Barclays Plc shares rose around 2.5 per cent in London on Wednesday after Sky News reported the British bank would sell a 1.6 billion pound (about Sh213 billion) stake in its African business.
Barclays said in early 2016 it would sell its 50 per cent stake in South Africa-based Barclays Africa Group as part of a strategy to refocus on the United States and Britain.