11/24/2015
USA to provide 13% of N30b West Africa SMEs fund
The Fund is seeking to raise $150 million from international and local institutional investors to invest in small and medium enterprise companies in West Africa.
Alternative Investments
11/23/2015
‘Chocfingers’ hedge fund drunk on wine success
St Aubyn Leschallas Wines is the main distributor for Vondeling in the UK and sells all its 12 varieties
11/20/2015
New bond scheme for Mideast, N. Africa World Bank: World Bank official
The World Bank, United Nations and Islamic Development Bank last month announced the initiative that would ask donor countries to provide guarantees for bonds raising money
11/19/2015
Sanlam to unlock insurance potential
The strong performance notwithstanding, the sector’s penetration rate as measured by the ratio of premium underwritten to GDP remains low.
11/17/2015
Equity Group Kenya Targets 10 Million Congo Bank Customers
An estimated 4 percent of the adults among Congo’s population of 75 million have bank accounts
11/17/2015
How Dubai can help Africa drive growth
Dubai can be a key partner to Africa due to its strategic location, stable economy and sound economic policies.
11/16/2015
Fairtree Hedge Fund Triples Market Return on South African Mines
The Assegai MAP Equity Fund managed by Stephen Brown returned 8.9 percent in October for a 29 percent increase this year to the end of last month
11/16/2015
The curtain draws on hedge funds
The attack has been given impetus by the recent performance of hedge funds worldwide.
11/13/2015
Clients’ assets under management worth trillions of naira –Adegbola, MD/CEO, Meristem Trustees
DESPITE the low level of awareness in the industry, the future still looks bright for Trust business in the country.
11/13/2015
Record Fortress merger gets offshore boost
The merged entity is set to become an attractive investment for offshore institutions as it will be included in the MSCI emerging markets index.
11/12/2015
China faces opportunity and challenge in West Asia, Africa
It’s worth noting the China-Africa Development Fund has raised capital from $3 billion to $5 billion
11/12/2015
Stanbic IBTC Asset Management Ltd (SIAML) Sets Fantastic New Record In West Africa
Stanbic IBTC has achieved another first with its Money Market Fund becoming the first mutual fund in West Africa to cross the N50 billion mark in Net Asset Value.
11/12/2015
South Africa's Brait eyes $1.2 billion float of bottle maker - sources
The flotation of the Johannesburg-headquartered business is likely to come in the third quarter of next year, one of the sources added, cautioning that no deal was certain.
11/11/2015
Kenya's central bank chief says shilling stabilised
Fraud at mid-sized bank rattled market
11/11/2015
Uber And South Africa's Wesbank To Launch Car Hire Services For Taxi Drivers
A deal which will enable drivers who cannot afford to buy cars, rent them by obtaining a vehicle lease, the companies said on Tuesday.
11/11/2015
African insurance renaissance is possible -Central Bank governor
The conference, on the theme, ‘Africa rising: The indigenisation of insurance in West Africa’, was attended by about 150 insurance practitioners
11/10/2015
Growthpoint Properties announces pan-African real estate investment strategy
In addition to its 50% direct stake in the manager, Growthpoint will invest an initial US$50 million into the vehicle, with IFC also supporting it with a US$40 million investment as an anchor investor.
11/10/2015
Management enters African real estate tie-up
We are excited about this unique partnership as it brings together our pan-African investment experience
11/09/2015
The Gulf Cooperation Council Seeks Stronger Trade Ties with Africa
While lower commodity prices are dragging down exports in the region, the exposure to commodities is very different from one country to another.
11/09/2015
Sanlam Four takes on sales chief
London-based fund house Sanlam Four Investments UK, part-owned by the South Africa-headquartered Sanlam Group, has named Liz Adnitt as its new sales director.