dimanche 16 décembre 2018

Morocco: BCP raises nearly 200 million euros of subordinated debt

The People's Central Bank (BCP) has obtained the authorization of the Moroccan Capital Market Authority (AMMC) for the release of 2 billion dirhams (nearly...

Kenya: possible merger between NIC Bank and Commercial Bank of Africa

The National Industrial Credit Bank (NIC) group and Commercial Bank of Africa have announced that they are in talks about a possible merger between...

Broker Gras Savoye Becomes Willis Towers Watson in African Markets

Insurance broker Gras Savoye will now adopt the brand name Willis Towers Watson (WTW) on its African markets following its absorption at the end...

Senegal: BCP commits to phase 2 of the PES

The Banque Centrale Populaire (BCP) will accompany Senegal in phase 2 of the Emerging Senegal Plan which will be launched on the sidelines of...

HARVEST ASSET MANAGEMENT ADOPTS ATLANTIS SGO ASSET MANAGEMENT SOFTWARE

The 100% independent portfolio management company, Harvest Asset Management has chosen the asset management software ATLANTIS SGO, developed by INEXA CÔTE D'IVOIRE, to manage...

Mobile Money and Inclusion: PCO poses three founding acts in Senegal

The Banque Centrale Populaire (BCP) has just taken a majority stake in Wizall, a Mobile Money player with Total Sénègal among its shareholders. This...

Sawari Ventures Completes the First Close Of A Us$70 Million VC Fund to Invest...

Sawari Ventures today announced the US$35 million first closing of Sawari Ventures North Africa Fund I (SVNFI) during a press conference on the sidelines...

Togo now a member of Africa Finance Corporation

By Cédric T. Since 3 December 2018, Togo has become the 20th member state of the Africa Finance Corporation (AFC), an infrastructure development financial institution...

WARA assigns “BBB” rating to Senegal Housing Bank (BHS)

West Africa Rating Agency (WARA) announces the publication, on December 3, 2018, of the first rating of the Bank of Habitat of Senegal (BHS)....

Coris Bank International launches “Coris Money”

Coris Bank International launched "CORIS MONEY" on Friday, November 30, 2018 in Ouagadougou. It is an electronic purse that allows Burkinabe to send and...

Vantage Capital grants mezzanine financing to Pétro Ivoire

This transaction represents Vantage Capital's 27th mezzanine financing transaction on three generations of mezzanine funds, with its mezzanine investment portfolio now spread across nine...

Bank of Kigali will delay entry into Kenya even after its introduction to the...

Bank of Kigali does not intend to deploy full banking in Nairobi in the short and medium term, reports the local press quoting Diane...

Ivory Coast: Vantage Capital awards 12 billion FCFA to Petro Ivoire, now controlled by...

The Kadio-Morokro family, founder of Petro Ivoire, takes over the majority of the company with the exit of the capital of the funds of...

Nigeria: Diamond Bank license downgraded from international to national

Diamond Bank can now only operate in Nigeria as a national bank. The institution was notified of the decision by the Central Bank of...