06/03/2014
Helios Investment Partners took a minority stake in Nigerian pension fund manager ARM Pension Managers PFA, a spokesman for Helios said. Under the agreement, funds managed by the Africa-focused, $2 billion private equity firm will acquire a minority stak
05/30/2014
African Bank Investments Limited, the JSE’s worst-performing stock this month, is pitting South Africa’s largest hedge fund against some of the biggest investors.
05/26/2014
Capitalized with contributions from Germany and the United Kingdom, the agency’s newly created Bermuda-based specialist hybrid mutual Africa Risk Capacity Insurance Co. Ltd. is offering $135 million of coverage to the participating countries.
05/22/2014
Investec Asset Management is now the second largest shareholder of Ugandan electricity distributor Umeme Ltd, which is cross-listed in Kenya, after it bought a 18.47 per cent stake.