Browsing: Finance

 The African Export-Import Bank (Afreximbank) has made the case for factoring as a viable and sustainable solution to address the…

The Emerging Africa Infrastructure Fund (EAIF) provided a USD 27 million loan to Kikagati Power Company, a Ugandan company specializing…

The Central Bank of Zimbabwe (RBZ) borrowed $ 985 million from pan-African lending institutions in 2018 to cover commodity imports.…

By Pierre Delval, chronicler. On April 15, 2018, in issue 49 of Financial Afrik, I devoted a full column…

Small businesses set up by Africans will receive 50 million rand, or about 3.6 million USD from Spartan SME Finance,…

National Bank of Egypt Vice President Yehia Abul Fotouh announced last week that the bank plans to finance infrastructure projects…

Nigerian company Quantum Capital Partners raised $ 5.5 million for TeamApt, a provider of payment solutions. This funding will allow…

Announced in recent months by the government, the privatization process of the Togolese Banking Union (UTB) and the Togolese Bank…...

The Regional Stock Exchange (BRVM) announces the release (Go Live), in real time, on the Refinitiv platform of Thomson Reuters,…

Launched in February 2017, Outlierz Ventures, the Moroccan-based venture capital fund dedicated to African technology startups, announces the first five…...

Nigerian financial holding company FBN Holdings Plc, the parent company of First Bank, announces that it will list its shares…

The European Bank for Reconstruction and Development (EBRD) will allocate € 5 million in funding to BMCE Bank of Africa.…

The African Development Bank and Sophia University in Japan, have signed a Memorandum of Understanding to promote capacity development within…

Ecobank Transnational Incorporated is preparing to sign today in Lomé, a partnership agreement with the Togolese government on the National…

In South Africa, the insurer Discovery plans to launch its banking business towards the end of May 2019. This step…

The national management of the Central Bank of West African States (BCEAO) announced on February 26, 2019, the state of…

The Heads of State and Government of the Commission for the Sahel region have approved, on 25 February 2019 in…

If 8 companies have applied for membership of the Federation of African National Insurance Companies -FANAF (including East Africa Global…...

By Blaise Kendah The number of policies in a life insurance company is subject to natural erosion such as deaths…

This is the case that shakes right now the Liberia President George Weah (in office since January 2018) and the…...

• With stagflation becoming a reality, exports represent an important source of revenue for the economy, particularly in the automotive…

Ghana’s Cedi (GH ¢) has depreciated against the dollar and the pound sterling over the last two months. The dollar…

A new office was elected at the General Meeting of Investment Service Providers (PSI) whose main mission is to represent…...

The interoperability of electronic payments by telephone will be effective from 31 March 2019 in the Central African Economic and…...

The Attijariwafa bank group has obtained the accreditation of the United Nations Green Climate Fund (GCF), as financial intermediary for…

From now on any customer holding a bank card of the New Bank of Mauritania (NBM) can perform a transfer…

The South African Standard Bank Group Ltd bought the technology platform of the short-term insurance business of South African insurer…

The Arab Bank for Economic Development in Africa (BADEA) and the Regional Bank of Markets (BRM) of Senegal signed on…

The IFC, a subsidiary of the World Bank in charge of the private sector, is the subject of a claim…

Development Partners International (DPI), a London-based private equity firm, has launched its second fund called African Development Partners II for…