08/05/2013
African Bank Investments Ltd. hired Goldman Sachs Group Inc. to help raise as much as $405 million as South Africa’s largest provider of unsecured loans seeks to replenish capital and hasten the sale of a retailing unit.
07/31/2013
In recent years Africa has attracted investment from firms across the world. Companies located in the Caribbean are, however, not known to be major investors in the continent.
07/30/2013
South Africa's biggest finance group, First Rand says it is still interested in acquiring a bank in Ghana despite failing to take over Merchant bank
07/29/2013
Law firm Corrs Chambers Westgarth has cautioned credit rating agencies, investment banks and investment managers to tread carefully when promoting financial products.
07/25/2013
Absa Group, the South African bank controlled by Barclays, said it loaned 30 million rand ($3.1 million) to First Strut Ltd., which went into liquidation earlier this month.
07/23/2013
Capitec Bank South Africa’s second-largest provider of unsecured loans, is weighing debt sales abroad for the first time and expanding overseas as lending growth stalls at home.
07/23/2013
igeria’s banking index fell the most in a month after the central bank tightened monetary policy
07/14/2013
The continued dominance of portfolio investment in aggregate foreign capital inflows, according to the apex bank, was due largely to the higher returns on domestic financial assets
07/07/2013
A recent study reveals Britain as the leading merger and acquisition (M&A) investor in Africa in the last decade
07/01/2013
Ecobank Transnational Inc. is seeking a new investment banking chief
06/25/2013
World's Strongest Bank, has signed a Memorandum of Understanding with Attijariwafa Bank, the first Bank in Morocco and one of the largest in Africa.
06/23/2013
Standard chartered tailors services to better serve company operations
06/18/2013
AfrAsia Bank Ltd. is considering expanding in Kenya
06/18/2013
Standard Group Limited has won the Sustainable Bank of the Year award for Africa and the Middle East.
06/16/2013
In Ghana, SGSS will provide custody of Ghanaian equities and bonds and a comprehensive foreign exchange and cash management service to a clientele of Ghanaian and foreign investors, frontier market funds and other players looking for increased exposure to
06/12/2013
The bank is now providing financial services - including import and export financing, bond issuances and bank guarantees - to its Chinese clients in Africa, especially in the northwestern part of the continent, Liu said.
06/12/2013
SGSS in Johannesburg already provides a comprehensive range of securities services in South Africa and now also covers Mauritius whilst in West Africa, SGSS will soon be expanding its presence to Ghana.
05/29/2013
EFG-Hermes Holding is cutting jobs as part of a plan to reduce costs after talks with Qatar's QInvest to set up the biggest Arab investment bank failed
04/14/2013
Egypt's largest investment bank, has released a statement saying its merger deal with the Qatari company Qinvest may not be executed if the Egyptian Financial Supervisory Authority ( EFSA ) does not approve it before 4 May
04/03/2013
EFG Hermes, the leading investment bank in the Arab world, released its consolidated financial results for the full year 2012