Mozambican police arrest three officers who appropriated money stolen from a bank
The Mozambican police detained three officers of the corporation who seized money stolen in September by a gang at a bank branch in the central […]
Bank
Kenyan Diaspora sends home Sh12.9bn in May
Kenyans working abroad sent home Sh12.9 billion in May, a 7.6 per cent increase from the Sh11.9 billion remitted in May 2014. Yet, the government […]
Botswana GDP shrinks 1.30% in Q1 2015
The Gross Domestic Product (GDP) in Botswana contracted 1.30 percent in the first quarter of 2015 over the previous quarter, after expanding 3.3 percent in […]
Côte d’Ivoire seeks partners to take over Versus Bank
The spokesman for the Government of Côte d’Ivoire has announced in a statement that the government plans to issue an international call for tenders as […]
Atlas Mara Ltd. to Buy Finance Bank Zambia
Atlas Mara Ltd. is in talks to buy the troubled Finance Bank of Zambia Limited (FBZL) from its majority shareholder, Rajan Mahtani, according to a […]
The French Bank SOCIETE GENERALE seeks authorization in Togo
After Madagascar, Equatorial Guinea, Ivory Coast, Benin, Burkina Faso, Guinea, Cameroon, Ghana, Senegal, Chad, Morocco, Algeria and Tunisia, the French bank SOCIETE GENERALE has requested […]
Algiers plans gets World Bank support
The World Bank’s Vice President for the Middle East and North Africa Region, Inger Andersen, has assured Algeria of their continuous support in the expansion […]
Morocco gets renewable energy loan
Morocco has received a loan from the African Development Bank to be invested in its renewable energy programs. The 800 million dollar loan will allow […]
Algeria: Bank rating agency project under elaboration
A project is on its way to create a bank rating agency in Algeria. The announcement of the project’s elaboration was made by the general […]