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
Like many other Moroccan banks and companies, BCP has stepped up investments in Africa, boosting the kingdom's economic clout.
This latest cooperation with Ecobank Group will help companies to better tackle challenges triggered by the COVID-19 pandemic, unlock economic and social opportunities, especially for SMEs and women-owned and women-run enterprises, across Sub-Saharan Afri
At the European Investment Bank we are committed to enhancing the impact of our sustainable investment around the world in close cooperation with our global partners and through an increased local presence of our technical, environmental and financing exp
Managing Director, Abena Osei-Poku’s relentless outlook, experience and overall knack for spotting new business opportunities continue to serve the bank well.
Prospective members, including Nigeria, will officially join AIIB once they complete the required membership procedures
Global Finance also said the bank spent much of last year further developing its OneFarm platform, designed to improve Africa’s agribusiness sector by giving farmers access to financial and other services that will let them migrate from subsistence