Africa

    The British banking group Barclays has confirmed today March 1st that it will exit African market.

    Barclays PLC Chief Executive Jes Staley has decided to shut the bank’s operations in Africa, the Financial Times said on Friday, citing sources familiar with the matter.

    In recent years, African governments have turned to Eurobonds as a way of funding deficiencies in their development budgets. Some of the countries include Kenya, Ivory Coast, Uganda, Zambia, Namibia, Gabon and Angola among others.

    More Articles …

    1. AfDB to issue $1bn bond, at a coupon of 1.125%
    2. M-Pesa signs deal for direct cash transfers to MasterCard holders
    3. Private equity firms more than double Africa-focused funds
    4. Online mining auctions industry booms
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    african indices

    BRVM-CI325.14-0.31%03/10
    BSE DCI10,610.53-03/10
    DSE ASI2,484.57+0.27%03/10
    EGX 3036,900.70+0.36%02/10
    GSE-CI8,410.56+0.53%03/10
    JSE ASI109,778.10+1.56%03/10
    LuSE ASI25,276.85-0.09%03/10
    MASI18,820.18+1.95%03/10
    MSE ASI600,469.03+1.26%03/10
    NGX ASI143,584.04+0.42%03/10
    NSE ASI178.50-0.26%03/10
    NSX OI1,962.75+1.75%03/10
    RSE ASI179.26+0.06%03/10
    SEM ASI2,192.87+0.29%03/10
    TUNINDEX12,288.18-0.78%03/10
    USE ASI1,466.72+0.21%03/10
    ZSE ASI205.16-0.51%03/10
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