The United Nations believes that Africa should avoid mirroring Europe's path of industrialization. Instead, its development must be inclusive and...
The African Development Bank Group has approved a ZAR 18.85 billion ($1 billion) corporate loan to Transnet, South Africa’s major freight transport and...
The African Development Bank Group has approved a ZAR 18.85 billion ($1 billion) corporate loan to Transnet, South Africa’s major freight transport and...
The government of Côte d'Ivoire is set to finalize the recapitalization of the Banque de l'Habitat de Côte d'Ivoire (BHCI) by the end of 2024, according...
The government of Côte d'Ivoire is set to finalize the recapitalization of the Banque de l'Habitat de Côte d'Ivoire (BHCI) by the end of 2024, according...
Guaranty Trust Holding, a Nigerian banking group, announced yesterday that it plans to raise $246.2 million through a share sale to meet new minimum...
Guaranty Trust Holding, a Nigerian banking group, announced yesterday that it plans to raise $246.2 million through a share sale to meet new minimum...
GEL Utility Limited, an operating asset developed and managed by Genesis Energy Group proudly commemorates a decade of innovation as it celebrates its...
GEL Utility Limited, an operating asset developed and managed by Genesis Energy Group proudly commemorates a decade of innovation as it celebrates its...
Nigeria's Securities and Exchange Commission (SEC) has announced new measures to oversee the cryptocurrency sector to combat financial crime. This move...
Nigeria's Securities and Exchange Commission (SEC) has announced new measures to oversee the cryptocurrency sector to combat financial crime. This move...
The Board of Directors of the ECOWAS Bank for Investment and Development (EBID) held its 88th Ordinary Session on July 11, 2024. During this session, the...
The Board of Directors of the ECOWAS Bank for Investment and Development (EBID) held its 88th Ordinary Session on July 11, 2024. During this session, the...
The South African Absa Group has secured 13 guarantees totaling $1.1 billion from the Multilateral Investment Guarantee Agency (MIGA), a World Bank...
The South African Absa Group has secured 13 guarantees totaling $1.1 billion from the Multilateral Investment Guarantee Agency (MIGA), a World Bank...
Proparco has strengthened its support for Cameroon’s commercial bank, Afriland First Bank, by finalizing a second partnership agreement.
Announced on...
Proparco has strengthened its support for Cameroon’s commercial bank, Afriland First Bank, by finalizing a second partnership agreement.
Announced on...
Following its $8 million investment in 2019, the International Finance Corporation (IFC) is once again partnering with fintech firm TerraPay....
Following its $8 million investment in 2019, the International Finance Corporation (IFC) is once again partnering with fintech firm TerraPay....
Benin has been focusing on processing its cotton output in recent years. A new project, backed by four major banks, (87.17 billion FCFA) will help the...
Benin has been focusing on processing its cotton output in recent years. A new project, backed by four major banks, (87.17 billion FCFA) will help the...
A week after the release of the World Bank's 14th report on Côte d’Ivoire, which focused on climate financing, Abidjan hosted a roundtable on the same...
A week after the release of the World Bank's 14th report on Côte d’Ivoire, which focused on climate financing, Abidjan hosted a roundtable on the same...
Companies listed on the Abidjan-based Bourse Régionale des Valeurs Mobilières (BRVM) have announced dividends totaling CFA613.16 billion ($1 billion) for...
Companies listed on the Abidjan-based Bourse Régionale des Valeurs Mobilières (BRVM) have announced dividends totaling CFA613.16 billion ($1 billion) for...
The ECOWAS Bank for Investment and Development (EBID) and the EU-Africa Chamber of Commerce (EUACC) have signed a Memorandum of Understanding (MOU) aimed...
The ECOWAS Bank for Investment and Development (EBID) and the EU-Africa Chamber of Commerce (EUACC) have signed a Memorandum of Understanding (MOU) aimed...
The West African Development Bank (BOAD) has greenlit several financing initiatives totaling CFA25 billion ($40.82 million), aimed at bolstering the...
The West African Development Bank (BOAD) has greenlit several financing initiatives totaling CFA25 billion ($40.82 million), aimed at bolstering the...
Africa Global Logistics (AGL) is launching the call for applications for the "Accelerate" program of the Yiri Innovation Center, open from June 19, 2024...
Africa Global Logistics (AGL) is launching the call for applications for the "Accelerate" program of the Yiri Innovation Center, open from June 19, 2024...
Investment portfolios of impact investors in sub-Saharan Africa mainly target the agriculture, finance, energy, health and technology sectors. Between...
Investment portfolios of impact investors in sub-Saharan Africa mainly target the agriculture, finance, energy, health and technology sectors. Between...
The African Development Bank and the African Solidarity Fund (ASF) have signed a letter of intent to strengthen the two institutions’ working relationship...
The African Development Bank and the African Solidarity Fund (ASF) have signed a letter of intent to strengthen the two institutions’ working relationship...
The Board of Directors of the African Development Fund has approved an additional $10 million from the Global Agriculture and Food Security Program...
The Board of Directors of the African Development Fund has approved an additional $10 million from the Global Agriculture and Food Security Program...
