Browsing: Finance

The African Export-Import Bank (Afreximbank) has released its abridged audited financial statements for the year ended 31 December 2018, showing strong financial…

Africa Re, a pan-African reinsurance company based in Nigeria, has signed an agreement with the International Finance Corporation (IFC), a…

The Moroccan Bank for Commerce and Industry (BMCI) presented, Wednesday, March 27, its financial statement for the year 2018 and…

Equity Bank, a Kenyan banking group, announced Tuesday, March 26, a pre-tax profit of 28.5 billion shillings, the equivalent of…

The digital revolution is one of the keys to inclusive growth and job creation in Africa The latest edition of…

In a report released on March 16, 2019, the African Venture Capital and Venture Capital Association (AVCA) reports that private…

Fitch Ratings has assigned Togo-based bank holding company Ecobank Transnational Incorporated’s (ETI) upcoming five-year senior unsecured notes issue of up…

USD 800,000,000 or more Dual Tranche Syndicated Term Loan Facility Tuesday, 2nd April 2019, on behalf of The Mauritius Commercial Bank…

The Chief Executive Officer of the Attijariwafa Bank Group addressed the closing ceremony of the Africa Development Forum on 15…

On March 8, 2019, S & P Global Ratings confirmed the long-term foreign currency notes “B-” and short-term foreign exchange…

The Financial Market Council (CMF) on Thursday (March 14th) ordered the suspension of the listing of the shares of Attijari…

If there is one topic that dominated the debates on March 14, 2019 on the first day of the Africa…

Bank Al-Maghrib (BAM) and the Dubai Financial Services Authority (DFSA) have signed a memorandum of understanding to collaborate in the…

Benin is preparing for the launch of a bond issue on the international debt market. The operation will be, for…

Morocco’s Central Bank signed a Memorandum of Understanding with the Financial Services Authority of Dubai on Wednesday (March 13th) for…

The Nigerian start-up company Jumia, which specializes in e-commerce, will soon become the first African start-up to be listed on…

The 6th edition of the Africa Development International Forum (# FIAD2019) opened on Thursday, March 14, 2019 in Casablanca with…

By Christine Holzbauer Notwithstanding her flawless academic career in Tunisia, Spain and the United States, Leila Bouamatou has the merit…

After entering the banking markets of Tanzania, Botswana, Namibia and Zambia, South African financial services provider ABSA is seeking to…

Absa Bank, the 3rd largest banking group on the African continent, announced that it had made a profit of R16.13…

The Jordanian banking and financial group, Arab Bank Plc, will soon acquire 50.08% stake in the capital of UBCI (Banking…

Following the crash of Boeing 737 Max of Ethiopian Airlines flight ET302 of March 10, 2019, insurers Chubb Limited, world…

Saham Assurances acquired 24% of the capital of Khalladi Wind Farm. The announcement was made Monday, March 11 via a…

BMCE Capital, the Investment Banking division of the BMCE Bank Group, and the investment bank of the ARM Group (Asset…

The Tunisian Bank Corporation has been awarded Best Digital Bank in North Africa and the most responsive bank in this…

Meeting last week in Bangui (Central African Republic), the Franc Zone Convergence Committee (COCOZOF) carefully avoided the annoying subject, namely…

African stock markets plummet at the end of the first quarter of 2019. All studies show, the rise in interest…

The Nigerian bank, Access Bank, signed a subordinated syndicated loan agreement worth 58.18 billion naira ($ 162.5 million) on Monday…

French bank Société Générale (SG) announces the disbursement of $ 126 million to support Ghana’s small and medium-sized enterprises (SMEs)…

The African bank challenger, Vista Bank, has partnered with the banking software specialist Temenos to drive its digital overhaul in…