Barclays CEO confirms Africa divestiture

The Barclays Plc chief executive Jes Staley has confirmed that the bank will partly divest from its African business within the next ‘two to three years’. The London-based lender, which owns 62.3 per cent of Barclays Africa, through an entity that in turn holds a 68.5 per cent stake in Barclays Bank Kenya (BBK), has been