First Bank of Nigeria has completed the acquisition of FBN Bank DR Congo, as part of plans to expand its presence in Africa
Banking & Finance
Orange and Ecobank launch money transfer service in Africa

The partnership between Ecobank and Orange is intended to enhance ease of transactions in Africa. (Image source: Ken Banks/Flickr)
Telecom company Orange and Africa’s Ecobank have launched a money transfer service between Orange Money accounts and Ecobank accounts in Africa
Bank of Industry signs MoU with 10 banks in Nigeria

Standard Chartered Bank Limited is one of the 11 banks that Nigerias BOI has signed an MoU with to provide loans to SMEs. (Image source: CanadianPacific/Flickr)
Nigeria’s Bank of Industry (BOI) has signed an MoU with ten deposit banks to provide loans to SMEs at low-interest rates
UAE Exchange eyes Ghana, Nigeria and South Africa

In 2013, UAE Exchange handled US$25.4bn in remittances, 6.1 per cent share of the global volume, and nearly half of that came from the UAE where it has its largest network of branches. (Image source: UAE Exchange)
Money transfer and foreign exchange company UAE Exchange is looking to expand its operations in Africa to include markets like Ghana, Nigeria and South Africa
Risks, returns and resilience across markets
International Housing Solutions and Helios Investment Partners were represented at Private Equity in Africa 2014 and indicated the current management climate for private equity investment in the continent