News

La Fondation BGFIBank finance un incubateur des métiers de la gestion à INSG au Gabon

07-23-2021 | 10:19:00
la Fondation BGFIBank et l’Institut national des sciences de gestion (INSG) portant sur la construction et l’équipement d’un incubateur des métiers de la Gestion au sein de cet établissement supérieur, une structure qui permettra d’accompagner les startups dans le développement de projets innovants.

AfDB and Ethiopia sign $118 million to support agro industrial park, youth employment and power interconnection

07-23-2021 | 09:43:00
The African Development Bank Group (AfDB) and the Government of Ethiopia have signed two separate grant agreements for new projects to boost youth employment and electricity trade between Ethiopia and Djibouti.

Price competition inhibits growth potential of Kenya’s insurance market, AM Best report

07-23-2021 | 08:59:54
Challenging economic factors in 2020 made it a difficult year for Kenyan insurers and reinsurers.

Fitch affirms Triple A-rating of the African Development Bank, outlook stable

07-23-2021 | 07:20:11
Fitch said the triple-A rating was driven by the ‘extraordinary support’ of the Bank’s shareholders.

AfDB launches extractives sector project to stimulate domestic resource mobilization in Africa’s transitional countries

07-22-2021 | 15:18:00
The African Natural Resources Centre of the African Development Bank (AfDB), has launched a first of its kind Financial Modelling for the Extractives Sector (FIMES) project aimed at strengthening domestic resource mobilization.

Standard Chartered appoints Khurram Hilal as CEO of global Islamic banking arm Saadiq

07-22-2021 | 09:25:06
His appointment is in line with the Bank’s objectives of strengthening its Islamic banking offering across its global network.

Afreximbank backs Vista Group acquisition of BICIGUI and BICIAB

07-22-2021 | 09:21:29
The stakes in the two banks, which operate in Guinea and Burkina Faso respectively, are being acquired from BNP Paribas who is exiting these markets for operational reasons.

FMO invests $10m in REGMIFA, the regional MSME investment fund for Sub-Saharan Africa

07-21-2021 | 13:51:00
REGMIFA, the Regional MSME Investment Fund for Sub-Saharan Africa, has attracted a further $10 million from Dutch-based entrepreneurial development bank FMO.

Standard Bank offers to acquire 100% of Liberty Holdings, South Africa

07-21-2021 | 10:46:00
Standard Bank Group (SBG), is proposing to buy 100% of Liberty Holdings and to integrate Liberty more closely into the greater group.

African Development Fund extends $4.25m loan to modernize tax collection, boost revenue in Lesotho

07-20-2021 | 09:18:00
The African Development Bank approved a loan of $4.25 million to the Lesotho Revenue Authority to provide digital tax services, including e-taxation and e-payment, that will broaden the country’s tax base and boost government revenue.

IFC appoints Carlos Katsuya as Senior Manager for Angola, Botswana, Mozambique and Zambia

07-20-2021 | 08:58:00
IFC has appointed Carlos A.T. Katsuya as its new Senior Manager for Angola, Botswana, Mozambique and Zambia. In this role, he will lead IFC's work across the four countries to strengthen the private sector.

Efficacité énergétique et solutions innovantes, appel à candidatures pour les start-up

07-19-2021 | 12:38:00
L’association Light On organise, jusqu’au 31 juillet prochain, avec le soutien du Groupe de la Banque africaine de développement et d’autres partenaires, le concours « Salon de l’énergie et du développement durable » (SEDD for Innovation).

[Mauritanie] L'AfDB accorde dix millions d’euros à la BCI pour renforcer le rôle des PME dans la relance économique

07-19-2021 | 12:23:00
Le Conseil d'administration de la Banque africaine de développement (AfDB) a approuvé une ligne de crédit de dix millions d’euros à la Banque pour le Commerce et l’Industrie(BCI) de Mauritanie afin de renforcer ses activités de financement du commerce international en faveur des petites et moyennes entreprises dans des secteurs stratégiques.

Close partnership between India and Africa could improve the welfare of 2.5 billion people post Covid-19

07-19-2021 | 12:13:58
The Covid-19 pandemic has provided the impetus for a stronger partnership between India and Africa with potential benefits to both as they build back sustainably after the crisis, experts attending the 16th CII-Exim Bank Digital Conclave on India-Africa Project Partnership affirmed.

Bank of Kigali named Best Bank in Rwanda in the 2021 Euromoney's Awards for Excellence

07-19-2021 | 10:27:00
Bank of Kigali has emerged as the best Bank in Rwanda during this year's Euromoney Awards for Excellence 2021.