday,…...

The China Development Bank (CDB) has granted a loan of 2.1 billion yuan (292.5 million USD) to the Southern African…...

Old Mutual Life Assurance Kenya (OMLAK) has appointed Martin Karenju as Chief Executive Officer and Managing Director, effective July 1,…...

In June 2025, the inflation rate in Tunisia remained stable at 5.4%, according to data from the National Institute of…...

The year 2024 confirms the transformation of the global insurance landscape. According to GlobalData, the 20 largest listed insurers in…...

Global Credit Ratings (GCR) has confirmed and upgraded several ratings of Shelter Afrique Development Bank (ShafDB), both internationally and nationally,…...

On Monday, July 7, 2025, the Federation of African National Insurance Companies (FANAF) opened its international seminar on the digitalization…

BGFI Bank Côte d’Ivoire and SAAR Assurances Côte d’Ivoire have just concluded a strategic partnership, sealed on July 4, 2025…

Africa Specialty Risks (ASR), a pan-African provider of insurance and reinsurance solutions, has entered into a strategic partnership with the…...

In a press release issued on July 7, 2025, the International Monetary Fund (IMF) announced that, with the Cameroonian authorities,…...

The Algerian insurance market generated a total volume of premiums of 56.9 billion Algerian dinars (approximately 439 million dollars) in…...

According to data from the Central Bank of Nigeria (CBN), the naira, the national currency, recorded a slight appreciation of…...