Barclays CEO confirms it is selling Barclays Africa, including Absa

Barclays CEO confirms it is selling Barclays Africa, including Absa: Barclays plans to sell down its 62.3 per cent stake in Barclays Africa over the next two-three years, CEO Jes Staley told CNBC this morning. Barclays is withdrawing from Africa after almost a century there.