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Investment Banking

02/02/2018

Nigeria’s investment banking market expands as Nova Merchant Bank debuts

He said merchant banks are very important because they support the economic development of the nation through the provision of long-term funding.

01/29/2018

IFC extends $62 million loan to South Africa's Mercantile Bank

The IFC, a member of the World Bank, said in a statement the financing was part of an initiative to invest up to 40 billion rand into South African SMEs over the next five to seven years.

01/28/2018

JP Morgan's coming to Ghana will boost banking industry - Banker

Emmanuel Akrong in an interview with Citi Business News mentioned that JP Morgan’s world class culture will help raise the standard of banking in Ghana.

01/24/2018

JPMorgan plans expansion into Ghana and Kenya

The five-year plan will see the U.S. bank ramp up overseas investment in addition to its domestic growth plans

01/23/2018

Sub-Saharan Africa investment banking fees reached $527.9 million in 2017

Debt capital markets underwriting fees accounted for 20% of the overall Sub-Saharan Africa investment banking fee pool, the highest first half share since 2012.

01/03/2018

JPMorgan leads again in Europe, as equity deals drive a revenue rise

Investment banking fees rose in 2017, with a jump in equity-capital-markets revenues making up for an M&A slump

12/28/2017

French bank offers financing to Angola of US$500 million

The Angolan government believes it needs to diversify its sources of funding to cover the costs of public investments that are needed for the country’s social and eocnomic development

12/22/2017

African Development Bank Board Approves 2018 Borrowing Programme for US$8 Billion

“The African Development Bank has also shown a strong commitment to socially responsible investment programmes"

12/22/2017

African Development Bank to support Mozambique rail project

“This project supports two of the High 5s that guide the Bank’s contribution to the Sustainable Development Goals in Africa."

12/18/2017

Ladi Balogun: Quintessential banker with hands on the plough

The current Group Chief Executive of FCMB Group Plc did not allow his very comfortable background to becloud his determination to pursue the impeccable career he set out to achieve.

12/01/2017

European Investment Bank grants €100mn in first loan to Afreximbank

The deal was signed yesterday in Abidjan, Côte d’Ivoire’s capital,

12/01/2017

Barclays Sells Another Tranche Of African Operation

The British Bank’s Stake In Absa’s JSE-Listed Parent Company Is Now Just 14.9%

11/23/2017

AfDB: DBN’s Role in MSMEs Sector Extremely Important to Us

DBN is a new institution and we are one of the parents so it’s off to a very good start.

11/22/2017

StanChart targets 5-7% growth in investment bank

Investors are hoping StanChart can begin to grow revenue again

11/14/2017

Mitsubishi UFJ Expands Investment Banking Business in Europe

Mitsubishi UFJ sees this expansion as a chance to counter the slow growth of the economy of Japan by increasing overseas revenues.

11/13/2017

'Billions More Missing' As HSBC Shuts Down Gupta Accounts

Britsh Bank HSBC Has Since Closed A Number Of Accounts For Associated Front Companies Linked To The Family

11/06/2017

Diamond Bank Enters 61 Euros Equity Divestment Deal With Manzi Finance

Diamond Bank Plc Has Concluded Arrangement To Divest Its 97.07% Equity Stake Through A Deal With Manzi Finances

11/01/2017

African Development Bank Considers $400m Loan For Nigeria

The African Development Bank Said Could Consider An Additional $400 Million For Nigeria

10/27/2017

Business consortium to invest $1 billion in Africa

A Consortium of international business leaders are investing $1 billion into the Africa has the most arable land in the world and has more people under 35 than any other continent.

10/24/2017

Standard Bank Wins Best Investment Bank in Namibia

As well as enhancing our capability to raise capital internationally for our African clients.

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