08/19/2015

AfDB bails out Zimbabwe

Zimbabwe’s bid to join the African Trade Insurance Agency (ATI) has received a major boost after the African Development Bank (AfDB) chipped in with $4 million of the money required to get registration, Finance minister Patrick Chinamasa has said.

08/17/2015

Standard Bank profit higher on asset sales

Standard Bank’s sale of a majority stake in its London-based global markets business to the Industrial and Commercial Bank of China in February boosted headline earnings by 27 percent to R10.5 billion for the six months to June, enabling it to focus

08/11/2015

Liberty looks to expand in Africa

South Africa’s fourth-largest insurer, Liberty Life, intends challenging Old Mutual in the rest of Africa as it announced last week that it had boosted its acquisition war chest on the continent to R1.3 billion.

07/31/2015

Africa gets $830m infrastructure fund

The very strong expression of commitment from African countries is the first indispensable step to attracting institutional investors.