Banking & Financial Services

Central Bank of Nigeria Governor, Lamido Sanusi

Analysis of bids for four Nigerian banks finalised

Published by Staff Writer on 18 August 2010

Advisors have finished analysing bids received for four of Nigeria’s troubled banks. Analysis of bids for the five remaining banks is expected to be concluded by the end of the month.

Absa’s Nigerian office ‘not a late entry’

Published by Claude Harding on 9 August 2010

South Africa-based bank Absa is opening a representative office in Nigeria in a move CEO Maria Ramos says is not a late entry into Africa’s most populous nation.

Private equity fund invests in three Ecobank subsidiaries

Published by Staff Writer on 4 August 2010

The Ecobank Group has announced that it has reached an agreement with Advanced Finance & Investment Group for an investment of US$14 million in three of its subsidiaries.

Banking on Kenya’s women

Published by Dinfin Mulupi on 2 August 2010

When a group of ambitious professional women set up the Kenya Women Finance Trust in 1981, they had no idea that it would one day grow into a financial services giant.

Portuguese lender eyeing Mozambique’s Moza Banco

Published by Staff Writer on 29 July 2010

Banco Espirito Santo SA, Portugal’s largest publicly traded bank by market value, has signed a memorandum of understanding to acquire a 25% stake in Mozambique’s Moza Banco SA.

Second round of bank consolidation draws near in Nigeria

Published by Imara Africa Securities team on 28 July 2010

As expected, the passing into law of the AMCON Bill in Nigeria, as well as the advent of the reporting season, has seen Nigeria’s All Share Index rally somewhat over the past few days.

Absa’s bid to acquire Namibian bank rejected

Published by Staff Writer on 7 July 2010

The Bank of Namibia, the country’s central bank, has rejected South Africa-based Absa Group’s application to acquire a majority stake in Bank Windhoek.

Africa’s top microfinance stock pick?

Published by Imara Africa Securities team on 29 June 2010

Imara Africa Securities believes that operating in the continent’s microfinance industry can be sustainably profitable, if the business is managed correctly

Possible Chinese investment in Nigerian bank?

Published by Staff Writer on 24 June 2010

A Chinese bank might soon make an equity investment in Nigeria’s First Bank.

Mobile products transforming Kenya’s banking sector

Published by Dinfin Mulupi on 21 June 2010

With the launch of Safaricom and Equity Bank’s M-Kesho product, mobile banking in Kenya has taken another giant leap forward.

Standard Bank Group to provide sharia banking in Tanzania

Published by Staff Writer on 17 June 2010

Stanbic Bank, a member of the Standard Bank Group (SBG), has launched sharia banking products in Tanzania.

New margin trading rules for Nigeria

Published by Staff Writer on 15 June 2010

Nigeria’s Financial Services Regulation Coordinating Committee has issued new rules with regards to margin trading.

New mobile banking product launched

Published by Dinfin Mulupi on 15 June 2010

A new mobile banking product, targeting rural areas, has been launched in Kenya.

Barclays committed to South African subsidiary

Published by Staff Writer on 14 June 2010

Barclays Plc chief executive officer, John Varley, said the United Kingdom-based bank is committed to its South Africa subsidiary, Absa Group Ltd, which it bought for $4.48 billion in 2005.

Banking & Financial Services

Analysis of bids for four Nigerian banks finalised

Absa’s Nigerian office ‘not a late entry’

Private equity fund invests in three Ecobank subsidiaries

Banking on Kenya’s women

Portuguese lender eyeing Mozambique’s Moza Banco

Second round of bank consolidation draws near in Nigeria

Absa’s bid to acquire Namibian bank rejected

Africa’s top microfinance stock pick?

Possible Chinese investment in Nigerian bank?

Mobile products transforming Kenya’s banking sector

Standard Bank Group to provide sharia banking in Tanzania

New margin trading rules for Nigeria

New mobile banking product launched

Barclays committed to South African subsidiary

Nigeria: An African alternative to ChatGPT takes Telegram by storm

Entrepreneurs turn Zambia’s wild fruit into a growing juice business

From catfish to cassava: Seven Nigerian agribusiness entrepreneurs to watch

How a Nigerian bread company made it big in Canada

Six entrepreneurs capitalising on Tanzania’s agribusiness opportunities

$770 per acre: Why Kenyan farmers are turning to sunflowers

Nigerian cassava: The next big thing in US food market?

Supplying the American market with Nigerian superfoods

Four entrepreneurs taking Nigeria’s agri products global

Kenyan chemicals business targets growing construction, leather industries

Dangote launches Africa’s biggest oil refinery – how it will affect Nigeria

A businessman’s account of establishing a spice company in Uganda

Entrepreneur capitalises on a gap in Senegal’s logistics industry

Nigeria: Investing in African agriculture and real estate with Subomi Plumptre

Egypt: Inventory management goes digital for Cairo’s corner stores

South Africa: ‘Load shedding is an opportunity’ for private equity

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