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Alternative Investments

07/04/2013

Angolan Stock Exchange Opening Postponed

Angola has decided to postpone plans to launch a stock exchange for a year

07/04/2013

Uganda: Standard Chartered Bank Cleared to Handle Investment Schemes

Standard Chartered Bank has acquired authorisation to carry out operations of a trustee under the Collective Investments Schemes from the Capital Markets Authority.

07/01/2013

Pan African investment firm boosts NASD trading platform on Nigerian bourse

The Pan African Investment Company, Heirs Holdings, has taken a strategic stake in the new National Association of Securities Dealers

07/01/2013

PIC may hold more than 15% stake in African Bank

PIC approved to increase its stake in African Bank.

06/30/2013

Angola delays stock market plans

Angola pushed back plans for the start of stock-exchange trading by a year to 2016,

06/30/2013

Nedbank Commercial Property Finance earns top spot in PwC Banking Survey 2013

Nedbank Corporate Property Finance has been voted the best Property Finance bank in the 2013 PricewaterhouseCoopers (PwC) South African Banking Survey.

06/26/2013

AfDB offers Olam $80m loan for investment programmes in Ghana

The African Development Bank (AfDB) has decided to lend Olam Group

06/26/2013

Societe Generale Securities Services mandated by Trifecta Capital Services in South Africa

Societe Generale Securities Services (SGSS) in South Africa has been mandated by Trifecta Capital Services to provide custody services.

06/25/2013

Absa’s exchange-traded fund excels

ABSA group, whose platinum exchange-traded product swelled to the second-biggest within two months after being listed for trading

06/23/2013

African currencies outlook: Kenya, Nigeria likely to cushion currency falls

Central banks in Kenya and Nigeria are expected to pump dollars into their financial markets

06/23/2013

Moody’s highlights SA banks’ challenges in Africa

Regulatory and risk management shortcomings in sub-Saharan Africa could pose downside risks to banks if these were not addressed.

06/23/2013

Societe Generale becoms Associate Member of AMEDA

AMEDA is a non-profit organization comprised of Central Securities Depositories (CSD) and Clearing Houses in Africa and the Middle East.

06/20/2013

African Bank gets thumbs-up from bond market

THE market has given a thumbs-up to African Bank by oversubscribing the unsecured lender’s latest bond issuance.

06/20/2013

Alexander Forbes plans are paying off

FINANCIAL services group Alexander Forbes’s profit from continuing operations

06/18/2013

Bank of Africa positioned for cross-border trade

Bank of Africa, Ghana commenced operation in Ghana

06/16/2013

In 2012 FirstFund Recorded 32.7% In Yield

A money market fund managed by First Bank Financial services, has maintained its lead as the best performing fund on the market in 2012

06/13/2013

NASD partners CSCS, six settlement banks on OTC market

NASD Plc has signed a partnership agreement with the Central Securities Clearing System (CSCS) and six Nigeria banks

06/12/2013

Sanlam plans Sh5bn Kenya real estate investments

South African firm Sanlam is planning to invest $65 million (Sh5.5 billion) in Kenya’s real estate sector

06/11/2013

New Trust Schemes Launched By IFS Capital

A top investment banking asset management firm, has launched the Initial Public Offer (IPO) of three of its flagship trust schemes.

06/11/2013

TF Financial Services Launches New Products

TF Financial Services, a subsidiary of the Teachers Fund, has launched two new products

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