07/03/2017
Nigeria’s central bank plans $100mn sales at special auction
Nigerian authorities want to attract foreign investor
Alternative Investments
06/30/2017
Afreximbank builds in Zim
The AGM is being held as a catalyst for industrialising Africa from June 28 to July 1.
06/29/2017
How private equity offers big returns
Survey shows investors pocketed R18.3bn, or a whopping 123.2%, more than in 2015
06/28/2017
Hollard’s acquisition of Regent gets go-ahead, two years down the line
The acquisition will cement Hollard’s position as SA’s second-largest short-term insurance company, increasing its lead on Old Mutual Insure, formerly Mutual & Federal.
06/28/2017
TLcom raises $40m Africa tech fund
It will focus on fast growing scalable companies leveraging the high penetration of mobile to serve the African market
06/28/2017
Ecobank may issue 6.7b shares for $400m convertible bond
As rights issue, the units will be pre-allotted to shareholders on the basis of their existing shareholdings.
06/27/2017
SA leads in push to use capital for social change
Impact investing is increasingly seen as a key driver of socioeconomic development, drawing on the power of capital to advance social change.
06/27/2017
Global financiers support Morocco’s green bond issuance
It also recognises the confidence and trust placed in the BCP Group by the largest international financial institutions.
06/27/2017
Enterprise Group, Sanlam part ways after US$130m sale
This means that Enterprise Group can now speak to a valuation of $250 million.
06/26/2017
KCB to tap agents in bid to up insurance uptake
Technology will be key to overcoming the stumbling blocks and increasing Kenya’s low insurance penetration.
06/26/2017
Nigeria’s first ever diaspora bond has raised $300 million
It wasn’t initially clear how many Nigerians actually invested in the bond.
06/22/2017
Ecobank approves $400m in convertible bonds
The bonds will be on offer to all Ecobank shareholders on identical terms shortly.
06/22/2017
Billions held in impact investments in Africa
Impact investing has become a key focus for many fund managers on the continent.
06/22/2017
Billionaire ups NMG stake
His listed equities portfolio currently has an estimated mark-to-market value of Sh2.8 billion, having come down from highs of Sh4 billion at the peak of the bull run in 2015.
06/22/2017
New service for German business seeking East Africa market
This is a first of its kind partnership between an African bank and DEG and is the second worldwide after Peru.
06/21/2017
Bob Diamond's Africa bank ups stake in Union Bank of Nigeria
It is in discussions with potential investors regarding a possible raising of new equity capital.
06/21/2017
Velocity Trade Opens Johannesburg Office
“We look forward to strengthening our Johannesburg team and building on the growth achieved over recent years.”
06/19/2017
Investors hunt for hidden frontier market gems
Risk improves as financial infrastructure matures and a middle class emerges
06/18/2017
Investec Property Fund helps to launch Izandla
Izandla’s board will include Sthembile Nkabinde, who founded Khulasande Capital.
06/15/2017
PE firms raise Sh114bn for East African investments
EA countries do not have exposure to commodities and their currencies have seen less devaluation.