Browsing: Finance

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…

Wall Street’s Volatility Index (VIX) has returned to its February level, before the coronavirus disease was declared a global pandemic…

The inflation rate stood at 3.4% in October 2020 in WAEMU countries, according to data from the BCEAO. This is…

Ivory Coast: NSIA Bank opens a 30.5 million euro financing line for SMEs Ivorian small and medium-sized enterprises (SMEs) can…

After announcing last week that it will acquire two banks in Rwanda and Tanzania, the Kenyan banking group KCB Groupe…

The gross reserves of the CEMAC banking system (made up of free reserves and mandatory reserves) increased from 2,431.7 billion…

Despite a difficult coronavirus context, the main indicators of the CIH Bank group showed green during the first 9 months…

The UMOA-Titres Agency announced on November 30, 2020, that the Treasury of Côte d’Ivoire has decided to postpone until December…

The Algerian insurance company, Alliance Assurances, launched a new insurance product exclusively reserved for startups in the country. This offer…

In the second quarter of 2020, the average number of salaried employees receiving remuneration from their employer in the modern…

After downgrading South Africa’s sovereign rating from “BB” to “BB-” on November 20, Fitch has just downgraded the long-term issuer…

In DR Congo, the auction of treasury bills scheduled for Tuesday, December 1, 2020 is worth 15 billion FC…

The Kenyan banking group, KCB GROUP PLC, has signed an agreement with the financial services company Atlas Mara Limited, listed…

The BGFIBank Group is strengthening the digitization of its services with the opening of fully mobile bank accounts. The service…

Central Africa’s financial market, a sleeping giant, is no less resilient. Far from the major financial highways, this market formed…

The Central Bank of the People’s Republic of China will be one of the very first in the world to…

Access Bank Plc achieved 16% growth in profit after tax (PAT) to 102.3 billion naira ($ 270 million) for the…

In DR Congo, the agents and executives of the International Bank for Africa in Congo (BIAC) whose Council of State…

Considered now, as the first African country to be in default, Zambia continues to see its local currency (kwacha) depreciated…

Tunisian banks will face a sharp rise in credit losses over the next 12 months as borrowers’ debt service capacity…

The State of Senegal will proceed on November 25, 2020 to the payment of half-yearly interest and to the partial…

The International Bank for Trade and Industry of Côte d’Ivoire (BICICI), a subsidiary of the French banking group BNP Paribas,…

The speculative fund “Black Swan” Universa Investments is, as its name suggests, specialized in the improbable shocks of the black…

Nigerian fintech start-up Kuda has closed a $ 10 million seed funding round to accelerate its growth and meet customer…