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financial services

Banking M&A in Kenya set to increase

April 17, 2017

Low valuations and the Central Bank of Kenya’s plan to lift the moratorium on licensing new banks could lead to an uptick in M&A activity in the country’s banking sector. View more at [more...]

Kibo backs I&M Rwanda in debut PIPE deal

April 9, 2017

Making its first Private Investment in Public Equity or PIPE deal for its $63 million second fund, Africa-focused private equity fund manager, Kibo Capital Partners, has announced that it has [more...]

Atlas Mara looks for a bounce

April 9, 2017

Macroeconomic factors and adverse currency shifts have pummeled Atlas Mara’s profits in the last year, but through a combination of cost savings and a focus on fintech opportunities, the Financial [more...]

AMCON sells Keystone Bank for $81.5mln

March 26, 2017

Nigeria’s Central Bank and the country’s Securities and Exchange Commission have given their blessing to the sale of Keystone Bank to a consortium of local investors for a reported $81 million. [more...]
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