Absa is merging with Barclays Bank Africa Group after Absas minority shareholders voted in favour of the deal
Finance
World Bank provides financial boost to Rwandan energy sector
The Rwandan government has plans to connect at least 70 per cent of the country’s households to the national power grid. (Image source: Oran Viriyincy/Flickr)
The 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
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 Sudans leading financial figures
Nigeria’s Zenith Bank to list on London Stock Exchange
Nigerian lender Zenith Bank is set to list its shares, valued at US$850mn, on the London Stock Exchange (LSE)
World Bank sanctions US$70 million grant for Burkina Faso
The World Bank has commended Burkina Faso for its sound macroeconomic management which has sustained economic growth in 2012. (Image source: Jeff Attaway/Flickr)
The 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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