04/11/2014
Bank of Botswana cancels ABN Amro's banking licence in Botswana
Cancellation of banking licence ABN Amro
04/11/2014
Cancellation of banking licence ABN Amro
04/11/2014
It climbed the most in the seven-member FTSE/JSE Africa Banks Index after Absa.
04/10/2014
Assuming aforementioned net proceeds were used to implement a share repurchase at current tfg market price of approximately r106 per share
04/09/2014
Woolworths is paying a multiple of 23.8 times forecast 2014
04/09/2014
A much more pronounced recovery in Barclays Africa was foreseen as management indicated that addressing the higher mortgage debt was a priority.
04/08/2014
Warburg Pincus LLC, the private-equity firm managing about $37 billion in assets, is considering investments in Africa and the Middle East as capital starts to flow back into emerging markets.
04/07/2014
Abu Dhabi-based investment and development firm, Mubadala Development Company, seeks new investment and collaboration prospects in Sierra Leone’s Bauxite, Alumina and Iron Ore sectors.
04/02/2014
BANKS are starting to reap the rewards from their operations in the rest of Africa, with Standard Bank benefiting the most from its continental footprint.
04/01/2014
The oil and gas firm needs partners to share the huge investment required to develop the large Mozambique project.
04/01/2014
Bob Diamond-backed investment company Atlas Mara said it would acquire sub-Saharan African bank ABC Holdings Limited and ADC African Development Corporation AG for up to $265 million in cash and shares.
03/31/2014
For access to Africa, China’s state-owned China Development Bank has, not surprisingly, turned to the two most prolific African colonizers, Britain and France.
03/31/2014
Merger and acquisition volumes in emerging markets may have touched the lowest levels since 2009 in the first quarter of this year but local M&A activity is anticipated to be on an upward trend as cash continues to chase strategic assets.
03/27/2014
Barclays Bank ended last year with a profit before tax of GH¢202.5 million, representing a 35 percent increase in earnings for 2013 from GH¢150 million recorded for 2012.
03/26/2014
First City Monument Bank Capital Markets Limited, the investment banking subsidiary of FCMB Group Plc, is throwing its financial weight behind Nigeria’s first green building by providing a structured debt of US$65 million for its construction.
03/26/2014
Competition among commercial banks for lucrative investment advisory services is set to hot up with Standard Chartered bank announcing yesterday it will be going flat out to land major infrastructural deals.
03/24/2014
The private sector has to lead the charge for development, especially investment banks
03/21/2014
For Nigerian as one of the next frontier market to achieve its developmental goals, investment banks in the country must assist the government by not just investing in critical infrastructure but providing solution to the various problems plaguing the cou
03/21/2014
Kenya signed the highest number of private equity deals last year in sub-Saharan Africa ahead of its main rivals South Africa and Nigeria
03/13/2014
In a sign of rising Asian investment commitment to Africa, the corporate and investment banking division of Barclays Africa announced on Wednesday it had agreed with South Korea’s Hana Bank to establish a Korea desk in Johannesburg.
03/07/2014
The sale, still waiting for regulatory authorities’ approval, will release capital to be used to grow the African businesses.