For a long time, the banking sector in Ethiopia now has been dominated by local players, but recent policy changes could bring in foreign juggernauts.| Finance in Africa
The capital raise is aimed at ensuring compliance with CBN's minimum capital requirements for banks and aligns with its long-term strategic objectives.| Finance in Africa
HSBC Holdings Plc has officially exited South Africa, ending a three-decade run which will see its assets and operations transferred to FirstRand.| Finance in Africa
Fidelity Bank Plc has denied claims that Nigeria’s apex court ordered it to pay $139 million in damages over a disputed legacy loan.| Finance in Africa
JPMorgan has upgraded its outlook on Afreximbank’s Eurobonds to overweight, citing more attractive pricing following a recent Fitch downgrade.| Finance in Africa
