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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
Bitcoin (BTC) continues its momentum, quoting at $ 42,848, or 23.5 million CFA Francs or 383,018 dirhams while the boss…
After the 79.800 billion FCFA (119.700 million euros) raised in the financial market of the West African Monetary Union (WAMU)…
Following the revaluation of PALMCI’s ratings, the Bloomfield Investment Corporation Rating Committee decided to maintain the A rating (investment rating)…
Ecobank Côte d’Ivoire is in turmoil over its Asset management subsidiary. Directed until recently by Mike Coffi, Ecobank Asset Management…...
Seven South African banks are included in the ranking of the 500 best institutions in the world recently published by…
The rating agency Fitch Ratings has confirmed the default rating of the long-term issuer (IDR) of Mauritius’ largest bank, Mauritius…
The Federation of Insurance Companies under African National Law (FANAF) announces the postponement of the 45th General Assembly due to…
Insurance group Britam Holdings has appointed Mohamed Said Karama as interim Chairman of the Board of Directors (PCA) to replace…
“We expect the asset quality of North African and Jordanian banks to deteriorate in 2021 once the regulatory suspension measures…
Abidjan, Côte d’Ivoire 01 February 2021 – Ratings agency S&P Global has affirmed its “AAA/A-1+” foreign currency issuer credit rating…
The African Import-Export Bank (Afreximbank) disbursed $ 250 million of the $ 1.1 billion that supported the acquisition by Trans…
Farewell Royal Kaïlcedrat of Ebrié Michel Abrogoua is no more. A pioneer of private equity in Africa, the Boss of…
The Ecobank group announced in a statement released on the Nigerian Stock Exchange that its local subsidiary has obtained a…
The net banking income (GNP) of the National Agricultural Bank (BNA) of Tunisia recorded at the end of the 2020…
The DR Congo government expects 20 billion CDF (10 million USD) from the auction of three-month Treasury bills, scheduled for…
South African bank African Bank announced Monday, January 25, that its chief executive, Basani Maluleke, has resigned from the group…
By decision No. 230/2020 / CREPMF dated December 16, 2020, the Regional Council for Public Savings and Financial Markets (CREPMF)…
The turnover of the banking sector in the Democratic Republic of the Congo was 10 billion 406.5 million USD in…
The risk of money laundering and terrorist financing is high in Cameroon. According to the National Financial Investigation Agency (ANIF),…
Long paralyzed by the Joe Biden program to cancel the tax incentives put in place by his predecessor, Wall Street…
The government of Togo aims to set up a digital bank to offer digital financial services. This, within the framework…
The State of Côte d’Ivoire, through its General Directorate of the Treasury and Public Accounts, raised on January 19, 2021…
Jack Ma appeared in public at a rally held Wednesday, January 20 with teachers in his hometown of Hangzhou. With…
The Banque Populaire Foundation took part, on January 18, 2021 in partnership with the Regional Academy of Education and Training…
CDC Group, the UK’s development finance institution and impact investor, has announced a USD 100 million debt commitment to the…
Shaken by the coronavirus crisis, the Kenyan insurance sector performed poorly in the second quarter of 2020. According to the…
Lebanese bank BLOM Bank announced on Sunday (January 17th) that it had sold its 99.4% stake in its Egyptian subsidiary…
The Sunu Assurance group has initiated a process to take over the subsidiary of the Allianz group in Congo-Brazzaville. The…
The business climate in Senegal recorded a slight drop of 0.4 point at the end of November 2020 compared to…
Phew of relief for the insurance companies of the Inter-African Conference on Insurance Markets. The passage of the minimum capital…
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
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