Latest News Bank & Insurance
Commercial banking
09/12/2019 at 15h22, by El Mehdi Berrada
Crédit Agricole du Maroc issues debt prior to increasing its equity capital (700 million-1 billion dirhams)
Managers at the publicly owned bank, which is focused on providing support to customers in rural communities,...
Bank
06/12/2019 at 18h03, by Africa Business+
BGFI expects to raise over $78m from its IPO
Central Africa’s leading bank is preparing an IPO on the BVMAC stock exchange in Douala by the end of...
Bank
06/12/2019 at 17h24, by Africa Business+
Bankia follows in the footsteps of Caixa and Banco Sabadell in Morocco
A new Spanish bank is seeking to take advantage of growing trade links between Morocco and Spain.
Bank
04/12/2019 at 18h53, by Africa Business+
Philippe Wattecamps, acting CEO at Banque Tuniso-Koweitienne
The French executive from BPCE will ensure continuity between the Tunisian bank’s former and new owners....
Bank
03/12/2019 at 15h06, by Aurelie Benoit
Citi’s CEO Nigeria at the head of the new Sub-Saharan Africa cluster
After almost two decades at the U.S. bank, Nigeria’s Akin Dawodu has been appointed CEO of Citi’s Sub-Saharan...
Insurance
03/12/2019 at 14h56, by Africa Business+
SocGen moves into the Tunisian insurance market
According to information obtained by Jeune Afrique Business+, the French banking group is set to launch...
Bank
26/11/2019 at 17h32, by Africa Business+
FirstRand in the spotlight after the withdrawal of RMB (34%) and Remgro (3.9%)
The largest shareholder in the South African financial group is planning to sell its assets and divest...
Bank
25/11/2019 at 14h08, by Valentin Grille
BHCI buy-out: Westbridge considering taking action against the Côte d’Ivoire government
The Canadian firm, which accuses Côte d’Ivoire’s ministry of finance of interfering it its takeover...
Bank
19/11/2019 at 16h53, by Aurelie Benoit
Kamal Mokdad (BCP) “goes green” thanks to the EBRD and the Green Climate Fund
The two institutions are seeking to grant loans to help the country’s second largest bank contribute...
Development Bank
18/11/2019 at 17h10, by Africa Business+
Samaila Zubairu broadens Africa Finance Corporation’s shareholding to AfDB ($50m)
AFC is Africa’s second largest multilateral financial institution and is increasing its funding programmes...
Bank & Insurance
14/11/2019 at 17h12, by Gaëlle Arenson
BOA/Wema Bank MoU: “We have no plans to take over the Nigerian bank.”
The memorandum of understanding signed last month between the subsidiary of BMCE Bank group and Wema...
Development Bank
14/11/2019 at 08h02, by Africa Business+
Adam Boehler (DFC) signs his first African deals
Barely into his term, the head of the new U.S. foreign aid agency has approved funding of $40m and sealed...
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