* M&A deals jump by a third to $30.3 bln * Most are in energy, materials sector * Mozambique most-targeted country for M&A * Sub-Saharan debt issuance at record high The value of merger and acquisition deals targeting sub-Saharan African firms jumped by almost a third last year to $30.3 […]
Tag: Kenya
Kenya Second Largest Investor in Sub-Saharan Africa-IMF
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Monday said Kenya is the second largest investor in sub-Saharan Africa. Christine Lagarde, the Managing Director (MD) of the Fund made this disclosure in her speech ‘’Kenya at the Economic Frontier: Challenges and Opportunities’’ at the Kenya Private Sector Alliance […]
Nigeria’s GTBank Acquires 70% Stake in Kenyan Bank
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Nigeria’s Guaranty Trust Bank Plc (GTbank) Tuesday announced it has acquired 70 percent (70%) in Fina Bank Limited, Kenya with subsidiaries in Uganda and Rwanda. GTBank in a notice to the Nigerian Stock Exchange (NSE) following its letter dated July 16, 2013 informing the […]
