Banking

Wednesday 2 October, 2019
Ecobank topped the Lagos stock market by turnover, in H1 2019
Banking

Ecobank topped the Lagos stock market by turnover, in H1 2019

Lomé-based Ecobank Transnational Incorporated (ETI) was the first bank listed on the Lagos stock exchange by turnover in the first…
Friday 27 September, 2019
Government launches tender to pre-select actors interested in taking over UTB and BTCI
Banking

Government launches tender to pre-select actors interested in taking over UTB and BTCI

The government just took a step further in the privatization of its last two banks, UTB and BTCI.  The authorities…
Tuesday 24 September, 2019
Balance sheet total of Orabank Togo grew by nearly XOF100 billion in 2018
Banking

Balance sheet total of Orabank Togo grew by nearly XOF100 billion in 2018

Over the past year, Orabank Togo's balance sheet total grew by nearly XOF100 billion to XOF632 billion with a net…
Wednesday 11 September, 2019
AfDB wins global award for procurement excellence
Banking

AfDB wins global award for procurement excellence

Earlier this week, the African Development Bank (AfDB) was recognised for procurement excellence by the Chartered Institute of Procurement &…
Monday 9 September, 2019
Banque Atlantique's mobile app now available in all WAEMU states, Togo included
Banking

Banque Atlantique's mobile app now available in all WAEMU states, Togo included

Togolese clients of Banque Atlantique, which belongs to Morocco’s Banque centrale populaire (BCP), can now conduct their transactions online from…
Tuesday 3 September, 2019
Ecobank closes H1 2019 with $164.75 mln net result, 2% down YoY
Banking

Ecobank closes H1 2019 with $164.75 mln net result, 2% down YoY

Ecobank Transnational Incorporated (ETI), the Lomé-based pan-African banking group closes the first half this year with a net result of $164.75…
Wednesday 28 August, 2019
IFC exits Ecobank’s shareholding, sells its stake to Arise BV
Banking

IFC exits Ecobank’s shareholding, sells its stake to Arise BV

The International Finance Corporation has completed the sale of its 14.1% stake in Ecobank Transnational Incorporated (ETI) to Africa-focused Investment…
Thursday 4 July, 2019
Lomé-based Oragroup increased its capital to XOF69.415 billion
Banking

Lomé-based Oragroup increased its capital to XOF69.415 billion

Pan-African banking group Oragroup recently raised its capital to XOF69.415 billion, thus adding XOF6.097 billion to its initial capital. The…
Tuesday 2 July, 2019
On July 3, Oranbank Togo will reveal its new online banking platform, KEAZ
Banking

On July 3, Oranbank Togo will reveal its new online banking platform, KEAZ

Tomorrow, July 3, Orabank-Togo will launch KEAZ, its brand new digital platform. The platform “aims at allowing all strata of…
Friday 24 May, 2019
Oragroup to redistribute partial interests on 2013-2019 bond next June 4
Banking

Oragroup to redistribute partial interests on 2013-2019 bond next June 4

On June 4, 2019, those who subscribed to the 2013-2019 bond issued by Lomé-based Oragroup will receive quarterly interests. The…
Thursday 23 May, 2019
Cameroonian Ferdinand Ngon Kemoum appointed Oragroup’s new Managing Director
Banking

Cameroonian Ferdinand Ngon Kemoum appointed Oragroup’s new Managing Director

Cameroonian Ferdinand Ngon Kemoum is Oragroup’s new Managing Director. Former deputy MD of the group between October 2009 and September…
Friday 10 May, 2019
Regional mortgage financing fund (CRRH-UEMOA) raised its share capital to XOF9.589 billion
Banking

Regional mortgage financing fund (CRRH-UEMOA) raised its share capital to XOF9.589 billion

The regional mortgage financing fund (CRRH-UEMOA) raised its share capital to XOF9.589 billion (from 9.144 billion), by issuing 44,500 new…
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