Browsing: Finance

Organised in partnership with the International Finance Corporation (IFC), the inaugural Africa Financial Industry Summit will be held online this…

Nairobi, 17th February, 2021 – African Guarantee Fund has issued a loan portfolio guarantee amounting to USD 10 million to…

After years of experience in corporate and structured finance, corporate banking and asset management at prestigious institutions such as HSBC…

African Guarantee Fund has issued a loan portfolio guarantee amounting to USD 10 million to Afriland First Bank to support…

Bank ABC of Algeria, a subsidiary of Arab Banking Corporation, proceeded on Tuesday, February 16, with the official inauguration of…

States in the UMOA zone will be able to issue FCFA 3.768 billion (about USD 7 billion) in stimulus bonds…

In fiscal year 2020, the Regional Securities Exchange (BRVM) recorded a volume of transactions of 246 billion FCFA against 136…...

Bitcoin (BTC) crossed the psychological bar of 45,000 dollars (24,323,949.55 CFA Franc) on February 10, 2021, to the chagrin of…

The overall inflation rate stood at 4.3% in January 2021 against 5.4% in December 2020 in Egypt, according to data…

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…