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
11/05/2014
De Beers Is Now Anglo’s Jewel In The Crown, According To Investec
Somewhat against the grain of conventional wisdom, Investec has been a buyer of Anglo American for a little while now.
11/05/2014
Old Mutual Global Investors has launched the Old Mutual Pan African fund, a mirror of a pre-existing $11.75 million Old Mutual Pan African fund run by a South African subsidiary.
11/04/2014
The World Bank Group’s loan and grant approvals for Nigeria and other Sub-Saharan African countries have hit $10.6bn.
11/03/2014
LeapFrog generated an internal rate of return of about 80% on Express Life, according to Private Equity International.
10/31/2014
Coronation’s embarrassing big bet on African Bank Investments Limited (Abil) failed to knock its performance. The fund management company was ranked, again, as South Africa’s best fund manager.
10/30/2014
The collapse of African Bank in August spooked investors in unit trusts, with the Association for Savings and Investment SA on Wednesday reporting the first decrease in total assets under management for the industry since the 2009 financial crisis.
10/28/2014
On the first day of the joint trip, the World Bank Group announced a major new financial pledge of $1.8 billion for cross-border activities in a Horn of Africa Initiative that will boost economic growth and opportunity, reduce poverty, and spur business a
10/24/2014
Kenya may sell more debt for infrastructure after demand for the bonds on sale this month was more than double the amount offered
10/24/2014
Mozambique’s Banco Nacional de Investimentos intends to set up a unit by year-end to act as a venture-capital investor in small businesses judged to have the potential to thrive as the country becomes a major gas exporter.
10/23/2014
London Stock Exchange Group (LSEG) and Maroclear, the Moroccan Central Securities Depositary (CSD) today announced they have signed a cooperation agreement to expand the range of services LSEG provides to market participants in Morocco.
10/22/2014
Close to $700 million secured for offshore lending to local companies is lying idle with only one percent of the package having been utilised since its approval in the first quarter of the year.
10/22/2014
Aditya Birla Financial Services Group, the financial services arm of the Aditya Birla Group, said on Tuesday that it had signed an agreement to form a health insurance joint venture with MMI Holdings of South Africa.
10/21/2014
A target deal size of around $700 million means that opportunities for CVC to invest have so far been limited