Banking & Finance

AfDB invests US$65 million in science and technology projects

AfDB invests US65 million in science NigeriaThe African Development Bank (AfDB) recently announced that it has invested US$65mn in science and technology-related projects in Nigeria

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South African bank awarded Nigerian business license

money sxcSouth Africa-based Rand Merchant Bank (RMB) has secured a merchant banking licence from Nigeria which permits it to establish a corporate and investment company in the country

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Bank of India sets up branch in South Africa

boiBank of India (BoI) has opened its first branch in Johannesburg, South Africa

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Bharti Airtel and Sanlam to distribute financial products across continent

Bharti-Airtel Sanlam agreementBharti Airtel has entered into an agreement with South African financial services group, Sanlam, for the distribution of insurance and health funding products across Africa

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Stanbic Bank Ghana seals US$21 million deal with Fuel Trade Limited

Standard Bank Headquarters logo at JohannesburgStanbic Bank Ghana Limited has announced it has signed a US$21mn deal with petroleum products distributor, Fuel Trade Limited, to design fuel storage tanks in the Tema region of Ghana

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