Latest News Bank & Insurance
Bank
14/11/2022 at 17h43, by Africa Business+
Banque Misr receives $160m financing from AfDB and PBOC
Egypt’s second-largest bank will use the liquidity partly provided by the pan-African bank and China...
Commercial banking
04/11/2022 at 18h06, by Pierre-Olivier Rouaud
Nigeria : AfDB strengthens First City Monument Bank’s SME outreach
The pan-African financial institution is providing a $50 million line of credit, part of which will...
Development Bank
03/11/2022 at 17h27, by Africa Business+
EBID : George Agyekum Donkor obtains $2 billion capital increase
The project to raise EBID’s authorised capital is part of the 2020-2025 strategic plan deployed by the...
Commercial banking
31/10/2022 at 17h43, by Africa Business+
Nigeria : IFC grants $10 m to strengthen Providus Bank’s short-term signature
The small, fast-growing Nigerian bank, which recently exited the OTC market, will benefit from a $10...
Bank
31/10/2022 at 17h38, by Africa Business+
Tarek Fayed-led Bank of Cairo looks to strengthen microfinance activity
The head of the Egyptian institution intends to develop the supply of loans to under-banked populations...
Advisory
28/10/2022 at 15h45, by Africa Business+
Kinshasa hires Finactu as consultants on development bank feasibility study
The firm that had carried out 200 consulting assignments for public and private institutions on the...
Bank
18/10/2022 at 15h52, by Africa Business+
Afriland First Holding established in Lomé with Christian Fogaing Kammogne as CEO
After an aborted attempt to take a position in the country nine years ago, the Cameroonian banking...
Commercial banking
18/10/2022 at 08h13, by Africa Business+
Simon Tiemtoré’s Lilium Capital to take control of Oragroup
According to Africa Business+ sources, the American-Burkinabè financier and lawyer, head of the Vista...
Bank
17/10/2022 at 13h49, by Africa Business+
Mustafa Rawji’s team at Rawbank
General manager since 2020 of the first Sino-Congolese bank founded by the Rawji family, Mustafa Rawji...
Development Bank
12/10/2022 at 14h56, by Africa Business+
Africa50 convinces NSIA to join its accelerator fund
While the organisation recently welcomed Aminu Umar-Sadiq as its new CEO, one of his predecessor’s latest...
Development Bank
11/10/2022 at 17h35, by Africa Business+
Agaciro Development Fund, first -Rwandan- sovereign wealth fund to take a stake in TDB
Launched more than 12 years ago by Rwandan President Paul Kagame, Agaciro Development Fund has dramatically...
Health
11/10/2022 at 17h10, by Africa Business+
Details of Sanlam’s bid for control of AfroCentric health group
The South African-based pan-African insurance and financial services group is being advised by South...
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