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Morocco's Attijariwafa Bank to buy 75% stake in Rwanda's Cogebanque

21 October, 2016 Casablanca Stock Exchange
One of Morocco’s biggest lenders Attijariwafa Bank has acquired a 75 percent stake in Rwanda’s second-largest bank, Cogebanque few weeks after it…

Islamic Finance: 5 Sukuk Listings on BRVM amounting 1.3 Billion USD

20 October, 2016 BRVM Stock Exchange
The first listing reflects the commitment of the BRVM for the development of Islamic finance in the Regional Financial Market WAEMU. It will enhance…


Zimbabwe Clears IMF Arrears with $108Million DishOut

22 October, 2016 Zimbabwe
Zimbabwe has cleared its arrears with the International Monetary Fund (IMF), after paying $108 million on Thursday, the…

European Central Bank maintains rates as growth risks tilted to downside

21 October, 2016 International
The European Central Bank (ECB) left is key policy rates steady, as widely expected, but raised the prospect of…


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