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Alternative Investments

11/02/2016

Old Mutual disburses $2,2m for SME centre development

This development will not only improve the competitiveness of SMEs, but also enable to contribute to the development of economy

11/02/2016

Access Bank Plc raises US$300m euroband

The bond matures in October 2021 and it is at a coupon rate of 10.5 per cent.

11/02/2016

Buying Property In Mauritius: What’s The Big Attraction?

It has one of Africa’s highest per capita incomes, solid ownership rights and a free and independent media.

11/02/2016

World Bank says ‘investments in business-friendly Kenya set to drive growth’, but risks remain

The KEU said the positive growth trend is in line with the World Bank Group’s latest Ease of Doing Business Report

11/01/2016

SME development - more needs to be done

Pravin noted that "Unduly high costs currently... inhibit access of small business to credit."

10/31/2016

Strong China-Africa trade to influence renminbi

China is working to restructure its domestic economy – away from commodity consumption-driven infrastructural and industrial development

10/28/2016

Market analysis: UAE bank equities a sound investment

Mena equities are now where they started the year, although some countries and sectors have fared better than others.

10/28/2016

Kenya deposits insurer feted at global industry meeting in Korea

Kenya has seen 27 lenders collapse or put under receivership in the country’s banking history.

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.

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

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