Morocco: Saham Insurance Joins Khalladi Wind Farm Capital

Saham Assurances acquired 24% of the capital of Khalladi Wind Farm. The announcement was made Monday, March 11 via a statement from ACWA Power...

Partnership agreement between BMCE Capital and ARM

BMCE Capital, the Investment Banking division of the BMCE Bank Group, and the investment bank of the ARM Group (Asset and Resource Management) signed,...

Tunisian STB, the best digital bank in North Africa

The Tunisian Bank Corporation has been awarded Best Digital Bank in North Africa and the most responsive bank in this field by the Arab...

Towards unification between the CFA Francs CEMAC and UEMOA?

Meeting last week in Bangui (Central African Republic), the Franc Zone Convergence Committee (COCOZOF) carefully avoided the annoying subject, namely the recurrent criticisms of...

Global financial crisis on the horizon: Africa in communicating vessels

African stock markets plummet at the end of the first quarter of 2019. All studies show, the rise in interest rates of the Fed...

Access Bank Secures $ 162.5 Million Syndicated Loan

The Nigerian bank, Access Bank, signed a subordinated syndicated loan agreement worth 58.18 billion naira ($ 162.5 million) on Monday (March 11th) with a...

Societe Generale supports Ghanaian SMEs

French bank Société Générale (SG) announces the disbursement of $ 126 million to support Ghana's small and medium-sized enterprises (SMEs) as part of its...

Temenos chosen to drive Vista Bank’s digital transformation in Africa

The African bank challenger, Vista Bank, has partnered with the banking software specialist Temenos to drive its digital overhaul in its markets on the...

Wifak Bank prepares the first Islamic bond loan in Tunisia

On 7 March 2019, Wifak Bank General Manager Mohamed Mellousse announced that he had obtained authorization from the bank's board of directors to launch...

Kenya: banks want to protect the financial sector against money laundering

Faced with the press on March 6, 2019 in Nairobi, Joshua Oigara, the president of the Kenyan Bankers Association (KBA) said the banks support...

Actuarial tables: history of redemptions, episode 2

Written by Eric MANIABLE and Raissa FOTIA SANTSA. In the previous episode, our actuaries had built surrender rate tables based on the seniority of the...

Egypt: Attijariwafa bank joins forces with Global Lease to support SMEs

The Egyptian subsidiary of Attijariwafa bank has signed a memorandum of cooperation with Global Lease to finance and support SMEs in the country. According to...

Kenya: Danish fund invests around USD 12 million in Sidian Bank

Following nine months of negotiations, the Kenyan bank Sidian Bank has signed a capital injection of 1.2 billion Shillings (about 12 million USD) with...

Fitch pessimistic about the 7 major Moroccan banks

In a new report on Moroccan banks, an improved version of the two previous ratings of 2013 and 2016, the rating agency Fitch Ratings...