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...
Safaricom secured KES 20B ($154M) in a 176% oversubscribed green bond, funding tower solarisation to cut diesel costs permanently. Capital is deployed...
Fund backed by World Bank aims to ease SME access to bank credit Only 22% of SMEs secure loans; banking access remains limited at 7% The Central...
Angola, Gemcorp launch $500M Africa infrastructure fund based in Abu Dhabi Fund targets energy, minerals, food, water; FSDEA, Gemcorp...
FCFA appreciated against the dollar, yuan, pound, and euro Price competitiveness fell as the real effective exchange rate rose 1.2 % Inflation...
The Central Bank of Nigeria issued 82 final currency exchanges offices licences after revoking more than 4,000 non-compliant ones in 2024. The...
Egypt’s NBE secures $100M EBRD loan to boost MSME financing Funds target youth- and women-led businesses to support private sector growth EBRD...
ASA-CI proposes mandatory supplementary pensions for private-sector workers in Côte d’Ivoire Life-insurance penetration remains low at 0.6% of GDP in...
The appointment of the Moroccan executive comes at a key time for the Attijariwafa Bank subsidiary as it needs to keep innovating within a highly...
BYD to reach 35 South African dealerships by early 2026, accelerating plan EV market share rises to 2.4%, driven by hybrids and consumer...
Regulator expects two to three IPOs, including Ayrade and INSAG Education Group New entrants would join a market with only eight listed...
Government repaid about CFA1 200 billion from January to November 2025 Internal revenues reached CFA2 500 billion, equal to 105 % of...
Proparco offers a €1.5 million guarantee to support Teranga Capital’s SME investments. The mechanism lowers risk and backs a €3 million...
The appointment of Anselme Patipewe as Country Managing Partner (CMP) of EY Cameroon has been formally approved by the firm’s Global Executive, confirming...
WAEMU banking liquidity increased by CFA1,700 billion ($3.02 billion) in one year, according to BCEAO Governor Jean-Claude Kassi...
First National Bank Ghana secures $20 million BII loan to expand MSME lending Partnership targets wider credit access for MSMEs, key drivers of...
New law revises construction code and tightens insurance obligations All builders must obtain all-risk site coverage and 10-year liability...
TradeConnect offers guarantees for small international trade deals First agreement signed with Access Bank to share loan risk Tool aims to...
BCEAO keeps key lending rate at 3.25% and marginal rate at 5.25%. UEMOA growth reaches 6.6% in Q3; inflation falls to -1.3% Central bank...
Third project phase to install solar systems in 51 additional villages Only 20% of rural areas electrified; full coverage needs 874 billion CFA...
I&P closes €41m for IPAE 3, targeting €70m by 2026 Fund will invest €1-5m in 15-20 SMEs across West Africa and Madagascar IPAE...
Company to invest about $378 million globally over two years Africa to receive 94 % of funding, targeting seven key...
Dakar launches a CFA400 billion public offering, its largest of 2025 Funds will partly refinance short-term bank debt through longer...
IFC to provide $21.2M financing to Senegal’s Carrefour Médical Funds to expand local production, including dialysis kit components New...

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