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Finance

Maixent Raoul Ominga reappointed as head of Congo’s SNPC

On October 16, President Denis Sassou N’Guesso issued a decree appointing Maixent Raoul Ominga as Director General of the Société Nationale des Pétroles du Congo (SNPC) for a five-year term....
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Driving Africa’s Growth: UBA Launches Visionary White Paper on the Continent’s Next Frontier

UBA Leads African Economic Dialogue with New White Paper at IMF Meetings Africa’s leading global bank, United Bank for Africa (UBA) Plc, has once again demonstrated its commitment to driving...
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From Paris to Pan-African Builder: The Journey of Hassanein Hiridjee, the Voice Calling the Diaspora Home

Paris, October 5, 2025 – The 2025 edition of Africa Day will be remembered not only for its success but for the powerful convergence of the venue, the mission, and...
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BEAC Launches Regional Banking Institute to Strengthen Financial Expertise in Central Africa

The Bank of Central African States (BEAC) has announced the creation of a regional banking institute aimed at boosting training and expertise for financial professionals across the CEMAC region. This...
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DRC — Rawbank joins COPA-TRANSFORME to accelerate MSME growth, with a strong focus on women-led businesses

Kinshasa. Rawbank, the leading bank in the Democratic Republic of Congo, has formalized its partnership with the Congolese Government under COPA-TRANSFORME, a program co-financed by the International Development Association (IDA). The initiative...
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United Bank for Africa Hosts Global Leaders at UNGA 2025, Launches Whitepaper on Unlocking Africa’s Potential.

Africa’s Global Bank, United Bank for Africa (UBA) Plc is set to make a bold statement on the global stage as it will be gathering world leaders, policymakers, and investors...
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Casablanca 2025: $9 Billion in Pledges for the Central African Republic — A Confidence Test and an Accelerator for the 2024–2028 NDP

Casablanca (14–15 September). The Central African Republic (CAR) closed its investment roundtable with a milestone announcement: $9 billion in financing pledges—nearly CFAF 5 trillion—to support the National Development Plan (NDP) 2024–2028. Beyond the headline figure,...
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Shaping Africa’s Financial Future: Afreximbank’s Bold Global Ambition

Africa’s future depends on bold financial institutions. With solid ratings, robust assets, and global recognition, Afreximbank is positioning itself as the bridge between emerging potential and world-class credibility. In a...
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The Nkontchou Brothers: A Strategic Power Play in African Finance

In August 2025, Alain and Cyrille Nkontchou took a bold step forward in their mission to reshape Africa’s banking landscape. Through their pan-African investment fund Enko Capital and the private...
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Verdant Capital: Microfinance as a Strategic Driver in Africa’s Evolving Economy

As Africa undergoes rapid economic transformation, Verdant Capital emerges as a key player in inclusive finance. With a footprint spanning over 25 African countries, the firm is leveraging microfinance and...
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DRC: Central Bank Injects $50 Million into Banking Market to Support Congolese Franc

In an effort to stabilize the Congolese franc, the Central Bank of Congo (BCC) has recently announced the sale of $50 million to the country’s commercial banks. This operation, executed...
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Equatorial Guinea–BDEAC: 7 Billion CFA Francs to Complete a 4-Star Hotel in Malabo

The Development Bank of Central African States (BDEAC) has approved a financing package of 7 billion CFA francs for Molsa Groupe S.A. to finalize the construction of a four-star hotel...
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Ecobank Ushers in a New Pan-African Chapter with Bosquet Investments’ Strategic Stake

Ecobank Group has reached a significant milestone with the signing of a share purchase agreement between Nedbank Group Ltd. and Bosquet Investments Ltd., the private investment vehicle of Alain Francis...
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