01/09/2015

Old Mutual To Buy $97M Stake in Kenya Finance Firm

Old Mutual PLC Friday said it is buying a 23.3% stake in Kenya-based UAP Holdings Ltd, an East and Central African financial services company, for KES8.88 billion, or about USD97.6 million, part of its strategy to expand in Africa.

01/05/2015

Nigerian banks partner to offer SME-friendly loans

Eleven Nigerian banks, led by the country’s oldest financial institution the Bank of Industry (BOI), have partnered to fund the establishment of small and medium enterprises (SMEs) in the West African country.

12/30/2014

Mayberry sells Access shares

After an initial investment of J$38 million in 2006, the investment bank says it will earn approximately J$955 million or US$8.34 million from the transaction.

12/29/2014

DGCX launches three new Emerging Market currency futures

Expanding its suite of Emerging Market products, the Dubai Gold and Commodities Exchange, today announced the launch of three new currency contracts Russian Ruble Futures, Korean Won Futures and South African Rand Futures.

12/29/2014

Who did buy Bourse Africa?

CAHL, which FTIL said had agreed to pay $40 million, is six months old, with share capital of 1,000 Mauritian rupees; FTIL says deal followed transparent bidding