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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