01/20/2015
Standard Bank Seen Writing Off Metal Held in China Probe
The Johannesburg-based lender has already written down the value of the metal by about half and said last month that any recovery was highly uncertain.
Investment Banking
01/19/2015
Nigeria’s Biggest Threat Has Just Landed
The banking giant said on Friday that it would assess Nigeria’s suitability to remain in the key emerging currency bond index because of a lack of liquidity in the African country’s forex and bond markets, reuters reported. It has already plac
01/19/2015
Standard Bank named best FX provider in Africa
Standard Bank Group, Africa’s largest lender by assets, has been named Best Foreign Exchange Provider in Africa for a third successive year for the 2015 Global Finance World’s Best Foreign Exchange Providers Awards.
01/16/2015
Dunn Loren Merrifield Wins 2014 IFM Award for 'Best Investment Bank, Nigeria'
London-based International Finance Magazine has conferred the 2014 award for 'Best Investment Bank' in Nigeria to Dunn Loren Merrifield.
01/16/2015
One among many
China has become big in Africa. Now for the backlash
01/15/2015
Nigeria’s Access Bank opens representative office in China
Nigeria’s Access Bank Plc has opened a representative office in China in its bid to become the world’s most respected African bank.
01/15/2015
Standard Bank Staff the best in Africa again
According to the bank’s Marketing and Communications Sazikazi Hlophe, the bank did not only win the prize money but an additional trophy
01/09/2015
Local lenders follow global banks up
This has pushed-up valuations to an average price-earnings ratio of 13.6 for the banking sector
01/06/2015
Ecobank named Investment Bank of the Year in Industry Awards
Ecobank has been named Investment Bank of the Year in the Wealth and Finance International magazine Finance Awards 2014.
12/29/2014
Ecobank concludes $100m loan facility deal with European Investment Bank
Ecobank continued to contribute positively to the African economy by increasing the levels of credit available to businesses while at the same time generating long-term value for its shareholders.
12/18/2014
Nedgroup Investments’s major branding problem
What does the label say?
12/12/2014
Standard Bank signs multi-billion rand loan
An over-subscription of US400 million was obtained, allowing for a final take of US700 million.
12/11/2014
ETI Secures $200m Loan Facility from Deutsche Bank
The ability of the Ecobank Transnational Incorporated (ETI), the Lome-based parent company of the Ecobank Group, to do more business and generate more revenue has been boosted as the bank received $200 million senior unsecured loan facility from Deuts
12/11/2014
Local knowledge is key to breaking ground in sub-Saharan Africa – FBN Capital
Discussions at the forum also sought to address questions about the M&A transaction pipeline as we move into 2015
12/11/2014
DeVere gears up for global expansion
Global advice firm deVere announced plans to expand further around the world, claiming it will see a 25 per cent growth in business next year.
12/09/2014
Closer Look: A New Chinese Strategy for Business in Africa
Investment deals in Africa linked to French companies with experience on the continent could help China tap into the growth of the emerging market
12/05/2014
China, South Africa Strengthen Alliance
South Africa is the comprehensive and strategic partner of China in Africa
12/02/2014
Barclays Africa targets half investment bank revenue from outside South Africa
Barclays Africa Group's investment banking division expects countries outside South Africa to contribute more than half its revenue in five years' time after taking on most of its parent's operations on the continent.
11/27/2014
PIC and GazpromBank look to co-invest in energy ventures in Africa
The announcement comes after GazpromBank launched GazpromBank Africa yesterday and opened its first representative office in Africa in Johannesburg.
11/27/2014
Bob Diamond pounces as global banks retreat from Africa
Bob Diamond, the former Barclays boss who is investing in African lenders, said big global banks have moved “off the stage” in the competition to buy financial assets, creating an opportunity for entrepreneurial new businesses like his.