Côte d’Ivoire: 14% increase in bank balance sheet total in 2018

According to the Treasury and Public Accounting Department of Côte d'Ivoire, the country's banking sector recorded a balance sheet total of 12,000 billion CFA...

Should we abandon the CFA franc?

By Amath Ndiaye, Senior Lecturer, University Cheikh Anta Diop of Dakar. The debate on the CFA arouses a lot of passions, because it sends us...

Insurance: Asia catches up with Europe and Africa stagnates

The volume of premiums issued in life and non-life is down slightly for Africa (1.3%) over the period 2013 to 2017 (US $ 70.3...

Rwanda: South African Sanlam merges Saham and Soras

South Africa's insurer and financial services group, Sanlam, has announced the complete resumption of the Rwandan insurance companies Soras Assurance General Ltd and Saham...

Egypt: Government announces plan to reduce public debt

In a statement released on Monday, Egyptian Finance Minister Mohamed Moeit outlined his department's strategy to reduce the debt-to-GDP ratio to 93 percent in...

Reinsurance: the CGS-D in contraction

At the end of the first half of 2018, the Gabonese reinsurer saw a decrease of 2.56% of the turnover compared to the same...

Ivorian State bonds subscribed at 157% on the regional market

Ivory Coast lifted Monday, a total of 47.27 billion FCFA in the regional market of the West African Economic and Monetary Union (UEMOA) and...

South Africa: Agri-Life Fund acquires 36.5% stake in Jumbo Brands

Agri-Vie Fund II has acquired a 36.5% stake in Jumbo Brands, an agribusiness firm in South Africa. Indeed, the investment fund is supported in this...

Société Générale shows its ambitions on the Ghanaian market

French bank Société Générale has announced its goal of increasing its market share in its Ghana operations to 7%. "We aim to increase our market...

Does France have a “right of veto” in the African central banks of the...

Economist and banker Cheickna Bounajim Cisse has just published "FCFA - Hidden Face of African Finance" (Ed BoD, 2019). The author reviews the controversy...

Togo: banks still face solvency problems

According to the Evolution of the Togolese Financial System presented in the National Development Plan (NDP), the analysis of the performance indicators of the...

Tunisia: Salim insurer’s indicators rise in 2018

According to its results not yet audited, the Tunisian insurance company Salim recorded, in 2018, a 13% increase in its turnover which goes from...

Nigeria: suspension of Guinea Insurance activities

In Nigeria, Guinea Insurance Plc's activities were suspended by the National Insurance Commission (NAICOM) in a decision issued on January 29, 2019 by the...

Tavona Biza appointed to head Old Mutual Ghana

The Ghanaian subsidiary of the Old Mutual Insurance Company has announced the appointment of a new General Manager in the person of Tavona Biza. Until...