Tunisian Banking in Perpetual Transition, Shows Signs of Progress
With some 20 banks competing, the Tunisian banking sector appears dense and rich, but it is still heavily weighed toward state-owned banks.
View ArticleLackluster Year for the Casablanca Stock Exchange
The Casablanca Stock Exchange (CSE) has had a rather sluggish year in 2008, yet emotionally busy for investors who witnessed uncertainty and drama.
View ArticleAttijariwafa Bank in a Three-Horse Race to Control African Banking
The North Africa Journal : Three African banks have been racing to expand their presence in the continent. Among them is Morocco's Attijariwafa Bank, which has been facing the Togo-based Pan-African...
View ArticleMerger of Tunisian and Libyan Banks in the Offing
Sources in Tunis report that the governments of Libya and Tunisia are currently negotiating the terms of a merger of three banks to create a bi-national financial entity capable of financing large...
View ArticleDebit and Payment Cards on the Rise in North Africa
The use of debit cards remains in its infancy in North Africa, with various levels of penetration from one country to another.
View ArticleLibyan Investments Abroad on the Rise, New Focus on Africa
Most of the coverage about Libya the past few years has been about foreign investors pouring money into the promising oil and gas sector of the newly reopened North African nation.Very little has been...
View ArticleLibya’s Billions in Search of Projects
Libya is moving fast to catch up with oil-rich Gulf nations that have set up lucrative investment funds to acquire assets around the world. However, Libya’s entry into the global investment community...
View ArticleAfrica Wants to Attract Islamic Banking Investors
In less than a decade, the value of the Sukuk market, financial instruments that are the Islamic equivalent of bonds has reached an impressive $112 billion and Africa is being eyed by Islamic bankers...
View ArticleBCP Absorbs BP Casa, Sets Stage for New Growth
[The North Africa Journal | Banking] BCP Bank has absorbed Moroccan peer BP Casablanca, in a transaction officially endorsed by Stock Exchange authorities. CFG Analysts (Casablanca Finance Group) say...
View ArticleInside the Tunisian Leasing Sector
[The North Africa Journal] The Tunisian leasing sector currently boasts 10 active companies competing for the market. Most of them are bank subsidiaries which have been set up in the 1990’s in a move...
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