Barclays Plc’s Kenyan unit said full- year profit declined 13 percent after bad-debt provisions surged and the east African nation’s fourth-biggest lender incurred reorganization costs.
The Ghana Stock Exchange Composite Index snapped the longest losing streak since the seven days through July 15, increasing 0.2 percent to 1,145.55 by the 3 p.m. close in Accra.
Barclays Plc’s Mozambique unit got a 268.2 million-rand capital injection from its shareholders, most of which it will use to fund a new computer-services system.
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