05/11/2015
South Africa lacks economy plan, says billionaire chairman of continent’s largest company
Country lacks the ambition and determination of some other emerging markets such as India, China and Nigeria.
Investment Banking
05/11/2015
BADEA signs a 40 Million dollars Loan Agreement with Ecobank Group
The loan agreement has been signed by BADEA’s Director General H.E. Abdelaziz KHELEF, and H.E. Albert Essien, Chief Executive Officer of Ecobank.
05/11/2015
Ghana: NIB Gears Up for Expansion
The National Investment Bank has commissioned its Asokwa branch in Kumasi in response to its aggressive branch expansion programme in a bid to be a leader in the banking sector.
05/10/2015
Standard Bank wins award
Standard Bank has won the Super Regional award for its eMarketTrader platform in the 2015 Profit & Loss Services Digital FX Awards
05/08/2015
Access Bank to Deepen Retail Banking Reach
The Group Managing Director/Chief Executive Officer of Access Bank Plc, Mr. Herbert Wigwe yesterday said the bank would place more emphasis on its retail business and strive for a leadership position in customer service
05/07/2015
EIB and uniBank To Support Private Businesses In Ghana
The European Investment Bank, the European Union’s long-term lending institution, has agreed to provide EUR 10 million to uniBank Ghana to support investment by private business across Ghana
05/05/2015
UniCredit to receive credit facility from European Investment Bank
UniCredit, a wholly-owned Ghanaian financial institution would soon benefit from a credit facility from the European Investment Bank
04/30/2015
Adesina sets out stall for AfDB job
Nigerian reformer reveals vision for the African Development Bank; blueprint for energy, private-sector loans
04/30/2015
How Bob Diamond Will Build Africa’s Largest Bank In 3 Years
A lot has been said about former Barclays chief executive Bob Diamond and his style of management since he resigned in July 2012 over the Libor scandal
04/29/2015
China just made a $2 billion move in an oil-rich west African nation
The agreement was signed on Tuesday following a meeting in Beijing between Chinese President Xi Jinping and Equatorial Guinea President Teodor Obiang Nguema, marking the latest Chinese investment in the continent and its resources.
04/28/2015
BNI Europe Signs Credit Line of 500 Million Euros
BNI Bank Europe will sign on Thursday in Lisbon, a protocol of credit line of 500 million Euros, destined to support the commercial re-launch between Angola and Portugal
04/24/2015
Standard Bank partners with South Korea bank
Standard Bank today signed a Business Cooperation Agreement with Woori Bank, one of the largest commercial banks in South Korea, aimed at capturing more banking business from Korean companies operating or investing in Africa.
04/24/2015
AfDB Approves a U.S. $40 Million Risk Participation Agreement With Banco Santander S.A. (Spain) to Support Trade Finance in Africa
The facility will help address critical market demand for trade finance in Africa
04/22/2015
Treasury set on holding subordinated Af Bank debtors to account
The National Treasury is seeking the passage of amended banking laws
04/21/2015
Zimbabwe: UAE-Based Bank's Investment Plans in Limbo
The company last year submitted significant funding proposals to relevant authorities as the bank accelerated efforts to start investing in Zimbabwe.
04/20/2015
Republic Bank confident of HFC Bank Ghana takeover
Republic Bank has expressed confidence that it will acquire a majority share in Ghanaian bank HFC
04/17/2015
SocGen targets Chinese investments in Africa
French bank Societe Generale plans to expand its retail and commercial activities in West Africa to target increasing Chinese investments in the region
04/15/2015
Africa bank chief wants to work with China-led AIIB
The head of the African Development Bank welcomed the China-led Asian Infrastructure Investment Bank
04/14/2015
FirstRand picks banks to set up meetings
The sale of senior unsecured dollar bonds may be the result of the roadshow, according to the person.
04/06/2015
Bankers laugh all the way despite pay rules
As a subsidiary of a UK bank, Barclays Africa has been subjected to European Union rules