Bank has entered South Africa by opening a full service branch at Sandton in Johannesburg.
Johannesburg branch is an authorised financial services provider in South Africa, licensed by the South African Reserve Bank.
It will provide financial assistance to Indian joint ventures and subsidiaries across Africa, offer trade finance and short term funding for companies having trade links with India, the statement said.
Last year, ICICI Bank had sold its profit making Russian subsidiary ICICI Bank Eurasia Limited Liability Company (IBEL) to Sovcombank - marking its exit from Russia.