Browsing: Finance

From now on any customer holding a bank card of the New Bank of Mauritania (NBM) can perform a transfer…

The South African Standard Bank Group Ltd bought the technology platform of the short-term insurance business of South African insurer…

The Arab Bank for Economic Development in Africa (BADEA) and the Regional Bank of Markets (BRM) of Senegal signed on…

The IFC, a subsidiary of the World Bank in charge of the private sector, is the subject of a claim…

Development Partners International (DPI), a London-based private equity firm, has launched its second fund called African Development Partners II for…

Foreign currency deposits in Nigerian commercial banks reached 5,542 billion naira, equivalent to 15.3 billion USD at the end of…

The Managing Director of the Casablanca Stock Exchange set the bar high in 2016 when he planned to attract 70…...

The 2018 vintage will not remain exceptional in Saham Assurance’s accounts. The company recorded a net profit down 8.5% to…

By Eric Maniable * We propose a little soap opera on the theme of the redemption rate curve. This first…

The flagship value of the Regional Stock Exchange, Sonatel presented its results for fiscal year 2018. Thus, the consolidated turnover…...

Meeting on 14 February 2019, the Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided to reduce…

Recently introduced on the Casablanca Stock Exchange, Mutandis closed the year 2018 with a 40% increase in its net profit…...

 The African Export-Import Bank (Afreximbank) has upgraded its compliance function to a full department, naming long-serving banker Maureen Mba as Director.…

The Cameroonian subsidiary of the French group Société Générale has seen a sharp increase in net banking income (GNP) in…...

Ivory Coast has retained 33,002 billion FCFA on the financial market of the West African Economic and Monetary Union (UEMOA)…

The African Export-Import Bank (Afreximbank) has appointed Humphrey Nwugo as Regional Chief Operating Officer for its Harare-based Southern Africa Regional…

Financial Afrik met with Citi’s CEO for the Middle East and Africa. In this role since 2015, Atiq Rehman outlines…

Ivory Coast will seek to mobilize, this year, 1,429 billion FCFA on the capital markets according to an announcement made…

Bank of Tanzania (BoT), the central bank of the East African country is forecasting a 0.1% rise in economic growth…

By Abdoulaye Sow Investors & Partners (I & P) completed the intermediate closing of I & P Afrique Entrepreneurs 2…

According to the Treasury and Public Accounting Department of Côte d’Ivoire, the country’s banking sector recorded a balance sheet total…

By Amath Ndiaye, Senior Lecturer, University Cheikh Anta Diop of Dakar. The debate on the CFA arouses a lot of…

The volume of premiums issued in life and non-life is down slightly for Africa (1.3%) over the period 2013 to…...

South Africa’s insurer and financial services group, Sanlam, has announced the complete resumption of the Rwandan insurance companies Soras Assurance…...

In a statement released on Monday, Egyptian Finance Minister Mohamed Moeit outlined his department’s strategy to reduce the debt-to-GDP ratio…

At the end of the first half of 2018, the Gabonese reinsurer saw a decrease of 2.56% of the turnover…...

Ivory Coast lifted Monday, a total of 47.27 billion FCFA in the regional market of the West African Economic and…

Agri-Vie Fund II has acquired a 36.5% stake in Jumbo Brands, an agribusiness firm in South Africa. Indeed, the investment…

French bank Société Générale has announced its goal of increasing its market share in its Ghana operations to 7%. “We…

Economist and banker Cheickna Bounajim Cisse has just published “FCFA – Hidden Face of African Finance” (Ed BoD, 2019). The…