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Alternative Investments

10/28/2016

Kenya deposits insurer feted at global industry meeting in Korea

Kenya has seen 27 lenders collapse or put under receivership in the country’s banking history.

10/27/2016

FCMB Announces Commencement of the Bank’s Interim Audit of its Nine-Month Results

KPMG, should pave way for the release of the 3Q16 earnings results of FCMB Group Plc.

10/26/2016

AfDB Assures Of Accelerated Investment To Solve Africa’s Energy Crisis

AFDB President reiterated the bank’s determination to fund critical power projects in Africa

10/26/2016

‘CPS ’ll soon get a boost’

The scheme has been a resounding success and has come to stay as part and parcel of our socio-economic reality

10/25/2016

Diamond’s Atlas Mara’s Profit Drops 44% on Currency Impact

Atlas Mara, which invests in African banks, has lost more than 73 percent of its value since an initial public offering in December 2013.

10/24/2016

Asset Management firms lose private insurance funds and portfolios in revenues improvement

The EFSA issued amendments at the end of 2015 on the executive regulations for insurance private funds, and stipulated that portfolio and fund owners should contract with asset management firms or hire full-time investment managers if the size of the fund

10/24/2016

Investors looking beyond Nigeria's disarray

Weak oil prices, stagnant growth and high unemployment have cast a shadow over the Nigeria's prospects

10/24/2016

Dubai Chamber discusses bilateral cooperation with Equatorial Guinea

The delegation was received by H.E. Majid Saif Al Ghurair, Chairman, H.E. Hamad Buamim, President and CEO, as well as a number of directors of Dubai Chamber.

10/24/2016

Nigerian bourse pushes back derivatives launch to 2017 - CEO

The collapse in oil prices has plunged the country into recession while eroding public finances and hard currency reserves.

10/24/2016

11 counties in western Kenya to set up bank

Each one of the 11 counties involved in the plan is to remit Sh100 million as start up capital for the bank

10/24/2016

S. Korea to strengthen cooperation with African countries

The KOAFEC meeting will contribute to strengthening friendship between South Korea and Africa

10/24/2016

Sukuk bonds issuance will grow in West Africa, says Hogan Lovells

These include sophomore issuances for the government of Cote d’Ivoire and the government of Senegal, and a debut issuance for the Republic of Togo.

10/21/2016

Black Lion Holdings’ Prince Alam-Sogan pushes investment in Africa

Prince Alam-Sogan is on a quest to attract more North American investors

10/21/2016

Germany refuses to print bond notes

The controversial bond notes are now expected to be introduced next month.

10/21/2016

Tunisia: A fund to help companies set up in Africa

Africamen is a joint venture capital mutual fund

10/20/2016

South Africa’s top asset managers: Former boutiques now nation’s biggest, best

Companies that started out as boutiques have slowly but surely established themselves as the major asset management players.

10/20/2016

Equity stock brokerage arm Exotix named Africa’s best

EIB and Exotix were awarded at this year’s Africa Investor CEO international investment summit

10/19/2016

Afriland First Bank, ICD in deal to create Islamic window

We aim at developing enough closeness with people and local communities so that we can respond at the best to any of their solicitations.

10/19/2016

Africa’s Private Equity Promise And What It Can Deliver

Emerging markets have become a key opportunity for global investors

10/19/2016

Ivory Coast, Senegal and Togo list sukuk bonds worth $1.28 bln

African countries are increasingly tapping the sukuk market to fund infrastructure projects

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