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Banking and Finance

Barclays Africa weathers economic storm for now

South Africa’s tough economic conditions have taken their toll on Barclays Africa, with the bank’s revenue falling by 1%. It still outperformed its UK counterpart, which felt the effect of its Africa sale in June. Barclays Africa reported a…
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Barclays sells £2.2bn stake in African business

Barclays Africa Group Limited has announced that following the completion of South Africa's largest bookbuild in South African Rands, Barclays PLC has sold 33.7% of Barclays Africa's issued share capital at a price of R132 per share. This…
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Germany’s contribution to the African economy

For Sylvie Nantcha it is vital that she sends money to her mother in Cameroon every month. "In our country there is no social welfare and no medical insurance”, she told DW. Nantcha has been living in Germany for 24 years, but the…
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Gambia’s Jammeh-era central bank governor sacked

The head of Gambia's central bank Amadou Colley, appointed by the previous President Yahya Jammeh, has been sacked. No official reason has been given for the sacking and Mr Colley told the Reuters news agency that he did not know why he had…
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