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All posts tagged "sub saharan africa"

  • GTB acquires 70% shares of Kenyan bank

    Guaranty Trust Bank (GT Bank) yesterday announced that it had reached an agreement to acquire a 70 per cent stake in Kenya’s Fina Bank Limited for $100 million (N16 billion). Fina Bank has total assets of $338...

    • Posted July 19, 2013
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  • Jaiz Bank capitalisation hits N13bn

    Jaiz Bank plc, Nigeria’s first non-interest bank has raised its authorized share capital to N13 billion and now has 10 branches after one and a half years of operation. The latest branch which was opened in Kastina...

    • Posted July 18, 2013
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  • GE breaks ground for $250m manufacturing and assembly plant in Calabar

    Following its announcement  last year that it intends to invest $1 billion in Nigeria, General Electric (GE) has scheduled the groundbreaking for its $250 million manufacturing and assembly plant for Tuesday in Calabar. The ceremony will be...

    • Posted June 16, 2013
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  • Africa’s food market can hit $1 trillion by 2030 – World Bank

    A report released by the World Bank on Monday predicted that Africa’s Agricultural sector could become a $1 trillion industry by 2030, if governments and the private sector put up better policies and empower African farmers. According...

    • Posted March 5, 2013
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