07/22/2014
Nigeria’s FirstBank issues $450 Eurobank
Nigeria’s This day newspaper report on Monday noted that the Eurobond also has a coupon of 8 percent and 8.25 percent yield to maturity.
07/22/2014
The firm will invest in eight to 12 countries across the region with a spend size of between Sh87 million and Sh791 million.
07/21/2014
The standoff has meant that for the past four years, Accentuate has been unable to pass special resolutions at its AGMs.
07/21/2014
First Bank of Nigeria Limited has issued a $450 million tier-2 Eurobond increasing the amount of funds raised by Nigerian banks from the Eurobond market this year to $1.55 billion.
07/20/2014
South African pension manager raises $345 mln in IPO
The company said the total size of the offer was 496.7 million shares, including an overallotment option of up to 64.8 million shares.
07/17/2014
South Africa is returning to international debt markets for the first time in 10 months, defying a credit-rating downgrade to offer bonds in dollars and euros amid a rally in emerging-market assets.
07/13/2014
Nigeria's main stock index returned 44 percent in dollar terms in 2013, thanks to a stable naira currency, making it one of the best performing African equity markets.
07/11/2014
TriLinc Global Impact Fund announced that it has approved a new Investment Manager, Barak Fund Management Limited, to act as its Sub-Advisor on investment opportunities in Africa.
07/11/2014
She says Kenyan manufactures, and craftsmen only tend to produce products that suit the average person, forgetting the high end market.
07/11/2014
Adcorp could create the first dominant workforce management group in emerging markets, with major North American and European players having struggled to gain a foothold in developing regions, it said in its recently released annual report.
07/10/2014
Policy think tank Imani Ghana has called on organized labour to demand thorough investigations into attempts to impose Pension’s Alliance Trust as managers of their pension funds.
07/09/2014
The company is expanding in Portugal’s former colonies in Africa
07/09/2014
Despite rapid growth in capital-raising over the past two decades, emerging country capital markets remain underdeveloped
07/09/2014
The shilling has been hovering be- tween 87.50 and 88.00 to the dollar
07/08/2014
Alexander Forbes will issue 44.1-million new shares to raise about R330m
07/07/2014
African Bank sold 5.5 billion rand ($511 million) of stock to existing investors at 8 rand each in December.
07/06/2014
He said Nigeria was Citibank’s biggest operation across sub-Saharan Africa
07/06/2014
These individuals generally hold about 25% to 30% of their wealth in real estate
07/04/2014
Investors chasing high returns are ready to overlook real danger, weak governance and poor infrastructure
07/03/2014
With stocks in West Africa’s second-biggest economy headed for the lowest returns in three years