08/30/2017
Imo Uncovers N650 Million Fraud in Pensions Board, Arrests Suspected Culprits
The retirees had collected cheques for full payment of their pensions but were disappointed to learn that the monies had been diverted.
Alternative Investments
08/30/2017
MenzGold to close gold vault market in Ghana
The notice comes on the back of the Bank of Ghana’s disclaimer against Menzbank’s banking operations.
08/28/2017
Anambra guber race: Aspirant promises sovereign wealth fund, infrastructure
“At present, I sit on the board of Nigeria–Canada Chamber of Commerce as a founding member and I used my position to broker a trade relations between Nigeria and Canada between 2012 and 2013.”
08/28/2017
Lebanese Private-Equity Firm Chases Diaspora in Africa for Deals
A debut debt fund primarily targeting Africa, with a target of $200 million, is in the works, Managing Partner Romen Mathieu said.
08/28/2017
South Africa's ARC Investments IPO targets $650 mln valuation
ARC was formed about a year ago by Motsepe and two other veteran financial services executives, Johan van Zyl and Johan van der Merwe
08/25/2017
Largest Green-Bond Fund for Emerging Markets Nearing $2 Billion
We see the opportunity to offer yield and diversification to these investors.
08/24/2017
South Africa's ARC Investments aims to raise $300 mln via listing
Rand Merchant Bank, an investment banking unit of FirstRand , is arranging the flotation.
08/23/2017
Say "No" To Frequent Urination - You can't sleep at night
One small step may help you change it.
08/23/2017
Absa's property fund: above the crowd
It was the second best rand-denominated unit trust over three years, the third best over seven years, and fourth over five years to the end of last year.
08/22/2017
Luxury expert, Kayode Modupe-Ojo sets his eyes on Ghana
Kayode’s entrepreneurial skills started quite early.
08/22/2017
Demystifying the dragon in Africa
The last decade or so the number of Chinese private enterprises entering Africa has been increasing.
08/22/2017
Quantum Global wins 2017 Fastest Growing Investment Company award
The founder is a testament to our approach, our partnerships across the continent as well as our clients’ satisfaction.
08/21/2017
Rand Merchant buys into global fintech firm
AlphaCode unit will acquire nearly 5% of Prodigy Finance, lender for international MBAs
08/18/2017
Insurance firms shake Kenya’s financial sector with goodies
Investors can also obtain credit facilities against their premiums.
08/18/2017
Absa Bank Limited refinances and upsizes Harmony Gold Limited’s existing Term Debt Facility
The bank is able to deliver on its mandate and has the capability to sell syndicated facilities to local and international financial markets.
08/18/2017
Africa’s Richest Man to Invest Up to $50 Billion in U.S., Europe
Aliko Dangote is tempted by renewable energy, petrochemicals
08/18/2017
Navigating The Minefields Of Estate Planning With Carried Interest
The podcast also explores ways to avoid pitfalls under Section 2701 and helps practitioners understand the impact of potential tax reform changes.
08/17/2017
Cash-strapped state governments show appetite for investments
This is a significant departure from the governors’ position a few years ago.
08/17/2017
Foreign investors, Wapic in race to acquire Ensure Insurance
BusinessDay investigations reveal that the foreign companies are already talking with the owners of Ensure, outside Nigeria, for a possible acquisition
08/17/2017
UN Environment signs pact with Kenya's Safaricom to advance green agenda
He urged the Kenyan government to enact policies that encourage businesses to invest in clean technologies and conservation of vital ecosystems such as forests and watersheds.