07/30/2013
Dubai's Abraaj Group sells stake in Ghana's HFC Bank
Dubai private equity firm Abraaj Group sold its stake in Ghana's HFC Bank to independent Caribbean bank Republic Bank Ltd
07/30/2013
Dubai private equity firm Abraaj Group sold its stake in Ghana's HFC Bank to independent Caribbean bank Republic Bank Ltd
07/30/2013
Ghana will list the second Eurobond it secured this week on the country’s local bourse next month, says the chairman of the governing council of the Ghana Stock Exchange, Dr Sam Mensah.
07/29/2013
South African bank’s largest shareholder and other Chinese lenders are expanding abroad
07/29/2013
The Common Market for the Eastern and Southern Africa Trade and Development Bank
07/27/2013
IFC, a member of the World Bank Group, is investing $6 million in Activa, an insurance group operating in Cameroon, Ghana, and other countries in the region, to help increase access to insurance for farmers, smaller businesses, and lower-income individual
07/25/2013
Coronation ranked as the leading unit trust management company for the third consecutive quarter at the end of June 2013, achieving an overall rating of 4.657 PlexCrowns out of a maximum of five.
07/25/2013
Stanlib’s pilot African property development fund that launched in May has expanded its core focus from Nigeria and Kenya to also include Ghana and Uganda
07/23/2013
Investec Plc , the owner of a bank and a money manager in South Africa and the U.K., said it loaned about 240 million rand ($24.8 million) to Johannesburg-based First Strut Ltd., which is in liquidation.
07/23/2013
Nigeria’s banking index fell the most in a month after the central bank tightened monetary policy by increasing reserve requirements, damping the outlook for lenders’ margins.
07/20/2013
Many fund managers may be looking to offshore markets to spice up their returns
07/17/2013
Absa is launching its gold-backed exchange-traded fund (ETF) called NewGold in Mauritius
07/16/2013
With the country in the middle of a population boom, planned reforms to Nigeria’s pension system are timely.
07/16/2013
Afican Bank has issued another bond under its domestic medium-term issuances programme — this time a private placing of R600m payable over seven years.
07/14/2013
FirstTRand is still committed to Ghana and applying for a banking licence in the West African country remains an option
07/14/2013
Ernst & Young Africa said it had budgeted $40 million meant for acquiring assets in Nigeria, South Africa and Angola.
07/12/2013
It announced that SSNIT would start a new process to invite proposals from interested parties for the acquisition of the Merchant Bank Ghana.
07/11/2013
The initial rollout of the service is scheduled for the first quarter of 2014 and will include space for 35 clients.
07/10/2013
It already provides securities lending and borrowing and global custody services to Peregrine Equities (Pty) Ltd,
07/09/2013
FirstBank of Nigeria Limited signed a $100million facility agreement with China Development Bank
07/07/2013
Transnet plans to sell the country’s first rand bond to foreign investors