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Nigeria raises €452 million in Treasury Bills
The auction fetched lower yields than the previous one.
Morocco's insurance premium rose by 6.3 per cent in 2014
Morocco now has 17 insurance companies.
Kenya: Banks bad loans up 32 per cent
Loans have increased by 22.4 per cent.
National Bank of Canada purchases stake in Ivory Coast's NSIA
This is the second African investment for the Canadian Bank.
Experts recommend axing the CFA franc to strengthen financial integration in West Africa
They called for the creation of a single currency in the ECOWAS.
Financial inclusion crucial for growth in Africa, say experts
They called for the promotion of new technologies to move towards greater inclusion.
Nigeria: Banks given until June to submit recapitalisation plan
Some Nigerian banks do not meet the minimum Capital Adequacy Ratio under Basel II.
Ecobank has awarded $280 million in additional financing to SMEs in 2014
This increase is mainly due to the technical assistance program offered by the International Finance Corporation.
Moody's lowers Ghana's credit rating
The US agency justified this decision by citing the country's growing debt burden.
Nigeria: CBN disburses N40.3 billion to MSME fund
Collateral requirements have also been relaxed.