10/13/2016
Nigeria, Ghana, Rowanda top African countries attracting GCC investors
Africa is increasingly attracting investments from the GCC region
Investment Banking
10/12/2016
European Investment Bank fuels private sector enterprise in Nigeria with €60 million UBA deal
The new loan will also leverage UBA's capital expenditure, helping to strengthen support for private investment by expanding branch networks and improving information technology.
10/11/2016
$300m made available for African power projects
SBSA will provide $33 million from its balance sheet to support transactions financed by the facility.
10/11/2016
AfDB to Launch an Africa Investment Forum
The new structures are well thought out and will enable the Bank to achieve its transformation objectives.
10/10/2016
Barclays' brokerage arm opens trading at NSE
The subsidiary is set to hot up competition for other market participants
10/05/2016
EIB invests 92m euros in Zambia
The EIB is the largest multilateral borrower and lender in the world and is active in 160 countries
10/05/2016
South Africa: Eskom Signs Agreement With China Development Bank
With the signing of the loan facility, Eskom can continue to focus on empowering its people through build site projects such as Medupi and Kusile power stations.
10/03/2016
Capital markets hold local banks together despite stringent global regulation
That means a change of business for the South African Reserve Bank, accustomed to dealing with dominant shareholders such as Barclays plc on matters relating to banking stability and governance.
09/29/2016
Mauritius rides wave of Asian investment in Africa
Mauritius has a wonderful opportunity to act as a conduit to spur the growth of the African continent
09/29/2016
FNB scoops awards for digital platforms
FNB Banking App was awarded the 2016 Best in Customer Experience Award
09/28/2016
Africa: Rabobank cuts reg risk in new venture
Regional stakes join FMO and Norfund assets; indirect, lower ownership reduces liability.
09/28/2016
GHIB to Expand Operations into East Africa
Mr. Franklin Belnye, an Advisor to the Governor of the central bank, said “banks play a key role in international trade by providing the finance which is vital to the process”.
09/27/2016
South Africa's Capitec Bank cuts back lending to poorer workers
We have limited credit extension to lower income earners
09/26/2016
Zimbabwe Banking Crisis
Zimbabwe relies on correspondent banks for both international payments and cash
09/26/2016
Afrexim Bank partners with Arik to promote intra-African trade
It could be up to $200 million, adding that the Nigerian carrier was in dire need of expanding its operations.
09/26/2016
Futuregrowth Standoff With South African State-Owned Firms Thaws
The Land Bank was one of six state-owned companies that Futuregrowth said last month it would stop funding due to concerns about how they are being run
09/23/2016
Kibo Hires Barclays Africa As Advisor In Exchange For Share Options (ALLISS)
The exercise date for the options will be no earlier than 18 months after completion and commissioning of the project
09/22/2016
Bob Diamond keeps Barclays Africa in his sights
He had confirmed earlier that the consortium comprised Atlas Merchant Capital.
09/20/2016
Credit Suisse Appoints Asset Management Heads for Americas and EMEA
Credit Suisse has added Bill Johnson and Michel Degen in two key AM roles
09/19/2016
AfDB Mobilizes $1.4 Billion for Senegal’s Development
The new strategy is aligned with Senegal’s development strategy, the Emerging Senegal Plan