Browsing: Finance

Mediterrania Capital, through its MCIII fund, has acquired approximately 30% of the capital of Cofina Bank. Amount of the transaction,…

The French telecom giant, Orange, announces the upcoming expansion of its banking operations in Africa following the launch of its…

The management company of the Casablanca Stock Exchange will be transformed into a holding company to set up an integrated…

Nigerian bank First Bank Limited expects its foreign affiliates to make at least a 10% net contribution to its financial…

Orange Bank has launched its website in support of its mobile application and announces the establishment of consumer credit ranging…

France granted a loan of 120 million euros, or nearly 79 billion FCFA, to Côte d’Ivoire as part of the…

In a statement dated March 22, 2018, the Commission des Marchés Financiers said that it received an alert on March…

Despite a difficult environment, the banking group saw its activity and earnings rebound in 2017. Equity Group Holding, the first…

After an acceleration of 4% noted in 2017, the growth outlook for the Moroccan economy for 2018 should reach 3.3%,…

The Gambian subsidiary of pan-African bank Ecobank launched a new banking service since March 16 to offer deposit and withdrawal…

The Kenya-based Commercial Bank of Africa (CBA) officially started banking operations in Rwanda on Monday (March 19th) following the successful…

Driven by a dynamic equity market, the manager of the Nairobi Stock Exchange recorded solid results in 2017. Nairobi Securities…

The Board of Directors of the African Development Bank Group has approved a US $ 30 million loan to support…

The International Monetary Fund (IMF) approved March 14, 2018, a new three-year agreement of about 158 ​​million dollars (90 billion…

The Central Bank of Nigeria (CBN) has again injected $ 210 million into the interbank foreign exchange market. Objective, maintain…

Egypt announced Sunday, March 18 the upcoming sale of its shares in 23 public companies. The objective is to raise…

The US private equity firm Milost Global Inc., plans to inject up to $ 1 billion to recapitalize the Nigerian…

Insurance Assurance Plc., A member of the SUNU Group, has announced a name change for SUNU Insurance Nigeria Plc. Established…

The director general of Saham Assurances Togo, Magloire Dochamou, was sacked this Tuesday at the head of the company. According…

The Banque Populaire Group (BCP) has announced the signing of a partnership agreement with UAE Group UAE Exchange, one of…

Some 900 people have been registered for this 41 edition of the Assemblies of the Federation of African Societies of…

Currently valued at 4000 billion dollars, the global market for Islamic finance arouses a strong desire of West African countries…

The Senegalese banking group BRM (Regional Market Bank) officially launched the activities of its Ivorian branch, 9, in Abidjan. An…

The US stock market plunged against anticipations of a future increase in the Fed’s interest rates. Behind the mammoth Yankee,…

Uganda announces the upcoming opening of its financial market to the Islamic bank, which excludes the payment of interest, in…

Zimbabwe and Afreximbank are negotiating around a $ 1,5 billion guarantee line that will be designed to protect the funds…

FBN Holdings reconstituted the board of its insurance subsidiary, FBN Insurance Brokers, with Folake Ani-Mumuney as president. In a notice…

Kenya has appointed four banks to handle the sale of Eurobonds scheduled for the issue in the next two months.…

Mali has just launched its first bond in the form of sukuk (bonds compatible with sharia) called “SUKUK State of…

Fitch Ratings has just confirmed the national rating “Excellent (mar)” of BMCE Capital Gestion (BKG). For the rating agency, the…