08/13/2015
South Africa Sends Wrong Message to Business, Banking Group Says
Business and government need to come to some sort of understanding ideologically, more than anything else, to address the myriad of problems we have got in the country.
Alternative Investments
08/12/2015
Investec breaks new ground in Africa
Investec Asset Management has reached a final close on what it says is the first credit and debt capital markets fund dedicated purely to sub-Saharan Africa, excluding South Africa.
08/12/2015
Lagos is planning to build West Africa's answer to Dubai. It's not thinking big enough
The new district will be billed as a 24-hour, green-conscious, world-class city, which can attract and retain top multinational corporations.
08/11/2015
Banks foreign assets drop by N1.73trn on naira devaluation
The foreign assets of commercial banks comprise foreign branches, investments and properties that Nigeria’s commercial banks have overseas.
08/11/2015
Stanbic IBTC Pension Managers wins award
Stanbic IBTC Pension Managers Limited, Nigeria’s biggest pension fund administrator (PFA), has been named the Best Pension Fund Manager in Nigeria 2015 in the Global Banking & Finance Review Awards.
08/10/2015
Vedelago: Nigeria Must Key into Structural Approach in Property Investment
Our main focus is advising Nigerian buyers on how to invest in the property market businesses both internationally and locally in high yielding property opportunities.
08/10/2015
PE fund for African and Asian startups raises $150m
The inaugural fund has attracted investment from a diverse range of investors including international banks
08/10/2015
Mauritius Fund Manager Offers Largest Buy Price For Kenyan Stockbroker
CAK allowed the deal to go ahead on ground that it was unlikely to affect competition.
08/10/2015
AFDB, Access Bank Sign Agreement
Access Bank provides loans and banking services that help develop a vibrant private sector and increase incomes and employment
08/07/2015
South Africa's Liberty to spend up to $80 mln on two Nigeria deals
Liberty said businesses outside its home market hardly grew during the period due to weak investment markets in east Africa.
08/07/2015
Atlas Mara and OPIC Partner With $300 Million to Advance Inclusive Lending in Africa
Under the terms of the agreement, OPIC will provide $200 million in long-term debt and Atlas Mara is providing $100 million of committed resources
08/05/2015
Global Real Estate Crowdfunding Site Wealth Migrate Looks to Asia for Rapid Expansion
Recently Picken was traveling in China addressing a crowdfunding conference and speaking with potential partners.
08/05/2015
Ecobank buy pays off for Nedbank
The Rest of Africa operations are the fastest-growing division within Nedbank, although they do not yet match the billions brought in by its corporate and investment banking division.
08/04/2015
Global Real Estate Crowdfunding Site Wealth Migrate Looks to Asia for Rapid Expansion
Scott Picken is based in South Africa but he clearly thinks big when considering the addressable market for his real estate crowdfunding platform Wealth Migrate.
08/03/2015
International Monetary Fund increases MENA presence
The program will fall under the Fund’s ‘Rapid Financing Initiative’, which unlike more traditional Stand-By Arrangements, does not require the recipient country to have a full-fledged reform agenda in place.
07/31/2015
Uganda: UAP-Old Mutual Merger Good for Business, Says Wavamunno
The UAP Insurance and Old Mutual merger will offer customers new enhanced range of professional and improved quality services
07/30/2015
Old Mutual announces financial integration with UAP
The global financial services provider with a 4.9 billion dollar cash flow recently acquired a 60.7 percent stake in UAP holdings
07/29/2015
Africa needs more infrastructure investment that boosts long-term jobs growth
President Barack Obama’s trip to Kenya and Ethiopia has focused on trade, investment and entrepreneurship.
07/29/2015
MENA Private Equity association launches 9th report
UAE and Saudi lead investments by value in the MENA region and investment values in Egypt increased during 2014 UAE, Lebanon, Jordan and Morocco continue to be active in venture capital investments
07/28/2015
Convergence closes $200m infrastructure fund
Convergence Partners has announced the successful final close of its Convergence Partners Communications Infrastructure Fund.