Managers of Wealth Africa

Citi bank wins Lifetime Achievement Award at this year’s African Banker Awards

The ‘Lifetime Achievement Award’ was presented to an institution for the first time, as opposed to an individual.

Tree Moroccan Banks Win African Banker Awards 2017

The African Bankers awards include several prizes for the best retail bank in Africa

List of Winners of the 2017 African Banker Awards

Nigerian bank, GT Bank beat off competition from five shortlisted nominees to win the coveted ‘African Bank of the Year Award’.

World Bank reinstates Uganda’s access to new lending

The World Bank Groups portfolio in Uganda is worth close to 3billion US dollars in credit

Prime Minister Modi to open African Development Bank event in Gujarat

The 2017 Annual Meetings will be held on May 22 - 26

Barclays Africa's Ramos takes home R29.5m

Barclays Africa previously said its parent company Barclays had reduced its shareholding to 50.1percent from 62.3percent.

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Africa Credit Markets Brief

This is reflected by telecommunications operators seeking economies of scale.

African Development Bank to Steer Restructuring of Bujagali Loan

The higher the risk a lender attaches to a borrower, the higher the interest rate that lender would charge

Barclays said to mull further 16% stake sale in African unit

Transaction said to be awaiting approval from finance minister.

Invest Africa and Global Investment Bank announce strategic partnership

Invest Africa has announced a strategic partnership with Dubai-based Global Investment Bank to collaborate on impact investment strategies capable of delivering sustainable positive social impact in Africa.

Barclays Africa Said to Be Front-Runner for Mozambican Bank

Barclays Africa’s existing operations in Mozambique are too small to give it a dominant position.

Morocco’s Attijariwafa Bank Seeks African Expansions, Halts Nigerian Deals

The Casablanca-based bank aims to finalize a deal to buy Rwanda’s Cie Generale de Banque, known as Cogebanque

Barclays’ gold exchange fund attracts few takers

Fund managers, who are expected to provide the bulk of the demand, are yet to come into the market.

Standard Bank Moçambique offers services to pay for Chinese goods in local currency

The bank has a privileged position to assist businesspeople from Mozambique with interests in China

EFG-Hermes suspends Nigerian expansion, readies Kenyan entry as regulators back license bid

A license will probably be granted in the “very near term” once formally cleared by the Nairobi Securities Exchange

Barclays profit halves on African write-down

It has signed a separation agreement with its African business, which must now be approved by South African regulators.

African Banking Firm Atlas Mara Swings To First Quarter Profit

We expect to deliver a significant improvement in earnings in 2017

Barclays Africa splashes R191m to retain execs in sell-down

Group chief executive Maria Ramos received an award of R8 million

Ghana and Zambia joins African Financial Markets Initiative

The expanded index will now include the eight most liquid sovereign bond markets in Africa, according to a release from AfDB.

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