Ex-Barclays boss Bob Diamond's bank calls it quits on Rwandan venture Free
Once a favourite with the government, Atlas Mara, owned by former Barclays boss Bob Diamond, has pulled out of Banque populaire du Rwanda. [...]
AFRICA CANADA
Canadian "Warren Buffett" excludes his banks from deal for big new African investment group
Canadian financier Prem Watsa, who heads the giant Fairfax investment group, announced plans to bring fellow investment giant Helios into the capital of his African subsidiary, Fairfax Africa, on 10 July. Fairfax Africa will divest itself of its struggling African banks, however, before Helios proceeds with its investment. [...] (543 words)
Issue dated 22/07/2020
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