10/12/2017
Malawian bank finalises purchase of Barclays Bank Zim
Under the transaction, an employee share ownership trust will get 15% of the 67.68% while Barclays Plc will retain a 10% interest.
Investment Banking
10/12/2017
Ethiopian companies to benefit from European Investment Bank backing for USD 100m private equity
Private equity investment will strengthen the growth of leading companies in Ethiopia
10/11/2017
Standard Bank supports new Ford Finance
The opening of the showroom gives customers the opportunity to view, test drive and buy Ford vehicles.
10/06/2017
Ghana concludes USD 1.3 billion trade finance deal
West African nations have seen the benefits of the financing supporting the cocoa trade.
10/06/2017
Nedbank and Deutsche Bank announce corporate banking alliance for Southern Africa
The arrangement to co-operate, intended to combine Nedbank’s regional footprint with Deutsche’s global reach, does not involve a formal joint venture or new legal entity
10/05/2017
Barclays Africa awards CEO with long-term incentive award
Barclays also announced that it had granted long-term incentive awards to Deputy Chief Executive Officer.
10/02/2017
Foreign investors need incentives
Afrinvest published our economic outlook clearly indicating the need for reforms.
09/25/2017
Emotional farewell to former AfDB President, Babacar N’diaye
“Babacar Ndiaye was charismatic, and left an indelible mark on our continent."
09/22/2017
Citi closes in on watershed year for European investment banking
As the final quarter looms, the US bank sits behind only JPMorgan for regional revenues
09/21/2017
Funding for Chad leads new international banking ventures
The AfDB has also offered to raise further funding for private sector or public-private partnership projects.
09/19/2017
MENA structural reforms woo foreign investments
We expect fiscal austerity to continue over the coming few years, but the pace should ease.
09/19/2017
South Africa falls from top position and Nigeria drops out of Top 10
The theme for Where to Invest in Africa 2018 is “Money Talks” and this edition “follows the money” on the African continent to evaluate aspects crucial to each country’s economic performance.
09/14/2017
SA banks are making profit at the slowest rate in 7 years
The weak profit growth is a result of weak revenue growth.
09/14/2017
Private sector conditions stable
Companies reacted to higher workloads by taking on extra staff to the greatest extent in over two years.
09/13/2017
FirstRand follows peers,taps Asia for $250m
FirstRand Bank has begun syndication of a $250m loan, aimed at Asian lenders.
09/07/2017
Attijariwafa Bank and Japanese giant Sumitomo Corporation team up to expand their footprints in Africa
It is an opportunity for both our groups to work together in Africa.
09/06/2017
HSBC joins exodus from PR firm Bell Pottinger, that secretly tried to stir racial tensions in South Africa
‘We have used Bell Pottinger for specific projects in the past but will not be doing so in the future’
09/04/2017
Stanbic IBTC leads Nigeria’s capital inflows with US$590m in 6 months
The trio of Stanbic IBTC, Citibank Nigeria and Standard Chartered Bank accounted for 70.7 percent or $1,267.8 million of the total $1.792 billion capital importation during the quarter
09/04/2017
Sound management key to gaining investor interest: In Conversation – Karim Award, Group CEO , EFG Hermes
In 2015, the bank also advised Al Futtaim group, the UAE’s biggest car dealer, in the acquisition of Kenya’s CMC group.
08/29/2017
Cameroon: Financing Major Infrastructure Projects - Five African Nations Join New Asian Development Bank
AIIB will soon carry out its first investments in Africa with 11 solar power projects in Egypt," Sir Alexander disclosed.