(Reuters) – The FBI has opened an inquiry into the multibillion-dollar trading losses at JPMorgan Chase, stepping up pressure on the bank after key U.S....

Africa Business News

S.Africa approves liquidity facility for banks

YoopyaMay 15, 2012

by YoopyaMay 15, 201201

JOHANNESBURG (Reuters) – South Africa’s Reserve Bank has approved the provision of a committed liquidity facility from which lenders in the country can draw from...

Africa Business News

Africa Finance Corp eyeing $3 bln deals in a year

YoopyaMay 15, 2012

by YoopyaMay 15, 201202

By Duncan Miriri NAIROBI (Reuters) – Africa Finance Corporation (AFC), a Lagos-based development financier, is considering potential investments worth $3 billion across sub-Saharan Africa over...

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