The continued lack of activity since 2009 shows that investors have little interest in bonds listed on the Algiers Stock Exchange, preferring instead to...
The investment aims to reduce the critical funding gap faced by African climate tech startups.
On October 3, 2024, the International Finance Corporation...
The investment aims to reduce the critical funding gap faced by African climate tech startups.
On October 3, 2024, the International Finance Corporation...
The African Development Bank Group has appointed Dr. Emmanuel Pinto Moreira as Director of Special Operations in the President’s Cabinet Office, effective...
The African Development Bank Group has appointed Dr. Emmanuel Pinto Moreira as Director of Special Operations in the President’s Cabinet Office, effective...
BOA Mali’s net profit surged in the first half of 2024, reaching CFA4.8 billion, driven by a 44% drop in risk costs and a modest 4% increase in net...
BOA Mali’s net profit surged in the first half of 2024, reaching CFA4.8 billion, driven by a 44% drop in risk costs and a modest 4% increase in net...
When it becomes operational, this market will provide additional funding for SMEs, which are vital to driving economic growth in the UMOA region.
The...
When it becomes operational, this market will provide additional funding for SMEs, which are vital to driving economic growth in the UMOA region.
The...
Côte d'Ivoire remains the top issuer and most active player on the regional financial market, accounting for nearly 40% of the funds sought this fourth...
Côte d'Ivoire remains the top issuer and most active player on the regional financial market, accounting for nearly 40% of the funds sought this fourth...
ARISE Integrated Industrial Platforms (ARISE IIP), a developer and operator of world-class industrial ecosystems in Africa, is pleased to announce the...
ARISE Integrated Industrial Platforms (ARISE IIP), a developer and operator of world-class industrial ecosystems in Africa, is pleased to announce the...
The strong performance of Attijariwafa Bank’s Ivorian subsidiary was mainly fueled by a 10% rise in operating profit and a 7% increase in net banking...
The strong performance of Attijariwafa Bank’s Ivorian subsidiary was mainly fueled by a 10% rise in operating profit and a 7% increase in net banking...
Following Gabon's example, the "debt-for-nature" approach is becoming more popular in Africa, particularly among nations with heavy debt burdens and rich...
Following Gabon's example, the "debt-for-nature" approach is becoming more popular in Africa, particularly among nations with heavy debt burdens and rich...
The Board of Directors of the African Development Bank Group has approved a $25 million loan to Seychelles to implement the first phase of the...
The Board of Directors of the African Development Bank Group has approved a $25 million loan to Seychelles to implement the first phase of the...
In a statement shared on its official LinkedIn page, Ivorian financial group NSIA clarified that "no account has been opened in the name or on behalf of...
In a statement shared on its official LinkedIn page, Ivorian financial group NSIA clarified that "no account has been opened in the name or on behalf of...
With shrinking safety margins, greater exposure to sovereign risks, and declining profitability, the West African banking group is in an increasingly...
With shrinking safety margins, greater exposure to sovereign risks, and declining profitability, the West African banking group is in an increasingly...
On 26 September 2024, on the occasion of the Pointe-Noire Business Forum, Congo Terminal announced the construction of a new port terminal at the port of...
On 26 September 2024, on the occasion of the Pointe-Noire Business Forum, Congo Terminal announced the construction of a new port terminal at the port of...
Nigeria Secures Financial Support from U.S. Chamber of Commerce, Boosting Struggling Sectors. The aim is to improve mortgage access, bolster SMEs, and...
Nigeria Secures Financial Support from U.S. Chamber of Commerce, Boosting Struggling Sectors. The aim is to improve mortgage access, bolster SMEs, and...
Africa’s leading public-private partnership industry players will convene in Morocco this October for the 14th Africa PPP Summit taking place on 22 – 24...
Africa’s leading public-private partnership industry players will convene in Morocco this October for the 14th Africa PPP Summit taking place on 22 – 24...
The pan-African AXIAN Group – through its subsidiary AXIAN Investment – a leading supporter of African start-ups, has announced the acquisition of a stake...
The pan-African AXIAN Group – through its subsidiary AXIAN Investment – a leading supporter of African start-ups, has announced the acquisition of a stake...
The Indian fintech, focused on developing APIs and Banking-as-a-Service solutions, aims to drive financial inclusion and foster innovation across the...
The Indian fintech, focused on developing APIs and Banking-as-a-Service solutions, aims to drive financial inclusion and foster innovation across the...
These countries bought back CFA41 billion ($69.5 million) in debt last week on the public securities market organized by UMOA-Titres. The market...
These countries bought back CFA41 billion ($69.5 million) in debt last week on the public securities market organized by UMOA-Titres. The market...
An international coalition led by the World Bank and the African Development Bank (AfDB) aims to raise $90 billion to provide electricity to 300...
