Latest News Bank & Insurance

Insurance

21/04/2023 at 16h15, by Africa Business+

Development Bank

20/04/2023 at 18h05, by Africa Business+

BOAD mandates consortium of experts to evaluate financial effectiveness in cement sector

The consortium comprises Perform Strategy & Co and Cermi, whose managers are Credo Mensah-Dzraku, consortium...

Bank

18/04/2023 at 16h19, by Africa Business+

Sasol arranges $2.969 billion refinancing deal with 14 banks

Sasol’s existing banking facilities expire in 2024, but the South African chemical giant has been granted...

Bank

17/04/2023 at 16h47, by Africa Business+

Fabrice Mboumbou Pindi to head BGFIBank Equatorial Guinea

After a one-year stint as Deputy MD of BGFIBank Congo and three years as director and internal audit...

Consumer goods

14/04/2023 at 16h38, by Africa Business+

Textiles : IFC to finance Hela Apparel Holdings in East Africa 

The financial arm of the World Bank is working on a loan of up to $20 million to the Sri Lankan producer,...

Bank

13/04/2023 at 17h10, by Pierre-Olivier Rouaud

RMB seeks MIGA support in deal with Côte d’Ivoire government

The South African investment bank intends to lend €100 million in the short term to the Ivorian government...

Bank

06/04/2023 at 14h23, by Valentin Grille

Caroline Mulwa, Oikocredit : “We are aiming for €50 million invested in debt in the next six months”

The microfinance institution’s Africa director, alongside equity manager Sébastien Rigaud, detailed...

Bank

04/04/2023 at 16h12, by Africa Business+

Yerim Sow’s Bridge Bank seeks IFC support for SME lending

The Washington-based institution will provide a medical equipment loan facility in Côte d’Ivoire and...

Bank

03/04/2023 at 18h39, by Africa Business+

Tunisia: how Radhi Meddeb convinced AFD and USAID to invest in microfinance

Tunisian entrepreneur Radhi Meddeb has persuaded the French and US development agencies AFD and USAID...

Commercial banking

30/03/2023 at 16h26, by Africa Business+

Proparco grants a $15m guarantee to Banque populaire de Mauritanie

The grant will enable BPM to increase the import of essential goods and expand its network of correspondent...

Advisory

29/03/2023 at 16h49, by Africa Business+

Norton Rose Fulbright supports Morocco in developing investment funds

A new bill by Nadia Fettah Alaoui, Minister of the Economy, aims to facilitate the financing of unlisted...

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