10/24/2016
Nigerian bourse pushes back derivatives launch to 2017 - CEO
The collapse in oil prices has plunged the country into recession while eroding public finances and hard currency reserves.
Alternative Investments
10/24/2016
11 counties in western Kenya to set up bank
Each one of the 11 counties involved in the plan is to remit Sh100 million as start up capital for the bank
10/24/2016
S. Korea to strengthen cooperation with African countries
The KOAFEC meeting will contribute to strengthening friendship between South Korea and Africa
10/24/2016
Sukuk bonds issuance will grow in West Africa, says Hogan Lovells
These include sophomore issuances for the government of Cote d’Ivoire and the government of Senegal, and a debut issuance for the Republic of Togo.
10/21/2016
Black Lion Holdings’ Prince Alam-Sogan pushes investment in Africa
Prince Alam-Sogan is on a quest to attract more North American investors
10/21/2016
Germany refuses to print bond notes
The controversial bond notes are now expected to be introduced next month.
10/21/2016
Tunisia: A fund to help companies set up in Africa
Africamen is a joint venture capital mutual fund
10/20/2016
South Africa’s top asset managers: Former boutiques now nation’s biggest, best
Companies that started out as boutiques have slowly but surely established themselves as the major asset management players.
10/20/2016
Equity stock brokerage arm Exotix named Africa’s best
EIB and Exotix were awarded at this year’s Africa Investor CEO international investment summit
10/19/2016
Afriland First Bank, ICD in deal to create Islamic window
We aim at developing enough closeness with people and local communities so that we can respond at the best to any of their solicitations.
10/19/2016
Africa’s Private Equity Promise And What It Can Deliver
Emerging markets have become a key opportunity for global investors
10/19/2016
Ivory Coast, Senegal and Togo list sukuk bonds worth $1.28 bln
African countries are increasingly tapping the sukuk market to fund infrastructure projects
10/18/2016
Diamond Billionaire Oppenheimer Backs New Hedge Fund Startup
The introduction of new rules a year ago for the industry has opened hedge funds up to more investors in a country which has 2 trillion rand of investments in mutual funds.
10/18/2016
Afriland First Bank and ICD sign agreement to create Islamic window in Ivory Coast
CPI Financial
10/18/2016
AfDB to Showcase Africa’s Potential
Also approved by the AfDB Board is the creation of a Water, Human and Social Development Department; an Infrastructure, Cities and Urban Development Department; and a Syndication, Financial and Technical Services Department.
10/14/2016
European Investment Bank earmarks 56 million euros for SMEs in Zambia
Mr. Byleveldt said the EIB is committed to alleviating poverty in Africa and financial support to the SMEs is key to achieving that.
10/13/2016
AfDB directors approve Africa Investment Forum
The financial institution further mentioned that the AIF will act as an avenue for connecting investors with both public and private sector projects throughout the continent.
10/13/2016
Private equity firm launches second fund
Private equity is gaining popularity in the region as funds and wealthy individuals seek higher returns
10/12/2016
Kenyan private equity firm Fanisi Capital launches second fund
Private equity is gaining popularity in the region as funds and wealthy individuals seek higher returns
10/12/2016
2016 Ghana Investment Awards set for Thursday; nominees announced
All other categories will be presented with three award trophies.