Tag: Financial services

Absa expands Tanzania footprint with $2.9 billion banking deal

Absa Tanzania banking deal will create a $3 billion lender, expanding the bank's East Africa footprint and regional banking growth.

Timilehin Adejumobi Timilehin Adejumobi

Capitec sells rental finance unit to Sasfin in $4 million deal 

Capitec sells rental finance unit to Sasfin for $4 million as the bank sharpens focus on core banking operations.

Timilehin Adejumobi Timilehin Adejumobi

Old Mutual Bank adds senior executives as Africa banking push intensifies

Old Mutual Bank hires senior executives as it prepares to challenge Capitec and expand its banking business in South Africa.

Oluwatosin Alao Oluwatosin Alao

Santam becomes first African insurer to win Lloyd’s of London approval to launch a global insurance syndicate

Santam gets nod to launch global syndicate in London, becoming first African insurer to win Lloyd's of London approval

Feyisayo Ajayi Feyisayo Ajayi