Metrofile Holdings Ltd : * Nigeria expansion * Secured premises in Lagos, Nigeria thereby enabling the opening of the business * Nigerian business unit is expected to contribute to profitability within 24 months of opening. Source: Reuters
Tag: South Africa
Nigerian banks lure S’African lenders
Nigerian banks are rebounding from a record discount to lenders in South Africa as growth prospects for the continent’s two largest economies diverge. Investec Asset Management says the rally has further to run, according to a Bloomberg report on Friday. The Nigerian Stock Exchange Banking 10 Index has increased 19 […]
Actis buys South Africa payment and card firm for $95 million
 Private equity firm Actis has agreed to buy the payments and ATM business of South Africa’s Transaction Capital (TCPJ.J) for $95 million, targeting the growth of debit cards and electronic payments among millions of low-income shoppers. Actis, a London-based firm focused on emerging markets, will pay 937 million rand […]
