09/02/2013
CFC Stanbic, a subsidiary of South Africa-based Standard Bank Group, is keen to establish itself in the South Sudan private sector by providing core banking solutions needed to stimulate economic activities in the growing nation.
09/02/2013
South Africa-based company JM Busha Investments plans to set up an investment bank in Zimbabwe in a bid to expand its business in the region.
09/01/2013
Bank of China and the Nedbank Group have entered into a strategic business cooperation agreement to boost business between China and Africa.
08/28/2013
Barclays Africa is being eagerly watched to see if its revenue growth on the rest of the continent can outpace that of its rivals.
08/26/2013
The statistics may not be surprising given economic happenings in the country in the past one year.
08/26/2013
The West African nation’s third-largest lender by market value, said first-half profit was little changed as costs increased.
08/22/2013
After their March summit in South Africa, leaders of Brics nations Brazil, Russian, India and South Africa failed to launch the much-anticipated bank.
08/19/2013
Standard Bank Group’s (SBK) Angolan unit is targeting corporate clients with annual revenue of more than $100 million
08/17/2013
South African bank Investec Ltd. has closed its Australian resources arm
08/11/2013
The award recognises BNY Mellon's innovative approach to developing and implementing client-focussed solutions in transactional banking
08/05/2013
Bank of China and the Nedbank Group have entered into a strategic business cooperation agreement to grow business flows between the People’s Republic of China and Africa.
08/05/2013
African Bank Investments Ltd. hired Goldman Sachs Group Inc. to help raise as much as $405 million as South Africa’s largest provider of unsecured loans seeks to replenish capital and hasten the sale of a retailing unit.
07/31/2013
In recent years Africa has attracted investment from firms across the world. Companies located in the Caribbean are, however, not known to be major investors in the continent.
07/30/2013
South Africa's biggest finance group, First Rand says it is still interested in acquiring a bank in Ghana despite failing to take over Merchant bank
07/29/2013
Law firm Corrs Chambers Westgarth has cautioned credit rating agencies, investment banks and investment managers to tread carefully when promoting financial products.
07/25/2013
Absa Group, the South African bank controlled by Barclays, said it loaned 30 million rand ($3.1 million) to First Strut Ltd., which went into liquidation earlier this month.
07/23/2013
Capitec Bank South Africa’s second-largest provider of unsecured loans, is weighing debt sales abroad for the first time and expanding overseas as lending growth stalls at home.
07/23/2013
igeria’s banking index fell the most in a month after the central bank tightened monetary policy
07/14/2013
The continued dominance of portfolio investment in aggregate foreign capital inflows, according to the apex bank, was due largely to the higher returns on domestic financial assets
07/07/2013
A recent study reveals Britain as the leading merger and acquisition (M&A) investor in Africa in the last decade