Browsing: Finance

The International Bank for Industry and Commerce of Benin (BIIC), now listed on the BRVM under the symbol BICB, continues…

ounded in 2013, Financial Afrik is a bilingual, pan-African media platform delivering trusted news, expert analysis, and strategic insights on finance, banking, capital markets, and public policy across the continent. Certified by the Journalism Trust Initiative (JTI), Financial Afrik publishes real-time articles through its website, a daily newsletter for decision-makers, a monthly magazine with deep dives, and mobile apps dedicated to news and events. Its readership spans financial executives, investors, policymakers, and researchers seeking high-quality, independent reporting on African economies.

The Moroccan economy recorded a robust growth of 4.8% in the first quarter of 2025, compared to 3% in the…...

Absa Mauritius, a Mauritian subsidiary of the South African group Absa, plans to increase its green financing to 30 billion…...

An exit that illustrates the limits of some listed SMEs… Abidjan, June 26, 2025 – The logistics company Movis Côte…

The Federation of African National Insurance Companies (FANAF) is preparing for a major deadline. In February 2026, at its 50th…

The Congolese Senate approved, on Wednesday, June 25, 2025, during a plenary session in Brazzaville, the ratification of a new…...

By enacting four major tax laws on June 25, 2025, Nigerian President Bola Tinubu is leading the country in a…...

The State of Senegal, through its Public Treasury, raised an amount of 225.5 billion CFA francs (406 million dollars) on…

Libreville, June 27, 2025 – BGFI Holding Corporation, the parent company of the pan-African banking group BGFIBank, is preparing to…

Al Ahly Pharos, the investment banking arm of the National Bank of Egypt (NBE), announced its collaboration with Arab African…...

Kenyan start-up Peach Cars has raised $11 million in a Series A funding round led by Suzuki Global Ventures (SGV),…...

On the eve of the formal General Meetings of the African Export-Import Bank (Afreximbank), scheduled for June 28 in Abuja,…

The Zambian economy grew by 4.5% in the first quarter of 2025, up 2.3 points from the same period last…...

AXIAN Telecom, the pan-African telecommunications giant, has reached a new strategic milestone with the successful issuance of a $600 million…...

The pan-African banking group Ecobank Transnational Incorporated (ETI) has launched a $250 million fundraising through the issuance of additional Tier…...

Russian President Vladimir Putin gave his approval on Tuesday, June 24, to the agreement allowing Egypt to repay in rubles…...

The Central Depository/Clearing Bank (DC/BR) of the West African Monetary Union (UMOA) gathered economic press actors in Abidjan on Wednesday,…

The government of the Democratic Republic of Congo (DRC) raised $55.107 million, according to the results of an auction held…...

The Central Bank of West African States (BCEAO) updated its official list of approved payment institutions in the UMOA area…

The Ghanaian Parliament approved on Tuesday, June 24, 2025, a $2.8 billion debt restructuring agreement with a group of 25…...

South Africa attracted 11.7 billion rand (approximately $661.5 million) in foreign direct investments (FDI) in the first quarter of 2025,…...

Equity Group Holdings shareholders have given their approval for the opening of a representative office in the United Arab Emirates…...

The Central Depository/Clearing Bank (DC/BR) of the West African Economic and Monetary Union (WAEMU) gathered economic press actors in Abidjan…...

Egypt has relaunched its sovereign sukuk issuance program on international markets with a new $1 billion operation, the Ministry of…...

The Africa Finance Corporation (AFC) announced on Tuesday, June 24, the official entry of the Republic of Angola into its…

During its second quarterly meeting of the year 2025, held on Tuesday, June 24, the Council of Bank Al-Maghrib (BAM)…...

The Shelter Afrique Development Bank (ShafDB) has signed a $15 million loan agreement with the Mauritanian Investment Bank (BMI) to…...

TIB Development Bank, a government-owned development bank in Tanzania, has secured a concessional loan of 30 billion Tanzanian shillings (11…...

The revenue and donations of the general budget mobilized by the State of Senegal as of March 31, 2025 amounted…...