Bidvest to sell banking business to Access Bank for $157.2 million
Bidvest Group to sell its stake in Bidvest Bank Holdings to Access Bank for $157.2 million as part of its financial services simplification strategy.
Access Bank
Access Bank expands to Malta, strengthening Europe-Africa trade links
Access Bank's decision to establish a presence in Malta signals its broader push into key global markets, following the recent opening of its Hong Kong branch.
Access Bank plans dollar-denominated securities sale to fuel expansion, targets entry into U.S. market by 2026
Bank eyes African dominance and global market growth amid international bank pullbacks.
Nigerian banker Herbert Wigwe dies in helicopter crash
Wigwe died on Saturday in a helicopter crash in the United States.
Nigerian banker Herbert Wigwe-led Access Bank ventures into Hong Kong market
Wigwe highlighted the significance of Access Holdings’ presence in the Hong Kong market, emphasizing its potential to boost cross-continental trade.
Centum, controlled by family of late tycoon Chris Kirubi, set to repay $19-million debt
Following Kirubi’s demise, his son Robert Kirubi and daughter Mary-Ann Musangi received 80 percent of his fortune.
Led by Herbert Wigwe, Access Bank acquires Kenya’s Sidian Bank
The deal is worth Ksh 4.3 billion ($36.7 million).
Associates linked to Kenya’s late President Daniel Arap Moi will receive $3.4 million from two-year-old deal
The $3.4-million payout represents the balance from their stake in Transnational Bank sold to Access Bank in 2020.
Nigerian businessman Herbert Wigwe loses $3.14 million as Access Bank shares retreat from record highs
Wigwe nonetheless ranks among the wealthiest investors on the Nigerian Exchange.
Kenyan top executive James Ndegwa suffers $1.8-million loss as NCBA Group shares decline
The loss came off the back of profit-taking actions and portfolio-rotation activities on the Nairobi Stock Exchange.
Herbert Wigwe’s Access Bank completes acquisition of BancABC Botswana
BancABC Botswana is a well-capitalized franchise with impressive growth prospects in Southern Africa.
Nigerian banking tycoon Herbert Wigwe to pocket $1.1-million interim dividends from Access Bank
The dividend will be paid from the bank’s $211.1-million profits earned in the first half of 2021.
Shares of Herbert Wigwe’s Access Bank are up by $82 million following South Africa unit launch
The surge in its market capitalization came on the back of a 12-percent rise in the bank’s share price.
Nigerian banker Herbert Wigwe’s stake in Access Bank gains $4.05 million in 43 days
An uptick in the bank’s share price steered the increase in his stake’s market value.
Access Bank’s acquisition of BancABC Mozambique step to pan-African scale: Group CEO
Access Bank Group also recently acquired Grobank South Africa.
Nigerian banking executive Herbert Wigwe’s Access Bank Group acquires South Africa’s Grobank
The Nigerian tier-1 capital bank now has a controlling stake in Grobank.