12/29/2021
The AfDB announced this in a statement titled ‘African Development Bank Group Board approves €10.5m pooled investment in tech start-up fund to boost innovation across sub-Saharan Africa.’
12/28/2021
The precise scope of these preliminary discussions is not known for now, for regulatory reasons – the two groups are both listed on the stock exchange.
12/27/2021
Commenting on the debt level of the country, analysts at Coronation Merchant Bank noted that as a percentage of total GDP, Nigeria’s public debt burden is relatively low compared to peer emerging market economies.
12/27/2021
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.
12/26/2021
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
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
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
“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
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
The scheme would provide an attractive mechanism for Long4Life shareholders to realise value
12/22/2021
The reform program is yielding impressive results.
12/22/2021
The award recognises our ability to understand the challenges facing our clients and to offer market solutions tailored to client needs.
12/21/2021
The deal comes after the world’s biggest platinum miners declared record dividends this year
12/20/2021
The top two countries for GDP in 2020 for Africa
12/20/2021
The platform aims to help advance Egypt’s economic development thrugh joint strategic investment projects
12/17/2021
Building upon its stellar reputation as one of the most active early-stage investors in African tech
12/17/2021
The awards are open for works in print, radio, television, and online media.
12/17/2021
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
“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
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