Latest News Bank & Insurance

Trend

12/11/2019 at 17h07, by Jeune Afrique Business+

Medef conducting a low-key campaign with the EIB in Africa

The Africa committee of the French employers’ federation is pushing for French companies to get a larger...

Bank

12/11/2019 at 17h06, by Jeune Afrique Business+

Wafa Assurance gains its licence in Egypt

Wafa Assurance is to open its new subsidiary in Egypt early next year. It will start out with life insurance...

Development Bank

08/11/2019 at 17h31, by Alison Culliford

How Faure Gnassingbé convinced the IFC to open an office in Lomé

The lender’s arrival in Togo, which was made official last week, should be accompanied by a revival of...

Bank

08/11/2019 at 14h10, by Tarik Bargal

Political uncertainty and sterling volatility force Afreximbank to postpone its listing

Fewer than two weeks after confirming its intention to list on the London Stock Exchange, the African...

Bank

07/11/2019 at 17h52, by Jeune Afrique Business+

Banker Dramane Bazie at the helm of the Burkina Faso subsidiary of Cofina (Jean Luc Konan)

The rapidly expanding financial group founded by Ivorian Jean-Luc Konan has appointed banker Dramane...

Bank

06/11/2019 at 17h32, by Jeune Afrique Business+

Atlantic Financial (Koné Dossongui) and Lilium Capital (Simon Tiemtoré) still in the running for the takeover of BNP Paribas subsidiaries

Although BNP Paribas has still not confirmed the identity of the potential buyers of its subsidiaries...

Bank & Insurance

05/11/2019 at 17h31, by Valentin Grille

Nigeria’s Access Bank takes its first steps in Kenya with the acquisition of Transnational Bank Ltd

Lagos’ fourth largest bank is gaining a foothold on a “key market” with an establishment that is well...

Bank

05/11/2019 at 17h10, by Jeune Afrique Business+

Bank

31/10/2019 at 16h51, by Jeune Afrique Business+

Mohamed Brigui (CIL) and Ahmed Abdelkefi (TLF) obtain €27 million from Proparco

This amount will help to finance over 2,000 SMEs in Tunisia and allows the French agency to play a greater...

Bank

31/10/2019 at 14h48, by Jeune Afrique Business+

Absa granted a $75 million trade finance facility from CDC

The UK development finance institution has selected the South African bank for a new risk sharing facility.

Bank

28/10/2019 at 14h23, by Jeune Afrique Business+

Jean-Luc Konan: “In 2020, Cofina will once again turn to the regional financial market to raise funding”

Energised by the success of an accounts receivable securitisation transaction initiated in 2018, the...

Commercial banking

25/10/2019 at 21h21, by Jeune Afrique Business+

BCP vs. Attijariwafa Bank: a Moroccan duel in Tunisia

In September, Morocco’s Banque centrale populaire (BCP), headed up by Mohamed Karim Mounir, will purchase...

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