West Africa
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Political risk heightened in Ghana
A recent by-election in Ghana has highlighted the continuing political risk for businesses in the west African state. Lord-Gustav Togobo,…
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Chair of SCG-Ré dies
Edouard-Pierre Valentin, chairman of the board of directors of Société Commerciale Gabonaise de Réassurance (SCG-Ré), has died peacefully in France,…
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Mauritania becomes one of first to sign pan-Africa trade deal
Mauritania has ratified the African Continental Free Trade Agreement (AfCFTA), making it one of the first African nations to take…
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New bridge reduces risks of trade between Senegal and Gambia
The risk of doing business between Senegal and the Gambia reduced last week as a new bridge linking the two…
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Conference explores waqf funding to support sustainable development in Guinea
The Islamic Research and Training Institute (IRTI) has participated in an international conference for waqf (a form of chairtable donation)…
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Insurance used to seal private-public partnership in Ivory Coast energy sector
The Ivory Coast government has restructured the debt of a nationally owned oil refinery, using an insurance instrument. Ivory Coast’s…
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Private sector involvement key to better governance in Guinea-Bissau
After a poor cashew harvest, Guinea-Bissau is hoping to use private sector developments to drive improved governance and an overall…
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New drive to improve corporate governance in west African businesses
The International Finance Corporation (IFC) and the west Africa regional stock exchange, Bourse Régionale des Valeurs Mobilières (BRVM), aim to…
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Equatorial Guinea sets up one-stop shop to help business
Equatorial Guinea’s business environment is set for improvement after the government launched of a one-stop shop for setting up businesses…
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EU, China and the US urged to reduce piracy risk in the Gulf of Guinea
International maritime organisation BIMCO has warned that piracy in the Gulf of Guinea is an unacceptable burden to seafarers and…
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Political risk continues to impact Cameroon ratings
Fitch Ratings has affirmed Cameroon's long-term foreign-currency Issuer Default Rating (IDR) at B with a stable outlook, saying political instability…
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Gabon’s prospects on rise, says Fitch
Fitch Ratings has revised the outlook on Gabon's long-term foreign-currency Issuer Default Rating (IDR) from negative to stable and affirmed…
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No new reinsurance trade barriers but many still exist, says Global Reinsurance Forum
The Global Reinsurance Forum (GRF) is concerned that significant reinsurance trade barriers are still in place worldwide, despite no new…
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AfDB backs business across west Africa
The African Development Bank (AfDB) has approved a $15m equity investment in Verod Capital Growth Fund III, a private equity fund…
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Financial support for Francophone states help, but risks remain
Two Francophone African countries are benefiting from International Monetary Fund (IMF) support but risks still remain, Fitch Ratings has warned.…
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Insurance regulation in Africa: CIMA – the benefits and challenges
Understanding changing insurance markets and regulatory developments is critical to making sure multinational programmes are compliant and competitive, no matter…
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Reducing the risk of climate change key to Ivory Coast success
Ivory Coast must urgently implement climate change measures if it is to secure long-term growth and reduce its risks, according…
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Into Africa: how risk managers can use global programmes as part of their strategy in this fast-changing area
There has been an uptick in protectionism in the insurance markets of many African countries, with regulators imposing measures such…
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Equatorial Guinea plans business boost after joining Afreximbank
Equatorial Guinea has become the 50th member state of the African Export-Import Bank (Afreximbank). Bank president Dr Benedict Oramah noted…
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UK boosts business links with Ghana
Ghana has become the first west African country to have a representative of the UK Export Finance (UKEF) stationed in-country.…