10/29/2018
South Africa: Towards the creation of a green bank
The GCF has also released money to finance the Programme for Integrated Development and Adaptation to Climate Change in the Niger Basin
Alternative Investments
10/29/2018
Companies pledge R290bn to SA at the investment conference
In their report-back media briefing session, various ministers mentioned amounts pledged to their sectors – but none could specify if the investments were in the pipeline, had already started or were even at proposal stage.
10/29/2018
Africa: Providing Credit to SMEs in Africa - an Non Banking Lender's View
These are huge numbers of people who are not getting an opportunity to access a loan
10/24/2018
DBSA secure funds to establish Climate Finance Facility
The CFF will co-fund projects and businesses that mitigate or adapt to climate change.
10/23/2018
US$500M Deal With African Trade Insurance Agency
Credit insurance is one of such instruments involving a specialized market with currently low penetration in Africa, but intent on playing a more active role.
10/23/2018
Local venture capital fund formation is on the rise in Africa, led by Nigeria
These results derived from a year-long project to boost Crunchbase’s Africa data capture and increase awareness of its platform across the continent’s tech ecosystem.
10/23/2018
Free capital flow places Kenya ahead of South Africa
The report ranks markets based on six pillars: market depth, access to foreign exchange, market transparency, tax and regulatory environment, macroeconomic opportunity and the legality and enforceability of standard financial markets master agreements.
10/23/2018
Egypt remains ‘Africa’s best investment destination’: Rand Merchant Bank
The report also observed that Egypt had the most diversified market in Africa
10/21/2018
Green shoots appearing in SA economy
Despite the reality checks provided by recent gross domestic product and unemployment data, leading business cycle indicators were on an upward trajectory.
10/19/2018
Investec asset management buys stake in South African school firm
Investec Asset Management said it had bought shares in Richfield Holdings, but did not disclose the size of the stake or cost of the deal.
10/17/2018
East Africa inches closer to pension transfers
The six EAC member states are also working to ensure that fund managers can invest retirees’ money in any country in the region.
10/16/2018
Nigeria seeks IMF’s $2.8bn Eurobond to fund capital projects
Apparently refusing to accept the IMF’s rating about the country’s huge debt stock and service obligations, the Minister stated that Nigeria still has much legroom for further borrowings since its total debt of over N72 trillion represents onl
10/15/2018
Navigating the nuances of offshore investment
Offshore wrappers are providing some of the solutions.
10/12/2018
Kenya to merge finance agencies to form development bank
A task force in place chaired by the National Treasury has been set up.
10/11/2018
AFC acquires inaugural US$300 million facility from Export-Import Bank of China
It has also been agreed that the signing of the facility agreement shall mark the first step into what will be a long and beneficial relationship with CEXIM, including AFC’s support to CEXIM’s Africa strategy, looking at their portfolio of ass
10/11/2018
Sanlam Completes Acquisition of Morocco’s Saham Finances
Sanlam now owns 90 percent of Saham Finances, while its property and casualty insurer, Santam Ltd., will hold the balance.
10/10/2018
Sanlam gets approval to buy Catalyst Fund Managers
Competition Commission gives nod for group to acquire a 69% stake in Cape Town company
10/09/2018
Imara Private Property Invest In Zambezi Company To Create The First Commercial Blueberry Orchard In Zambia (50 HAS)
ZBC plans to expand up to 500HA and be of the single largest standalone blueberry orchards in Southern Africa.
10/08/2018
CMA targets betting youth with short-term speculative products
Speaking during the launch of World Investor Week 2018, CMA chief executive Paul Muthaura said the search for investment options that give a return within a short period has driven the youth to gambling.
10/05/2018
Saudi Arabia sends team of energy experts to South Africa
Globally, Saudi Arabia is among South Africa’s top five import partners, largely due to the amount of the oil imported from the Kingdom.