Category: Business
South Africa-USA: Anger and concern after Trump’s tariffs
Donald Trump's latest tariff salvo continues to make waves. The imposition of 31% tariffs on South African products by Washington, announced on April 9th, has ... Read More
World stock markets: black Monday triggered by Trump’s tariffs
April 7, 2025 will be remembered as Black Monday for the world's financial markets. The reason: Donald Trump's surprise announcement of a new wave of ... Read More
Cameroon: CCA-Bank turns to Islamic finance
The Cameroonian government has released 6.7 billion FCFA in 2024 to rehabilitate 20 km of roads in Yaoundé and Douala. Many members of parliament, however, ... Read More
Cameroon: CCA-Bank gets COBAC approval to operate in Islamic finance
CCA-Bank takes a further step in the development of Islamic finance in Cameroon with the imminent opening of two branches dedicated to this segment, in ... Read More
Ivory Coast raises new $1.75 billion Eurobond
Ivory Coast just raised USD 1.75 billion (around FCFA 1,050 billion) on the international markets through an 11-year Eurobond issue maturing in 2036. The transaction, ... Read More
Congo: Bank lending down despite increase in the number of loans
The Congolese banking sector granted 15,030 new loans in the third quarter of 2024, up 27.66% year-on-year, but the total volume of loans fell 26.85% ... Read More
Gold prices on the rise
The price of gold fell on Friday on the back of a strong dollar. The greenback index rose by 0.23% to over 104. This strengthening ... Read More