All posts tagged "sub saharan africa"

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  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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