UBA's heavy investment in Afrinvest.

Author:Rosenberg, Anna
Position:AFRICAN BANKER'S WORLD - Brief article
 
FREE EXCERPT

Nigeria's UBA Plc announced that it has made a substantial equity investment in Afrinvest. Afrinvest is a privately owned investment bank specialising in African securities based in London. The investment extends UBA's presence outside Africa where it already has regulated operations in New York and the Cayman Islands, in addition to a presence in major African countries. Afrinvest Ltd is a London-based independent investment bank focusing exclusively on the African markets. This transaction results in a name change for Afrinvest which now becomes UBA Capital (Europe) Ltd. Tony...

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