Browsing: Finance

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…

According to the Evolution of the Togolese Financial System presented in the National Development Plan (NDP), the analysis of the…

According to its results not yet audited, the Tunisian insurance company Salim recorded, in 2018, a 13% increase in its…

In Nigeria, Guinea Insurance Plc’s activities were suspended by the National Insurance Commission (NAICOM) in a decision issued on January…

The Ghanaian subsidiary of the Old Mutual Insurance Company has announced the appointment of a new General Manager in the…

The Federal Government of Nigeria has allocated a 5.12-hectare piece of land in Abuja to the African Export-Import Bank (Afreximbank)…

After almost ten years in the top management of the world’s largest financial companies, the Franco-Ivorian banker is expected to…

The Central Bank of Nigeria (CBN) injected on Tuesday, January 29, 210 million USD on the interbank foreign exchange market…

In Togo, less than 1% of bank loans go to the agricultural sector, which accounts for 60% of the active…

The Ghana Stock Exchange (GSE) raised in 2018 a total of 2 billion Ghanaian cedis (400 million USD), announced its…

Emirati Emirates Bank NBD won for the second time in a row the “Best Bank” award in Egypt for 2018…

According to a statement issued by the Banque de l’Habitat (BH), the institution’s NBI rose by 17.5% in 2018 to…

The old debate on the CFA franc never ceases to make headlines. On the side of technicians and politicians, the…

Selon la Banque centrale du Ghana (BoG), in November 2018, 172.9 million of Ghana cedis (around 34.5 milliards USD), who…

The Regional Stock Exchange (BRVM) and the Côte d’Ivoire SME Agency (CIPME) signed a memorandum of understanding under the Chairmanship…

The I & P Afrique Entrepreneurs 1 (IPAE 1) fund, launched by Investisseurs & Partenaires in 2012, is now completing…

Société Générale Côte d’Ivoire was awarded the “Best Trade Finance Service Provider 2019” award from the Ivorian market by Global…

Afreximbank President Prof. Benedict Oramah addressing participants at the opening of the Financing Investment and Trade in Africa conference in…

By Achille Mbog Pibasso. The Equatorial Guinean State, through the auction, raised 15 billion FCFA of assimilable treasury bills (BTA)…

According to the figures published by the Ministry of Economy and Finance of Morocco by its Directorate of Studies and…

The operationalization of the newly-created Fund for Export Development in Africa (FEDA) moved into high gear today with the holding of the…

By Brice Kouao. WHAT IS THE MOST OFFENSIVE BANK FOR CREDITS IN COTE D’IVOIRE? Between 2013 and 2017, loans granted…

Mauritian bank SBM Bank on Thursday (January 24th) inaugurated its first wholly-owned subsidiary in India. The ceremony was chaired by…