Tanzania: Barclays, Absa Agree On Africa Operations

EVENTUALLY, Barclays Bank PLC and its subsidiary Absa Group Limited (Absa) have announced their agreement to combine the majority of Barclays Africa operations with Absa.

According to the statement released in Dar es Salaam , the proposed combination accelerates Barclays 'One Bank in Africa' strategy and its goal to become the 'Go-To' bank on the continent.

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