Banking & Finance

Moody’s upgrades Egyptian banks’ ratings

Moodys upgrades Egyptian banks ratingsMoody’s Investors Service has upgraded the credit ratings of five Egyptian banks this month

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Indicators show solid growth for Barclays Africa

Indicators show solid growth for Barclays AfricaBarclays Africa has announced positive financial results for 2014, revealing steady growth in all sectors

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Afreximbank and IDB agree African cooperation

Afreximbank and IDB agree African cooperation The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank Group (IDB), has signed a cooperation agreement with the African Export-Import Bank (Afreximbank)

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ICD and Afreximbank sign agreement to promote development in Africa

construction-worldbank-flickrThe Islamic Corporation for the Development of the Private Sector (ICD) has signed an agreement with the African Export-Import Bank (Afreximbank) to foster development in ICD member countries in Africa

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First Bank of Nigeria completes acquisition of FBN Bank DR Congo

FirstBankofNigeriaFirst Bank of Nigeria has completed the acquisition of FBN Bank DR Congo, as part of plans to expand its presence in Africa

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