03/02/2015
The EBRD is making an equity investment of $25 million, DEG and Proparco are providing $15 million each, while The Abraaj Group, with $145 million, will be the main investor in the healthcare investment platform.
02/28/2015
Sanlam is in talks to take a stake in restricted advice network Caerus
02/27/2015
Growth is expected to rebound over the medium term on account of an improved macroeconomic environment
02/26/2015
The first positive is they were simplifying that formula of saying employees can put away 7.5 per cent of their retirement funding
02/26/2015
Ecobank Group CEO Albert Essien gave the keynote address in Munich today at the 4th Conference on Managing Risk in Africa. Mr Essien offered strategies for managing risk in Africa’s growth markets.
02/26/2015
The deal was an important test of appetite for African bonds, which has soured somewhat after a number of issues in recent years.
02/26/2015
Launching the Fund, Dr Ato Essuman, said mutual funds help investors to generate better inflation-adjusted returns without time and energy.
02/26/2015
Liberty Holdings Ltd., the insurer controlled by Standard Bank Group Ltd., said it has more than ZAR 1 billion ($87 million) to make acquisitions in Africa and plans to raise more funds if needed.
02/25/2015
AfrAsia BANK Zimbabwe on Tuesday surrendered its operating licence, marking the end of an iconic institution previously known as Kingdom Financial Holdings and a poster child of Zimbabwe’s liberalised financial services industry in the 1990s.
02/24/2015
Kwanji, an FX B2B international trading platform, has launched a strategic partnership with global payments and treasury solutions provider
02/24/2015
Bob Geldof's African private equity fund said on Tuesday it has acquired a 42 percent stake in Orient Bank, a medium-sized Ugandan commercial bank to tap into a growing economy and a largely unbanked population
02/23/2015
Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, today announced that the 4th Trading Africa Summit will take place on March 4th & 5th in Cape Town, South Africa
02/23/2015
Joining CNBC Africa for more is Samir Gadio, head of Africa strategy at Standard Chartered Ban
02/22/2015
Virgin Active has hired South Africa-based Standard Bank Group Ltd to list the British health and fitness chain on the Johannesburg Stock Exchange
02/22/2015
Bank announced last year it will expand its financial support to Egypt
02/20/2015
Morocco Attijariwafa Bank is in talks with the Ivory Coast government to buy an additional stake in Societe Ivoirienne de Banque (SIB), its chief executive officer said on Thursday.
02/20/2015
Rules in July that changed how over-the-counter trading can be done in South Africa opened the door to a group of companies led by Bravura to set up a second exchange.
02/19/2015
Bravura Equity Services (Pty) Ltd. is working with a group of international partners to apply for a license to operate a stock exchange in South Africa that would rival the 128-year-old Johannesburg Stock Exchange.
02/17/2015
Regulation 28 seeks to curtail capital flight from the country and encourage domestic investment.
02/17/2015
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