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Investment Banking

11/26/2018

Rand Merchant Bank Nigeria wins Business Day Merchant Bank of the Year Award

Rand Merchant Bank Nigeria have over 15 years of transactional experience in Nigeria ranging from advisory roles on infrastructure projects, mergers and acquisitions to the funding of various transactions across multiple sectors.

11/26/2018

EIB pledges US$78mn to four companies in Kenya and East Africa

Telkom Kenya Ltd will receive US$39mn loan to increase its 3G and 4G coverage and invest in its Fibre-To-The-Building network, which will dramatically improve services to SMEs and corporate customers.

11/23/2018

Barclays Kenya profit up 2.1% to Ksh5.44 billion, mulls name change to Absa

The Nairobi Securities Exchange listed lender is mulling over the impending name change after its African parent company Barclays Africa changed its name back to Absa in July, after the exit of Britain’s Barclays Plc.

11/23/2018

European Investment Bank (EIB) supports jobs and climate action across Africa with new EUR 200 million loan to Afreximbank

Long-term investment to boost private sector’s competitiveness; Increasing access to finance for small and medium sized businesses; At least 25% of financing for climate action.

11/21/2018

European Investment Bank holds a portfolio of over CFA340bn in Cameroon

With its 6 billion m3 capacity, the Lom Pangar is a key infrastructure for the country’s electricity sector.

11/15/2018

Standard Bank layoffs to affect over 500 staff

Standard Bank planned to restructure its IT department due to the introduction of new technologies in the banking sector.

10/30/2018

Barclays Named Botswana’s Best Investment Bank

Barclays Bank of Botswana Limited has been named Botswana’s 'Best Investment Bank Year 2018' by Europe, the Middle East and Africa Finance.

10/12/2018

Kenya, Zambia face bonds refinancing risks as funding conditions tighten

According to the ratings agency, Kenya, which has international bonds of $750 million and a coupon rate of 5.875 percent maturing in June 2019 and another one in 2020, will prove the most exposed to more costly debt financing.

10/12/2018

Sub-Saharan Africa’s investment banking fees hit $369.6m

SSA equity and equity-related issuance is down 43 per cent year-on-year totaling $4.9 billion during the first nine months of 2018.

10/01/2018

Kenya Investment Authority reports an increase in country’s foreign direct investments

Keninvest managing director Moses Ikiara said China and India heavily invested in the country as external global investors whereas South Africa, Mauritius and Nigeria crowned the top list of African foreign investors.

10/01/2018

Polaris Bank as alternative to ‘collapse, liquidation’

We wish to assure all depositors that under this arrangement, their deposits shall remain safe

09/25/2018

Stanbic IBTC Wins African Banking Awards

The awards presentation ceremony holds on Thursday 6, December, 2018, in London.

08/22/2018

Unshackled From Barclays, Absa Investment Bank Chases Growth

Corporate and investment bank is targeting new markets

08/02/2018

Investment Banking : Mixed near-term outlook

The prospects for investment banking in Africa, is no exception

08/02/2018

SocGen's asset sales spree spreads to Africa, Eastern Europe - sources

Those sales follow the disposal of its Belgian private bank unit to ABN AMRO earlier this week

07/24/2018

Partnership between ICBC and Standard Bank boosts trade, investment

African markets are huge and growing rapidly and the population is young

07/18/2018

Why Chase Bank buyout deal worries existing depositors

While this move is a welcome relief, they will only be able to get a fraction of the money.

07/09/2018

Ecobank Partners Old Mutual to Increase Insurance Penetration

She said the alliance aligns with bank’s quest to deliver superior and robust financial product offerings to its customers.

07/03/2018

Alpha Morgan Capital gets investment banking licence

The company said in a statement that SEC granted the licence on April 3, 2018 to enable it to carry out issuing house activities.

07/03/2018

UBA, GTBank, Zenith, First Bank, Access make top 1,000 global banks’ list

This slowly improving economic climate is reflected in the growth trajectory of Africa’s banks

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