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 pounces as global banks retreat from Africa
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
The so-called BRICS group of nations is fast-tracking the establishment of its New Development Bank.
Brazil, Russia, India, China and South Africa are hoping the financial institution will rival global lenders the International Monetary Fund and the World Bank.
11/18/2014
She made the observation in Accra at the weekend, when Izwe Loan Limited was listed on Ghana Stock Exchange (GSE) with GH¢ 80 million Medium Term Note.
11/17/2014
The five Brics nations agreed to speed up formation of a development bank and raised concerns over the pace of the global economic recovery.
11/17/2014
China on Saturday urged BRICS nations to speed up the creation of a development bank as an alternative to the Western-dominated global financial system.
11/17/2014
SA Has een a number of large mergers and acquisitions this year, but the economic pinch and fallout from African Bank’s failure have led firms to proceed with far more caution into doing deals.
11/11/2014
He is a Fellow of the Akuafo Hall, University of Ghana, and a Fellow of the Chartered Institute of Bankers.
11/11/2014
The most Innovative Workplace Wellness Programme Initiative was awarded to a company that initiated a creative and effective wellness campaign in the past 12 months.