(EBID) - The Board of Governors of the ECOWAS Bank for Investment and Development (EBID) concluded its 24th Annual General Meeting (AGM) in Accra, Ghana,...
PE surpasses VC in Africa — First time since 2019, private equity led deal volume in Q1 2026, signalling a structural market shift on the...
AFC disbursed €43 million for Côte d’Ivoire solar project Financing supports 66 MW plant to power over 100,000 homes Project highlights...
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BRVM-listed lender launches CFA1.5 billion capital increase Move aims to meet regulatory requirements and strengthen balance sheet Operation...
Ecobank posts $801 million in pre-tax profit for 2025, up 21% Cost discipline improves, with efficiency ratio falling below...
Gabon’s insurance market revenue fell 5.8% in Q4 2025 after strong growth in previous quarters. Life insurance revenue dropped 67%, driven...
Plan includes recovery commission, audits and possible asset seizures Move aims to strengthen governance and support industrial...
IFC considers $100m loan to Ghana International Bank Funds to support trade finance, disbursed in two tranches Deal targets Africa’s...
Gabon private sector credit rises 10.5%, dominates bank lending Government borrowing drops sharply; deposits fall, liquidity pressures...
IFC to approve €95m loan for OCP phosphogypsum facility Project supports 22m-ton storage at Jorf Lasfar complex Financing aids...
Ecobank Côte d'Ivoire 2025 net profit rises 10.45% to 63.48bn CFA Board proposes higher dividend; payout totals 48.9bn CFA francs Shares surge 64%...
Nigerian lender to open its first Francophone subsidiary on April 29 Move marks expansion into WAEMU’s largest banking market Entry comes as...
NSIA Banque CI, OEC-CI sign three-year SME support partnership Deal offers financing, training, and support for accountants and SMEs Aims to improve...
CEMAC non-performing loans fall to 16.0% in 2025, BEAC says Lending rises 10.7% despite tighter liquidity and higher borrowing costs Growth,...
Investec secures $200 million IFC loan for green housing finance Funds to support eco-buildings, affordable green home loans in South...
“Keur Samba” securitization bonds begin trading on the BRVM Operation backed by NSIA Banque CI and Orabank CI totals CFA52 billion Move aims...
Witti Finances Holding acquired a majority stake in Kajas Microfinance, entering the Senegalese market. The firm rebranded the entity as Witti...
The Democratic Republic of Congo priced its first dollar bonds below Angola and Congo-Brazzaville yields, two sovereigns already known to international...
AfDB launches initiative to redesign how Africa mobilizes and deploys capital Financing gap exceeds $400 billion despite large domestic...
Schiba plans to launch a life insurance subsidiary to expand its financial services arm. Côte d’Ivoire’s insurance market grew 10% in 2025, driven by...
Gisèle Mélanie Houngue appointed CEO of BGFIBank Benin, replacing Alexis Louéké Veteran of the group with over a decade in finance and audit...
EBID project commitments reached $813.77 million, up 83%, with approvals rising 50%. Focused on energy and transport, sectors critical to...
Raised $12.65 million, backed by Firstrand, Standard Bank, Allan Gray and the SA SME Fund Focused on early-stage startups, with first...
Afreximbank crossed the $1 billion net profit threshold in 2025 for the first time, a milestone driven by balance-sheet expansion and a maturing...
African insurance market seen reaching $166.1 billion by 2034 Growth driven by digitalisation, reforms, and financial inclusion efforts AI,...
CEMAC borrowing costs jump to 11.5% in late 2025 Higher fees, policy tightening drive rise despite stable nominal rates Credit grows, but governments...
Reforms aim to improve efficiency, attract investment, boost lending Move follows bank recapitalization and push to support real sector Nigeria’s...
Senegal banks’ holdings of government securities rise 123% in 2025 Treasury borrowing drives shift toward longer-term bond issuance Credit to private...
Nigerian bank completes full acquisition of Paramount Bank Kenya Deal marks Zenith’s entry into Kenya and broader East African...
AgDevCo provides $15 million mezzanine debt to Victory Group Funds will support expansion in Kenya and Rwanda, targeting 30,000 tons by...
29 African currencies weaken amid Middle East war, oil surge Rising import costs, debt pressures fuel inflation, food risks Institutions urge...
M-PESA evolves into major financial platform with 35 million users Telecoms, fintechs expand into banking, intensifying competition with...
Cascador to select 12 founders for 2026 ScaleUp programme combining mentorship and access to $2–5 million in catalytic funding Initiative...
New Casablanca-based firm targets M&A, capital raising, and strategic advisory Launch reflects rising demand for specialized financial advice in...

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