12/14/2013
Bitcoin clones set to kill digital currency?
Citibank’s analyst believes that the market is likely to end up with a plethora of “bitcoin lookalikes with little to choose between them, so pricing becomes very difficult.
Alternative Investments
12/13/2013
Activa Insurance Opens Branch In Liberia
The Managing Director of Activa International Insurance Company, Mr. Stephen Kyerematen, has stated that his company has opened its arms to genuine friendship and long-lasting collaboration with the Liberian Insurance industry.
12/12/2013
Heirs Chairman Elumelu Plans to Start Nigeria Commodities Bourse
Heirs Holdings Ltd., a Nigerian investment company with interests across Africa in banking, energy, real estate and agriculture, plans to set up a commodities exchange in the continent’s most populous nation.
12/09/2013
UT Bank, Guinness Breweries partner Invest in Africa
Invest in Africa, has announced that Guinness Ghana Breweries Limited and UT Bank have become the latest Ghanaian companies to join the organisation as local partners.
12/09/2013
Pru enters sub-Saharan life market with acquisition
The price and other details of the transaction were not disclosed
12/08/2013
Ermenegildo Zegna Launches In Lagos
Each collection is distinctly and perfected represented in designated corners of the store.
12/07/2013
Pinnacle Point chief was Absa ‘insider’
During his testimony last week, Mr Pretorius blamed Absa for the demise of Pinnacle Point Group.
12/05/2013
Old Mutual determined to build Africa Empire
Old Mutual is likely to spend its remaining R4bn-plus expansion budget on acquiring a short-term insurance business in East Africa and an asset management operation in West Africa.
12/04/2013
Old Mutual eyes Nigeria in its emerging market investment plan
We are not taking Nigeria for granted in our investment plan
12/04/2013
Nedbank Still Undecided on Ecobank
Nedbank has a year in which to convert its loan into a stake in the West African banking giant.
12/02/2013
Hedge funds launching traditional long-only strategies in direct competition with asset managers
Deutsche Bank has published the results of a survey which examines the expanding role of hedge funds within the wider asset management industry.
12/01/2013
GHANA: Gov’t targets private equity for infrastructure fund
Government is banking on private sector participation in the proposed Ghana Infrastructure
11/27/2013
Soaring Nigerian Insurance Premiums Could Benefit SA Providers
Nigerian insurance premiums will increase fourfold over the next five years
11/26/2013
Old Mutual to Sanlam to gain from Nigerian growth
Nigerian insurance premiums will increase fourfold over the next five years as companies from Old Mutual Plc to Sanlam Ltd. tap an acceleration in economic growth in Africa’s most populous nation.
11/26/2013
Bitcoin Breaks Through The $1,000 Barrier
Value of virtual currency has risen fivefold since the beginning of the month
11/24/2013
Peregrine Holdings acquires an interest in Cannon Asset Managers
Building market share and increasing brand recognition
11/19/2013
Nairobi Luxury Home Prices Slow Down
A bullish growth in luxury property prices in Nairobi is coming to a halt, with the world's high net worth individuals looking elsewhere as the global economy recovers.
11/17/2013
Sovereign Trust post N1.6bn profit, ploughs back for competitiveness
The company returned to a stronger position in 2012, recording a profit before tax of N1.59 billion as against N513.85 million loss in 2011
11/17/2013
Abu Dhabi Banks Maneuver for $137 Billion in Asia to Africa
s Abu Dhabi’s largest lenders are embarking on an overseas expansion drive in pursuit of a $137 billion corporate-banking market stretching from Asia to Africa.
11/17/2013
Namibia: Non Banking Sector Worth N$130 Billion
The country's non banking sector is worth N$130 billion, which is twice the assets of banks.