10/16/2013
Old Mutual Set To Invest $101m In Africa
This added to a positive investment case for the continent, despite political upheavals and crises that have visited some African countries .
Alternative Investments
10/15/2013
Standard Bank, ICBC Raise $108m Debt Facility For Kenyan Heavy Fuel Plant
Standard Bank Group and the Industrial and Commercial Bank of China have concluded a $108 million debt financing package with Triumph Kenya to construct a 83MW heavy fuel oil plant in the east African nation.
10/14/2013
Stanbic IBTC Selected as Custodian for BNP Paribas Securities Services
This decision was made recently following a rigorous selection process which presented Stanbic IBTC as the most suitable custodian.
10/13/2013
Nigeria, Others’ Infrastructure to Boost Syndicated Loan
The increasing infrastructure boom in Nigeria and some other African countries will probably draw increased interest from investment banks and commercial lenders
10/08/2013
First Call for Proposals of Africa Trade Fund
The African Development Bank Group is pleased to announce the first call for proposals of the Africa Trade Fund.
10/07/2013
Old Mutual To Spend $600m On Africa Expansion
Old Mutual is in Nigeria as part of our overall strategy to build a viable franchise in the West African region
10/02/2013
Old Mutual unit shuns Capitec, Abil bonds
Futuregrowth Asset Management will “wind down” its holdings of bonds in Capitec Bank Holdings Ltd.,
10/02/2013
Old Mutual unit shuns Capitec, Abil bonds
Futuregrowth Asset Management will “wind down” its holdings of bonds in Capitec Bank Holdings Ltd.
09/25/2013
Coors-Led African Private Equity Fund Opens Johannesburg Office
One Thousand & One Voices, a private-equity fund started by the great grandson of the founder of Coors Brewing Co., said it’s opening a Johannesburg office after hiring three former Standard Bank Group Ltd. employees.
09/18/2013
Kenya RFP Draws Fee Controversy
Bankers pitching to win a mandate to handle Kenya's debut international bond are already complaining that their rivals are trying to "game the system"
09/17/2013
Investec expects profit decrease
Investec Plc, which owns a bank and money manager in South Africa and the UK, declined the most in more than four years after it said fiscal first-half operating profit will drop on rand weakness and market turmoil.
09/15/2013
JP Anderson to Develop West Africa Over The Counter Market System
Our research shows that the entire West African region has thousands of companies that possess new and innovative products and services.
09/15/2013
African bank seeks bigger share from China
The Eastern and Southern African Trade and Development Bank, known as PTA Bank, has approved China
09/11/2013
Citi Surpasses $500 Billion in Alternative Assets under Administration
Citi has surpassed $500 billion in alternative assets under administration, affirming its leadership as one of the largest fund administrators in the alternative asset management industry.
09/10/2013
Old Mutual Nigeria begins market wide consultation
Old mutual Nigeria has begun a market wide consultation to familiarize itself with the Nigerian business environment and stakeholders including the Nigerian Insurers Association
09/10/2013
FirstRand Sets Aside R10bn to Expand Further Into Africa
Financial services group FirstRand has set aside R10bn over the next two years to expand further into Africa through small acquisitions and greenfields operations,
09/09/2013
Hedge Funds research reveals importance of establishing institutional credibility
New global research undertaken by analyst firm Aite Group and SunGard finds that hedge funds see institutional credibility as a key element for achieving success.
09/08/2013
New Africa Multi-Manager Fund to Invest For Income
Momentum Global Investment Management has launched a multi-manager fund investing in Africa’s fixed income markets.
09/03/2013
Mozambique sets Initial Yield Guidance On seven-Year Bond
Mozambique government agency Ematum has set initial yield guidance of low- to mid-8% on its upcoming issue of a seven-year US dollar-denominate bond, according to one of the lead managers.
09/03/2013
AfDB Approves a U.S $15 Million Equity Investment to Boost African Financial Markets
The Fund aims to invest in mid-size companies registered in Africa and exhibiting a strong potential for successful listing on one or many African stock markets.