South Africa’s first fully digital bank TymeBank announces the launch of its unsecured loan services in July 2019. This schedule conforms to the plan...
Ghana Export-Import Bank has invested GHs10 million ($1.8 million) in the shea nut value-chain. Part of this fund will be used to train 400 women in the...
Just a few days after his appointment as the head of the general management of Moroccan group Crédit Immobilier et Hôtelier (CIH) Bank, Lotfi Sekkat...
Amethis Fund II, an investment vehicle set by financial group Edmond de Rothschild’s private equity platform, has closed at €375 million, Private...
Credit Bank Limited (CBL) will summon a general assembly meeting on June 27, 2019. According to Business Daily, during the assembly, shareholders will...
In a recent report published by the economic forecast division at Morocco’s finance ministry, Morrocan commercial banks operating in Africa are invited to...
Despite a tumultuous economic environment, the South African private equity market’s performances were stable in Q4, 2018. This is revealed by a joint...
During an audience with Ecobank’s high management, Nigerian president Muhamadu Buhari invited the pan-African group to support the creation of an...
Heat Exchange, whose major stakeholder is greek Eos Capital, has taken an important step for the acquisition of Valco Pipes, a Namibian firm specialised...
Casablanca Stock Exchange recorded MAD8.89 billion ($920 million) of transactions in the first quarter of this year. Year on year, this represents a 23%...
Chinese group Huajian Group signed an agreement with Ethiopian authorities on May 30, 2019, for the management of  Jimma industrial park. In the...
In a release published on May 31, 2019, Bank of Ghana indicated that it revoked the licences of 347 insolvent microfinance institutions to safeguard the...
Indian automaker Mahindra & Mahindra plans to open assembly plants in Kenya and Sudan, the Business Standard reported on June 2, 2019, citing Arvind...
In Morocco, the government announced its intention to reduce its participation in incumbent operator Maroc Telecom. It will sell stakes equivalent to 8%...
Mining projects developer MOD Resources is negotiating a $182 million loan with banks for its project in Botswana.   According to the...
The African Development Bank Group on 3 June 2019, announces the debarment of Qualitrends Global Solutions Nigeria Limited, a construction company...
Turkish real estate group Onsan Group has been awarded a $520 million contract to build 10,000 social housing in Angola. This was reported on May...
Telnet Holding, a Tunisian tech group, announced on May 28, 2019, that it would open a subsidiary in Saudi Arabia in collaboration with a local...
Private equity firm Helios Investment Partners plans to launch a $1.25 billion fund dedicated to Africa,  Bloomberg reported on May 28,...
At the end of April 2019, the market capitalisation of financial companies listed on the Ghana Stock Exchange was GHS13.7 billion ($2.6 billion),...
Egypt Central Bank is planning to increase commercial banks’ minimum capital base from EGP500 million to EGP5 billion. This was disclosed in a draft bill...
American firm Rise Capital has invested $5.3 million in the capital of Gokada, a Nigerian motorbike hailing company.   At the same time,...
In a statement published on May 25, 2019, MTN Nigeria indicated that its recent listing on the Nigerian Stock Exchange (NSE) was being investigated by the...
On May 24, 2019, JSE-listed Old Mutual, the second largest insurance company in South Africa, announced the suspension with immediate effect of Peter Moyo...
On May 20, 2019, Société Générale Côte d’Ivoire concluded a XOF350 billion ($594.3 million) loan agreement with the state secretary to the ministry of...
The $2.1 billion Eurobond recently issued by Kenya has been listed on the Euronext Dublin on May 22, 2019, according to a notice published by...
On May 17, 2019, in Mali, Banque Nationale de développement Agricole (BNDA) confirmed its status of the leading financial partner in the agriculture...
Officials from the London Stock Exchange have initiated a roadshow in Africa to woo large local firms, Bloomberg reported on May 21, 2019. According to...
South African Echotel International Proprietary Limited has received the approval of the Competition Authority of Kenya (CAK), for the...
The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank on 17 May 2019 approved a $995,000 grant to support the roll...
Tunisair will cut 1200 jobs within three years under a restructuration plan aimed at reducing its operating costs, Tunisian minister of transport Hichem...
In the Democratic Republic of Congo, the Senate has approved the proposed restructuration of a $2.5 billion debt owed to Exim Bank China. This...
The 54th Meeting of the Boards of Governors of the African Development Bank and the 45th Annual Meeting of the African Development Fund will be held at...
Standard Chartered Bank Kenya, signed a Ksh3.5 billion ($35 million) funding agreement with Kenya Tea Development Agency (KTDA), a private institution...
Today May 16, 2019, MTN Nigeria is getting listed on the Nigerian stock exchange with a market capitalisation of $6 billion. The operator has...

Ecofin Agency covers the news from 9 business sectors in Africa: Public management, Finance, ICT, Agribusiness, Electricity, Mining, Oil and Gas, Comms and Laws. Ecofin Agency is also creating and management specialized medias, in paper and on the web/social networks, for institutions or African publishers.

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