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Co-operative Bank targets Kigali and Kampala
The Kenyan banking sector giant, the Co-operative Bank, is counting on the assistance of neighbouring presidents Yoweri Museveni and Paul Kagame to revive its plans for regional expansion and become one of the small circle of Kenyan banks operating abroad. [...]
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. [...]