Latest News Bank & Insurance
Bank & Insurance
17/06/2020 at 21h02, by Aurélie M'Bida
After the National Bank of Canada, Jean Kacou Diagou is challenged in Swiss Re arbitration case
The insurance company Swiss Re has initiated arbitration proceedings before the Court of Arbitration...
Bank & Insurance
16/06/2020 at 19h49, by Aurélie Benoit
Commercial International Bank (CIB): Egypt’s green bond pioneer
According to our sources, CIB, one of Egypt’s largest financial institutions, is getting ready to launch...
Advisory
16/06/2020 at 19h40, by Jeune Afrique Business+
Attijariwafa chooses advisory firm Allen & Overy for bond issue
For the second time in less than six months, Morocco’s largest bank has opted for the advisory services...
Bank & Insurance
11/06/2020 at 17h55, by Aurélie Benoit
Trade finance: Ade Ayeyemi (Ecobank) tasks Turkish billionaire Hüsnü Özyeğin’s Credit Europe Bank with loan arrangement
The pan-African banking conglomerate is looking to obtain a $125m loan for its trade finance business.
Bank & Insurance
08/06/2020 at 17h38, by Jeune Afrique Business+
Canada’s Westbridge plans recapitalisation of New Bank of Mauritania and a roll out in Kigali
Still in dispute with the Côte d’Ivoire, the Canadian mortgage broker has just set its sights on the...
Bank & Insurance
05/06/2020 at 19h11, by Jeune Afrique Business+
Bank of Africa increases its stake to 78% in Ugandan subsidiary
The transaction was carried out via a share exchange with FMO, but was spurred in particular by AFH’s...
Bank & Insurance
04/06/2020 at 20h40, by Gaëlle Arenson
ABCI/BFT expropriation dispute: Tunisia recognises ICSID tribunal since the lifting of seizure orders on STB assets
Requests in August 2019 for precautionary seizures on the assets of Société Tunisienne de Banque (STB)...
Appointment
03/06/2020 at 19h41, by Aurélie Benoit
Bill Winters (Standard Chartered) grants more powers to Abbas Husain
Husain has been entrusted with the corporate finance activity for the British banking giant’s entire...
Appointment
19/05/2020 at 20h07, by Jeune Afrique Business+
Former AXA executive Jérôme Droesch takes on the Africa region at Cigna
The giant US health insurance company – which reported revenue of $153bn in 2019 – has put the French...
Bank & Insurance
19/05/2020 at 20h01, by Jeune Afrique Business+
Cofina targets 2,000 SMEs in Senegal and Côte d’Ivoire with €12.5m in funding from FMO
The agreement will enable the financial group founded by Ivorian Jean-Luc Konan to provide assistance...
Bank & Insurance
18/05/2020 at 20h23, by Jeune Afrique Business+
Côte d’Ivoire: How Youssouf Fadiga managed to turn around the BNI
In less than two years at the helm of Banque Nationale d’Investissement (BNI), its managing director...
Bank & Insurance
18/05/2020 at 17h27, by Jeune Afrique Business+
In Morocco, Marie-Alexandra Veilleux-Laborie (EBRD) also offers support to CaixaBank (€40m)
After signing a large cheque for BMCE, the European institution is working on a finance package in support...
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