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Monday, August 31

Browsing: Finance

avigate the dynamic African finance landscape with Financial Afrik’s Finance section. Stay updated on market trends and economic analyses

Three steps for Africa to combat climate change

Climate Finance 12 May, 2022

Amethis, the EBRD and SPE Capital acquire GlobalCorp, a leading non-bank financial services player in Egypt

Featured 10 May, 2022

Lake Chad Basin: Going Beyond Military and Shortermist Development Diplomacy to Fix Water-Livelihood Stress

Climate Finance 24 April, 2022

Finnfund invests in to foster sustainable cashew production in Côte d’Ivoire

Featured 15 April, 2022

Interview with Admassu Tadesse, President Emeritus and Managing Director of TDB Group

Finance 4 April, 2022

The African Development Bank Group approves a borrowing policy to strengthen debt sustainability in low-income countries

Bank 10 March, 2022

The Board of Directors of the African Development Bank Group has approved a new policy that aims to strengthen debt…

Tunisie: Axxis Systems selected for the overhaul of the BH Assurance information system

Finance 7 March, 2022

BH Assurance, an insurance company operating in Tunisia, signed, on March 2, 2022, a technological partnership agreement with Axxis Systems,…...

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Egypt: Islamic banking services are gaining ground

Bank 7 March, 2022

The volume of Islamic banking services in Egypt stood at around 429 billion Egyptian pounds EGP (more than 27 billion…...

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Irrational exuberance on Ecobank TI stock at BRVM

Featured 7 March, 2022

Since December 20, the share price of Ecobank Transnational Incorporated (ETI) on the Regional Stock Exchange (BRVM) of the West…

Gabon: SCG-Ré announces its introduction to BVMAC

Finance 4 March, 2022

The Gabonese Reinsurance Company (SCG-Ré) will be listed on the Central African Stock Exchange (BVMAC) in 2022 in accordance with…...

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DRC: the State raises 17.5 million USD on the financial market

Finance 3 March, 2022

In the Democratic Republic of Congo, the treasury bonds launched on March 1, 2022 by the government on the local…...

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Covid-19: the IDB at the bedside of Azerbaijani companies

Bank 3 March, 2022

The Islamic Development Bank (IDB) Group, through the Islamic Corporation for Private Sector Development (IDC), has signed a USD 10…...

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In WAEMU, inflation peaked at 6.5% in January 2022

Finance 3 March, 2022

Inflation continues to panic the counters in the Uemoa zone. Its rate fell from 6% in December 2021 to 6.5%…...

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“The CIMA is undoubtedly a brilliant success of regional cooperation”

Featured 3 March, 2022

On the eve of the meeting of African insurers, the Secretary General of CIMA, Blaise Abel EZO’O ENGOLO talks about…

Nigeria: Zenith Bank records record profit of $587 million in 2021

Bank 1 March, 2022

Zenith Bank plc posted double-digit growth of 10% in gross profit for the year ended December 31, 2021 to N765.6…...

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Mali: INPS has an increased budget compared to 2021

Finance 1 March, 2022

Meeting on Monday, February 28, the board of directors of the National Institute of Social Welfare (INPS) adopted a 2022…...

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Africa Currency Weekly (with AZA)

Bank 28 February, 2022

The war in Ukraine weighs on African currencies. Naira jostled by port chaos. The CEDI is losing ground against the…

In Abidjan, the BRVM launches the listing of the FTC Teyliom Immo loan

Featured 28 February, 2022

The Regional Stock Exchange (BRVM) hosted on February 28, 2022, the listing ceremony of the bond loan “FTC Teyliom Immo…...

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Nigeria: how the Russian-Ukrainian war worries the first African economy

Finance 28 February, 2022

The Russian-Ukrainian war, which began on February 24, 2022 with the Russian invasion of Ukraine, does not only have an…...

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CREPMF finalizes the regulatory framework for Islamic finance

Leaders 25 February, 2022

The actors of the regional financial market were in Lomé, Thursday, February 24, for a workshop organized by the Regional…...

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AgDevCo raises USD 90 million for the benefit of African agribusiness

Finance 24 February, 2022

AgDevCo has raised USD 90 million from the UK Development Finance Institution (CDC), Norwegian fund Nordfund and the International Development…...

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Kenya launches national payments strategy

Bank 23 February, 2022

The Central Bank of Kenya (CBK) launched this Wednesday, February 23, the National Payments Strategy at an event that brought…...

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Canza Finance Raises $3.27M in Seed Funding

Finance 23 February, 2022

Canza Finance, an emerging markets neobank, successfully raised $3.27 million in seed funding. The fundraising was led by Fenbushi Capital,…...

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Senegal: Reduction of 35 billion FCFA in the trade deficit in December 2021

Finance 23 February, 2022

Senegal’s trade balance deficit narrowed by 35 billion FCFA (52.5 million euros), on a monthly basis during the month of…...

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Cameroonian Michel Ewané elected to the board of directors of Joseph Sassoon Group

Finance 23 February, 2022

Cameroonian journalist Michel Lobé Ewané has been appointed to the board of directors of Joseph Sassoon Group, an international financial…...

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Uganda: the central bank maintains its rate at 6.5%

Bank 23 February, 2022

Bank of Uganda (BoU), Uganda’s central bank, kept its key rate at 6.5% this month, with the aim of containing…...

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Egypt: Commercial International Bank announces a profit of around 845 million USD for 2021

Bank 23 February, 2022

Commercial International Bank’s consolidated net profit for the full year 2021 was approximately EGP 13.3 billion (approximately USD 845 million),…...

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Kenyan startup MarketForce raises USD 40 million for its expansion in Africa

Finance 22 February, 2022

Kenyan startup MarketForce, a B2B platform for the retail distribution of consumer goods and digital financial services, announced Tuesday (February…...

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Citigroup interested in commercial banking services in Africa

Bank 22 February, 2022

The American bank Citigroup will launch its commercial banking services in South Africa, Nigeria, Kenya and Egypt due to the…...

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Rwanda: Central bank announces 10.2% growth in 2021

Finance 21 February, 2022

The updated data confirms that the Rwandan economy has maintained a recovery trajectory towards achieving the projected annual growth of…...

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About us

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….

Contact us: redaction@financialafrik.com