Latest News Bank & Insurance

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.

Development Bank

08/01/2021 at 15h09, by Aurelie Benoit

George Agyekum Nana Donkor seeks auditors for EBID

The financial institution is calling for two tenders to audit its operations and its financial and organisational...

Bank

08/01/2021 at 14h58, by Valentin Grille

FMO draws on Nasira fund to provide $50 million for Equity Bank Kenya

The liquidity is intended for SMEs to counter the effects of the pandemic on the Bank of Nairobi.

Insurance

08/01/2021 at 14h47, by Aurélie M’Bida

Pathé Dione leads Sunu’s acquisition of Allianz Congo in Congo-Brazzaville

After Burkina, Mali, Togo, Benin and Central Africa, the pan-African insurer is to take over a new asset...

Bank

31/12/2020 at 09h29, by Africa Business+

“Our development will remain focused on East Africa”(Lawrence Kimathi, KCB)

Questions to Lawrence Kimathi, group financial director of Kenya Commercial Bank (KCB), Kenya’s largest...

Agri-food industry

23/12/2020 at 15h00, by Donald Paul

CHO Group wants to raise another €30 million from the IFC

Abdelaziz Makhloufi, Moncef Rekik and Abderazzak Tounsi, seek the IFC’s support to develop CHO Group’s...

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