Browsing: Banks & Insurance

Approved on December 16, 2019 by the Central Bank of West African States (BCEAO), the Togolese branch of the Development…

Standard Bank, Africa’s largest bank in terms of assets, has partnered with Flutterwave, Africa’s leading payment technology company, internal group…

South African microfinance firm Barko announced Thursday, October 28, that it will launch a new digital bank built on Temenos…

October 25, 2021 marks a decisive step for Nigeria in the popularization of electronic payments with the launch of e-naira,…

The Union of Workers of Banks, Insurance, Financial Institutions, Microfinance and Commerce of Mali (SYNABEF) has decided to observe a…

The Agricultural Bank of Egypt (ABE) and Misr Life Insurance Company signed earlier this week an agreement whereby the bank…

United Bank for Africa (UBA) on Monday, October 25, released its audited quarterly financial results for the quarter ended September…

The Nigerian bank, First Bank of Nigeria Limited, based in Lagos, announced on Monday, October 25, its partnership with Nigeria…

Originally scheduled for October 1, the launch of the e-Naira, the electronic version of the Nigerian currency, is scheduled for…

By Albert Savana. It is a velvet revolution that the Central Bank of Morocco (Bank Al-Maghrib) is pushing by adopting…

The participation of savings and credit institutions under the jurisdiction of the Central African Banking Commission (COBAC) will be increasingly…

The Co-operative Bank’s net profit was 7.4 billion shillings (68 million USD) in the first half of 2021, an increase…

The difficulties for companies to access bank financing, generally because they do not offer guarantees, have increased with the outbreak…

Negotiations have accelerated in recent weeks in Lomé, the Togolese capital, and resulted in the government announcing the sale of…

Absa Group Limited, a financial services group, released its financial results for the first half of 2021 on Monday (August…

Equitel, a mobile network operator in Kenya, rolled out its fourth generation (4G) network on August 12, 2021. This initiative…

The Arab Banking Corporation (Bank ABC) announced on Thursday August 12 that it had completed the acquisition of 99.5% of…

Sanlam and MTN Group announced Thursday, August 12, that they have entered into a strategic partnership to develop Insurtech in…

The Togolese government announced this Wednesday, August 11, that it had adopted a draft decree setting the terms and the…

CIC Insurance Group Plc, a Kenyan insurance group, recently published its financial results for the first half of 2021. After…

South African banking group Nedbank released its financial results for the first half of 2021 on Wednesday (August 11th), reflecting…

Stanbic Bank Uganda Limited, a Ugandan commercial bank, performed well in the first half of 2021 despite the severity of…

The International Finance Corporation (IFC), a member of the World Bank Group, together with Commercial International Bank – Egypt (CIB),…

Investec, an Anglo-South African banking group, announced on Wednesday (August 4th) that it had launched a new banking product aimed…

From 205.38 billion FCFA in 2019, the total balance sheet of Coris Bank Togo rose to 309.92 billion in 2020,…

Mauritius Commercial Bank (MCB) and Bank of Kigali signed on July 26, 2021, a loan facility of $ 20 million…

The Asset Management Corporation of Nigerian (AMCON) announced on Tuesday July 27 that it had acquired Nicon Insurance Limited and…

At the end of the first half of 2021, BH Bank recorded a 22% increase in its net banking income…

Amen Bank, Tunisia’s second private bank, published its financial results at the end of the first half of 2021. It…

Rwandan authorities have approved the KCB group’s deal for the takeover of Banque Populaire du Rwanda (BPR) from London-listed financial…