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NIGERIA

Union Bank gets boost from IFC

The World Bank's private sector arm might extend guarantees to the Union Bank of Nigeria, a subsidiary of the Union Global Partners conglomerate and Atlas Mara, Barclays' ex-CEO Bob Diamond's fund. [...] (455 words)

Issue dated 09/07/2020 Reading time 2 minutes

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Finance Business

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NIGERIA
Africa Finance Corp
African Capital Alliance
African Development Corp
Ashish J. Thakkar
Atlas Mara
Bob Diamond
Corsair Capital
Covid-19
Emeka Emuwa
FMO
Global Trade Finance Program
International Finance Corp
Richard Chandler Corp
Standard Chartered Private Equity
Union Bank of Nigeria
World Bank

Financial lobby group Paris Europlace to train francophone Africa's top regulators

Paris Europlace, the body which promotes Paris as a financial centre, is setting up a training programme for West African financial regulators and civil servants. It will be run in partnership with Paris Dauphine University and the World Bank's International Financial Corporation.

FRANCE NIGERIA Finance Business 09/07/2021

France pulls out all the stops for Wigwe's Access Bank new Paris branch

The French government is fostering its ties with Nigeria's captains of industry, and in particular Herbert Wigwe, who recently announced that his bank would open a Paris branch.

AFRICA CANADA Finance Business 22/07/2020

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.

KENYA Finance Business 13/07/2020

Banking giant Equity stumbles in its expansion beyond Kenya

After failing to acquire a stake in the Atlas Mara fund's banks, Kenyan banking group Equity is playing catch-up in Congo.

Spotlight

NIGERIA Finance Business 09/06/2020

How Nigeria built a foothold in Saudi Islamic Bank of Development

Nigeria secured additional financing from the Saudi Arabian public finance institution, the Islamic Development Bank, last month. The country has gradually increased its stock in the bank in recent years to now sit as one of its main shareholders.

MOZAMBIQUE Energy Business 11/05/2020

EleQtra bets big on Namaacha wind farm project

The UK's EleQtra, which works alongside InfraCo Africa on several renewable energy projects in Africa, is going solo on a wind farm in Namaacha, Mozambique.

The wind farm under construction in Namaacha.

Spotlight

MADAGASCAR Business 29/04/2020

Rajoelina's tug-of-war over post-Covid-19 business climate

Worried the country could be facing a deep social crisis, President Andry Rajoelina wants to whip the economy back into shape but he is having trouble convincing Madagascan businesses of his plan of attack.

NIGERIA Energy 16/12/2014

Funding put together for Azura-Edo

The International Finance Corp (IFC), a unit of the World

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NIGERIA
Africa Finance Corp
African Capital Alliance
African Development Corp
Ashish J. Thakkar
Atlas Mara
Bob Diamond
Corsair Capital
Covid-19
Emeka Emuwa
FMO
Global Trade Finance Program
International Finance Corp
Richard Chandler Corp
Standard Chartered Private Equity
Union Bank of Nigeria
World Bank

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Financial lobby group Paris Europlace to train francophone Africa's top regulators

France pulls out all the stops for Wigwe's Access Bank new Paris branch

Canadian "Warren Buffett" excludes his banks from deal for big new African investment group

Banking giant Equity stumbles in its expansion beyond Kenya

How Nigeria built a foothold in Saudi Islamic Bank of Development

EleQtra bets big on Namaacha wind farm project

Rajoelina's tug-of-war over post-Covid-19 business climate

Funding put together for Azura-Edo

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This article may be accessed by subscribers and e-wallet holders (USD 12.50)

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Set up email notifications for these topics

Financial lobby group Paris Europlace to train francophone Africa's top regulators

France pulls out all the stops for Wigwe's Access Bank new Paris branch

Canadian "Warren Buffett" excludes his banks from deal for big new African investment group

Banking giant Equity stumbles in its expansion beyond Kenya

How Nigeria built a foothold in Saudi Islamic Bank of Development

EleQtra bets big on Namaacha wind farm project

Rajoelina's tug-of-war over post-Covid-19 business climate

Funding put together for Azura-Edo

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Indigo Publications also publishes: