Browsing: Finance

On 7 March 2019, Wifak Bank General Manager Mohamed Mellousse announced that he had obtained authorization from the bank’s board…

Faced with the press on March 6, 2019 in Nairobi, Joshua Oigara, the president of the Kenyan Bankers Association (KBA)…

Written by Eric MANIABLE and Raissa FOTIA SANTSA. In the previous episode, our actuaries had built surrender rate tables based…

ACCRA, Ghana. 18 March marked the start of structured dialogue around Nationally Determined Contributions (NDCs) at Africa Climate Week hosted…

The Egyptian subsidiary of Attijariwafa bank has signed a memorandum of cooperation with Global Lease to finance and support SMEs…

Immorente Invest, a Moroccan firm specializing in the management of real estate assets for rental, plans acquisitions ranging from 150…

Following nine months of negotiations, the Kenyan bank Sidian Bank has signed a capital injection of 1.2 billion Shillings (about…

In a new report on Moroccan banks, an improved version of the two previous ratings of 2013 and 2016, the…

Under the High Patronage of His Majesty King Mohammed VI, may God assist, the 6th edition of the Africa Development…

Ghana is seeking $ 750 million negotiated as a syndicated loan from Standard Chartered Plc and Standard Bank Group Ltd,…

The South African firm InvestSure will benefit from an investment of 9.6 million rand mobilized by 4Di Capital of Lireas…

Allianz Africa formalizes its new strategic skills cluster in Africa, according to a statement from the group to Financial afrik.…

AUDA-NEPAD hosts the 3rd Africa CSA Alliance Forum Following the success of the first two Africa Climate Smart Agriculture (CSA)…

 The African Export-Import Bank (Afreximbank) has made the case for factoring as a viable and sustainable solution to address the…

The Emerging Africa Infrastructure Fund (EAIF) provided a USD 27 million loan to Kikagati Power Company, a Ugandan company specializing…

The Central Bank of Zimbabwe (RBZ) borrowed $ 985 million from pan-African lending institutions in 2018 to cover commodity imports.…

By Pierre Delval, chronicler. On April 15, 2018, in issue 49 of Financial Afrik, I devoted a full column…

Small businesses set up by Africans will receive 50 million rand, or about 3.6 million USD from Spartan SME Finance,…

National Bank of Egypt Vice President Yehia Abul Fotouh announced last week that the bank plans to finance infrastructure projects…

Nigerian company Quantum Capital Partners raised $ 5.5 million for TeamApt, a provider of payment solutions. This funding will allow…

Announced in recent months by the government, the privatization process of the Togolese Banking Union (UTB) and the Togolese Bank…

The Regional Stock Exchange (BRVM) announces the release (Go Live), in real time, on the Refinitiv platform of Thomson Reuters,…

Launched in February 2017, Outlierz Ventures, the Moroccan-based venture capital fund dedicated to African technology startups, announces the first five…

Nigerian financial holding company FBN Holdings Plc, the parent company of First Bank, announces that it will list its shares…

The European Bank for Reconstruction and Development (EBRD) will allocate € 5 million in funding to BMCE Bank of Africa.…

The African Development Bank and Sophia University in Japan, have signed a Memorandum of Understanding to promote capacity development within…

Ecobank Transnational Incorporated is preparing to sign today in Lomé, a partnership agreement with the Togolese government on the National…

In South Africa, the insurer Discovery plans to launch its banking business towards the end of May 2019. This step…

The national management of the Central Bank of West African States (BCEAO) announced on February 26, 2019, the state of…

The Heads of State and Government of the Commission for the Sahel region have approved, on 25 February 2019 in…