Citigroup is now trading securities from countries such as Kenya, Botswana, Tanzania, Uganda and Ghana for its clients. Within a few years, it has gone from trading in only two countries in sub-Saharan Africa to 12.
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Banks wanted
Standard Bank (aka Stanbic) is seeking mid-size retail banks in Kenya, Nigeria, Ghana and Angola, in addition to invest heavily in its own operations in Kenya to grow at 25 percent a year,
Stanbic is Kenya's 12th largest bank and its assets grew by 36% in the half year.
