03/31/2016
Congo formalises Afreximbank membership to boost intra-African trade
In 2013, Afreximbank had disbursed over $ 220m to Congolese entities, says Afreximbank’s president
Alternative Investments
03/30/2016
Kenya: K-rep to Re-Brand to Sidian Bank From April
K-rep bank plans to invest at least Sh750 million of which Sh400 million will be used to revamp its information Technology systems
03/29/2016
Ashburton’s first hedge fund nimble and flexible
Strategies include fundamental long/short equity, relative-value pairs, event-driven strategies and short-term opportunities.
03/29/2016
London Stock Exchange launches Africa Advisory Group
The London Stock Exchange Group (LSEG) held the inaugural session of its new Africa Advisory Group on 21 March.
03/29/2016
S. Korea to expand fund for African cooperation by US$600 mln
Yoo said South Korea is ready to share its experience and know-how on economic development with African countries and seek opportunities to help them develop their potential.
03/28/2016
Nigerian businesswoman: A cut above in macho world of diamonds
There, she enrolled at the internationally renowned Hoge Raad Voor Diamant school to hone her skills.
03/28/2016
Expand fund for African cooperation by US$600 mln
South Korea will inject a fresh US$600 million into its overseas cooperation fund by 2018 to help African countries launch massive infrastructure-building projects, the finance ministry said Monday.
03/28/2016
South Africa: Zuma Sings SA's Praises to Saudi Businessmen
This included collaboration in skills and technology transfers, strengthening of trade insitutions and co-operation between the governments and the private sectors of South Africa and Saudi Arabia.
03/24/2016
Santam to target emerging markets
In the period under review, Santam, now headed by Lizé Lambrechts, posted gross written premiums of R24.3bn
03/18/2016
Equity Bank eyes Barclays Africa stake
Barclays Africa Group, which is listed in Johannesburg Securities Exchange, has a market capitalisation of Sh724 billion
03/17/2016
African Bank to partner with Sanlam on insurance
Plans to offer stokvel product, transactional banking.
03/16/2016
Ethiopia: South African Companies Keen to Invest Here
Inspired by such a situation, companies from one of the leading industrial based economy South Africa are ready to do business here.
03/16/2016
Leading South African fund administration business changes hands
Adds over 140 employees based across South Africa and Malta
03/15/2016
Sanne Eyes Hedge Fund Outsourcing In South Africa With IDS Acquisition
The newly acquired company provides services such as calculating net asset values, fund accounting, investor services, and transaction and cash management.
03/14/2016
Old Mutual Emerging Markets could list as early as 2018
The recent takeover of investment manager Quilter Cheviot is starting to reap dividends.
03/14/2016
Sanlam seeks regulators' nod to acquire 23% stake in Shriram life & general insurance firms
Post the acquisition direct and indirect stakes will be 23 % & 26 % respectively
03/14/2016
Ashburton Investments brings four funds to the UK
Managed by AAA-rated Jonathan Schiessl, and Simon Finch, the fund invests across all market caps
03/11/2016
Mozambique proposes ‘tuna’ bond restructuring
The bond was sold as a plan to create a national fishing industry for the southern African country via Ematum — a tuna-fishing company backed by the state.
03/11/2016
Old Mutual to split into four businesses
The process should be completed by the end of 2018, the group said on Friday, as it sketched out the details of a keenly-anticipated strategic review.
03/10/2016
AfDB empowered to disburse Green Climate Fund in Africa
The African Development Bank has won Green Climate Fund accreditation, meaning funds can now be channelled to the continent through the bank as an implementing agency.