Exceptional Growth in Bank Credit Supply in Togo in 2022: A Comparative Analysis with West African Countries

2023-07-14 15:39:00 (Togo First) – In 2022, Togo saw the highest annual growth in bank credit supply, the amount of credit offered by the country’s financial institutions to potential borrowers. Over the period, the supply recorded in the country far exceeded that of the other members of the West African Economic and Monetary Union (UEMOA). … Read more

Norway’s Phosphate Discovery Threatens Morocco’s Dominance: Implications for African and EU Markets

2023-07-05 11:23:00 (Agence Ecofin) – At the end of last week, several international media relayed the news of the discovery of a deposit of phosphate rocks of 70 billion tons in Norway. If the European Union has already welcomed the discovery, the information should not only make people happy, especially in Africa. Morocco, currently the … Read more

Russian Yuan Bond Market Set to Reach 80 Billion Yuan in 2023: Latest Updates and IPO Forecasts

2023-06-14 11:00:14 In 2023, companies may issue yuan bonds for another 56.3 billion yuan (656.9 billion rubles) in the Russian market. Anatoly Popov, Deputy Chairman of the Board of Sberbank, told reporters about this on the sidelines of the St. Petersburg International Economic Forum (PMEF). Thus, the entire potential of the bond market in Chinese … Read more

“Extended Social Tariff for Gas and Electricity: Impacts and Changes for Vulnerable Households”

2023-05-26 14:57:27 The extended tariff was introduced in 2021. This tariff, which is less expensive than the standard tariffs, is aimed at households in a precarious situation such as, for example, people benefiting from a survivor’s income or who receive a disability allowance. The extension applied to those who received an increased allowance. From July … Read more

major oil companies began to return money to shareholders

2023-05-09 07:57:14 Oil and gas companies have accumulated a huge amount of free money, which has never happened in recent history. Tens of billions of net profits have accumulated in their bank accounts. Wall Streeters have a few ideas on how to spend it. Moreover, investment in new drilling is far from being at the … Read more

“CEMAC vs WAEMU Central Banks: Analysis of Foreign Exchange Reserves Management and Profitability”

2023-04-16 11:49:00 (Ecofin Agency) – It has already been two years since the WAEMU central bank withdrew its assets from the operations account which was housed in the French Treasury and their management is still not profitable. In the CEMAC zone, the BEAC continues to enjoy guaranteed returns, but all things considered, the end result … Read more