{"id":475483,"date":"2022-02-22T13:44:45","date_gmt":"2022-02-22T13:44:45","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=475483"},"modified":"2022-02-22T13:44:45","modified_gmt":"2022-02-22T13:44:45","slug":"citigroup-interested-in-commercial-banking-services-in-africa","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2022\/02\/22\/citigroup-interested-in-commercial-banking-services-in-africa\/","title":{"rendered":"Citigroup interested in commercial banking services in Africa"},"content":{"rendered":"<p>The American bank Citigroup will launch its commercial banking services in South Africa, Nigeria, Kenya and Egypt due to the presence of large multinationals in these countries. \u201cWe will be in the markets with a caveat that we are not going to go to very small or small businesses, but rather focus on bringing the... <\/p>\n<div class=\"pmpro\"><div class=\"pmpro_card pmpro_content_message\"><h2 class=\"pmpro_card_title pmpro_font-large\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"var(--pmpro--color--accent)\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\" class=\"feather feather-lock\"><rect x=\"3\" y=\"11\" width=\"18\" height=\"11\" rx=\"2\" ry=\"2\"><\/rect><path d=\"M7 11V7a5 5 0 0 1 10 0v4\"><\/path><\/svg>Membership Required<\/h2><div class=\"pmpro_card_content\"><p> You must be a member to access this content.<\/p><p><a class=\"pmpro_btn\" href=\"https:\/\/www.financialafrik.com\/en\/membership-account\/membership-levels\/\">View Membership Levels<\/a><\/p><\/div><div class=\"pmpro_card_actions pmpro_font-medium\">Already a member? 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<a href=\"https:\/\/www.financialafrik.com\/en\/login-3\/?redirect_to=https%3A%2F%2Fwww.financialafrik.com%2Fen%2F2022%2F02%2F22%2Fcitigroup-interested-in-commercial-banking-services-in-africa%2F\">Log in here<\/a><\/div><\/div><\/div>","protected":false},"author":536282,"featured_media":475484,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[16158,11996,12038],"tags":[12322,2879,20692],"class_list":{"0":"post-475483","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-bank","8":"category-finance-en","9":"category-premium-en","10":"tag-africa-en","11":"tag-citigroup","12":"tag-commercial-banking","13":"post_format-post-format-aside","14":"pmpro-level-required","15":"pmpro-level-1","16":"pmpro-level-3","17":"pmpro-level-4","18":"pmpro-level-5","19":"pmpro-level-6","20":"pmpro-level-7","21":"pmpro-no-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Citigroup interested in commercial banking services in Africa - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.financialafrik.com\/en\/2022\/02\/22\/citigroup-interested-in-commercial-banking-services-in-africa\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Citigroup interested in commercial banking services in Africa\" \/>\n<meta property=\"og:description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.financialafrik.com\/en\/2022\/02\/22\/citigroup-interested-in-commercial-banking-services-in-africa\/\" \/>\n<meta property=\"og:site_name\" content=\"Financial Afrik\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/FinancialAfrik\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-22T13:44:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2022\/02\/Citigroup.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"460\" \/>\n\t<meta property=\"og:image:height\" content=\"268\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Albert Savana\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:site\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Albert Savana\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2022\\\/02\\\/22\\\/citigroup-interested-in-commercial-banking-services-in-africa\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2022\\\/02\\\/22\\\/citigroup-interested-in-commercial-banking-services-in-africa\\\/\"},\"author\":{\"name\":\"Albert Savana\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#\\\/schema\\\/person\\\/12e2e10e56f65df0540cb842b7b0ce22\"},\"headline\":\"Citigroup interested in commercial banking services in Africa\",\"datePublished\":\"2022-02-22T13:44:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2022\\\/02\\\/22\\\/citigroup-interested-in-commercial-banking-services-in-africa\\\/\"},\"wordCount\":216,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2022\\\/02\\\/22\\\/citigroup-interested-in-commercial-banking-services-in-africa\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2022\\\/02\\\/Citigroup.jpg\",\"keywords\":[\"Africa\",\"Citigroup\",\"commercial banking\"],\"articleSection\":[\"Bank\",\"Finance\",\"Premium\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2022\\\/02\\\/22\\\/citigroup-interested-in-commercial-banking-services-in-africa\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2022\\\/02\\\/22\\\/citigroup-interested-in-commercial-banking-services-in-africa\\\/\",\"url\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2022\\\/02\\\/22\\\/citigroup-interested-in-commercial-banking-services-in-africa\\\/\",\"name\":\"Citigroup interested in commercial banking services in Africa - Financial Afrik\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2022\\\/02\\\/22\\\/citigroup-interested-in-commercial-banking-services-in-africa\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2022\\\/02\\\/22\\\/citigroup-interested-in-commercial-banking-services-in-africa\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2022\\\/02\\\/Citigroup.jpg\",\"datePublished\":\"2022-02-22T13:44:45+00:00\",\"description\":\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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We aspire to neutrality, but we assume our subjectivity","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.financialafrik.com\/en\/2022\/02\/22\/citigroup-interested-in-commercial-banking-services-in-africa\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.financialafrik.com\/en\/2022\/02\/22\/citigroup-interested-in-commercial-banking-services-in-africa\/#primaryimage","url":"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2022\/02\/Citigroup.jpg","contentUrl":"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2022\/02\/Citigroup.jpg","width":460,"height":268,"caption":"epa02098019 (FILE) A file picture dated 05 November 2007 shows the Citigroup headquarters in New York, USA. The US Treasury Department on 29 March 2010 announced it would sell its multi-billion-dollar stake in Citigroup in 2010, in what would be one of the largest stock sales in history. The department said it intends 'to fully dispose of its approximately 7.7 billion shares of Citigroup, Inc. common stock over the course of 2010 subject to market conditions.' The US government owns 27 per cent of the firm and shares worth around 33 billion US dollars (24.5 billion euro) at current market rates. 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