04/20/2015
A selloff that made Mauritius equities the worst performers in Africa this year risks deepening as a probe into an alleged Ponzi scheme involving one of the Indian Ocean island’s banks and insurers damp investor sentiment.
04/20/2015
Redefine Properties, SA’s third-biggest real estate investment trust, hopes the takeover of Fountainhead Property Trust will be finalised by August
04/20/2015
The electricity utility is bleeding cash for its new build programme, the massively delayed and over budget Kusile and Medupi power stations
04/17/2015
The Central Bank of Nigeria applied rules and restrictions to stabilise the naira
04/16/2015
The purpose of the mission was to introduce both Ghanaian and Qatari firms to their common markets
04/16/2015
Rapid urbanisation and growing consumer wealth on the African continent is providing numerous opportunities for investors wanting to gain exposure to retail and office property developments north of South Africa.
04/15/2015
Foreign investors are buying South African bonds at the fastest pace on record in April after spurning the nation’s debt for two months
04/14/2015
The Bank leverages FirstBank’s international network, business expertise
04/13/2015
VAM Funds enters South Africa with 11 funds
Luxembourg-domiciled fund manager VAM Funds has entered the South African market, launching 11 funds in the region.
04/13/2015
A change in liquidity rules is prompting the banks to review the status of the preference shares
04/13/2015
The Abraaj Group a leading investor operating in global growth markets, today announced the final close of its third dedicated Sub-Saharan Africa private equity fund at US$ 990 million.
04/13/2015
The IFC is a member of the World Bank Group.
04/13/2015
The government said in a memo to parliament in March it had started talks over the loan with a consortium including Bank of America Merrill Lynch and Belstar Capital and hoped to complete it before July.
04/13/2015
The Fundo Soberano de Angola today announced the launch of five dedicated investment funds
04/13/2015
The move ends a three-year push and pull the company has had with the Insurance Regulatory Authority over single ownership limit rule of 25 per cent set in 2009.
04/13/2015
The purpose of the facility is for Stanbic IBTC Bank to on-lend to small and medium sized companies for the financing of projects in the infrastructure sector, which include agriculture, oil and gas, power, ports, telecom companies, etc. within Nigeria.
04/12/2015
Ghana dropped a plan to borrow money from Bank of America Corp. to focus on selling $1 billion in Eurobonds as early as June.
04/10/2015
Kenya and Qatar will sign an agreement next week to enable establishment of the Nairobi International Financial Centre.
04/10/2015
Visafone, which Ovia founded in 2007, is a Code division multiple access
04/09/2015
The company says it will make investments in firms with market cap levels ranging between $100 million and $3.5 billion.