Latest News Bank & Insurance

Capital Market & Private Equity

23/11/2023 at 18h29, by Africa Business+

FMO and IFC support African Rivers Fund IV, XSML’s Central Africa SME fund

The fund plans to make 40 to 50 investments with average target tickets of between $2 million and $3...

Construction & Infrastructure

22/11/2023 at 18h33, by Africa Business+

Sefrioui family secures CFA franc financing for its Addoha’s Lagoona City project in Abidjan

Douja CIV, a subsidiary of Anas Sefrioui’s Moroccan group Addoha, is to receive the equivalent of €25...

Agribusiness

20/11/2023 at 15h03, by Africa Business+

Afropa invests $30m in Liberia and Sierra Leone bottled water plants

This family-owned SME importer of Nestlé products, which trades and sells food and beverages, plans...

Commercial banking

17/11/2023 at 20h13, by Africa Business+

Egypt’s Commercial International Bank seeks EBRD for $150 million

The international donor has just awarded Egypt’s third-largest bank, CIB, $150 million.

Bank

17/11/2023 at 15h58, by Africa Business+

Oragroup Securities targets €7.5m turnover in five years

Based in Côte d’Ivoire, Oragroup’s management and intermediation company (SGI) received its Umoa licence...

Commercial banking

16/11/2023 at 19h01, by Africa Business+

External growth, green loans – Rawbank examines options for future growth

The group led by Mustapha Rawji is considering its next phases of development following its excellent...

Capital Market & Private Equity

14/11/2023 at 15h46, by Africa Business+

New financial partner for BlueOrchard InsuResilience Fund II

The European Investment Bank (EIB) has agreed to invest $6 million in this debt and equity vehicle to...

Bank

09/11/2023 at 16h22, by Africa Business+

BNI Madagascar’s Alexandre Mey awaits backing for SME financing

The bank, controlled by Axian and Ciel Finance, is counting on the support of a former shareholder.

Advisory

09/11/2023 at 16h07, by Africa Business+

Advisers to Hollard International’s acquisition of a stake in APA Insurance 

The South African insurance group has acquired a 20% stake in the Kenyan company.

Development Bank

08/11/2023 at 16h55, by Africa Business+

Alain Ebobissé, CEO of Africa50: “We have already signed 17 African investors for our Infrastructure Acceleration Fund”

The CEO of Africa50, who took up his post in 2017 and is a former member of the IFC and the French Caisse...

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