Latest News Bank & Insurance
Bank
13/11/2019 at 16h44, by Jeune Afrique Business+
Nigeria: Visa to clinch its entry into the capital of Interswitch (Mitchell Elegbe, Helios, TA Associates, IFC) by early 2020
The investment gives the Nigerian electronic payments company a market capitalisation of $1bn. It is...
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+
Coris Bank: “We need to bolster the Senegalese subsidiary’s capital in light of the significant potential afforded by some major forthcoming oil and gas ventures” (Idrissa Nassa)
According to information obtained by Jeune Afrique Business+ from the banker, the shareholder-approved...
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...
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