For me, it has been a really good learning experience in terms of the new markets, dynamics and the culture which is quite different from Kenya.
The new credit line is expected to provide working capital, supply chain finance, and investment loans to microenterprises, SMEs and midcap companies across the region served by TDB, including by supporting financing through local financial intermediaries
As of December 2021, Stanbic Nominees Nigeria Limited was the only entity or investor with 5% and above stake, accounting for 11.50 per cent controlling stake.
Barclays, a British multinational universal bank, has planned to expand its banking services in Africa.
The bank chose the TCS BaNCS Global Securities Platform, a next-generation post-trade processing solution, as part of its strategic transformation initiative.
The placing was made through Barclays Principal Investments subsidiary, with Absa, Citigroup, Banco Santander and Société Générale arranging the sale.
The combination sought to serve the growing demands of Chinese clients for global commodities, fixed income and other products, though also has some exposure to Russia -- currently a financial pariah after the invasion of Ukraine.
In 2021, equity capital markets recorded their strongest year in 13 years, producing $334.4 million in fees