05/16/2019
President Kenyatta said that African states must ensure that technology is not used as a medium of propagating social vices such as division, classism and ethnicity but rather as a tool to solve problems.
05/16/2019
The UK remained Nairobi’s largest source of foreign investment with a Sh217.84 billion portfolio despite registering a Sh3.44 billion drop from 2016’s value, the statistics show.
05/16/2019
The announcement shows that investors interested in the bond will be required to give a minimum of $200,000 (Sh20 million).
05/15/2019
Have investors been missing out?
05/15/2019
Africa has long had a fraught relationship with the capital markets – can the continent put that difficult history behind it and, crucially, fund the next stage of its development?
05/15/2019
During the workshop, it emerged that about 50 000 pensioners could be wallowing in poverty yet their pensions amounting to millions of dollars are lying idle.
05/14/2019
The fund will have higher fees that Moneybox’s standard global shares fund, at 0.18 per cent compared to 0.12 per cent per year.
05/14/2019
Corruption allegations and charges have destroyed the reputation of Public Investment Corporation and has led to the complete collapse of VBS Mutual.
05/13/2019
According to the ministry, of the total borrowing requirement of over the past four years, only a total of 33.5 billion Namibian dollars (2.3 billion U.S. dollars) was borrowed within the same period.
05/13/2019
Reuters news agency reported that JP Morgan and Standard Chartered bank have been appointed lead arrangers and that the Eurobond that will be listed on both the Irish and London stock exchanges.
05/13/2019
A legacy of apartheid, inequality remains so ingrained the ANC hasn’t been able to narrow the wealth gap since taking power 25 years ago.
05/13/2019
Larbie also noted that Nigeria’s infrastructure deficit, which requires a funding of $3trillion over a 30-year period
05/13/2019
Is the sum of the parts worth more than the previous whole?
05/10/2019
Continent’s largest economy is worried the deal will hurt its local industries
05/10/2019
The new bond will be listed on the Irish and London stock exchanges, the lead arranger said.
05/09/2019
For Japan’s infrastructure exports to Africa, NEXI should cover 85 per cent of the fundings while the IDB and the ATI will cover the remaining 15 per cent.
05/09/2019
Equity Bank plans to expand to the Ethiopian market later this year once the Ethiopian government okays its plan.
05/08/2019
African banks expertly wield tech tools to satisfy corporate clients and draw in millions of new consumers from cities and rural areas.
05/08/2019
“The proposed project is for an equity investment of $50 million, not to exceed 20 percent of total committed capital.
05/08/2019
Feuds with its neighbours and unemployment at home have driven Morocco to look beyond Africa’s Maghreb region to develop new markets.