12/24/2015
Tunisia seeks Saudi investments boost
Some Saudi businessmen spoke in the meeting and narrated their experiences in their Tunisian investments in the 1970s and 1980s.
Alternative Investments
12/24/2015
Stanbic IBTC Stockbrokers emerges ‘best dealing member firm’
The Exchange, in collaboration with other stakeholders, pledged to continue nurturing the Nigerian capital market into a world-class hub.
12/23/2015
Former Ecobank Kenya Chief Executive sets up Sh50b fund
Former Ecobank Kenya Chief Executive Michael Monari has launched a Sh50 billion fund to lend small businesses.
12/22/2015
Zimbabwe to expand use of yuan as China cancels $40 million debt
Zimbabwe abandoned its own dollar in 2009 after hyperinflation
12/21/2015
Tunisia to discuss IMF fund arrangement soon
The forthcoming five-year economic and development plan gives the authorities an opportunity to foster internal consensus and set priorities for comprehensive economic reforms.
12/20/2015
Malaysia committed to boosting economic ties with Kenya - Mustapa
He said Malaysia and Kenya enjoyed close bilateral ties.
12/20/2015
Carlyle Group acquires 18% stake in Nigeria’s Diamond Bank
Uzoma Dozie, CEO and MD of Diamond Bank, was quick to claim the transaction as a vote of confidence in the institution
12/18/2015
China sets out its FOCAC focus in Africa
China is already a leader in investing and financing infrastructure in developing countries.
12/17/2015
Ethiopia to Boost Business Ties With Jordan
At the event, Tadesse called on Jordanian business delegates to engage in the untapped business of Ethiopian tourism.
12/15/2015
Maponya buys into firm planning new bourse for SA
This signals that the group, led by businesswoman Chichi Maponya, is confident about the prospects of 4 Africa Exchange operating a competing exchange to the JSE in SA.
12/14/2015
Nigeria is heavily ‘under-banked’ — Jibrin, MD/CEO, Suntrust
You are transforming from a mortgage institution to a commercial bank. How has the journey been?
12/14/2015
Zuma Makes U-Turn on Finance Chief, Triggering Rand Rebound
The rand jumped the most since 2008, while bond yields fell for the first time since Nov. 24.
12/10/2015
Schroders launches European real estate fund
The firm is looking at a "variety of strategies" for growing in South Africa
12/09/2015
African Bank Investments Said to Get Approach for Stangen Unit
Without a bank to supply it with customers, Stangen has active policies but can’t take on any new business.
12/09/2015
Chedid Re Boosts Expansion to Africa with the Opening of a New Representative Office in Casablanca Finance City (CFC)
The Chairman and CEO of Chedid Re, Farid Chedid, described this expansion in North and West Africa as “one more milestone for Chedid Re’s growth
12/08/2015
Kuwait Launches Initiative to Advance Food Security, Health and Education Development Across Africa
The Board comprises prominent personalities in the field of development in Africa
12/07/2015
China Ups Africa Commitment Even as Both Their Fortunes Fade
China is upping its game in Africa even as its own economy cools and a global slump in commodities hampers the outlook for the world’s poorest continent.
12/07/2015
African states mull adopting yuan as forex reserve - Chinese official
This is the first time Focac is being held in South Africa.
12/07/2015
Egypt's Banque Misr closes $250 mln 3-yr loan - arranger
Last month, Banque Misr's chairman told Reuters that the bank was close to completing a three-year loan which would pay a margin of 3.2 percent
12/04/2015
South Africa More Risky Than Turkey as Fitch Downgrade Looms
Investors see more risk in South Africa than in lower-rated Turkey as the creditworthiness of Africa’s second-largest economy looks set to step closer to junk.