Barclays

South African lender Absa Group reported a 4 percent fall in half-year profit on Monday, weighed down by costs related to its separation from former parent Barclays.

After keeping bundled pricing unchanged last year as a retail turnaround had only begun to take shape, Absa has hiked the bundled prices of its three mid-market accounts.

LONDON - Barclays announced the sale of its Zimbabwe bank to Malawi-listed First Merchant Bank on Friday as the British lender continues its exit from Africa.

CAIRO - Morocco's Attijariwafa Bank paid twice book value to acquire Barclays' Egyptian business and hopes the acquisition will enable it to increase its market share in Egypt…