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.
Investment Banking
07/30/2015
African Development Bank: New leadership, same direction
The Nigerian says his priorities are infrastructure, private-sector lending and inclusive growth.
07/29/2015
Stanchart dominates consumer digital bank awards
Standard Chartered Bank dominated Global Finance Magazine’s 2015 Best Consumer Digital Bank Awards in Asia, Africa and the Middle East.
07/27/2015
The BRICS bank: Is it a game-changer?
The NDB is to be headed by a rotating five-year term leadership with the first president, Kundapur Vaman Kamath, coming from India.
07/27/2015
African Development Bank chief calls for more private investment
The conversations between Africa and the rest of the world need to move on from what kind of support can they give you
07/24/2015
South African's influence in BRICS Bank not lesser, say Analysts
outh Africa has pledged US $5 billion of the initial US $100 billion capital, with China's US $41 billion
07/23/2015
Brics bank can help SA out
SA must not ignore the potential benefits of the Brics bank, writes Saijil Singh.
07/21/2015
Brics countries launch new development bank in Shanghai
The Brics group of emerging economies on Tuesday launched its New Development Bank in Shanghai.
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.
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.