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 vehicle Bosquet Investments Ltd, they executed two major deals that are redefining the continent’s financial power dynamics. On August 15, Bosquet Investments Ltd — owned...

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 SME lending to unlock sustainable growth, while navigating macroeconomic volatility through risk-mitigation strategies and regional diversification. Africa’s investment landscape is shifting. Fueled by demographic growth,...

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 at an exchange rate of 2,776 Congolese francs per US dollar, aims to alleviate pressure on the exchange rate and curb speculative activity surrounding the...

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 in Malabo, the capital of Equatorial Guinea. The agreement, signed on August 18, 2025, represents a significant milestone in the country’s drive to expand its...

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 Nkontchou, for the acquisition of a 21.22% equity stake in ETI. The transaction, subject to regulatory approval, represents a strong vote of confidence in the...

In 2024, the volume of bank loans classified as at risk surged to CFAF 205 billion, according to the African Development Bank. This nearly 20% year-on-year increase pushed the ratio of non-performing loans to 10.2% of total outstanding credit—its highest level in several years. Libreville – The latest report from the African Development Bank (AfDB)...

In a time of rapid economic transformation, Africa’s banking sector is emerging as a strategic pillar for development and regional integration. The continent’s top 30 banks, spanning both mature markets and fast-growing economies, are posting strong performances fueled by diversified portfolios, demographic growth, and the rise of intra-African trade. Their influence now extends far beyond...

Visa has announced the appointment of Aminata Kane Ndiaye as Senior Vice President for West and Central Africa. She will oversee a strategic region covering 23 markets, with the regional headquarters based in Abidjan. Proven, Multidimensional Leadership Before joining Visa, Aminata Kane amassed over a decade of experience in digital financial services and telecommunications. She...

Heirs Holdings celebrates 15 years of impact, catalyzing transformation across Africa through strategic investments in critical sectors. The group has a $10.2 billion portfolio spanning 24 countries across four continents. (Heirs Holdings) Founded in 2010 by Tony O. Elumelu, CFR, Heirs Holdings embodies Elumelu’s core philosophy of Africapitalism: combining profit with impact, transforming lives, and...