10/27/2016
FCMB Announces Commencement of the Bank’s Interim Audit of its Nine-Month Results
KPMG, should pave way for the release of the 3Q16 earnings results of FCMB Group Plc.
Alternative Investments
10/26/2016
AfDB Assures Of Accelerated Investment To Solve Africa’s Energy Crisis
AFDB President reiterated the bank’s determination to fund critical power projects in Africa
10/26/2016
‘CPS ’ll soon get a boost’
The scheme has been a resounding success and has come to stay as part and parcel of our socio-economic reality
10/25/2016
Diamond’s Atlas Mara’s Profit Drops 44% on Currency Impact
Atlas Mara, which invests in African banks, has lost more than 73 percent of its value since an initial public offering in December 2013.
10/24/2016
Asset Management firms lose private insurance funds and portfolios in revenues improvement
The EFSA issued amendments at the end of 2015 on the executive regulations for insurance private funds, and stipulated that portfolio and fund owners should contract with asset management firms or hire full-time investment managers if the size of the fund
10/24/2016
Investors looking beyond Nigeria's disarray
Weak oil prices, stagnant growth and high unemployment have cast a shadow over the Nigeria's prospects
10/24/2016
Dubai Chamber discusses bilateral cooperation with Equatorial Guinea
The delegation was received by H.E. Majid Saif Al Ghurair, Chairman, H.E. Hamad Buamim, President and CEO, as well as a number of directors of Dubai Chamber.
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.
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.