09/10/2018
Zim mulls pension reforms
The reforms are also meant to improve welfare of pensioners, harness long term domestic savings and improve on regulatory framework.
Alternative Investments
09/10/2018
Zimbabwe's new finance minister mulls scrapping bond notes
The notes are backed by U.S. dollars loaned to the government by the African Export and Import Bank, and can be used like cash.
09/09/2018
Morocco’s BMCE Bank of Africa, China-Africa Business Council join hands to boost investments in Africa
The banking group, which has recently opened a new branch in Shanghai, said Chinese operators will also benefit from “the added value brought by the Shanghai branch.”
09/07/2018
Old Mutual: dominant and flush with cash
There will be more gifts for shareholders after the sale of the Latin American business goes through
09/06/2018
South African recession is "transitional issue" - Ramaphosa
The rand has slumped more than 5 percent against the dollar this week and government bonds have sold off steeply, also hurt by the turmoil on Turkish and Argentinian financial markets.
09/06/2018
Nigeria, capitalise on renewed scramble for Africa
This is why the country played host to two world leaders, Theresa May of the United Kingdom and Angela Merkel of Germany, who made whistle-stop tours of the continent last week.
09/03/2018
China-Africa Development Fund reaches $10 billion
To support Chinese companies in Africa, the fund was set up in 2007 following the 2006 Beijing Summit of the Forum on China-Africa Cooperation with an initial scale of $5 billion.
09/03/2018
Nigeria’s pensions potential attracts foreign interest
The industry is still young but better regulation and a huge population are a draw for investors
08/30/2018
ABANA to Honor David Rubenstein for his Contributions to the MENA Region
The 2018 ABANA Award Dinner partners include BlackRock and The Carlyle Group.
08/29/2018
UK launches ambition to generate billions more investment in Africa to trigger transformational growth
The City of London manages over £8 trillion of assets but at the moment only around 1% of those assets are invested in Africa
08/29/2018
South African Banks Weigh New Fund to Boost Black Farm Ownership
Lenders see land reform as critical to economic stability
08/29/2018
Singapore firms inked deals for projects in Africa
The Singapore Cooperation Enterprise and the Mozambique Investment and Export Promotion Agency signed a memorandum of understanding to head the exchange of consultancy, advisory and training services for master urban planning and Special Economic Zones an
08/28/2018
South African expats get access to international living annuity
New product limits SA exposure for South Africans living abroad.
08/28/2018
African Development Bank, Nordic Development Fund and Partners Launch Off-Grid Energy Access Fund With Us$58 Million
The initiative was presented to representatives of five African countries - Côte d'Ivoire, Ethiopia, Egypt, Nigeria and Zambia - as well as leaders from the private sector and development partner communities.
08/28/2018
AfDB, Namibia sign $217.8m loan to boost economic governance
The signing follows Board approval of the second year programme and budget for the fiscal year 2018/19, at a meeting on 18 July 2018, the Bank said in a statement.
08/21/2018
Diamond Bank Lifts 5000 SMEs with N20bn loan
“Another area that we help our customers is that we have clinics, and I think we have been able to have about 6000 of our customers take part in those clinics"
08/16/2018
UN agency to work with Ant Financial to promote financial inclusion in Africa
On Friday 3 August 2018, ECA Executive Secretary, Vera Songwe, led Ant Financial’s CEO, Eric Jing, and IFC’s VP and Treasurer, Jingdong Hua, to a meeting with President Mulatu Teshome of Ethiopia.
08/16/2018
Moroccan insurer Wafa Assurance warns on first-half profits
The insurer is owned 50 percent by Morocco’s biggest bank Attijariwafa Bank and 50 percent by the Royal Holding SNI which rebranded last March to Al Mada.
08/15/2018
Africa Prudential profit grows by 20%
Africa Prudential is still poised to be number one in Nigeria, with an aspiration to expand into the African market, driven by technology, translating to strong operational and financial efficiency.
08/13/2018
ANC to push sovereign wealth fund
The ANC report said the SWF would enable government “to provide a steady resource for national development objectives