Industrial and Commercial Bank of China (ICBC) News

Sim Tshabalala, CEO, Standard Bank Group

Africa's Biggest Bank Names Tshabalala as First Sole Black CEO

Standard Bank is now only South African lender with black CEO. Kruger will remain an executive director of the bank.

Bob van Dijk, CEO, Naspers

Africa's most valuable company Naspers worth less than what it owns (Infographics)

Fifteen years ago, a South African media company invested $34 million in an obscure Chinese Internet developer. Today that stake is worth $88 billion.

Bob Diamond, CEO of Atlas Mara and former CEO of Barclays. Credit:

Barclays' former CEO Bob Diamond reportedly wants to buy the bank's African assets

Bob Diamond, the American executive who was forced out as Barclays’ CEO in 2012, is reportedly interested in buying the British bank’s African operations.

Ben Kruger, Co-CEO, Standard Bank

Standard Bank opens Ethiopia office to cater to fast growing economy

Standard Bank Group has opened a representative office in Ethiopia.

Ben Kruger, Co-CEO, Standard Bank

South Africa's Standard Bank abandons global emerging market aspirations to focus on Africa

Standard Bank Group’s full year results to December brought to an end a five-year “journey of transformation” for the bank, from aspiring to be a leading emerging markets bank to realigning its strategy with Africa at the core of its business, said joint chief executive, Ben Kruger on Thursday.

River Dam

Ethiopia's $1.8B Gilgel Gibe III dam project could start power generation by June

A much-delayed $1.8 billion dam project under construction along Ethiopia’s Omo river could begin generating power by June and be fully operational by early 2016, an official said on Thursday.

IHS Towers

IHS Nigeria secures $200M financing

IFC has announced a commitment of USD 200 million to help IHS Nigeria expand its tower portfolio and create mobile infrastructure that will improve service quality for operators and consumers in Nigeria.

The Johannesburg Stock Exchange (JSE)

Africa: Now a major player in emerging markets financial services

The Africa Finance & Investment Forum 2014 represented something of a landmark for the oldest continent and its plans for the future. Held in Cologne, it was the first such conference to be held in Germany, Europe’s economic motor and a strategic partner in several African ventures.

Nuclear plant

South Africa and China sign nuclear energy pact

China and South Africa sealed three nuclear pacts, as a contest intensifies for contracts to build new atomic plants in the continent’s second-largest economy.

Stanbic IBTC

Is there hidden value in Nigeria's Stanbic IBTC?

Stanbic IBTC is Nigeria’s best-performing bank stock. Its share price has climbed 40.5% this year and 55.4% over the past twelve months. Is it nearing the end of its run? Or is the market offering investors a discount to the bank’s real worth?

Ed Winter, CEO, FastJet

FastJet in talks to add 10 Airbus A319s by end of 2015: Ed Winter, CEO, FastJet

FastJet Plc (FJET) said it’s in talks about adding more Airbus Group NV (AIR) short-haul jets to the fleet as the discount carrier seeks to open bases in Zambia, Zimbabwe and Kenya next year while expanding operations in Tanzania.