A Barclays logo is pictured outside the Barclays towers in Johannesburg December 16, 2015. REUTERS/Siphiwe Sibeko
Barclays has raised 603 million pounds ($876 million) by selling a 12.2 percent stake in Barclays Africa Group, a crucial first step in a plan to curb risk and refocus on core markets in Britain and United States.
Barclays is selling down its 62 percent stake in the South African lender as part of
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
BusinessDay
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more
