Browsing: Finance

Benin completes Africa’s first international bond transaction of the year, with the issuance of one billion euros in two tranches…

After a positive overall balance of CFAF 284.6 billion (€ 426.900 million) in 2018, Côte d’Ivoire’s balance of external payments…

Global Credit Rating Company Limited (GCR Ratings) is very pleased to announce the acquisition of a 65% shareholding in West…

Treasury Bills brought in 551.3 billion FC (275.650 million dollars on the domestic financial market out of 566.8 billion FC…

Amsterdam, 4 January 2021.  FCI along with Afreximbank announce the appointment of Mr. Nassourou Aminou as the new Regional Manager…

The credit rating agency, Wara, affirms Coris Bank International (CBI) ‘s investment category rating with “BBB +” in the long…

The Central Bank of Nigeria (CBN) announced on December 24, 2020 that it had withdrawn the licenses of eight payment…

The leading pan-African banking group, Ecobank, on December 22 launched an e-commerce solution for African micro, small and medium enterprises…

After the acquisition of the Commercial Bank of Congo (BCDC), the banking group Equity Bank saw its total balance sheet…

After seeing their rating plummet to “BB-”, impacted by South Africa’s “BB” sovereign rating from “BB-” in November, five South…

Headline inflation fell to 3.7% in November 2020 in Uganda, according to data from Bank of Uganda (BoU), the central…

The fear of a disappointing tomorrow has not disturbed cryptocurrencies too much. Thus, bitcoin, ethereum and XRP combined to reach…

The inflation rate of the West African Economic and Monetary Union (UEMOA) countries increased by 0.5 percentage point, year-on-year, at…

The gold cash of the Central Bank of Tunisia (BCT) increased by 89.241 million dinars (27.043 million euros) on November…

AM Best confirmed the excellent “A” financial strength rating and long-term credit rating of the issuer “A” of the reinsurance…

The State of Côte d’Ivoire via its public treasury will proceed on December 28, 2020 to the payment of the…

In DR Congo, 15 billion FC (7.5 million USD) are expected Tuesday, December 15, 2020, from the auction of three-month…

Guinea Bissau will receive funding of $ 12 million from the African Development Bank (AfDB) intended to support the economic…

Adopted on May 20, 2020 by the council of ministers of the French government, the bill on the reform of…

After successive increases recorded since May 2020, the business climate indicator in the countries of the West African Economic and…

French Sanofi announced on Friday a delay in the development program for its COVID-19 vaccine developed with the British GlaxoSmithKline…

Airbnb’s IPO has kept its promises on Wall Street. The hosting services giant’s share that went public on Thursday (Dec.…

The French Development Agency (AFD) has granted 715.6 million euros ($ 866.6 million) in funding to Egypt, the Egyptian Ministry…

Pan-African reinsurer Continental Re has announced the appointment of Ogadi Onwuaduegbo as regional director, Anglophone West Africa. His appointment will…

BGFIBank is the first bank in the DRC and one of the few in sub-Saharan Africa to obtain AML 30000®…

Fidelity Bank Plc has launched an operation to raise 75 billion naira ($ 196 million) in local currency to support…

The West African Development Bank (BOAD), will proceed on December 26, 2020 to the payment of annual interest and the…

Tunisia’s food balance deficit declined sharply by 50.9% during the first nine months of 2020 compared to its level in…

Egyptian bank Banque Misr (BM) has been assigned a “B +” rating from Fitch Ratings due to the Egyptian authorities’…

The State of Benin, through its General Directorate of Treasury and Public Accounts, raised on December 2, 2020 on the…