Barclays said in early 2016 it would sell its 50 per cent stake in South Africa-based Barclays Africa Group.
Shares in Barclays Africa fell 3.5 per cent in Johannesburg.
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.
The planned sale, which Sky reported could come as soon as Wednesday evening, would take Barclays' interest in the Africa unit from 50 per cent down to 28 per cent.
Shares in Barclays Africa fell 3.5 percent in Johannesburg.
Reuters could not immediately confirm the Sky News report.
Barclays Group and Barclays Africa declined to comment.
