04/25/2016
Temenos T24 core banking system to underpin newly-merged Malawian bank
MSB will be ditching its previous provider, Neptune Software, and its Rubikon system.
Alternative Investments
04/25/2016
Family Bank Plans Share Sale to Fund East African Expansion
A replacement for Munyiri, whose contract expires in June, hasn’t yet been named.
04/25/2016
Zambia: Pangea Securities Plans Masika Grain Fund
Mr Siwale said that an agriculture company would offer its warehouse receipts as collateral to the investors
04/24/2016
Pension funds blind to charms of private equity assets
This is the main finding of a report issued this week by the South African Venture Capital and Private Equity Association and the Council for Retirement Funds of South Africa.
04/24/2016
"Many Moroccan companies refocus their activities to the South"
King Mohammed VI has pushed for these improvements in Morocco’s business environment, and the Palace’s vision has been adopted by the Moroccan private sector
04/24/2016
Iran, S Africa to form joint bank
The Iranian economy minster highlighted “one Iranian bank is seeking to set up a joint bank in South Africa.
04/21/2016
Kenya forced Chase Bank into an “arranged marriage”—but it still has way too many lenders
Analysts believe this will inject much-needed confidence into the banking sector.
04/20/2016
‘Nigeria’s pension fund to hit N20tr’
In a paper titled: “Investment of Pension Funds, Processes- Challenges, Risks and Rewards,” she highlighted some consideration and review of existing engagement rule to create opportunities for investment in critical areas in the economy.
04/19/2016
Nigeria: Access Bank Launches 'Accessnolly' Fund
The Nigerian film industry is the third largest film industry in the world with annual revenue of $200 million
04/18/2016
Pensions firms in Kenya urged to diversify their investments
The Capital Markets Authority and RBA are developing criteria for Private Equity Funds.
04/18/2016
Ashburton Investments launches first inflation-linked, green debt investment
Moving beyond pension funds, this asset class may hold advantages for long-term insurers wishing to benefit from the so-called matching premium adjustment that arises under the new insurance regulatory regime known as Solvency Assessment and Management.
04/18/2016
Exchange-traded Funds: gaining ground
The Stock Exchange of Mauritius (SEM) allows for the local listing of ETFs.
04/18/2016
NIGERIA: Sec Approves Lotus Halal Fixed Income Fund
The Lotus Halal Fixed Income Fund is aimed at investors who do not want exposure to the volatility of the stock market but desire an investment with regular distributions and low risk. With a minimum investment of N5,000, the fund is accessible to all inv
04/18/2016
Stanbic IBTC Pension to hold retirement forum
In a statement at the weekend, he said about 600 participants are expected at the forum to be held on Thursday in Lagos.
04/15/2016
Billionaire launches new company with Sanlam heavyweights
ARC is a subsidiary of Ubuntu-Botho Investments, Sanlam's empowerment partner.
04/14/2016
New rules set to revive South Africa's hedge fund industry
CISCA regulation expected to boost allocations to hedge funds over long term
04/14/2016
African Bank Yields Fall as Investors See Hope for Survival
African Bank collapsed in August 2014 with senior-debt investors owed more than 40 billion rand ($2.72 billion).
04/13/2016
Partnering With You to Do Good Things: Old Mutual Publishes Positive Futures Plan
Old Mutual has launched the Positive Futures Plan focusing on two areas where it can have the greatest influence on sustainable growth; namely enabling financial wellbeing and responsible investment.
04/12/2016
Nigeria may issue Chinese Panda bonds to help fund 2016 budget
China launched the market for Pandas - yuan-denominated bonds sold by overseas entities on the mainland - in 2005 but only a handful of foreign entities have raised debt there.
04/12/2016
Africa to become major alpha source
On top of population growth, Kotecha said that there was a significant movement from rural to urban regions, accompanied by higher per capita income.