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Alternative Investments

12/19/2024

Over 1,000 businesses shut down in South Africa in less than a month

The death toll from children consuming poisoned food has risen to 38 from 22 a month ago, Tebello Mosikili, police deputy national commissioner said at the same briefing.

12/18/2024

Activa Ghana, 1st insurance company to achieve ISO 27001:2022 certification

Our goal is to serve our customers by providing the best insurance solutions

12/18/2024

Ghana spent nearly half of revenue on debt servicing in 5 years

In total, Ghana’s debt servicing between 2010 and 2022 amounted to GH¢189 billion, with a staggering 81% of that paid in the latter five years.

12/17/2024

Understanding PE multiples: The sub-10 and over-20 clubs

The risks at the opposite ends of the market are simply not the same, with far more needing to go right for one ‘club’ than the other.

12/17/2024

Money flooding back into South Africa

The net purchases were the first since the first three months of 2022.

12/17/2024

African Development Bank Celebrates 60 Years of Transformative Impact in Africa Southern Region

With an active portfolio of 226 projects worth USD 11 billion, the Bank’s unwavering commitment to fostering sustainable growth and integration in Southern Africa is evident.

12/17/2024

W’Bank plans $1.65bn loans for Nigeria next year

The second project, HOPE for Quality Basic Education for All, is expected to receive $553.8m in financing.

12/16/2024

African Development Bank’s Adesina Wins Inaugural ‘African of the Decade’ Award

Dr. Adesina has demonstrated a significant impact on the African continent

12/16/2024

Access Bank set to acquire 100% equity in South Africa’s Bidvest Bank

The statement noted that Bidvest Bank, founded in 2000, is a niche and profitable South African financial institution

12/16/2024

Consolidation of EMEA Islamic banks to continue in 2025: Fitch

The banks are expected to maintain solid liquidity, adequate capital buffers

12/13/2024

South African inflation expectations decline to three-year low

Lesetja Kganyago signaled this week that officials will proceed carefully on interest-rate adjustments, given the unpredictable outlook for the global economy.

12/12/2024

Africa Investment Forum 2024 : strengthening public-private partnerships is key to financing infrastructure in Africa (leaders)

To attract private capital, collaboration between governments, banks and insurers is essential, added Manuel Moses, CEO of African Trade & Investment Development Insurance (ATIDI).

12/12/2024

Things are pointing up for South Africa – but it will take time

The BETI continued its sideways trend observed since May 2024, following the notable 4.7% increase from October 2023.

12/11/2024

Pension assets sustain growth trajectory

The value of the total AUM increased by 3% m/m and 22% y/y to NGN21.9trn as at end-Oct ’24.

12/11/2024

Celebrating the Growing Links Between Jersey, UK and Kenya

Jersey Finance’s Faizal Bhana’ Director – Middle East, Africa and India, hosted the events in Mombasa and Nairobi, billed as “Kenya’s Economic Potential: The Business Perspective”.

12/11/2024

Mauritius’ strategic role in the China-Africa trade and investment partnership

This overseas investment is being supported by new initiatives like the African Continental Free Trade Area, which promotes the growth of regional value chains by offering Chinese businesses access to a larger unified African market.

12/10/2024

Ghana's dollar bonds rally after clear presidential win for opposition

The 2035 maturity led the gains, rising nearly 1 cent to bid at 74.31 cents on the dollar. Ghana's cedi currency was stable against the dollar

12/09/2024

Nigeria returns to plug 2024 deficit

The book for the long six-year topped US$4bn when 9.875% area guidance was announced

12/09/2024

South Africa: Prescient expands ETF offerings on JSE

The fund taps into a broad universe of income-generating assets, spanning from US Treasuries to corporate bonds and emerging market instruments

12/09/2024

Things are looking up for South Africa’s property market

The CEO—who heads the company with the largest online databases of property for sale or rent in South Africa—said the market has shown signs of recovery, with sales values up 6% year-on-year.

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