12/12/2014
Standard Bank signs multi-billion rand loan
An over-subscription of US400 million was obtained, allowing for a final take of US700 million.
12/12/2014
An over-subscription of US400 million was obtained, allowing for a final take of US700 million.
12/11/2014
The ability of the Ecobank Transnational Incorporated (ETI), the Lome-based parent company of the Ecobank Group, to do more business and generate more revenue has been boosted as the bank received $200 million senior unsecured loan facility from Deuts
12/11/2014
Discussions at the forum also sought to address questions about the M&A transaction pipeline as we move into 2015
12/11/2014
Global advice firm deVere announced plans to expand further around the world, claiming it will see a 25 per cent growth in business next year.
12/09/2014
Investment deals in Africa linked to French companies with experience on the continent could help China tap into the growth of the emerging market
12/05/2014
South Africa is the comprehensive and strategic partner of China in Africa
12/02/2014
Barclays Africa Group's investment banking division expects countries outside South Africa to contribute more than half its revenue in five years' time after taking on most of its parent's operations on the continent.
11/27/2014
The announcement comes after GazpromBank launched GazpromBank Africa yesterday and opened its first representative office in Africa in Johannesburg.
11/27/2014
Bob Diamond, the former Barclays boss who is investing in African lenders, said big global banks have moved “off the stage” in the competition to buy financial assets, creating an opportunity for entrepreneurial new businesses like his.
11/27/2014
Kenya’s Deputy President William Ruto, in his opening speech, challenged African countries to develop their capital markets.
11/26/2014
Nedbank, the South African lender majority owned by insurer Old Mutual, will merge its corporate and investment banking units
11/25/2014
These services will be provided in Mauritius through SGSS' custody hub in Johannesburg, backed by dedicated teams with extensive experience and expertise in the 11 African markets in which SGSS is present.
11/25/2014
The capital would likely be deployed over a number of transactions and might not be spent to buy a business.
11/25/2014
JPMorgan Chase & Co. (JPM), which has more than 150 staff in South Africa, said it’s interested in establishing an office in Kenya “in time” as part of plans to expand on the continent.
11/24/2014
Madagascar is home to more than 21 million people, and the new projects are anticipated to drive the country’s tourism and agricultural sectors.
11/24/2014
Ngozi Okonjo-Iweala, Co-ordinating Minister for the Economy and minister for finance, confirmed to BusinessDay that the Federal government is approaching $2 billion as take off capital for the proposed Development Bank of Nigeria
11/23/2014
Barclays Bank and Standard Chartered are now offering $40 million and $30 million respectively to Delta Corporation.
11/20/2014
The World Bank has approved a $20 million International Development Association grant to help generate international investment in large-scale sustainable energy projects in Southern Africa.
11/19/2014
Atlas Mara, the African investment vehicle of former Barclays boss Bob Diamond, said it remains on the lookout for acquisitions as part of its plan to build sub-Saharan Africa's leading bank.
11/19/2014
Brazil, Russia, India, China and South Africa are hoping the financial institution will rival global lenders the International Monetary Fund and the World Bank.