09/28/2018
Asia ex Japan:Region's financial asset growth slows but stays world's fastest
Growth in households’ debt moved sideward, however, on a high level, declining from 16.5% to 15.8% in 2017.
Alternative Investments
09/27/2018
Pension schemes pool resources to fund infrastructure projects
The bulk of the investments are still in the traditional asset classes mainly comprising of fixed income and equities.
09/27/2018
Actis to buy back Abraaj Group’s investment fund dedicated to Africa
There are ongoing negotiations for Abraaj Private Equity Fund IV
09/27/2018
Standard scoops top stockbroker accolade for third year in row
Brokers are competing more fiercely with each other, as new technology has driven down costs
09/27/2018
Kenya’s pension schemes team up for large scale investments
Overall the pension sector in Kenya has grown significantly in the past few years
09/26/2018
Nigeria Ranks 171st among Nations Investing in Education, Healthcare
“Our findings show the association between investments in education and health and improved human capital and GDP – which policymakers ignore at their own peril,”
09/26/2018
Jersey and Africa: an increasingly diverse partnership
They are set to attract a broad range of professionals from across the local advisory community
09/26/2018
AfDB and MCB launch first African exchange traded fund
The African Domestic Bond Fund (ADBF) was listed on the Stock Exchange of Mauritius on 18 September and is backed by a USD 25 million investment by AfDB.
09/24/2018
China Allocated 50 Billion Dollars to African Development
The allocation of these funds is part of the new strategy applied in trade relations between China and Africa
09/24/2018
AfDB woos Canadian businesses to invest in Africa
The AIF would bring together global private capital and investment funds, sovereign wealth funds and the private sector, for what is primarily billed as a transactional marketplace to bridge Africa’s US$68 - US$170 billion infrastructure gap.
09/21/2018
PIC makes $100m equity investment in African Export-Import Bank
The investment was made on behalf of the GEPF and has been approved by the relevant South African regulatory authorities.
09/20/2018
Prestigious education finance fund welcomes new public and private investors
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09/19/2018
African Development Bank, mariner investment group, and africa50 price landmark $1 billion impact securitization
Structured as a synthetic securitization by Mizuho International, Room2Run transfers the mezzanine credit risk on a portfolio of approximately 50 loans from among the African Development Bank’s non-sovereign lending book, including power, transporta
09/18/2018
Kuramo raises stake in fund manager GenAfrica
The Sub-Saharan Africa’s focused Kuramo paid Sh540 million for the additional stake on the same terms as those bought from Centum.
09/18/2018
British fund Gemcorp extends $250 million loan to Zimbabwe - CEO
Zimbabwe’s backlog for foreign payments is more than $600 million, according to the central bank.
09/17/2018
United Bank, Afreximbank to finance Egyptian exports to Africa
The collaboration will allow the duo to guarantee export earnings of Egypt, protects exports from risk of non-payment and increase volume of foreign trade in African markets.
09/17/2018
Kenyan pension funds band together for infrastructure investment
Investing in infrastructure is new for most pension plans in Kenya
09/17/2018
Chartered Insurance Institute opens Middle East and Africa office
There is growing demand from the region for the raising of professional standards
09/14/2018
Angola receives renewable energy investments worth $1m
As part of its long-term development strategy, the government of Angola aims to expand electricity access to 60% of the population by 2025, with an expected 70% to be derived from renewable sources.
09/14/2018
City Billionaire Puts His Eight Hotels Up For Sale
The eight hotels boast of over 350 rooms in form of tents, cottages, and hotel units.