Uganda’s central bank has sold the majority stake in Imperial Bank Uganda, previously held by Kenya’s collapsed Imperial Bank, to Tanzania’s Exim Bank.
The transaction has whittled down Imperial’s assets - whose only subsidiary was the…
Following the launch and opening of the first South African Concept Store in 2010 at Wembley Square in Cape town, Dermalogica went on to open 4 additional doors in Rosebank, Woodlands, V&A Waterfront and Cavendish.
The tribe has now…
Lagos Angel Network (LAN) has developed a new platform set to raise about N 100 million (US $ 500,000) for startups in the country.
The platform dubbed "Startup DealDays" are pitch events to be run by the Lagos Angel Network quarterly,…
EAC Heads of State have launched the construction works for the Arusha-Holili/Taveta road which will provide an additional link between the Central and Northern Transport corridors.
The launch of the Tanzanian section of the…
Barclays Bank of Kenya announced a profit after tax of Sh 8.4 b for the year ended 31 December 2015.
During the period under review, the bank registered a 16percent growth in net customer assets.
the lender attributed the growth to…
Tatu City a satellite city development on 2,500 acres near Nairobi, is offering practical experience to postgraduate candidates from the University of Nairobi’s Department of Real Estate & Construction Management (RECM).
In inaugural…
Barclays Bank of Kenya has partnered with the Postal Corporation of Kenya (PCK) which will see Barclays customers access the bank’s services through PCK’s 400 outlets across the country.
Following this move, Barclays’ customers will now…
NIC Bank Group's pretax profit rose 3 percent in 2015 and the lender plans to nearly double its branch network to tap faster growing markets such as retail banking, it said on Wednesday.
The mid-tier lender renowned for asset financing…
Visa a global payment company has announced its intention to open an office in Côte d'Ivoire to reinforce its position as a leading payments technology company.
The expansion plans will help deliver financial services to the unbanked…
For the first time, Egypt will host the international competition for electric vehicles in which of 150 students from 10 engineering schools in Egypt will participate during the first half of March 2016.
The competition will be organised…
