Banking & Finance

‘Renew and new’ way forward for banks in Africa

Micheal-RehThe continent’s growing opportunities mean an increased focus on banking modernisation and ‘Renew and new’ is the way forward for banks and Finacle is at the centre of this strategy, says global head Michael Reh

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Angolan wealth fund to provide US$1.4bn to support different economic sectors

miningAngola-pixabayAngola's sovereign wealth fund Fundo Soberano de Angola (FSDEA) has allocated US$1.4bn to five new investment funds focused on the growth of various sectors of the Central African nation's economy

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Republic Bank confident of HFC Bank Ghana takeover

Republic Bank confident of HFC Bank Ghana takeoverRepublic Bank has expressed confidence that it will acquire a majority share in Ghanaian bank HFC

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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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