12/06/2018

AfricInvest closes fourth North African fund

AfricInvest has closed its fourth North African fund at 194 million euros. Maghreb Private Equity IV’s investors include the African Development Bank. MPEF IV will invest in small and media companies in North Africa.

11/26/2018

Nigerian equities lose N2.04 trillion

Also during the week, the agenda-setting Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) unanimously voted to retain all policy rates during its last meeting for the year.

11/21/2018

Banks borrow N764bn from pension fund

The report further stated that some of the money was invested in agency bonds, supra-national bonds, commercial papers, foreign money market securities, and open/close-end funds.