Browsing: Banks & Insurance

The African Export-Import Bank (Afreximbank) has been awarded the 2020 Africa-America Institute (AAI) ‘International Institution of Excellence Award’, during the…

New leaks relayed by the International Consortum of Investigative Journalists reveal at least $ 2 trillion in suspicious transactions between…

The new project will be deployed on Oracle Cloud Infrastructure for high-performance computing power to run the bank’s IT workloads…

United Bank for Africa Plc (UBA), the leading pan-African financial services institution, announced the appointments of Rokia Hacko, Chioma Mang, Chinedu…

Fitch Ratings, the global credit rating agency, has affirmed the African Development Bank’s (AfDB) Long-Term Issuer Default Rating (IDR) at…

– Governments and development partners must respond in a more coordinated, targeted, and rapid manner to be effective in limiting impacts…

The African Development Bank has unveiled a strategic roadmap of projects and programmes to assist African countries in tackling the nutrition…

The African Export-Import Bank (Afreximbank) has announced a $3-million grant to complement continental efforts to combat the COVID-19 pandemic. Afreximbank President…

African Development Bank Group President Akinwumi Adesina says an accelerated global health and economic effort is needed to overcome the…

The African Export-Import Bank (Afreximbank) today in Lagos, Nigeria, signed documents to complete the registration of a 300-billion Naira medium-term note…

Dossongui Koné, boss of Atlantic Finance and Simon Tiemtoré, CEO of Vista bank in a tight duel for the takeover…

With a view to defining the strategic orientations of its future 2021-2025 business plan and preparing its initial public offering…

According to our sources, the president of the Senegal Oil and Gas Risks Insurance Pool, Majdi Yassine, informed the Senegalese…

The African Export-Import Bank (Afreximbank) has already disbursed $15 billion of the $25 billion it committed in support of intra-African…

The Central Bank of Egypt (CBE) announced on Wednesday (September 4th) a net currency reserve increase of 52.1 million USD…

As of August 20, many Nigerian insurance companies have complied with the deadline set by the National Insurance Commission (NAICOM)…

Sanlam Kenya posted net profit of 639.7 million shillings (about 6.2 million USD) for the first half of 2019, after…

Salim Insurance announced a turnover of 65.223 million Tunisian dinars (nearly 23 million USD) at June 30, 2019, up 11%…

Reinsurer Waica Re (Sierra Leone-based West African Insurance Companies Association) announced at a general meeting that it has established a…

Prime Bank, Bank of Kenya reported net profit of 1.25 billion shillings (approximately $ 12.5 million) in the first half…

BMCE Bank Of Africa has succeeded the first phase of its capital increase operation, made necessary following the implementation of…

Industrial production in the West African Economic and Monetary Union (UEMOA) rose by 4.3% at the end of 2018, according…

The management indicators of Bank Of Africa (BOA) Côte d’Ivoire, a subsidiary of the banking group of the same name,…

The Bank of Tunisia (BT) recorded, according to the interim financial statements as of June 30, 2019, a net banking…

Zenith Bank Plc recorded an increase in its key financial indicators for the first half of 2019 ended June 30th.…

Kenya’s Ministry of Finance has cleared the National Industrial Credit Bank (NIC) and the Commercial Bank of Africa Limited (CBA)…

The shareholders of Assurances Salim approved, at an extraordinary general meeting held on August 8, 2019, the proposed change of…

The Tunisian-Kuwaiti Bank (BTK) raised 7 million dinars (about 2.45 million USD) in the market via a non-public bond bond…

On August 8, the South African group Standard Bank Limited (SBG, Ba1 Stable) announced that it would exercise a put…

By Pierre DELVAL. For the past decade, banks in many countries have demonstrated a better understanding of key aspects of…