04/01/2014
Diamond buys African bank
Bob Diamond-backed investment company Atlas Mara said it would acquire sub-Saharan African bank ABC Holdings Limited and ADC African Development Corporation AG for up to $265 million in cash and shares.
03/31/2014
For access to Africa, China’s state-owned China Development Bank has, not surprisingly, turned to the two most prolific African colonizers, Britain and France.
03/31/2014
Merger and acquisition volumes in emerging markets may have touched the lowest levels since 2009 in the first quarter of this year but local M&A activity is anticipated to be on an upward trend as cash continues to chase strategic assets.
03/27/2014
Barclays Bank ended last year with a profit before tax of GH¢202.5 million, representing a 35 percent increase in earnings for 2013 from GH¢150 million recorded for 2012.
03/26/2014
First City Monument Bank Capital Markets Limited, the investment banking subsidiary of FCMB Group Plc, is throwing its financial weight behind Nigeria’s first green building by providing a structured debt of US$65 million for its construction.
03/26/2014
Competition among commercial banks for lucrative investment advisory services is set to hot up with Standard Chartered bank announcing yesterday it will be going flat out to land major infrastructural deals.
03/24/2014
The private sector has to lead the charge for development, especially investment banks
03/21/2014
For Nigerian as one of the next frontier market to achieve its developmental goals, investment banks in the country must assist the government by not just investing in critical infrastructure but providing solution to the various problems plaguing the cou
03/21/2014
Kenya signed the highest number of private equity deals last year in sub-Saharan Africa ahead of its main rivals South Africa and Nigeria
03/13/2014
In a sign of rising Asian investment commitment to Africa, the corporate and investment banking division of Barclays Africa announced on Wednesday it had agreed with South Korea’s Hana Bank to establish a Korea desk in Johannesburg.
03/07/2014
The sale, still waiting for regulatory authorities’ approval, will release capital to be used to grow the African businesses.
03/03/2014
The award has come to recognise Barclays successful strategies and policies in addition to its ongoing efforts to provide clients with the best products and services
02/28/2014
Kenya: Ecobank Announces Plans to Set Up an Investment Banking Unit By June
The Ecobank's investment banking division will primarily target government deals in debt market for infrastructural development.
02/25/2014
Kenya Commercial Bank Group is ready to embark on investment advisory business after getting approval from the Capital Markets Authority to operate an investment bank.
02/25/2014
The Development Bank of Southern Africa has joined forces with the Tanzania Investment Bank to finance various infrastructure projects.
02/20/2014
The analysts believe that Zenith Bank’s liquid and highly capitalised balance sheet was a key part of its strength during the year.
02/19/2014
Salamanca Group, the London based Merchant Banking and Operational Risk Management business announces the opening of its South African office in Cape Town.
02/19/2014
With over 50 years experience, SGBCI is a benchmark reference in West African banking and is the leading bank in Ivory Coast.
02/17/2014
Morgan Stanley names MENA IB head as Froehlich heads to Europe
Delivanis, who was instrumental in advising on the state-backed merger of Abu Dhabi property firms Aldar Properties and Sorouh Real Estate, has been with the bank's investment banking team in Dubai since 2007.
02/14/2014
First Bank of Nigeria Limited has gone into collaboration with the government of Hong Kong in a bid to help harness business opportunities in China and other Asian countries through Invest Hong Kong