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A Record Raise Against the Grain

Six weeks after Fitch downgraded it to sub-investment grade and walked away, Afreximbank closed its largest-ever syndicated loan — $2 billion from 31 lenders across four continents. Markets said yes where rating agencies said wait. The story behind a defiant transaction. KEY FIGURES $2B FINAL FACILITY SIZE Largest syndication in Afreximbank history31 PARTICIPATING LENDERS Europe,...

Vista Group Holding Assumes Majority Control of BAC: A Strategic Pivot for Financial Inclusion in Chad

Ndjamena – In a move that significantly alters the financial landscape of Central Africa, Pan-African banking institution Vista Group Holding has officially secured a majority stake in Chad’s Banque Agricole et Commerciale (BAC). This acquisition marks Vista Group’s strategic entry into the Chadian market, signaling a new era of aggressive expansion and a renewed focus...

CMOC Strengthens DRC Foothold: Tenke Fungurume Mining Secures Coveted LME Registration for Copper Cathodes

Lubumbashi – In a significant development for Central Africa’s mining sector and the global copper supply chain, Chinese mining giant CMOC Group has achieved a major commercial milestone in the Democratic Republic of Congo (DRC). On March 27, 2026, the group announced that the “TFM-1” brand of copper cathodes, produced by its subsidiary Tenke Fungurume...

Professor Victor Mbarika Unveils 100 Million FCFA Initiative to Empower Cameroonian Press

In preparation for World Press Freedom Day (May 3, 2026), the President of The ICT University, Professor Victor Mbarika, has launched a FCFA 100 million support fund to assist journalists in Cameroon. Many journalists continue to work under very difficult conditions, with limited resources and declining advertising revenue. This initiative aims to provide direct support...

Casablanca, Mauritius, Kigali: A New Map of African Finance

As the world’s leading financial centres navigate a period of broad caution, three African cities are emerging as the locomotives of a new continental financial cycle. The GFCI 39 — published on 26 March 2026 — reshuffles the hierarchy and names its frontrunners through to 2028. An in-depth analysis. Published on 26 March 2026 by...

Eye Haïdara: Taking Center Stage at Cannes 2026

The Cannes Film Festival has chosen its grand ambassador for the 79th edition. The 43-year-old French-Malian actress Eye Haïdara will preside over the opening and closing ceremonies of the world’s most prestigious cinema event, running from May 12 to 23, 2026 Plural Roots and a Theatrical Foundation Born on March 7, 1983, in Boulogne-Billancourt to...