Latest News Bank

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...

Bank & Insurance

08/11/2019 at 15h10, 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 & Insurance

07/11/2019 at 18h52, by Jeune Afrique 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 & Insurance

06/11/2019 at 18h32, by Jeune Afrique 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...

Bank & Insurance

05/11/2019 at 18h10, by Jeune Afrique Business+

Bank & Insurance

31/10/2019 at 17h51, by Jeune Afrique Business+

Mohamed Brigui (CIL) and Ahmed Abdelkefi (TLF) obtain €27 million from Proparco

This amount will help to finance over 2,000 SMEs in Tunisia and allows the French agency to play a greater...

Bank & Insurance

31/10/2019 at 15h48, by Jeune Afrique Business+

Absa granted a $75 million trade finance facility from CDC

The UK development finance institution has selected the South African bank for a new risk sharing facility.

Bank & Insurance

28/10/2019 at 15h23, by Jeune Afrique Business+

Jean-Luc Konan: “In 2020, Cofina will once again turn to the regional financial market to raise funding”

Energised by the success of an accounts receivable securitisation transaction initiated in 2018, the...

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