11/22/2019
FNB could become a Chinese takeover target – but not any time soon
It can build up a sizeable stake at cheaper prices rather than having to negotiate with a dominate shareholder.
11/22/2019
Cable and Wireless Seychelles was purchased by a consortium of local entrepreneurs earlier this month at $130 million from Liberty Global
11/22/2019
Concurrently, the bank says it increased its paid-up capital from Ksh.20 billion to Ksh.35 billion, in accordance with Section 8(3) of the CBK Act and implemented through a transfer of funds from the GRF.
11/21/2019
The initiative is open to South African woman-owned and businesses based in Gauteng Province working in agribusiness, agri-processing, manufacturing, construction, energy, retail, trade and services.
11/21/2019
The fund – MEC Ventures – will invest across sectors such as e-commerce, fintech, and technology ecosystem enablers
11/21/2019
The bank's adjusted basic earnings per share, which reflect profits made in the course of ordinary operations, were down 4% from 30.1 pence last year to 28.9 pence this year.
11/20/2019
Elumelu stressed the urgency in tackling poverty, the root cause of extremism in Africa.
11/19/2019
Instability and extremism, especially in the Sahel region, also keep Western countries from further investment in Africa, she said.
11/19/2019
In a statement Tuesday, Equity Bank Chief Executive James Mwangi said the acquisition provides more impetus for the Kenyan-based lender to push ahead with its dream of converting into a pan African bank by 2024.
11/19/2019
The multilateral financial institution has a current pipeline of investments in Africa worth $7bn
11/18/2019
There is an increasing awareness across the globe that businesses must run on the principles for responsible investment if they must remain sustainable in the long run. This global trend is gradually taking a foothold in Africa, as stakeholders gathered i
11/18/2019
Ithmar Capital is speaking with long-term investors for co-investments in several projects in Morocco, its managing director says
11/15/2019
This comes a time when insurance penetration is significantly low, estimated at about less than 3 per cent.
11/15/2019
“The rate of investment commitments made today is in the order of R363 billion rand,” said President Ramaphosa.
11/15/2019
Acting Treasury Secretary Ukur Yatani on Tuesday proposed to raise expenditure on development projects for this financial year ending June, 2020 by Sh85.5 billion.
11/15/2019
When Vantage invested in March 2013, Genser had built and operated two power facilities with a combined output of 35 megawatts
11/15/2019
The real estate investment trust says it will continue to look for good local acquisitive opportunities.
11/13/2019
Building on experience in northern and sub-Saharan African countries as well as in gender focused lending, the EIB will step up efforts to further invest in projects, sectors and markets
11/13/2019
Experts at the panel titled ‘Raising Funds to Accelerate Corporate Sustainable Growth’ discussed viable funding options like initial public offerings and private financing.
11/13/2019
The award win is certainly reflective of the firm’s strengthened presence in Africa; IQ-EQ has increased its headcount in the region by over 25% and now offers a full suite of fund services to the African private equity sector.