12/27/2021
Global Bond Winners for 2021 All Came From Emerging Markets
A deeper look into 2021 performance shows the top performers have mostly fallen in price, but coupon returns were high enough to offset these losses.
Alternative Investments
12/26/2021
African Development Bank Group Board approves pooled investment in tech start-up fund to boost innovation across sub-Saharan Africa
Janngo Start-Up Fund, managed by Janngo Capital, builds, grows and invests in tech start-ups with proven business models and inclusive social impact
12/24/2021
African Development Bank Group Board approves €10.5 million pooled investment in tech start-up fund to boost innovation across sub-Saharan Africa
The pooled investment advances the Boost Africa Program, a collaboration among the contributing partners and the European Investment Bank to back investment funds that target early-stage innovative enterprises across sub-Saharan Africa.
12/24/2021
Pension industry grows by 18% in five years –PenOp
The association said the report incorporated responses from the nation’s leading pension fund managers, exploring their interest and perception of private equity as an asset class.
12/24/2021
We’re committed to meeting customers’ expectations – Sigma Pensions
“Pursuant to this mandate, PenCom on a regular basis issues directives and guidelines to govern the activities of Pension Fund Operators and PFOs are to strictly adhere to these guidelines.”
12/22/2021
Insurers Sanlam and Allianz Explore Options for Their African Businesses
The insurer made less than 500 million euros [US$564.1 million] in revenues from its African operations in 2020, but is looking to expand on the continent.
12/22/2021
Long4Life gets better offer from Old Mutual private equity unit
The scheme would provide an attractive mechanism for Long4Life shareholders to realise value
12/22/2021
Rwanda: World Bank to Avail $175m for Rwanda's Human Capital Development Programme
The reform program is yielding impressive results.
12/22/2021
Global Trade Review announces Bank One as “Best Trade Finance bank in Mauritius”
The award recognises our ability to understand the challenges facing our clients and to offer market solutions tailored to client needs.
12/21/2021
Billionaire-Backed African Rainbow Buys Mothballed Platinum Mine
The deal comes after the world’s biggest platinum miners declared record dividends this year
12/20/2021
Nigeria Emerges as the Largest Economy in Africa
The top two countries for GDP in 2020 for Africa
12/20/2021
State Investor ADQ Opens Cairo Office
The platform aims to help advance Egypt’s economic development thrugh joint strategic investment projects
12/17/2021
Ventures Platform Secures First Close of US$40mn Fund
Building upon its stellar reputation as one of the most active early-stage investors in African tech
12/17/2021
Sanlam Opens Entries for 2021 Financial Journalism Awards
The awards are open for works in print, radio, television, and online media.
12/17/2021
AfDB Board approves $170 million for investment in Nigeria's digital & creative start-ups
The investment in Digital and Creative Enterprises Program will also support the leaders through enterprise support organizations – groups that support, train, and sometimes fund entrepreneurs
12/16/2021
Large Investments Show the Country Regaining Credibility
“When we now see new investments going to be made, I think we can be optimistic that there really is greater credibility”
12/16/2021
African Development Bank Board approves line of credit of €70 million and $24 million equity investment to West African Development Bank
The $24 million equity investment is part of a capital increase transaction, which will allow the African Development Bank to increase its shareholding from 0.55% to 1%, and therefore retain its seat on the Board of Directors of the West African Developme
12/16/2021
Ecobank Partners With Insurance companies to Boost SMEs
The five insurance companies including Old Mutual, Allianz, Sunu, Sanlam, and NSIA will work with Ecobank to ensure that customers benefit from the convenience of accessing relevant solutions for all their insurance needs.
12/15/2021
Sanlam sees strong upside in Standard Bank, Absa and Nedbank
Asset manager remains overweight on SA banking sector and points to the three lenders’ need to accelerate their digitalisation strategies to catch up with peers
12/15/2021
“World Bank is Key Partner in Mozambique’s Industrial Development”
In his turn, Asad Alam, said that Mozambique has encouraging results in the area of trade and industry and that even with the covid-19 pandemic it was possible to create a business environment favourable to the continuation of activities.