African bank Atlas Mara is in talks to invest US$22.5mn in Banque Populaire du Rwanda (BPR) and merge it with BRD Commercial Bank
Finance
EU to sign regional support integration programme with Zimbabwe
The EU has decided to sign a US$1mn regional integration support programme with Zimbabwe’s Ministry of Industry and Commerce, focusing on sanitary and phytosanitary measures, according to Philippe Van Damme, ambassador and head of the EU Delegation to Zimbabwe
‘Renew and new’ way forward for banks in Africa
The 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
Angolan wealth fund to provide US$1.4bn to support different economic sectors
Angolas 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 nations economy
Republic Bank confident of HFC Bank Ghana takeover
Republic Bank has expressed confidence that it will acquire a majority share in Ghanaian bank HFC