Africa Banking & Finance

African Development Bank, MASEN and RES4africa to co-organise training programme for Sahel countries

05-27-2022 | 12:07:00
The African Development Bank, MASEN and RES4Africa have agreed to join forces on a dedicated solar energy training programme in 2022, to foster the uptake of solar energy in five Sahel countries.

Ecobank Transnational Incorporated tient sa 34ème Assemblée Générale Ordinaire

05-27-2022 | 11:29:11
Ecobank Transnational Incorporated (“ETI”), la société mère du Groupe Ecobank, la première banque panafricaine présente dans 33 pays d’Afrique, a tenu sa 34ème Assemblée Générale Ordinaire (AGO).

Ecobank transnational incorporated holds its 34th AGM and shareholders approve resolutions

05-27-2022 | 10:29:44
Ecobank Transnational Incorporated (“ETI”), the parent company of the Ecobank Group, the leading pan-African bank with operations across 33 African countries, held its 34th Annual General Meeting (AGM), Côte d’ Ivoire.

IFC partners with NMG and KPMG on the 2022 top 100 SME awards in Kenya

05-27-2022 | 08:51:11
 IFC has partnered with Nation Media Group's Business Daily and KPMG on the upcoming Top 100 SME Awards in Kenya slated for later this year.

IFC, Averda ink deal to support waste management in the Middle East and Africa

05-27-2022 | 08:39:00
A landmark new agreement between IFC and Averda International, one of the largest privately owned integrated waste management companies in the Middle East and Africa, is helping to bring innovative waste solutions to emerging markets in the two regions.

Afreximbank strengthens support for Coalition for Dialogue on Africa

05-27-2022 | 08:31:00
Afreximbank has renewed its technical and financial support to the Coalition for Dialogue on Africa (CoDA), after two years of successful collaboration, the two institutions have embarked on a new three-year partnership.

AfricInvest FIVE joins mobility fintech Moove’s latest US$105m Series A2 funding round

05-26-2022 | 10:29:00
AfricInvest, a leading investment platform in Africa, is joining mobility fintech Moove’s latest US$105 million Series A2 equity and debt financing round through its Inclusion Vehicle (AfricInvest FIVE).

BAD, MASEN et RES4africa vont co-organiser un programme de formation pour les pays du Sahel

05-26-2022 | 09:58:00
La Banque africaine de développement, MASEN et RES4Africa ont convenu d'unir leurs forces dans le cadre d'un programme de formation dédié à l'énergie solaire en 2022, afin de favoriser l'adoption de l'énergie solaire dans cinq pays du Sahel.

Appel à des réformes fiscales innovantes pour mieux mobiliser les ressources intérieures en Afrique

05-26-2022 | 09:36:00
Un panel sur la mobilisation des ressources internes pour le financement du développement en Afrique a été réuni, en marge de l’ouverture des Assemblées annuelles du Groupe de la Banque africaine de développement qui se tiennent à Accra, au Ghana, du 23 au 27 mai.

African Development Bank, Swedfund collaborate to promote private sector participation

05-26-2022 | 09:30:43
The African Development Bank Group and Sweden’s Development Finance Institution, Swedfund International AB (Swedfund), have formalized an agreement to enhance private sector participation in independent power transmission line projects in Africa.

Wifack International Bank et Astree figurent dans le top 10 des plus fortes hausses de revenus en Tunisie

05-26-2022 | 09:22:00
Wifack International Bank et l’assureur Astree figurent dans le top 10 des plus fortes hausses de revenus, tous secteurs d’activité confondus, à fin mars 2022. Sur les trois sous ensemble banque, assurance et services financiers, la meilleure progression de revenus est venue des assureurs.

AfricInvest secures $411 million for its AfricInvest Fund IV

05-26-2022 | 08:32:26
AfricInvest Fund IV, which targets mid-cap companies in Africa, achieved its final closing with significant commitments, making it "the largest African fund" of AfricInvest since its launch in 1994.

AfricInvest obtient 411 millions $ pour son fonds AfricInvest Fund IV

05-26-2022 | 08:21:00
AfricInvest Fund IV qui cible des entreprises de moyenne capitalisation en Afrique a réalisé son closing final en obtenant des engagements importants qui font de lui « le plus grand fonds africain » d’AfricInvest, depuis le lancement de ses activités en 1994.

L’assureur marocain AFMA étend ses activités en Côte d’Ivoire

05-26-2022 | 08:11:00
Après l’acquisition d’une part majoritaire au capital du courtier ivoirien en assurance ACR, le marocain AFMA s’installe dans ce pays ouest-africain, et y implante une nouvelle structure. Dénommée ACR AFMA, elle évoluera dans le marché ivoirien du courtage en assurance.

