Latest News Bank & Insurance

Development Bank

27/01/2021 at 19h00, by Africa Business+

Serge Ekué’s BOAD plans a meticulous Eurobond and a doubling of capital

The BOAD teams recall the bank could have mobilised much more than the €750 million raised at the end...

Insurance

27/01/2021 at 18h47, by Tarik Bargal

Why MAMDA is paying €184 million to increase share in Banque Centrale Populaire

The Moroccan insurer’s shares suffered dilution when it was excluded from a capital increase in 2019.

Bank

22/01/2021 at 16h45, by Africa Business+

Clifford Chance advises Tangier Alliance on financing for Morocco container terminal 3

Tangier Alliance, a subsidiary of Marsa Maroc, will place €133 million with four banks to finance part...

Bank

22/01/2021 at 06h39, by Africa Business+

Bank

20/01/2021 at 19h20, by Africa Business+

EBID loan to revive Mali’s Sélingué and Sotuba hydroelectric projects

The ECOWAS Bank for Investment and Development (EBID) will grant CFAF 6.5 billion to refurbish the Sélingué...

Bank

20/01/2021 at 04h03, by Africa Business+

Gideon Muriuki to strengthen Co-operative Bank of Kenya’s support to the country’s MSMEs

Kenya’s leading bank in terms of clients is knocking on the doors of development institutions to support...

Development Bank

19/01/2021 at 16h38, by Valentin Grille

CDC renews its confidence in Trade and Development Bank

The regional multilateral specialist bank will benefit from a fourth guarantee from the UK’s development,...

Bank

18/01/2021 at 16h08, by Gaëlle Arenson

Divestment of BTCI and UTB: Agir consortium withdraws leaving  Mahamadou Bonkoungou’s IB Bank as the favourite

Agir, the consortium led by businessman Oscar Daaga announced its withdrawal from the process, according...

Development Bank

18/01/2021 at 15h46, by Valentin Grille

Finnfund-OP vehicle: “An opportunity to attract private funds in impact investment.” (Markus Pietikäinen)

The Finnish development agency has finalised a $135 million impact investment fund with the country’s...

Bank

14/01/2021 at 16h43, by Omer Mbadi

Paul Fokam’s Afriland withdraws from Equatorial Guinea

The government takes back its shares for €45 million.

Bank & Insurance

13/01/2021 at 12h52, by Valentin Grille

After IFC, Enda Tamweel discusses financing with Triodos and Symbiotics

Faced with a lack of local liquidity, the microfinance institution seeks organic growth with foreign...

Insurance

12/01/2021 at 19h21, by Africa Business+

Heirs Insurance: Tony Elumelu already looking beyond Nigeria

The Nigerian entrepreneur’s Heirs Holding has recently entered the insurance business sector.

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