03/27/2015
Barclays Africa Applies for Nigerian Equities Trading License
Barclays Africa Group Ltd., which is expanding on the continent after buying most of its parent’s operations in Africa
Investment Banking
03/27/2015
Standard Bank Group signs US$250 million loan
The credit line is co-financed by Mizuho Bank, Ltd, with JBIC providing a partial guarantee for the co-financed portion. The funding will be used by Standard Bank to on-lend to green energy projects in sub-Saharan Africa.
03/27/2015
Standard Bank; Basil Read
The market is looking forward to a new era for Standard as African earnings are starting to pump up group figures.
03/26/2015
UK government Green Bank to invest in Africa and India
In 2014 the government announced plans for the bank help drive private sector renewables investment overseas, using part of its £3.87 billion international climate fund.
03/25/2015
Green Bank to invest in projects in India, South Africa
Green Investment Bank today announced a pilot project to fund overseas ventures in renewable energy sector to the tune of 200 million pounds (approximately Rs 1,800 crore) in India
03/25/2015
BRICS contingent reserve may become operational this year: RBI
It is expected that the inter-central bank agreement will be signed this year
03/24/2015
Linklaters highlights Japanese dominance in Nigerian investments
Contradicting general assumptions that China is the leading investor across the board in Africa, Linklaters says that Japan is the most active investor from Asia in African project finance schemes.
03/23/2015
First Bank to support Public private Partnership to promote Nigeria industrialisation
The managing Director of First Bank Bisi Onasanya has stated that the bank will support public private partnerships for the benefit of the Nigerian economy
03/18/2015
Stanbic named best emerging markets bank
Stanbic Bank Zimbabwe has been named the Best Emerging Markets Bank in Zimbabwe by a US-headquartered financial magazine.
03/18/2015
Angola: Standard Bank to Continue Financing Angolan Economy
Luís Teles said that it includes the priorities of the Standard Bank Angola to elevate the credit portfolio
03/17/2015
Deutsche Bank Says Dubai Will Be Hub for Africa Business
Ashok Aram, who heads Deutsche Bank in the Middle East, made the announcement today at the Bloomberg Future Cities Forum in Dubai.
03/13/2015
Nigeria: African Export-Import Bank Supports Firms With U.S.$48 Million
The African Export-Import Bank says it has provided $48 million lines of credit to African factoring companies in the last two years.
03/06/2015
Goldman Alumni’s Mozambique Merchant Bank Eyes Gas Boom
The firm, run out of offices in London, Madrid, and Maputo, the southern African nation’s capital
03/06/2015
West African Capital Markets Set for Integration
The phases include direct access market phase; the qualified West African stockbroker phase and the West African capital market phase, which is considered the ultimate phase.
03/05/2015
Standard Bank abandons global emerging market aspirations to focus on Africa
Standard Bank Group’s full year results to December brought to an end a five-year “journey of transformation” for the bank
03/05/2015
IMF says Zimbabwe needs credible plan to clear arrears
Some of the targets include stabilising the financial sector, re-engagement with Western countries and reducing the budget deficit.
03/05/2015
Nominations for the Standard Bank Rising Star Awards are open
Over the last three years, we’ve seen a surge in organisations recognising the value of their employees
03/04/2015
Citigroup set for redundancies in EMEA markets business
Citigroup is set to make a round of redundancies within its markets and securities business in the Europe, Middle East and Africa region
03/04/2015
African Bank's Lending Below Levels To Sustain "Good Bank"
African Bank Investments Ltd is lending at levels below what is required to set up a new “good bank”.
02/27/2015
African Bank Mute on Rescue Since December Unsettles Investors
The Banks Amendment Bill was introduced last year.