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Browsing: Finance
avigate the dynamic African finance landscape with Financial Afrik’s Finance section. Stay updated on market trends and economic analyses
BADEA and FAO formalized their long-standing partnership by signing a Memorandum of Understanding on the sidelines of the “High Level…
The Sanlam Group is strengthening its stake in Saham Assurance Maroc, increasing it from 61.7% to 84.5% of the share…
At the Berkshire Hathaway fund’s general meeting held on Saturday, May 1, attention was no more focused on the first…
The board of directors of Tunisie Leasing & Factoring on Friday April 30 appointed Ahmed El Karm as chairman of…
Kenyan insurer Britam Holdings has decided to make further acquisitions in Africa as part of its growth strategy, internal sources…
The sanction of the Central Bank of Nigeria (CBN) was not long in coming. The authority on Thursday (April 29)…
Following the closing of the accounts for the 2020 financial year of the pan-African banking group Oragroup during its Board…
A new era is opening for the Inter-African Conference on Insurance Markets (CIMA) with the entry into office of the…
After the worst economic downturn on record, with an estimated 1.9% contraction in 2020, sub-Saharan Africa is set to lag…
AZA Finance’s merger with South African fintech Exchange4Free aims to double the volume of annual transactions to more than $…
ABIDJAN, Côte d’Ivoire, 29th April 2021 – Adenia, a private markets investment firm in Africa, today announced that it has finalized the…
The State of Burkina Faso, through its General Directorate of the Treasury and Public Accounts, raised on April 28, 2021…
Saham Angola Seguros insurance company has completed its transformation to operate under the South African group Sanlam brand. The transaction…
Absa bank launched its contactless payment service via QR Code on its mobile application. This initiative is part of a…
Moroccan banking group Bank of Africa has signed a partnership contract with financial software developer Finastra to digitize business processes.…
The leading cryptocurrency trading platform, CryptoLocally, recently announced that it has acquired Finance Bridge Academy, Africa’s fastest growing online trading…
Nigerian pension fund manager AXA Mansard Pensions Limited announced its new corporate identity on Monday (April 26th). The organization, which…
West Africa Rating Agency (WARA) affirmed, on April 20, 2021, at the end of its second semi-annual review, the long-term…
The after-tax profit of Société Ivoirienne de Banque (SIB), a subsidiary of the Moroccan banking group Attijariwafa Bank, recorded at…
The State of Senegal, through its General Directorate of Public Accounts and the Treasury raised on April 23, 2021 on…
On March 15, 2021, Outsource Monetic ™, an Atlanta GA-based startup, officially began commercial and technical operations in West and…
The financial holding company BGFIBank is at the head of a banking pool for the sale of the receivables of…
The net banking income (NBI) of Attijari Bank of Tunisia recorded a slight increase of 3.31% at the end of…
After receiving the necessary regulatory approvals, First Abu Dhabi Bank (FAB), led by its CEO, Hana Al Rostamani, announced that…...
(1 dollar = 42.78 Birr). The National Bank of Ethiopia (NBE) now requires new banks to have capital of Birr…...
The Gabonese president pleaded for Africa during his speech on April 22, 2021 at the Leaders Climate Summit organized by…
Côte d’Ivoire’s EDC Asset Management (EAM) file has not finished revealing its secrets. Two and a half months after Financial…...
Credit rating agency Moody’s said Moroccan banks’ profitability was put under pressure in 2020 due to several factors. These are…
The new EquityBCDC bank, a subsidiary of Equity Group Holdings Plc of Kenya in the Democratic Republic of Congo (DRC),…
AXA Mansard Insurance Plc, the Nigerian subsidiary of the AXA group, announced this week that it achieved audited after-tax profit…
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Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
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