02/22/2022
SoftBank Invests in African Lending Analytics Startup Credrails
Credrails has other backers besides SoftBank — Unicorn Growth Capital and Samos Investments Advisory are among them, and both took an equity stake in the company.
Alternative Investments
02/22/2022
Turn your money into more with SA’s best investment rate
That first day of university, a newly renovated home, your wedding — memories that will forever bring a smile to your face can be made with the right investment.
02/21/2022
Buoyed by CBN Financial Inclusion Policies, Financial, Insurance Subsectors’ Annual Growth Rate Reached 10.07% in Q4 2021
Finance experts attributed the growth in financial and insurance subsector to numerous policies by the federal government-driven by Central Bank of Nigeria, Nigeria Deposit Insurance Corporation, among other stakeholders.
02/21/2022
Interest rates, inflation and debt – SA is facing the worst of all worlds, IMF warns
With so few tools at its disposal, it will be imperative to cut government spending and accelerate reforms that can help the economy function better.
02/17/2022
African Development Fund approves $4.3mln grant to Somalia for statistics development
The Statistics Development Support Project for Somalia will entail providing technical assistance and training staff in the Somalia National Bureau of Statistics and the Statistics Departments of Hirshabelle, Galmudug and Jubaland States of Somalia
02/16/2022
Stanbic IBTC Completes 2021 Infrastructure Fund Distribution to Unit Holders
The Infrastructure Fund specifically targets projects with positive social and economic impact whilst delivering sustainable and competitive returns to its investors.
02/16/2022
Firm Storm Lagos Markets with Affordable Insurance Packages
The insurance plan helps to provide funds whenever goods get damaged following occurrence of burglary, theft or fire.
02/15/2022
Global investors to increase stake in Africa
A further 36% of global investors are planning to enter African markets, either through planned market entries or account activation in the region.
02/15/2022
Standard Bank Ranked As Africa’s Most Valuable Banking Brand
Every year, Brand Finance puts 5 000 of the biggest brands to the test and publishes nearly 100 reports, ranking brands across different sectors and countries.
02/15/2022
Old Mutual Unit Hires Goldman to Advise on Lekela Power Bid
Wide range of buyers include Chinese and Middle East entities
02/15/2022
Kenya Banks On Dubai Expo To Re-Establish Presence In UAE
By the close of last year, Kenya recorded close to 11,000 tourists from the Middle East, an increase from previous years.
02/14/2022
The rand is no longer following the rules: analysts
The rand is sometimes referred to in currency market circles as “the rattler,” because of its habit of snapping back hard in the opposite direction to a big move.
02/11/2022
Rand Merchant Bank (RMB) Acts as Global Coordinator and Active Bookrunner on Bank of Industry's Inaugural EUR700m Eurobond
BOI’s mandate is guided by Nigeria’s National Development Plan 2025 and Agenda 2050, which have the objective of lifting a hundred million Nigerians out of poverty in 10 years.
02/11/2022
South Africa’s largest renewable energy project Redstone CSP achieves first debt draw down
Through the successful mobilization of international project finance, Redstone has facilitated approximately ZAR 7 billion in foreign direct investment to fund and support the strategic energy transition goals of the country.
02/11/2022
African Union welcomes $11.48 million grant from the African Development Fund to strengthen delivery of Agenda 2063
The grant will contribute to the Institutional Capacity Building for the African Union Project, a program designed to improve the AUC’s capacity to drive Agenda 2063.
02/09/2022
IBTC Pension Leads Top Five PFAs in Control of Pension Market
These accounted for 3.98 percent of the N13 trillion total pension assets.
02/09/2022
Insurance industry pays over N11bn claims on #Endsars protests; could rise to N20bn
Musa also noted that the industry claims paid by member companies in 2021 financial year amounted to about N224 billion while Gross Premium Written stood at about N508 billion.
02/09/2022
AXA Mansard Opens New Office in Ibadan
‘This location will bring us closer to our esteemed customers in Ibadan and its environs and beyond that
02/08/2022
IQ-EQ welcomes Atlantica Ventures as first Launchpad client
IQ-EQ Launchpad was founded on the principle that gender equality is a fundamental right and that leadership is required to drive change.
02/08/2022
Guaranty Trust Holding Company Plc acquires the Mutual Fund and Pension Subsidiaries of Investment One
The acquisitions were facilitated by Exotix Advisory Limited and Vetiva Capital Management Limited as Financial Advisers, Aluko&Oyebode as Legal Adviser and Deloitte&Touche (Nigeria) as Financial Due Diligence Adviser.