Latest News Bank & Insurance

Bank

13/02/2020 at 16h51, by Tarik Bargal

Investors are flocking to NSIA Banque Côte d’Ivoire’s (Jean Kacou Diagou) securitisation fund

By transferring €61 million in healthy debt next month to investors on the stock market, NSIA hopes...

Bank

10/02/2020 at 18h14, by Africa Business+

Row over the appointment of the new Orange Bank CEO in Africa

Hastily announced on Friday, the appointment of the future CEO of Orange’s new online bank in Africa...

Bank

08/02/2020 at 19h37, by Africa Business+

Sale of BNP Paribas subsidiaries: Lilium Capital (Simon Tiemtoré) backed by Alpha Condé, Roch Kaboré et Boubou Cissé

The buyer of the French group’s subsidiaries in Burkina Faso, Mali and Guinea will soon be revealed,...

Development Bank

05/02/2020 at 15h57, by Gaëlle Arenson

Akinwumi Adesina outstrips all opponents to his succession as head of the AfDB: the inside story

According to sources close to the story, particularly within the pan-African institution where the prospect...

Commercial banking

30/01/2020 at 15h43, by Aurelie Benoit

AfDB plans to increase Afreximbank’s capital in 2020

While some shareholders have recently injected liquidity into the pan-African institution, the African...

Bank

24/01/2020 at 16h38, by Africa Business+

Under the leadership of Oliver Alawuba, UBA’s Africa team targets 50% growth outside Nigeria

Previously head of UBA’s East Bank – where he recorded excellent results – Mr Alawuba is now being asked...

Bank

23/01/2020 at 13h12, by Africa Business+

Mohamed Cheikh El Kebir promoted Governor of the Central Bank of Mauritania

Previously Minister of Economy and Finance, he took over on 20 January from Abdel Aziz Dahi who has...

Insurance

20/01/2020 at 14h03, by Aurelie Benoit

Allianz Africa changes drivers in Cameroon and Côte d’Ivoire

The German insurance firm is transferring Olivier Malâtre from Abidjan to Yaounde while his colleague...

Insurance

20/01/2020 at 12h13, by Africa Business+

Sangomar/Woodside: Senegalese insurance pool coverage takes effect ($13 million)

Grouped together in an unprecedented joint structure, Senegalese insurers collect $13m in premiums reinsured...

Development Bank

17/01/2020 at 16h15, by Africa Business+

The Sahel at the heart of a meeting between Rioux (AFD), Ghannem (World Bank) and Le Houérou (IFC)

The head of the French Development Agency (AFD) met with his Bretton Woods counterparts to develop a...

Bank & Insurance

17/01/2020 at 16h08, by Africa Business+

Morocco’s pension fund targets real estate investments to increase returns

In addition to the traditional sector of equities and bonds, new regulatory provisions broaden the segments...

Bank

13/01/2020 at 14h07, by Aurelie Benoit

Tony O. Elumelu (United Bank of Africa) hands over the reins of the continent to Oliver Alawuba

The banker has been appointed as the new head of business on the continent, i.e. some twenty countries,...

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