bank
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People & Money
Access Buys Major Stake in South African Bank for $60M
Access Bank Plc has purchased a controlling interest in South Africa’s 74-year-old Grobank for about $60 million, its chief executive…
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Tech
Africa-focused Digital Bank Secures $2 million for Expansion
Umba, a digital bank for emerging markets, particularly Africa, this month secured $2 million in seed funding from investors –…
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People & Money
Stanbic IBTC Gets $75m Financing
A United Kingdom development finance institution (DFI), CDC Group, has offered a $75 million debt commitment to Stanbic IBTC Bank.…
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People & Money
Afreximbank Launches $1.5bn Covid-19 Support Facility
African Export-Import Bank (Afreximbank) and its partners have launched a $1.5 billion collaborative COVID-19 pandemic response facility to support African…
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People & Money
GTB Adopts Holding Company Structure
All things being equal, Nigeria’s most capitalised bank, Guaranty Trust Bank (GTB) Plc will become a holding company soon after…
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People & Money
No Rift Over Appointment of New MD, Jaiz Bank says
Jaiz Bank has said that there is no rift among its board members over the appointment of a new managing…
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