Banking & Finance

Ecobank and ICICI enter into a partnership to extend banking services

ecobank  red hand recordsEcobank Transnational Incorporated (ETI) has entered into a partnership with Indian private sector bank ICICI Bank in an attempt to establish itself as a gateway for Indian investment into Africa

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World Bank sanctions US$70 million grant for Burkina Faso

burkina  Jeff AttawayThe World Bank has approved a grant of US$70mn to the West African nation of Burkina Faso in an attempt to help the country promote its economic growth and competitiveness

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Nigeria’s Zenith Bank to list on London Stock Exchange

altree sxcNigerian lender Zenith Bank is set to list its shares, valued at US$850mn, on the London Stock Exchange (LSE)

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Khartoum 'must establish banking presence in South Sudan'

South Sudan seceded from Sudan in July 2011. (Image source: Steve Evans/Flickr)The central banks in Sudan and South Sudan need to act quickly to cooperate and establish protocols between their respective central banks, according to one of Sudan's leading financial figures

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World Bank provides financial boost to Rwandan energy sector

power  Oran ViriyincyThe World Bank has signed a financing agreement with Rwanda worth US$60mn, which will see the global bank help boost the country’s energy rollout programme

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