March 3, 2016/EnergyNet Ltd Gigawatt Mozambique announced this week a $200-million investment into Mozambique’s power sector, alongside several global stakeholders including Standard Bank and the World Bank, amongst many others. The investment will assist in harnessing Mozambique’s natural-gas resources, which will further benefit many of Mozambique’s neighbours in the southern Africa region. This – along with […]
Tag: Standard Bank
Etisalat hires Standard Bank for Nigeria tower sale – sources
Etisalat, the Gulf’s top telecom operator, has hired Standard Bank as an advisor for the planned sale of transmitter towers by its Nigerian affiliate, three banking sources aware of the matter said. Etisalat Nigeria is considering a sale of its towers in a deal that could raise about $400 million, […]
Bank Deposits in Nigeria, Others to Hit $1.1tn by 2020
The Joint Chief Executive Officer, Standard Bank Group, Mr. Ben Kruger,has said despite the challenges facing the banking sector in Africa, the banking industry in 16 key African economies will expand 1.5 times faster than GDP by 2020. Kruger, who made this known at the just-concluded Standard Bank Africa Media […]