African Banking Opportunity Draws Ex-Barclays CEO Bob Diamond Back Into The Business

Former Barclays Plc. (LON: BARC) executive Bob Diamond is making a comeback - in sub-Saharan Africa. He has partnered with billionaire Ashish Thakkar, founder and CEO of Mara Group, a conglomerate involved in projects in 19 African countries. Before Christmas, Diamond is expected to launch a shell fund that will float on the London Stock Exchange. He's asking investors for $250 million, which will be allocated to investment in the sub-Saharan African banking sector - a market with great potentia...