Latest News Bank & Insurance

Bank

25/11/2019 at 14h08, by Valentin Grille

BHCI buy-out: Westbridge considering taking action against the Côte d’Ivoire government

The Canadian firm, which accuses Côte d’Ivoire’s ministry of finance of interfering it its takeover...

Bank

19/11/2019 at 16h53, by Aurelie Benoit

Kamal Mokdad (BCP) “goes green” thanks to the EBRD and the Green Climate Fund

The two institutions are seeking to grant loans to help the country’s second largest bank contribute...

Development Bank

18/11/2019 at 17h10, by Africa Business+

Samaila Zubairu broadens Africa Finance Corporation’s shareholding to AfDB ($50m)

AFC is Africa’s second largest multilateral financial institution and is increasing its funding programmes...

Bank & Insurance

14/11/2019 at 17h12, by Gaëlle Arenson

BOA/Wema Bank MoU: “We have no plans to take over the Nigerian bank.”

The memorandum of understanding signed last month between the subsidiary of BMCE Bank group and Wema...

Development Bank

14/11/2019 at 08h02, by Africa Business+

Adam Boehler (DFC) signs his first African deals

Barely into his term, the head of the new U.S. foreign aid agency has approved funding of $40m and sealed...

Bank

13/11/2019 at 16h44, by Africa 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...

Bank

12/11/2019 at 17h07, by Africa 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 Africa 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 Africa Business+

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...

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 Africa 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 Africa 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...

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