Latest News Bank & Insurance
Bank
25/11/2022 at 13h05, by Africa Business+
Laurent Demey and Luc Rigouzzo exit CFG Bank as they wind down Amethis Funds I
Four years after backing the Moroccan bank, the investment fund manager, led by Laurent Demey and Luc...
Bank & Insurance
18/11/2022 at 19h25, by Africa Business+
BPCE, BNP, CA: the great waltz of ex-CEOs in Africa
Between relocations, abrupt suspensions and departures, the African subsidiaries’ ex-CEOs had to adapt...
Agribusiness
18/11/2022 at 14h30, by Africa Business+
Jean-Luc Konan’s Cofina agricultural financing activity gets €26m EIB support
The European institution is granting a line of credit targeted at SMEs in the agricultural sector to...
Bank
16/11/2022 at 17h24, by Africa Business+
Jean Kacou Diagou confirms Léonce Yacé as head of NSIA’s banking division
The boss of NSIA Banque Côte d’Ivoire, and acting as the group’s deputy CEO in charge of banking for...
Development Bank
16/11/2022 at 14h19, by Africa Business+
Arise IIP secures $85 million convertible loan from Afreximbank’s FEDA
Arise Integrated Industrial Platforms (IIP), founded by Gagan Gupta, has expanded rapidly over the past...
Bank
15/11/2022 at 15h25, by Africa Business+
SME financing : BOA (BMCE Group) seeks IFC support for sub-Saharan subsidiaries
The institution is renewing its confidence in the pan-African bank, which is strengthening its engagement...
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...
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