The African Development Bank and Infrastructure Credit Guarantee Company Limited (InfraCredit) have signed an agreement for a $15 million...
The African Development Bank and Infrastructure Credit Guarantee Company Limited (InfraCredit) have signed an agreement for a $15 million...
Sanlam, a South African insurance company, will acquire a 60% stake in the insurance segment of local media group MultiChoice. The announcement was made...
Sanlam, a South African insurance company, will acquire a 60% stake in the insurance segment of local media group MultiChoice. The announcement was made...
Société Générale Côte d'Ivoire, the Ivorian branch of the French banking group Société Générale, has become the highest-valued bank in the Economic...
Société Générale Côte d'Ivoire, the Ivorian branch of the French banking group Société Générale, has become the highest-valued bank in the Economic...
The report reveals that 76% of banks surveyed in 35 African countries rank digital transformation among the top three priorities in their growth...
The report reveals that 76% of banks surveyed in 35 African countries rank digital transformation among the top three priorities in their growth...
Fidelity Bank Nigeria Plc has acquired Union Bank UK, supported by a $40 million intra-African investment facility from Afreximbank. The financing,...
Fidelity Bank Nigeria Plc has acquired Union Bank UK, supported by a $40 million intra-African investment facility from Afreximbank. The financing,...
Nigerian financial technology companies, including Opay, Palmpay, and Moniepoint, are grappling with compliance costs nearing $1 million. These...
Nigerian financial technology companies, including Opay, Palmpay, and Moniepoint, are grappling with compliance costs nearing $1 million. These...
African nations grappling with substantial financial losses from tax evasion and other illicit financial flows have ramped up their efforts in tax...
African nations grappling with substantial financial losses from tax evasion and other illicit financial flows have ramped up their efforts in tax...
Two years after the signing of the founding protocol, the African Energy Bank officially opened its doors on June 4. This supranational bank will focus on...
Two years after the signing of the founding protocol, the African Energy Bank officially opened its doors on June 4. This supranational bank will focus on...
The African Legal Support Facility (ALSF), established in 2008, provides legal and technical assistance to African countries to strengthen their...
The African Legal Support Facility (ALSF), established in 2008, provides legal and technical assistance to African countries to strengthen their...
Countries in the West African Economic and Monetary Union (WAEMU) continue to depend on the public securities market, organized by Umoa-Titres, as a vital...
Countries in the West African Economic and Monetary Union (WAEMU) continue to depend on the public securities market, organized by Umoa-Titres, as a vital...
The government of Algeria plans to establish a bank in China to promote its exports to the Asian country, Finance Minister Laaziz Faid announced on May...
The government of Algeria plans to establish a bank in China to promote its exports to the Asian country, Finance Minister Laaziz Faid announced on May...
Kenyan President William Ruto announced on May 29 that Kenya will invest $120 million in the African Development Bank (AfDB) and the African...
Kenyan President William Ruto announced on May 29 that Kenya will invest $120 million in the African Development Bank (AfDB) and the African...
NSIA Banque CI held its Annual General Meeting, attended by Chairman Jean Kacou Diagou and CEO Léonce Yacé. The meeting, held on May 23, 2024, at the...
NSIA Banque CI held its Annual General Meeting, attended by Chairman Jean Kacou Diagou and CEO Léonce Yacé. The meeting, held on May 23, 2024, at the...
Three oil distribution companies listed on the Abidjan-based Regional Stock Exchange (BRVM) ended 2023 with high debt levels, putting pressure on investor...
Three oil distribution companies listed on the Abidjan-based Regional Stock Exchange (BRVM) ended 2023 with high debt levels, putting pressure on investor...
Green bond issuance in emerging markets rose by 34% in 2023, reaching $135 billion, up from $101.2 billion in 2022. Financial institutions...
Green bond issuance in emerging markets rose by 34% in 2023, reaching $135 billion, up from $101.2 billion in 2022. Financial institutions...
The integration of artificial intelligence (AI) in the banking sector took center stage at the first semi-annual meeting of the Regional Consultative...
The integration of artificial intelligence (AI) in the banking sector took center stage at the first semi-annual meeting of the Regional Consultative...
The upcoming decisions of the European Central Bank (ECB) regarding its key interest rates are being closely watched by the international financial...
The upcoming decisions of the European Central Bank (ECB) regarding its key interest rates are being closely watched by the international financial...
Live News
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Cameroon Sees 2% Drop in Extractive Industry Production Costs in Q1 2024
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Benin Launches Major Education Initiative for Out-of-School Girls
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Cameroon Signs Financing Deals for CFA429.9bn in H1 2024
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Adenia Partners Finalizes Acquisition of 12 Air Liquide African Subsidiaries
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CEMAC Banks Rush for BEAC’s CFA185 Billion Liquidity Offer
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Cameroon and South Africa Finalize Landmark Air Transport Agreement
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Nigeria Opens New Embassy in Togo
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Togo Launches Action Plan to Support Entrepreneurs and Green Financing
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Togo: Telecom Watchdog Fines Moov Africa Togo CFA1.26 Billion for Network Disruptions
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Egypt Seeks to Strengthen Economic Ties with Togo
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