09/03/2015
African entrepreneurs advise Commonwealth governments on bitcoin
The working group issued a number of recommendations to Commonwealth governments on issues surrounding virtual currencies such as bitcoin.
09/03/2015
This property transaction forms an important part of Aveng’s plan to strengthen its financial position and reduce debt.
09/01/2015
The violent intra-day market volatility seen in the past two weeks has caused widespread panic and has undoubtedly seen many investors making irrational and emotionally-driven decisions.
09/01/2015
The group’s weak growth in South Africa is the basis for the decision to expand to Angola
08/31/2015
The newly established Africa Climate Change Fund (ACCF) has approved its first two projects in the past month.
08/30/2015
The funds were kept with the Bank of Industry for disbursement t
08/26/2015
Old Mutual effectively owns half of the building
08/26/2015
South African stocks also declined, plummeting the most in more than five years as global commodity prices sank and threatened to weigh on the country’s already weak economic growth
08/25/2015
SANLAM Emerging Markets says it is looking to expand into Zimbabwe in the next year or two after its Kenyan subsidiary made an acquisition in a short-term insurance business in the east African country.
08/24/2015
Fowope offers a candid assessment of Nigerian FX after the Central Bank of Nigeria came to observe the local industry for the first time.
08/24/2015
The fund will focus on sectors which are "likely to benefit from an expanding middle class", such as healthcare, education and consumer goods, and seek both majority and minority stakes in companies.
08/23/2015
Afren Plc recently said its board had decided to put the company into administration after failing to secure support for a refinancing and restructuring plan.
08/23/2015
The naira could be the next currency to go, analysts including Bernd Berg of Societe Generale SA said.
08/21/2015
The offers which opened on July 15, 2015 was supposed to close on August 21, 2015 will now close on Tuesday, August 25, 2015.
08/20/2015
With platinum prices near a six-year low, producers will have to cut production
08/19/2015
Also, Nigerian companies are now listing on global stock exchanges creating more opportunities for foreign investors to invest in Nigerian companies
08/19/2015
The offers which opened on July 15, 2015 was supposed to close on August 21, 2015, but has been extended to Tuesday, August 25, 2015.
08/18/2015
The fashion cluster is the next one we are targeting with the fashion fund being launched here today
08/16/2015
The number of Sub-Saharan African sovereigns in the international bond markets has almost tripled since 2007, with newcomers including Zambia, Ethiopia and Kenya raising money in the past three years alone.
08/16/2015
Investors will now gain exposure to shares listed on Johannesburg, Kenyan and Nigerian stock exchanges.