07/24/2019
Nedbank’s billion-rand debt financing deal with Kenya’s Centum
The bank’s financing pipeline in the rest of Africa has now grown beyond the R4.5bn mark.
Alternative Investments
07/24/2019
China pulls out of Kenya after building a railroad to nowhere
The reason for China’s attack of cold feet might lie in the project’s high profile.
07/24/2019
East Africa: Private Equity Investment As A Means Of Creating Value
Over the course of the last six years, a total of more than 1 000 PE deals – worth in excess of US$25 billion – have been concluded in Africa and close to 200 those have taken place in the East Africa region.
07/24/2019
GIAP and others bet big on African real estate
Many African property investors are expecting the gradual roll-out of REITs across Africa to deliver several benefits
07/23/2019
Didi plans Middle East and North Africa expansion
China’s largest ride-hailing platform is about to bookend Asia.
07/22/2019
Investors jittery as losses rise to N1.31tr
The stock market had traded negative in six of the seven past trading sessions, causing panicky investors to invoke open market orders and dump stocks at lower prices.
07/18/2019
InsuResilience Investment Fund acquires stake in Royal Exchange General Insurance Company
The InsuResilience Investment Fund and Royal Exchange General Insurance Company have signed an agreement according to which the Fund will acquire a 39.25% equity stake and appoint nominees to the Board of Directors.
07/18/2019
Rhinos Come to the Bond Market, and Other Species May Follow
Bond seen as test for creation of conservation debt market
07/17/2019
South African State Pension Fund to Invest More Offshore
Moving more GEPF cash offshore could send shockwaves through South Africa’s listed companies, many of which count the PIC as its biggest shareholder.
07/16/2019
Investor confidence in Africa is returning
FDI inflows have risen due to advances in regional integration, the digital economy, infrastructure development and agribusiness
07/16/2019
FNZ acquires German investech Ebase for €154m
“Ebase is a well-established investment platform and leader in the digitisation of wealth management solutions, known for its performance in the German financial services market,” Durham adds.
07/14/2019
Africa free trade: $1b fund to offset losses
The agreement has already been ratified by 27 of Africa’s 55 countries, with Eritrea the only one yet to sign.
07/12/2019
African banks should follow world trends
In April this year, 14 leading global financial institutions came together to create the Trade Finance Distribution Initiative in an effort to establish the US$25 trillion trade finance industry as a more appealing asset class for institutional investors.
07/12/2019
African junk bonds last resort in hunt for yields
Bonds from six African countries are among the 10 best performers this year Read more at: //economictimes.indiatimes.com/articleshow/70185318.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
07/12/2019
West Africa drives wealth growth in the continent
Oxfam noted that the region has seen impressive economic growth in the past two decades, and in a few countries, this has been matched by a significant reduction in poverty levels.
07/12/2019
Don’t let the default option lead you to a false sense of security
A default plan doesn’t consider a retiree’s personal circumstances, and there’s a risk that it’ll severely underperform your growth.
07/11/2019
African Junk Bonds Are the Latest Trophy in the Global Hunt for Yield
Debt returns are among best in emerging markets after rally
07/10/2019
Bond turnover at NSE jumps to six-year high
“Liquidity conditions improved markedly towards the end of June bolstered by government payments to suppliers, government agencies and parastatals,” said Commercial Bank of Africa in a fixed income brief
07/10/2019
MTN inks South Africa insurance partnership
MTN’s latest agreement forms part of the operator’s strategy of increasing the scope of its financial services play across the group
07/09/2019
African Union Launches Continent-Wide Free Trade Area
African exporters want the free trade area to quickly enter into force to eliminate barriers and create free movement between states