03/28/2017
Sterling Bank obtains $15m ICD facility
In the same vein, the Central Bank of Nigeria had approved an array of innovative non-interest financial instruments which will keep the franchise ahead of industry performance.
Alternative Investments
03/28/2017
Nisela Capital’s MD's plans to lead the company into the black industrialist space
As Nisela’s managing director, Ngwenya exudes quiet control and has a reputation for spotting opportunities and relentlessly driving deals.
03/28/2017
Nasty surprise for pensioners after change to foreign service exemption
SA tax residents could see benefits reduce due to higher tax burden.
03/24/2017
Old Mutual aims to shake local insurance industry
Old Mutual has officially launched the Old Mutual Botswana Life Insurance Company with a goal to participate more meaningfully in growing the local economy and improve the lives of Batswana.
03/24/2017
Private equity falls short in spurring African development
Bulk of funding flows into sectors that generate little wealth
03/23/2017
Sanlam expands East Africa presence
Sanlam Emerging Markets will acquire PineBridge Investments’ majority stake in PineBridge Investments East Africa
03/23/2017
NSE partners Access Bank to promote financial inclusion
The NSE said the event, scheduled from March 27 to March 31 across all NSE offices in Nigeria, would mentor young people on investment matters
03/22/2017
China to Build New Industrial City in Tangiers
It will be a new international smart city where industry and innovation respect ecology requirements.
03/22/2017
Morocco opens an Islamic finance window
A slither of land in northwest Africa, Morocco is Europe’s gateway to the rest of the continent, an alternative to South Africa as a stepping stone into African frontier markets.
03/21/2017
CISI Marks Global Financial Services Talent With 76 Award Winners, Kenya & Kuwait First Ever, With 43% Female & 57%
New awards include the Diploma in Finance, Risk & Investment and the Fundamentals of Islamic Banking & Finance subject awards.
03/21/2017
Africa: To Power Its Future, Africa Needs a 'Wall of Money'
There is hopeful optimism that U.S. President Trump's administration might be supportive
03/21/2017
Afreximbank – Trade Development Bank close $500 million loan facility for Kenya
The Afreximbank and TDB-led facility comprises two tranches made up of a $200-million 10-year amortizing loan by TDB
03/21/2017
Fidelity Bank and Prudential launch innovative insurance solutions
The Fidelity Life Plan is the first income protection product in Ghana with unlimited cover, guaranteeing 100 percent reimbursement
03/21/2017
These are the 2017 Africa CEO forum Award Winners
Anta Babacar Ngom Bathily was awarded ‘Young CEO of the Year’
03/20/2017
Reserve Bank of Malawi approves merger of two smallest banks: Finance Bank and Opportunity Bank
The merger reduces the number of licensed banks in Malawi to nine
03/20/2017
SA’s net equity outflows hit R31.7bn in 2017
Offshore investors bought a net R785.53m worth of local bonds over the past week
03/20/2017
Lucrative USD 322 billion private equity investments in emerging markets remain elusive for Middle East
A roster of high-level public officials and chief executives from high-performing PE firms and alternative investment markets will be among the speakers.
03/17/2017
Carlyle Group names Dele Babade as advisor for sub-Saharan Africa
Global alternative asset manager The Carlyle Group on 13 March 2017, announced that Dele Babade has been retained as an Advisor to Carlyle’s Sub-Saharan African Fund effective immediately. A seasoned investor with close to 30 years’ experienc
03/16/2017
African Bank Limited – Release of the quarterly Basel III Pillar 3 report as at 31 December 2016 as prescribed by the Banks Act
The overall balance sheet of the Bank remains strong, with advances well provided for, high capital adequacy and total cash holdings of R 11.03 billion.
03/16/2017
New set-up for Rabobank in Africa to pool interests
Its partner Dutch development bank FMO holds 27% and Norway’s Norfund own the remaining shares.