Latest News Bank

Appointment

16/04/2020 at 18h14, by Jeune Afrique Business+

Eric Valéry Zoa rises through the ranks at Atlantic Bank Cameroon

The 49-year-old Cameroonian was appointed Managing Director of Bernard Koné Dossongui’s Atlantic Financial...

Bank & Insurance

15/04/2020 at 19h07, by Jeune Afrique Business+

Amen Bank (Ben Yedder group) decides to postpone a 40 million dinar bond issue

Given the stalled market, Tunisia’s fifth-largest bank has changed its mind about the bond issue, but...

Bank & Insurance

14/04/2020 at 19h02, by Jeune Afrique Business+

State owners Burkina Faso and Libya abandon BCB’s privatisation and appoint a new CEO

Burkina Faso and Libya, which jointly own the Banque commerciale du Burkina (BCB), have appointed the...

Bank & Insurance

06/04/2020 at 18h24, by Jeune Afrique Business+

The Fonds Gabonais d’Investissements Stratégiques (Serge Mickoto) temporarily acquires BNP Paribas’ stake in Bicig

The transaction was finalised at the end of March. However, according to information from Jeune Afrique...

Bank & Insurance

03/04/2020 at 19h13, by Jeune Afrique Business+

July launch of Orange Bank in Côte d’Ivoire: “Our teams are working hard to meet the deadline” (Alioune Ndiaye)

Jeune Afrique Business+ asked Orange’s Middle East & Africa boss how plans for the new bank...

Bank & Insurance

03/04/2020 at 19h13, by Jeune Afrique Business+

J.P. Morgan gets its development finance institution operations underway

Announced in early 2020, the behemoth US financial institution is targeting an annual transaction value...

Bank & Insurance

02/04/2020 at 18h37, by Aurélie Benoit

Covid-19: How the ICD (Islamic Development Bank group) plans to support the African private sector

During the current crisis, the private arm of the Islamic institution is particularly targeting  finance,...

Appointment

29/03/2020 at 12h47, by Gaëlle Arenson

Rawbank: Mustafa Rawji awaits green light from Central Bank on his appointment

The nephew of Mazhar Rawji, chairman of the board of directors of DR Congo’s top banking institution,...

Trend

26/03/2020 at 18h39, by Jeune Afrique Business+

Covid-19 threatens to slow bank merger activity in Kenya

Since the recent lifting of certain regulatory restrictions, the outlook for Kenya’s banking sector appeared...

Bank & Insurance

16/03/2020 at 15h07, by Jeune Afrique Business+

Mabrouk family to spend at least $12.8m to acquire Tunisie Valeurs from Fadhel Abdelkefi

Tunisia’s Financial Market Authority (Conseil du marché financier – CMF) has accepted the...

Bank & Insurance

12/03/2020 at 18h11, by Jeune Afrique Business+

South African Reserve Bank seeking adviser for the sale of its 50% stake in African Bank

The task is likely to be thwarted by difficult market conditions as the credit institution struggles...

Bank & Insurance

05/03/2020 at 16h30, by Jeune Afrique Business+

Hogan Lovells advised Africa and Gulf Bank on its acquisition of First Abu Dhabi Bank Sudan

The sale to a little-known local group is evidence of the divestment by the bank controlled by the Emirate...

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