Managers of Wealth Africa

Carrefour takes chance on Africa

French retail giant Carrefour has announced plans to expand further into Africa

Banking In East Africa: Ready For Foreign Capital?

You have to call one guy who calls another guy

United Bank for Africa on Rebound

UBA did not only bounce back from the N6.8 billion loss it suffered in 2011

Standard Bank South Africa customers get real value rewards programme

Standard Bank South Africa has launched an exciting rewards programme

CDL TARGETS BUSINESS EXPANSION

Consolidated Discount House Limited (CDL) has assured shareholders of its commitment to the growth and expansion of its business.

Access Bank gets thumbs-up from ratings agencies

Access Bank’s leadership position on the African financial services landscape has been validated by recent upgrade of its ratings

Kenyan bank will launch South Sudan branch by end of July

Kenya’s Cooperative Bank on Friday announced plans to open its South Sudan subsidiary by the end of July.

Indigenes in duel with foreign-owned banks

Competition for a bigger market share in the banking industry is getting stiffer and stiffer by the day as traditional banking giants appear to be losing steam that has propelled them to higher profit trajectory over the years.

EFG Hermes and QInvest Confirm Expiration of JV Agreement

Both institutions look forward to separately creating value for their shareholders and remain open going forward to capitalizing on their complementary strengths to pursue together suitable business opportunities in a less-structured framework.

HSBC Bank Egypt Continues its Growth Plans in Egypt

HSBC Bank Egypt Inaugurates Two New Branches in Cairo in the presence of MENA Regional Head of Retail Banking and Wealth Management

Barclays Plans to Expand in Egypt as French Banks Retreat

“Our view about Egypt in the long term still remains that it’s a place where we want to be and we want to be a significant player.”

Emirates NBD frontrunner to buy BNP Paribas' Egypt arm-sources

Emirates NBD ENBD.DU, Dubai's largest bank, has emerged as the frontrunner to buy BNP Paribas' (BNPP.PA) Egyptian retail business, three sources familiar with the matter said, in a deal likely to raise $400-500 million for the French lender.

Global economy prompts repayment fears for MENA traders - HSBC

However, trade in the region is continuing to grow; 94 percent of Saudi firms expect their trade volumes to expand or stay steady in the next six months.

Only one fifth of HSBC senior managers are women in MENA region

Abdulfattah Sharaf, CEO of HSBC UAE said, "HSBC is making a real commitment to diversity

UAE, Morocco banks bid for BNP's Egypt retail arm

The sale is expected to generate as much as $500 million (309 million pounds) for the French lender, said one banking source speaking on condition of anonymity as the matter is not public.

EFG Hermes launches first securities brokerage ATMs in Egypt

This first service of its kind in Egypt is an integral component of our overall vision to expand our retail brokerage arm and introduce a superior customer service model that gives our clients the best possible transaction experience.

Arab Bank CEO Plans Return to Libya as Uprising Forces Exit

Arab Bank, Jordan’s largest lender, is seeking to regain access to its Al Wahda bank unit in Libya after last year’s uprising forced it to exit the country.

NBAD opens 30th branch in Egypt

The new NBAD office is located in Al Kawthar area, the main banking district in Hurghada, the leading city on the Red Sea coast and a popular touristic and investment destination.

BNP Got ‘Signs of Interest’ for Egypt Unit, Decraene Tells Echos

BNP Paribas may invite within 15 days potential bidders to file preliminary offers for the Egyptian unit, the daily newspaper also reported, without saying where it got the information.

BNP to seek initial bids for Egyptian retail arm sale: sources

The lender operates nearly 70 branches in the North African country where political unrest last year toppled the regime of former president Hosni Mubarak.