12/26/2016

10 banks offer EGP 6bn syndicated loan to Etisalat Egypt

A banking alliance of 10 major banks signed a syndicated long-term loan to Etisalat Egypt, amounting to EGP 6bn, to finance the purchase of the 4G licence and the new frequencies, as well as the repayment of the existing dues and the company’s opera

12/13/2016

Stanbic pledges its support for clients

Stanbic has made significant investments during the year, financing projects in the local agriculture, infrastructure, and mining and energy sectors.

12/01/2016

Hurdles slow Barclays sale of Africa unit

The South African Reserve Bank must ensure Barclays’s withdrawal doesn’t endanger stability across the continent, put South Africa’s currency at risk or upset transactions for Barclays Africa’s 12.5 million customers.

11/30/2016

UBA Deputy GMD gets award

Vincent Okobi Osadolor was honoured for his excellent performance as a reputable banker

11/23/2016

Absa and partners raise billions for Ascendis

The purchase consideration of ZAR7.9 billion required both a debt and an equity capital raise and Ascendis consequently appointed Absa CIB to act as Joint Global Coordinator