An international coalition led by the World Bank and the African Development Bank (AfDB) aims to raise $90 billion to provide electricity to 300...
The Fund for Export Development in Africa (FEDA), the development impact investment arm of African Export-Import Bank (Afreximbank), is pleased to...
The Fund for Export Development in Africa (FEDA), the development impact investment arm of African Export-Import Bank (Afreximbank), is pleased to...
Benin’s return to the WAEMU debt market on September 12 was a relative success, securing lower yields than other major issuers in the region despite a...
Benin’s return to the WAEMU debt market on September 12 was a relative success, securing lower yields than other major issuers in the region despite a...
South Africa's six largest banks are preparing to raise R360 billion ($20.23 billion) by 2030 in response to new requirements set by the South African...
South Africa's six largest banks are preparing to raise R360 billion ($20.23 billion) by 2030 in response to new requirements set by the South African...
The African Development Bank (“AfDB”), rated Aaa (Moody’s) / AAA (S&P) / AAA (Fitch) / AAA (Japan Credit Rating), has launched and priced a new USD 2...
The African Development Bank (“AfDB”), rated Aaa (Moody’s) / AAA (S&P) / AAA (Fitch) / AAA (Japan Credit Rating), has launched and priced a new USD 2...
The mobile money market in Africa is booming, with projected annual growth of 16% to 20% through 2030. After telecom giants led the way, fintech companies...
The mobile money market in Africa is booming, with projected annual growth of 16% to 20% through 2030. After telecom giants led the way, fintech companies...
For Nigeria, this bond issuance offers a ray of hope amid economic challenges. The short-term success brings some relief, but questions remain about how...
For Nigeria, this bond issuance offers a ray of hope amid economic challenges. The short-term success brings some relief, but questions remain about how...
The President of Cote d’Ivoire Alassane Ouattara led celebrations on Tuesday to mark the African Development Bank’s 60th anniversary.
“This is an...
The President of Cote d’Ivoire Alassane Ouattara led celebrations on Tuesday to mark the African Development Bank’s 60th anniversary.
“This is an...
Last month, Ecofin Agency announced the launch of Bankable, a new economic news platform based in Kinshasa, aimed at highlighting business opportunities...
Last month, Ecofin Agency announced the launch of Bankable, a new economic news platform based in Kinshasa, aimed at highlighting business opportunities...
On September 7, Senegal’s Prime Minister Ousmane Sonko revived a proposal to create a bank dedicated to the Senegalese diaspora. This initiative aims to...
On September 7, Senegal’s Prime Minister Ousmane Sonko revived a proposal to create a bank dedicated to the Senegalese diaspora. This initiative aims to...
Mali successfully raised CFA22.6 billion ($38.2 million) in a bond auction on September 4 after seeking CFA25 billion. The total bids reached CFA26.24...
Mali successfully raised CFA22.6 billion ($38.2 million) in a bond auction on September 4 after seeking CFA25 billion. The total bids reached CFA26.24...
The International Solar Alliance (ISA) plans to launch a $100 million guarantee fund to boost solar energy solutions in Africa. According to The...
The International Solar Alliance (ISA) plans to launch a $100 million guarantee fund to boost solar energy solutions in Africa. According to The...
Over the past three years, the electronic money sector in the WAEMU region has seen explosive growth. Between 2021 and 2023, the value of electronic money...
Over the past three years, the electronic money sector in the WAEMU region has seen explosive growth. Between 2021 and 2023, the value of electronic money...
As a leading insurance provider in Morocco, Sanlam Maroc still faces challenges in the savings segment while the country’s 3.8% insurance penetration rate...
As a leading insurance provider in Morocco, Sanlam Maroc still faces challenges in the savings segment while the country’s 3.8% insurance penetration rate...
Moody’s has affirmed Benin’s sovereign rating at B1 with a stable outlook but warned of possible downgrades if reforms slow or economic growth weakens....
Moody’s has affirmed Benin’s sovereign rating at B1 with a stable outlook but warned of possible downgrades if reforms slow or economic growth weakens....
African venture capital took a serious hit in the first half of 2024, marking a significant downturn after being relatively shielded in the past two...
African venture capital took a serious hit in the first half of 2024, marking a significant downturn after being relatively shielded in the past two...
With the growing economic and financial challenges, West African governments are emerging as key players, not just as regulators but also as strategic...
With the growing economic and financial challenges, West African governments are emerging as key players, not just as regulators but also as strategic...
Oragroup is shifting its strategy after running into difficulties with its planned acquisition by Vista Bank. The bank is now focusing on stabilizing its...
Oragroup is shifting its strategy after running into difficulties with its planned acquisition by Vista Bank. The bank is now focusing on stabilizing its...
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