07/27/2018
Dubai-based Badoer buys Sh100m stake in Kenyan SME lender Sumac
Sumac says it will use the funds to boost its capital as it looks to expand its loan book
Alternative Investments
07/24/2018
Chinese banks outshine other foreign banks in South Africa
Funding is important especially for companies like Aberdare’s, since it has salaries to pay and raw materials to buy.
07/19/2018
Allianz acquires Nigerian insurer
Ensure offers life and non-life insurance and generated gross premiums of €18.2m (£16.1m, $21.2m) in 2017.
07/19/2018
Egyptian investment bank acquires 100% of Nigeria’s Primera Africa
We have been consistently focusing on ramping up our services in newly-entered markets
07/18/2018
China’s investment in West Africa challenges France for business in its former colonies
Ivory Coast is the main focus, while Chinese loans and contracts also proliferate in French-speaking Senegal, Mali, Niger and Togo
07/16/2018
UAE to invest $10 billion in South Africa
President Ramaphosa arrived on Friday and was received by His Highness Shaikh Mohammad Bin Zayed Al Nahyan
07/16/2018
UK stockbroker to woo FDI to zim
Economic analysts see the growing foreign investor interest in Zimbabwe as a seal of approval of the current administration’s policies
07/13/2018
Germany issues $119m loan to support Tunisia banks
The loan agreement includes a €10 million ($11.9 million) grant which will be signed later to help implement agreed reforms.
07/12/2018
Africa Investment Forum to boost development agenda across the continent
“AIF will work closely with investors and project sponsors to enable them to increase trade and investment in local and global markets, ensuring that projects are able to secure adequate and appropriate finance,” said Stella Kilonzo, senior di
07/11/2018
Nedbank offers $75m offshore finance facility
She added that “the facility doesn’t have to be secured, as we don’t require tangible security
07/10/2018
Euclid Transactional Expands into Europe, Middle East and Africa
Euclid Transactional Expands Transactional Insurance Program into Europe, Middle East and Africa in Cooperation with Swiss Re Corporate Solutions and Aspen Insurance
07/10/2018
Tunisia: IsDB sells its stake in Zitouna Bank to Triki Group
The deal between the two parties came to fruition a few days
07/09/2018
New Money: The Creation of Wealth in a Country Bereft of Socio-economic Safe Guards
To deny the creation of new wealth in Ghana is to misunderstand the fundamentals of an emerging market like Ghana.
07/09/2018
Kenya turns to private bonds, seeks cheaper long-term funds
This would diversify the country’s debt portfolio and reduce banks’ dependence on government businesses, a fresh move to force local lenders back to the mass market.
07/09/2018
DBN deploys $1.3bn balance sheet for MSMEs
On repayment terms for DBN loans, Okpanachi stated that the institution will “provide funds for up to 10 years in terms of actual repayment period but when necessary we also provide a moratorium of up to 18 months.
07/04/2018
Gov’t plans GH¢300m monthly debt issuance for pension funds
With this reform, we hope to assert that pension funds are medium- to long-term in nature and require long-term instruments
07/02/2018
Old Mutual Insurance Partners Ecobank On Bacassurance
The Old Mutual-Ecobank Bancassurance Partnership already exists across eight African countries with Nigeria projected to be the most robust in reach and spread.
06/27/2018
Challenging times ahead for Mena private equity industry
Abraaj case likely to tarnish perceptions of PE investors
06/27/2018
Intra-Africa trade boosted by launch of $1 bln promotion programme
"Our aim as a government is to increase the levels of South African investments in the rest of the continent through targeted support measures," Mataboge said.
06/27/2018
Offshore investors in record sale of South African bonds
Foreigners dump local bonds in global emerging market selloff.