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 aims to structure and strengthen the ecosystem for micro, small, and medium enterprises (MSMEs) nationwide, with a priority emphasis on women-owned and women-led businesses. From pledges to practical...

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 and other private sector players at the forthcoming 2025 United Nations General Assembly (UNGA). This year’s gathering at the UNGA, which is the 80th Edition,...

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, the meetings brought together technical partners, financiers, and global investors, signaling a renewed confidence in the government’s strategy and a fresh phase in CAR’s economic...

The Appeal of Conscience Foundation announced today that His Eminence Timothy Cardinal Dolan, the Archbishop of New York, and Tony Elumelu Chairman of Heirs Holdings, The United Bank for Africa, and Founder of the Tony Elumelu Foundation, will be honored with the Appeal of Conscience Award at the foundation’s Annual Gala, taking place on September...

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 global financial landscape defined by uncertainty and growing economic polarization, the African Export-Import Bank (Afreximbank) has emerged as a pivotal institution for trade finance and...

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...