Cameroon microfinance institutions earned CFA5.24 billion in net profit in 2024. Net profit rose 54.5% year on year, according to Cobac. Cameroon...
President authorizes new buyer credit to expand national video surveillance Loan complements earlier financing from CITIC Bank and Bank of...
Swedfund commits $20 million to Helios CLEAR climate fund Investment targets low-carbon sectors and climate adaptation in Africa Move aims to...
Reopens November 2025 eurobond to raise an additional $260 million Original bond carries a 9.875% coupon and matures in November...
By Pierre-Samuel Guedj, impact investing and CSR expert in Africa, President of Affectio Mutandi and Chair of the CSR & SDGs Commission of the French...
Nigeria’s central bank revokes licences of Aso Savings, Union Homes CBN cites persistent regulatory breaches, undercapitalisation, governance...
Budgetary tensions in Senegal have renewed concerns about banking contagion within the West African Economic and Monetary Union (WAEMU). Despite a sharp...
Fund will support start-ups in maritime and blue economy sectors Launch planned at Lagos blue economy investment summit in March 2026 Initiative...
The African Development Bank secured $11 billion in pledges to replenish the African Development Fund. The amount rose from the previous cycle...
Gabon insurance turnover rebounds 72.3% in second quarter 2025 Recovery driven by construction, mining, life and non-life growth Claims surge...
Afreximbank awards $250 million Egypt headquarters contract to Hassan Allam Complex in New Administrative Capital to house global HQ,...
Ten banks showed a net capital deficit of CFA247.3 billion in 2024 Nearly 40% of banks failed to meet all capital prudential...
Banks’ exposure to sovereign risk rose to 32% of total assets in 2024 48.8% of banks’ treasury assets were invested in public securities Cameroon,...
Carrefour to enter Ghana retail market in 2026 via franchise Shoprite Ghana stores to be rebranded Carrefour from April 2026 Plan includes opening...
BEAC raises key interest rates to support CFA franc Policy rate lifted to 4.75% amid falling foreign reserves Shift reverses earlier easing criticised...
African companies raised about $220 billion in equity on local stock markets over the past 25 years Equity market capitalization rose...
Shelter Afrique Development Bank named Lionel Zinsou as board chair on December 15. He replaces Dr Chii Akporji, with Said Athman Mtwana appointed vice...
WAEMU foreign exchange reserves rose to about $33 billion by end-October 2025. Import cover increased to six months from 3.8 months in...
CardinalStone Capital Advisers plans to raise $120 million for its second SME-focused fund in West Africa. The International Finance...
CBK rates' cuts to 9.0%, is ending the 'rentier' era. Banks must now pivot from risk-free state bonds to private lending as inflation...
Bilateral trade surged 80% to hit $143m in 10 months, while Al Mana Holding committed $200m to a sustainable aviation fuel plant in...
EBRD approves €30 million loan to Benin’s state electricity utility Funding targets rural electrification, connecting 120,000 households...
Investment bank BCID-AES established  in Bamako Bank aims to fund infrastructure, agriculture, and energy projects in member states Key decisions...
BNP Paribas entered exclusive preliminary talks with Holmarcom to sell its 67% stake in BMCI. Holmarcom already owns 2.41% of BMCI and acquired...
IFC considers €75.25 million investment in cocoa processor Guan Chong Funds to expand cocoa processing plant in Côte d’Ivoire Project...
Cameroon’s banks posted a combined 208.5 billion CFA in net profit in 2024 The country accounted for 46% of total Cemac banking...
Membership grants access to project finance, equity, and risk tools Move supports Horizon 2035 plan to diversify beyond hydrocarbons Equatorial...
Belife Insurance joins Gozem’s Series B round to grow its digital footprint Partnership aims to deliver simple, accessible insurance through...
Proparco lends $23 million to Sonoco to build a 600-ton/day flour mill in Freetown Project aims to cut flour imports and supply regional...
World Bank opens first resident representation in Malabo, led by economist Juan Diego Alonso. Mandate focuses on inclusive growth, private-sector...
Nearly half of spending directed to social programs amid growth, financing pressures Lawmakers debate sustainability and external financing as...
The Central Bank reduces its policy rate to 9%, marking a ninth consecutive cut. Inflation remains contained at 4.5%, within the 2.5%–7.5% target...
Africa’s factoring volume rose from €21.6 billion in 2017 to €50 billion ($58.17 billion) in 2024. Afreximbank says the continent must...
Additional $800,000 brings MM Lekker’s total SEFAA financing to $1.2 million Company to expand farmer network, strengthen supply...
Chinese group plans a $100 million spinning and weaving complex in Egypt Project could create about 1,500 jobs and support exports to Europe and...

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