11/28/2014
One Re Ltd., the first reinsurer approved under Britain’s “twin peaks” system of financial regulation, said it’s seeking clients across 38 African countries in the next year as growth outpaces developed regions.
11/28/2014
South Africa’s failed African Bank Investments Ltd. remains on course for an initial public offering early next year
11/27/2014
As part of the implementation of its annual bond issue programme, the West African Development Bank is launching a bond loan issue of XOF 40 billion through a public offering from 1 to 19 December 2014.
11/27/2014
The European Union Wednesday in Abuja committed 40 million euros to launching two projects aimed at achieving economic integration and attracting private sector investments for West African states.
11/27/2014
This follows the Group’s acquisition of Provident Life Assurance in 2013.
11/27/2014
Mr Simon Dornoo, Managing Director of the GCB Bank Limited, on Wednesday said the bank had made significant progress since it embarked upon a transformational programme in 2010 to strengthen its balance sheet in terms of liquidity and capital.
11/27/2014
Frank Cadiz, co-chief executive officer of Cadiz Asset Management, said he’s offering 5 rand for preference shares in African Bank Investments in a bid to recoup losses he incurred when the lender collapsed.
11/26/2014
One Re Ltd., the first reinsurer approved under Britain’s “twin peaks” system of financial regulation, said it’s seeking clients across 38 African countries in the next year as growth outpaces developed regions.
11/26/2014
U.S. buyout firm Carlyle Group LP and the private equity arm of insurer Old Mutual have agreed to buy South African tyre retailer Tiger Automotive from Ethos Private Equity,
11/24/2014
Old Mutual Life Assurance Company (Ghana) Limited as the company is now known, would have Provident Life’s licence to conduct life assurance business in the country as well as serve its portfolio of customers.
11/23/2014
Africa’s fast growing economies have transformed the continent into a booming frontier market, but risk is still a primary concern for GCC investors.
11/21/2014
Saham’s acquisition marks it’s entrance into Nigeria’s insurance market, one of the most promising emerging insurance markets.
11/21/2014
Zimbabwe is representing Southern Africa at the summit by virtue of President Mugabe holding the Sadc Chair post. He is also First Deputy Chair of the African Union.
11/19/2014
African buyers lead prime central London property purchases, says agency
It’s not wealthy Russians of Middle Eastern buyers who have bought the most prime central London property over the last few years, but Africans, says the Black Brick agency
11/18/2014
Atlas Mara's strategy is to create Sub-Saharan Africa's premier financial institution through a combination of its experience, expertise and access to capital, liquidity and funding.
11/18/2014
The business has 135 branches in the UAE, and in all has more than 725 branches in 32 countries.
11/17/2014
Every morning, more than three thousand workers in uniform do morning exercises before taking their places on a leather shoe production line.
11/13/2014
Diamond Bank PLC, a leading retail bank in Nigeria, has urged entrepreneurs in the import and export business to focus on increasing non-oil exports, especially as the glut in oil and gas production and supply has led to a slump in the price of the produc
11/11/2014
The non-banking financial services providers are vital contributors to the economy, the Non-Banking Financial Institutions Regulatory Authority (NBFIRA) chairperson, Ms Mmatlala Dube has said.
11/10/2014
UAE Exchange , a global money transfer and foreign exchange brand, is looking to enter new markets such as South Africa, Nigeria, and Ghana