07/21/2015
Barclays Africa may escape job cuts
Barclays Africa had a terse response to enquiries about the impact of the group programme on local operations.
Investment Banking
07/17/2015
Nigeria’s investment banks feel the squeeze
Like everything else in Nigeria, investment banking will be hit by weak oil prices. Local players may struggle more than their global counterparts.
07/17/2015
Bank of America Merrill Lynch out on a limb with call to buy SA dollar bonds
Dollar bonds of Africa’s most-industrialised economy have returned 1.2% this year
07/16/2015
European Investment Bank opens office in Ethiopia
Ethiopia is trying to expand its modest industrial base and has been investing heavily in new roads
07/15/2015
Nigeria's troubles hold lessons for corporate IB
Commodity price drop will drive NPLs; difficulties could help local capital markets.
07/14/2015
Despite economic challenges, BRICS nations still have a significant role to play
BRICS, after all, fits neatly in theory and objectives with China's regional development ambitions.
07/14/2015
BRICS bank, AIIB to break IMF, World Bank monopoly: China think tank
A characteristic of this year's BRICS summit at Ufa was the economic and trade cooperation, especially the collaboration of development strategy among the BRICS members.
07/14/2015
Multilateral banks prepare $400bn Sustainable Development Goal financing plan
The multilateral development banks and the International Monetary Fund plan to extend more than $400bn in financing over the next three years in order to meet the new Sustainable Development Goals.
07/14/2015
Access Bank attracts €15M investment from EIB
The new credit line by the European Investment Bank is the second funding Access Bank has received within the last one year
07/14/2015
South Africa Fund Hires Deutsche Bank for Vodacom Sale
The South African government agreed earlier this month to sell its entire Vodacom stake to the Public Investment Corp
07/12/2015
$100 billion BRICS lender more keen on risk than World Bank – good news for Africa?
BRICS bank will have a regional headquarters for sub-Saharan Africa, based in Johannesburg.
07/10/2015
Afreximbank awarded largest term loan to date
The African Export-Import Bank has announced the closing of the general syndication stage of its largest term loan facility to date worth approximately US$1bn.
07/10/2015
West African Regulators Move to Improve Capital Markets
Capital market regulators in the West African sub region have come together to establish a mutually acceptable basis for cooperation and consultations to foster market integration in the region.
07/09/2015
Long-serving Ramos expected to keep her job
Mr Jenkins’s predecessor, Bob Diamond, resigned three years ago over the Libor interest rate-rigging scandal.
07/08/2015
Stellar aims high with new acquisition
The new-look company, Stellar Investment Holdings will still specialise in investment banking advisory services and corporate lending, but also have a potentially lucrative investment management arm via deal flows at SCP.
07/07/2015
Exim Bank, FICCI mark Africa-India Partnership Day in Ivory Coast
Under ITEC, the Indian government extends fully paid scholarships to participants in developing countries for studying a diverse range of subjects.
07/07/2015
'BRICS bank will play a major role, but much work lies ahead'
The New Development Bank will be operationalised at the Ufa summit.
07/06/2015
Hope or hoopla for Brics's new bank
Leslie Maasdorp is on his way to Moscow to hammer out the details of the new Brics bank.
07/06/2015
RMB eyes new opportunities in port, power infrastructure financing
Infrastructure is expected to boost the economy, and with such a large population scrambling for a handful of efficient services
06/28/2015
BRICS $100 billion bank to be operational by end of 2015, South African named its vice president
The bank, which will be headquartered in Shanghai, is expected to have up to $100 billion in capital.