The Board of the African Development Bank has approved the institution’s 2019 borrowing program to the tune of US$7.24 billion to be raised from the...
Expensya, a Franco-Tunisian firm that develops web and mobile expense management systems, raised $4.5 million from many investors.   The...
South Africa announces the launch, today December 14, 2018, of a ZAR2 billion (about $140 million) fund for SMEs, which is a partnership of the...
Development Finance Company of Uganda (DFCU Bank), a commercial bank listed on Uganda Securities Exchange, will receive $30 million from Proparco...
The share of Group Five, a South African company specialised in construction works, nearly doubled in value on the Johannesburg Stock Exchange on...
On December 9, 2018, Egyptian President Abdel-Fattah al-Sissi (photo) announced the launch of a guarantee fund to encourage Egyptian companies to make...
In a release published December 10, 2018, the Irish information services firm Experian announced that it would acquire Compuscan and Scoresharp, two...
Kenyan central bank and Kenyan Deposit Insurance Corporation (KDIC) announced in a statement published December 11, 2018, that they approved the...
Tunis stock exchange experienced its most important drop since May 2018 yesterday Monday 10, December 2018. This black Monday on the stock exchange was...
CDC Group, the development finance institution owned by the British government, invested $180 million in Liquid Telecom, the largest pan-African...
In 2017, the startup sector was dynamic. Indeed, the International Finance Corporation (IFC), a branch of the World Bank dedicated to the private sector,...
Consolidated Bank, Kenyan bank 85.8% owned by the government, announced on December 10, 2018, that it was seeking an investor, local or foreign, to invest...
While the international controversy over the purchase price of banana boxes by supermarkets in 2019 is growing for several weeks, we, African fruit...
The South African subsidiary of audit firm KPMG is actually wooing its public after scandal-marred months, an op-ed published by many South African media...
On December 7, 2018, the share of Kenyan bank NIC Bank rose by 32.45% on Nairobi stock exchange, to reach Ksh30 ($0.2930) a day after the announcement of...
In a statement published December 6, 2018, Bank Windhoek announced that it issued NAD66.60 million ($4.74 million) of green bonds, thus becoming the...
The humanitarian organisation Mercy Corps announced, in a statement published on December 4, 2018, that it commissioned the council cabinet Islamic...
The Omani cement group Raysut Cement announced, in a communique published on December 4, 2018, that it was planning to buy its Kenyan peer ARM Cement, in...
Halan, an Egyptian ride-hailing tech company, raised an undisclosed volume of funds during an operation managed by Singaporean Battery Road Digital...
The South African automobile distributor Motus Holdings (MTH) has just been listed on the  Johannesburg Stock Exchange (JSE), becoming the fourth...
Banque centrale populaire (BCP), a Morrocan bank listed on Casablanca stock exchange, is about to acquire the majority stake in a Senegalese...
On December 3, 2018, Société Tunisienne de Banque (STB) announced the issuance of  TND50 million (about $17 million) bond to fund its...
The African Development Bank (through its Trade Finance operations) has signed a US$20 million facility to finance Meridian’s operations in Malawi,...
Qalaa Holdings, an Egyptian private equity fund that funds energy and infrastructures projects, announces that it will invest EGP30 billion ($1.7...
On Tuesday 27 November 2018, the African Development Bank rated Aaa/AAA/AAA by Moody’s/S&P/Fitch (all stable) successfully priced a dual-tranche US$ 500...
Nowadays, with the proliferation of specialized digital channels and especially thanks to the TNT, the access to these media finally becomes affordable to...
Tunisair has launched a tender process to select a council cabinet for the sale and leaseback of five Airbus A320 Neo, a note published on November 28,...
The European Bank For Reconstruction and Development (EBRD) will provide a €1.1 million ($1.2 million) loan to Elec’ Recyclage, a Tunisian company...
Ghana plans to resort to sovereign bonds amounting to GH₵9.6 billion (about $2 billion) in the framework of a strategy to cover the 2019 budget...
The extraordinary general meeting of Tunisie Leasing & Factoring (T&F) decided to increase the company’s social capital by TND6.7 million (from TND45...
Vneshtorgbank, Russian Foreign Trade Bank, mistakenly assigned a $12 billion loan as granted to the Central African Republic, Reuters...
Even though they performed better than reference index funds (MSCI Emerging & Frontier Market ex SA, S&P Pan-African ex SA), funds investing in African...
On November 26, 2018, Algerian public oil company Sonatrach and Chinese conglomerate Citic signed an agreement for the construction of a phosphate...
Carlyle Group, the American firm presented as the world’s largest private equity group, could potentially lose $136.1 million on the investment...
The Egyptian financial services provider EFG Hermes plans to add insurance and mortgage lending to its services, Reuters reported on November 26,...

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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