07/29/2016
Barclays Africa gains slowly
The results were better than expected and showed “strong top line growth from the rest of Africa,” Patrice Rassou
Investment Banking
07/29/2016
Stanchart to concentrate on organic growth in Africa
Barclays Plc is selling down its 62 per cent stake, which is worth some $5 billion, in Barclays Africa Group (BAG) under a plan by new Chief Executive, Jes Staley
07/28/2016
MTN Names Citigroup, Standard Bank as Nigeria Listing Advisers
MTN agreed to list the unit in Nigeria, the company’s biggest market, as part of a deal to pay a 330 billion naira fine in cash to the Nigerian government for missing a deadline to disconnect unregistered subscribers.
07/27/2016
AfDB applauds Morocco on investment drives
AfDB cooperation with Morocco is not merely a financial relationship, added the Moroccan Minister of Economy and Finance.
07/27/2016
Absa partners with UnionPay to provide easy banking for Chinese visitors in South Africa
Around 47,000 Chinese tourists visited South Africa last year, making South Africa one of China’s fastest growing tourist destinations.
07/26/2016
South Africa’s Standard Bank awarded banking license in Ivory Coast
“Standard Bank – trading as Stanbic Bank – has been formally awarded a banking license in Côte d’Ivoire,” it said in a statement, adding that it was gearing up to commence banking operations but did not give a timeframe
07/25/2016
Barclays Africa links up with blockchain drive
Members include parent Barclays plc, Credit Suisse, Goldman Sachs and JPMorgan...
07/25/2016
Access Bank wins int’l award
The feat makes Access Bank Plc the first African bank to win the global award.
07/21/2016
Investment banks still glum about outlook
Confidence levels in retail banking posted a stronger recovery, rising nine points to 55.
07/21/2016
Dubai's NBD And Moroccan Attijariwafa Bank Eye Barclays Egyptian Unit
It will also be recalled that in May, the company announced its intentions to divest part of its 62 percent stake in Barclays Africa to a level, which would permit it to de-consolidate Barclays Africa from a regulatory perspective.
07/21/2016
Bernard Adjei is UK’s Young Banker of The Year Qualifier
He attended the University of Bolton gaining a degree in Business Information System.
07/18/2016
Access Bank Emerges 1st African Bank to Win Karlsruhe Sustainability Award
The prestigious award was conferred to Access Bank, the first African financial institution to win the award in recognition of the Bank’s ability to holistically embed sustainability across the financial institution.
07/14/2016
Societe Generale Ghana conference on global transactions banking held
Societe Generale Ghana has organised a conference to update its clients on its Global Transaction Banking (GTB) service
07/12/2016
NBE ranked 1st in managing syndicated loans in Egypt, Africa
The bank makes use of its huge capital of over32 billion pounds to pump more funds into the Egyptian market.
07/12/2016
Barclays in an orderly retreat from Africa
Which ultimately led to its decision in 2016 to sell down the shares in its African unit to avoid having to hold capital against it.
07/12/2016
CfC Stanbic seeks shareholders' nod to rebrand to Stanbic
The holding company will also change to Stanbic Holdings.
07/08/2016
Is MTN Recruiting Bankers Because It Wants To Buy Barclays Africa?
The convergence of banking and cellular solutions isn’t new.
07/07/2016
A&O and Freshfields win mandates as Abu Dhabi banks agree $175bn merger
Meanwhile A&O worked with National Bank of Abu Dhabi
07/07/2016
Citigroup merges EMEA, Asia consumer banking businesses: internal memo
The move, which will see consumer banking revenues from five countries
07/05/2016
Investors favor Zambian debt in bet on IMF aid
UPTURN?While Citigroup and JPMorgan are upbeat on Zambia’s prospects, others, like Rhombus Advisors, urge caution on investing based on the promise of IMF support