03/28/2016
Barclays' African Jewel May Not Sparkle for ex-CEO Bob Diamond
As the U.K. bank looks to unload its business in the region, observers think Diamond's Atlas Mara may pursue only some of those assets.
Investment Banking
03/28/2016
MeTL Group to buy Barclays bank?
Specifically, Dewji (40) said he was interested in “Tanzania, Kenya, basically East Africa.”
03/24/2016
EIB, IFC and Ecobank sign landmark agreement
The facility is designed to overcome the challenges of lending to smaller businesses which have a higher risk profile.
03/23/2016
Regional bank to partner with China to finance African projects
PTA will also partner with other Chinese financial institutions to undertake infrastructure projects in Africa.
03/23/2016
South African bank rated best in the world
South Africa's Capitec Bank has been ranked the best in the world, according to international banking advisory group Lafferty, in its inaugural Bank Quality Rankings.
03/21/2016
Barclays Africa sale savaged by big investor
The latest strategy update sees the painful, stop-start transformation from highly profitable retail caterpillar to swashbuckling, capital-destroying investment banking...
03/18/2016
JPMorgan Said to Assist Barclays on Sale of Africa Assets
Barclays has sold assets, slashed about 6,000 jobs in the last four months and cut dividends
03/14/2016
Black-owned Barclays Africa is just a pipe dream
As an astute investor, Barclays will ask for a premium from potential bidders, who will have to dig deeper into their pockets if they are to walk away with the prized stake, either in full or half.
03/11/2016
Being ditched by UK bank may be just what Absa needs
Absa recently faced a ratings downgrade from Fitch.
03/10/2016
Barclays Braces for Tough Sell as It Looks to Unload Big Stake in Africa Business
In interview, CEO of Barclays Africa says group won’t break up and sell individual assets
03/07/2016
Bob Diamond's alleged bid for Barclays' Africa ops shows what a big mistake it was to let him quit
It's pretty sweet revenge for Diamond as the deal would mean snapping up one of his old employers' most profitable assets
03/07/2016
Barclays’ African sale shows decline of universal banking model
Barclays announced last week that it intends to sell its African operations.
03/07/2016
Barclays to get new owners
Change in Group shareholders won’t affect Barclays operations in Uganda
03/04/2016
Former Barclays Chief Bob Diamond eyes Barclays Africa assets
Bob Diamond, the forceful former Barclays chief executive, is approaching investors to back a takeover bid for a swath of the UK bank’s African empire that he helped to construct.ccc
03/04/2016
High expectations as BRICS New Development Bank to open African branch
The bank is expected to fund infrastructural deficit and help address global economic governance
03/03/2016
Nedbank seeks control of Mozambican lender
He expects the deal to close in the first half of this year.
03/03/2016
Barclays launches agency banking
The deal signed yesterday will enable Barclays customers conduct transactions such as withdrawals
03/03/2016
Standard Bank wins prestigious international awards
The annual risk awards ceremony identifies best practice in the risk management and derivatives markets.
03/03/2016
Africa: Barclays 'Will Not Pull Out of Tanzania'
Barclays Tanzania Managing Director Kihara Maina told journalists that the bank operations in Africa would remain intact and maintain the same expansion strategy.
03/02/2016
Barclays' parting shot
The London bank said yesterday that it would sell down its 62% stake in Johannesburg-based Barclays Africa over the next two to three years.