Banking has the most valuable brands in Africa, followed by telecom and retail, report

05-25-2022 | 13:59:10
The growth of African banks in the ranking is facilitated by focusing on digital payments and online banking.

[Colonne] Akinwumi A. Adesina: Une révolution d'Afrique est en marche

03-25-2022 | 08:14:00
Le président du Groupe de la Banque africaine de développement, M. Akinwumi A. Adesina, a déclaré aux femmes participant à une conférence qu’elles font partie d’une révolution en marche en Afrique.

Moroccan economic growth could accelerate with full implementation of broad-based reforms, World Bank

01-12-2022 | 14:55:00
In order to achieve broad-based growth and job creation, the sustained implementation of a multifaceted and ambitious reform agenda will be essential, according to the World Bank’s Morocco Economic Monitor, January 2022.

[Niger] Projets de l'AfDB contribuent à améliorer les conditions de vie de millions de personnes

11-05-2021 | 08:55:00
En finançant de nombreux projets transformateurs au Niger, la Banque africaine de développement a contribué à l’amélioration des conditions de vie et de travail de millions de personnes.

[Column] Arnold Kavaarpuo: Considering the SME lending gap in West Africa 

08-18-2021 | 11:36:30
Despite their importance, access to capital is a key constraint to SMEs realising their full potential. SMEs are less likely to be able to obtain bank loans compared to large firms.

[Column] DeepPal Singh: The journey to digitization of a legacy bank

08-17-2021 | 09:27:38
If the 2008 recession caused a boost in financial technology innovation, appetite for experimentation, and a wave of fintech start-ups, then this time round it is more about delivering real change.

Tanzania’s financial sector could do more to boost gender diversity, IFC study

06-28-2021 | 08:12:00
A number of financial institutions in Tanzania were found to be performing well regarding gender equality at senior management levels, though gender gaps remain and more could be done to improve the position of women in the country.

[Interview] Lydie N Murorunkwere, CEO, JurisTax Rwanda ltd, Rwanda

06-20-2021 | 21:45:00
Lydie Nyombayire Murorunkwere from Rwanda has over 15 years of successful business management experience providing strategic and operational leadership. She holds a Masters in Business Administration from Lyon, France and now is the Director of JurisTax Rwanda ltd, a company which specializes in Company Formation, Fund Administration and Investor Services, Provision of Professional Services and Financial Advice.

[Interview] Lydie N Murorunkwere, Directrice, JurisTax Rwanda ltd, Rwanda

06-20-2021 | 21:03:00
Lydie Nyombayire Murorunkwere du Rwanda a plus de 15 ans d'expérience réussie en gestion d'entreprise en fournissant un leadership stratégique et opérationnel. Elle est titulaire d'une maîtrise en administration des affaires de Lyon, en France, et est maintenant le PDG de JurisTax Rwanda ltd, une société spécialisée dans la création de sociétés, l'administration de fonds et les services aux investisseurs, la fourniture de services professionnels et de conseils financiers.

[Interview] Mahesh Doorgakant, Chairman, Mauritius Finance

05-26-2021 | 09:42:29
Over the last two decades, Mauritius has been extremely successful in achieving rapid growth and substantial diversification of its economy.

[Column] Hany Fekry: A seismic fundamental shift is underway in Nigeria's digital banking sector

05-24-2021 | 13:45:00
Many in the payments industry have been predicting so for years. That digital payments are inevitable for the future.

[Column] Mokrane Sabri: Focusing on Africa’s growth and potential of the Blue Economy

04-09-2021 | 08:50:00
For years there have been numerous attempts to bring the continent together to create a continent-wide common market — a free trade area where all can benefit, but the attempts have yet to gain serious traction.

[Column] Ghana Msibi: Vehicle finance in South Africa at the cusp of a complete revolution

02-19-2021 | 14:48:00
With younger age groups starting to actively participate in the acquisition of assets, expectations on financial institutions and their offerings are changing rapidly.

[Column] Allan Wood: Impact Investment and the growing shift toward meaningful finance in Africa

01-22-2021 | 07:08:48
The current global trend towards more meaningful, purpose-led investment – otherwise known as Impact Investing – has shown there are real opportunities for a stable, growing investment portfolio that also reflects your beliefs.

[Interview] Sunil Kaushal, CEO, Standard Chartered, AME

01-06-2021 | 15:04:26
Sunil Kaushal is the CEO Africa & Middle East at Standard Chartered PLC. Sunil has nearly 30 years of banking experience in diverse markets.

Africa calls for international taxation systems reforms as it forges a common position on digital taxation

12-09-2020 | 13:58:00
In Africa, the renewed focus to raise additional financing for development and narrow the resource gap by accelerating Domestic Resource Mobilisation (DRM), has been at the center of the development strategy in recent years.