Browsing: Finance

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…

The Moroccan group OCP announced the success of a bond issue on international markets for a total amount of US…

GDP at current price per capita in WAEMU increased from 675,000 FCFA to 735,000 FCFA (about 1,355 USD) between 2019…

The 2021 Amending Finance Bill (PLFR), reviewed by the Minister’s Council, is based on an increase in the state budget…

Wema Bank Plc wants to help thousands of Nigerian households as well as real estate players access housing. With this…

The managing director of Nsia Bank, Léonce Yacé, affirms that the envelope devoted by his bank to real estate developers…

Abidjan, June 7, 2021 – Adiwale Fund I announces the acquisition of a minority stake in the capital of the…

Guinea-Bissau and Togo present a high risk of external debt distress for total debt, indicates their common central bank (BCEAO)…

The State of Burkina Faso, through its General Directorate of the Treasury and Public Accounts, raised on June 9, 2021…

Absa Bank Limited (Absa), with several subsidiaries in Africa, is committed to providing financing solutions to micro, small and medium…

Kingdom Bank announced on Thursday (June 10th) that it expects to post a pre-tax profit of at least 300 million…

The CEO of AXA Côte d’Ivoire, Roger Boa Johnson, received on Tuesday June 8, 2021, the CEO of the ASCOMA…

The outstanding loans granted by decentralized financial systems (DFS) in Senegal to their customers stood at CFAF 477.271 billion (€…

The State of Côte d’Ivoire, through its e Public Treasury, raised on June 8, 2021, an amount of 66 billion…

Oasis Capital, a fund manager dedicated to SME finance, has invested USD 1 million in appsNmobile Solutions, a payment service…