logo
News
Financial
Showing  1 to 12  of 41 results

Projected budget : Reducing debt by 50 % by 2029

Boosting economic performance Seychelles’ BB- credit rating with a positive outlook signals a bright economic future, according to a senior government official, who pointed to solid

madagascar VAT GEFP financial

Issues regarding VAT arrears reignited

Seeking a mutual interest agreement The Minister of Industrialization and Trade, David Ralambofiringa, recently held a meeting with the Group of Free Enterprises and Partners (GEFP).

madagascar AFG Holding Acces Banque

Five access subsidiaries acquired by AFG Holding

Aiming to become an integrated Pan-African Banking Group Atlantic Financial Group (AFG), based in Côte d’Ivoire, has acquired the microfinance operations of five Access Group subsidiaries,

seychelles central bank interest rate

Key interest rate maintained at 1.75 % by Central Bank

Economy driven by tourism In the last quarter of 2024, the Central Bank of Seychelles (CBS) announced that it would maintain its accommodative monetary policy while

seychelles banking financial

Soon the end of financial transactions by check

Ongoing discussions with economic stakeholders As of May 1, 2025, the Seychelles will begin phasing out checks in financial transactions, aiming to shift its financial system

madagascar economy microfinance

Support for microfinance institutions

Expanding agencies into rural areas By the end of 2023, the 16 member institutions of the Professional Association of Microfinance Institutions (APIMF) had a client base

seychelles virtual assets

Virtual Assets : National assembly approves the bill

Adhering to detailed and strict criteria A new bill has been unanimously passed by the Seychelles National Assembly to regulate virtual asset providers.The bill was submitted by the

seychelles UAE agreements financial

Seychelles – UAE : Agreements on cross-border transaction settlements

Facilitating bilateral trade and direct investment The Central Bank of Seychelles (CBS) and the Central Bank of the United Arab Emirates (CBUAE) have signed two memoranda

mauritius summit ESG

Summit on ESG reporting and sustainable development

Addressing the essential principles and importance of ESG The 2024 ESG (Environmental, Social, and Governance) and Sustainability Reporting Summit is taking place in Mauritius. Industry leaders,

madagascar world bank partnership

Country Partnership Framework : 34% of financing allocated to infrastructure

Fostering inclusive and resilient growth in Madagascar In March 2024, the World Bank had a USD 4.1 billion portfolio in Madagascar. This includes 26 national projects

Decentralized finance : OECD presents its latest report

Improving the bank account rate The 17th joint conference of the OECD and the Regional Center of Excellence occurred at the Méridien on June 20 and

madagascar DGI FMFP

DGI – FMFP : Strengthening corporate tax skills

Updating tax knowledge A one-year partnership has been signed between the General Tax Directorate (DGI) and the Madagascar Vocational Training Fund (FMFP). This agreement aims to