Latest News Bank

Appointment

12/12/2019 at 17h30, by Valentin Grille

Cheryl Buss takes the helm at Absa International

Cheryl-Buss_CEO Absa International

Absa Bank is expanding beyond the continent with a new head of its international operations.

Appointment

12/12/2019 at 17h24, by Valentin Grille

Jonathan Penkin named the new head of sub-Saharan Africa at Goldman Sachs

Jonathan Penkin CEO Goldman Sachs sub-Saharan Africa

His appointment follows the retirement of the current chief executive Colin Coleman.

Bank & Insurance

06/12/2019 at 19h03, by Jeune Afrique Business+

BGFI expects to raise over $78m from its IPO

Central Africa’s leading bank is preparing an IPO on the BVMAC stock exchange in Douala by the end of...

Bank & Insurance

06/12/2019 at 18h24, by Jeune Afrique Business+

Bankia follows in the footsteps of Caixa and Banco Sabadell in Morocco

A new Spanish bank is seeking to take advantage of growing trade links between Morocco and Spain.

Appointment

04/12/2019 at 19h53, by Jeune Afrique Business+

Philippe Wattecamps, acting CEO at Banque Tuniso-Koweitienne

Philippe Wattecamps CEO BTK

The French executive from BPCE will ensure continuity between the Tunisian bank’s former and new owners....

Appointment

03/12/2019 at 16h06, by Aurélie Benoit

Citi’s CEO Nigeria at the head of the new Sub-Saharan Africa cluster

Capture d’écran 2019-12-03 à 15.40.41

After almost two decades at the U.S. bank, Nigeria’s Akin Dawodu has been appointed CEO of Citi’s Sub-Saharan...

Bank & Insurance

26/11/2019 at 18h32, by Jeune Afrique Business+

FirstRand in the spotlight after the withdrawal of RMB (34%) and Remgro (3.9%)

The largest shareholder in the South African financial group is planning to sell its assets and divest...

Bank & Insurance

25/11/2019 at 15h08, 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 of...

Bank & Insurance

19/11/2019 at 17h53, by Aurélie 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...

Bank & Insurance

13/11/2019 at 17h44, 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 18h07, 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 & Insurance

12/11/2019 at 18h06, 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...

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