Browsing: Premium

The Central Bank of Kenya (CBK) launched this Wednesday, February 23, the National Payments Strategy at an event that brought…

Canza Finance, an emerging markets neobank, successfully raised $3.27 million in seed funding. The fundraising was led by Fenbushi Capital,…

Senegal’s trade balance deficit narrowed by 35 billion FCFA (52.5 million euros), on a monthly basis during the month of…

The Togolese authorities signed, on February 22, 2022 in Lomé, a memorandum of understanding with the Saudi Fund for Development…

Cameroonian journalist Michel Lobé Ewané has been appointed to the board of directors of Joseph Sassoon Group, an international financial…

Bank of Uganda (BoU), Uganda’s central bank, kept its key rate at 6.5% this month, with the aim of containing…

Commercial International Bank’s consolidated net profit for the full year 2021 was approximately EGP 13.3 billion (approximately USD 845 million),…

Kenyan startup MarketForce, a B2B platform for the retail distribution of consumer goods and digital financial services, announced Tuesday (February…

The American bank Citigroup will launch its commercial banking services in South Africa, Nigeria, Kenya and Egypt due to the…

The Democratic Republic of Congo should benefit from the upward trend of its main mining export products on the international…

The explosion of a stockpile of dynamite left at least 59 people dead and several injured on the afternoon of…

Egypt and Sudan each condemned, on Monday, February 21, the start of electricity production from the Grand Renaissance Dam (GERD)…

The activities of the Gabonese subsidiary of the French group TotalEnergies are on the rise again after a stagnation following…

After a first postponement in October 2021 for reasons not previously mentioned, the cybersecurity summit co-organized by Togo and the…

The updated data confirms that the Rwandan economy has maintained a recovery trajectory towards achieving the projected annual growth of…

EFG Hermes, the largest investment bank in Egypt, announced on Monday February 21 that it had received the approval of…

The gross domestic product (GDP) of Nigeria, the largest economy on the African continent, grew by 3.98% year-on-year in real…

The road and rail infrastructure development project of the Douala-Ndjamena corridor linking Cameroon to Chad with a total investment of…

In Ethiopia, Prime Minister Abiy Ahmed inaugurated this Sunday, February 20, the production of electricity from the great Renaissance dam…

The World Health Organization (WHO) has designated the six African countries that will benefit from technology transfer to produce their…

The turnover of the Société Générale Industrielle de Filtration (GIF FILTER) SA, specializing in the manufacture and marketing of fuel…

The central bank of Rwanda announced on February 17, 2022 that it had raised its key rate by 50 basis…

The ultra-high-grade Kipushi Mine, with an average grade of 36.4% zinc in the first five years of production, will be…

The African Export-Import Bank (Afreximbank) announced on February 17, 2022 that it had signed a loan agreement for 250 million…

The South African bank Standard Bank Group Limited plans to buy additional shares in its Kenyan subsidiary Stanbic Holdings, through…

The Egyptian economy recorded a growth of 9% in the first half of the financial year 2021/22, after achievements of…

In Guinea, the special prosecutor of the court for the repression of economic and financial offenses announced, on February 16,…

Nigeria’s Bank of Industry (BOI) has issued a €700 million Eurobond to fund business growth in Nigeria. The five-year euro-denominated…

Nigeria’s inflation rate declined to 15.60% in January 2022, from a peak of 15.63% in December 2021, according to the…

Dark Fiber Africa (DFA), a South African company specializing in the provision of open access fiber optic infrastructure and connectivity,…