Hong Kong Exchanges and Clearing (HKEX) made an unsolicited offer of $36.6 billion to acquire the London Stock Exchange Group. The Asian company...
Alten, a French engineering and technology consulting company listed on Euronext, the main stock exchange in the eurozone, has once again increased the...
South Africa’s banking group Standard Bank sees in the African Continental Free Trade Area (AfCFTA) an opportunity to boost its revenues, the Chief...
South Africa’s defense company plans to mobilize R160 million ($10.8 million) in Q3 FY2019-20 through the sale of shares it holds in many...
US asset manager, Carlyle Group, has acquired a majority stake in IsoMetrix, an integrated software provider. The transaction, whose financial terms are...
The African Import and Export Bank (Afreximbank) is signing a financing agreement with DRC’s SofiBanque next September 6. Under this agreement, SofiBanque...
The President of the African Development Bank Group, Dr. Akinwumi Adesina, has announced the appointment of Mrs. Chinelo Anohu, a highly accomplished...
Africa Finance Corporation (AFC), a pan-African Multilateral Development Financial Institution based in Lagos, Nigeria, has raised $150 million...
The International Finance Corporation is considering disbursing $15.5 million for the fundraising operation currently being conducted by British...
The Egyptian firm NowPay, which operates in the financial services sector, sold a minority stake in its capital to two American venture capital companies,...
US trader Cargill announces it plans an investment of $120.5million in the agribusiness sector in Côte d’Ivoire. Specifically, the company wants to...
The Africa portfolio of Dutch development bank FMO increased by €80.3 million during the first half this year, we learnt. The figure was €2.84...
Japan and the African Development Bank on Friday announced a joint target of $3.5 billion under the Enhanced Private Sector Assistance for Africa...
Morocco’s banking groups Attijariwafa Bank and Banque centrale populaire (BCP) which are very active in sub-Saharan Africa, have signed partnership...
BMCE Bank of Africa, the second largest bank on the Casablanca Stock Exchange, is looking for organic growth within its subsidiaries, according to...
Nigeria’s Dangote Cement announced a $322 million deal in Niger. The project concerns the construction of a clinker production unit, a gas-fired...
Mutuelle Agricole Marocaine d’Asssurance launches (MAMDA) is considering setting up an investment fund of MAD500 million ($52.2 million) for agriculture...
Egypt’s investment bank and assets manager HC Securities said, following decision by the Central Bank to further cut interest rates approaching level in...
SA’s FundingsHub, a company which provides tailored financing solutions to SMEs, sold a minority stake in its capital to Fincheck, a startup that allows...
The Central Bank of Tanzania set a deadline of three months for commercial banks and finance institutions operating in the country to set up local data...
The Nigerian mobile operator Emerging Markets Telecommunications Services Limited (EMTS), known as 9Mobile, secured an 82.8 billion naira ($230 million)...
Mali’s development bank (BDM SA) signed last week a financing agreement worth €30 million (FOF19.7 billion) with the African Development Bank.
This...
South African insurance group announced it is maintaining its decision to fire CEO Peter Moyo (pictured), despite a court decision in Johannesburg. The...
Egyptian state-owned Banque du Caire is providing real estate company Inertia EGP575 million ($34.6 million) to fund projects ongoing in the country....
Egyptian state-owned Banque du Caire reaffirmed its commitment to open a significant minority stake in its capital to private investors. The operation...
The external financial position of Nigeria is currently threatened by a British court decision, which requires the country to pay damages of $9...
Cameroon, Rwanda and Côte d'Ivoire are the sub-Saharan African countries that have a greater capacity to adjust their public spending in the event of a...
The governor of the Central Bank of Nigeria, Godwin Emefiele (pictured) called on local fund managers in the UK to invest in naira-denominated bonds. The...
Nigerian real estate company LandWey just took over 25% interest in the capital of Vistafront, an online platform for funding real estate projects. The...
Kenya’s payment solution provider DPO Group makes a new step as part of its Africa expansion strategy. The company completed the acquisition of South...
Nigerian tycoon Aliko Dangote’s Dangote Cement continues to face difficulty in its expansion journey in Africa. According to official financial statement...
The African Development Bank in Nigeria met a private sector consortium from China to help attract investment through partnerships in the development of...
Bushveld Minerals, the biggest vanadium producer in South Africa, says it has postponed its second listing on the Johannesburg Stock Exchange to next...
Africa’s largest wind farm, a €620 million energy masterpiece boosting 365 turbines in northern Kenya, will help the East African nation stay on...
Germany’s building materials company HeidelbergCement, which owns 62.5% of Ciments du Maroc, announced it has signed a deal to acquire two cement projects...
Africa Infrastructure Investment Management (AIIM), a fund manager fully controlled by JSE- and LSE-listed insurer Old Mutual, missed target for the final...
Live News
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Algeria: First post-Bouteflika ballot scheduled for December 12
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ECOWAS countries pledge 5-year $1 bln anti-terrorism program
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Cameroon : Attorneys’ strike action effectively starts today
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Camair-Co : Employees have not received salaries since July 2019 (Staff representatives)
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G5 Sahel heads of State throw their weight behind Desert to power initiative
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African Development Bank launches US$ 2 billion 1.625% Global Benchmark due 16 September 2022
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Cameroon : Douala port creates department for management of dredging activities
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Cameroon launches survey to boost competitiveness in money transfer costs
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Togo: US embassy’s Emerging Voices Center recruits 12 tech entrepreneurs
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IMF, for the second time this year, scales up its forecast for Togo’s economic growth
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