04/08/2015
Equity owners approve massive expansion plan
Equity Group shareholders have approved Sh20 billion Pan African expansion plans that will see the group expand its continental reach of it banking, technology and related businesses.
Alternative Investments
04/07/2015
Ghanaian companies embark on trade mission to Qatar
Ghanaian business companies will, from April 5 to 10, embark on a trade and investment mission to Doha in Qatar
04/07/2015
South African Actuaries to Determine The Worth of BAI’s Assets
South-African actuaries of PricewaterhouseCoopers (PWC) are expected to arrive today, 7th of April
04/07/2015
Tunisia to sell stake in state banks, expects $1 bln in World Bank, IMF loans
Tunisia has been under pressure from international lenders to reduce its fiscal deficit
04/06/2015
Fund’s change of benchmark will affect fees
With about R40 billion in assets, the fund is the largest equity fund, and the fifth-largest unit trust fund, in South Africa
04/02/2015
Africa’s growth cities attract increased foreign real estate investment
Nigeria is now the largest economy in Africa
04/01/2015
Bob Diamond’s African Banking Venture Runs Into Problems
Former Barclays CEO’s Atlas Mara vehicle questioned over pay, conflict of interest
03/31/2015
Rock Star Spearheads U.S. Private-Equity Push Into Ethiopia
KKR, Blackstone, Paul Tudor Jones help drive investment as Africa makes historic shift from aid to trade
03/31/2015
Development Partners International closes Africa fund at $725m
Investors said consumer-facing industries from private education and insurance to retail offer the chance of high returns.
03/30/2015
Fountainhead set to accept Redefine’s sweeter offer
This is higher than last year’s offer of 82 shares for every 100 Fountainhead units.
03/30/2015
Regional CEO of MetLife joins MICC
Prior to assuming this position, he was General Manager of MetLife Spain and Distribution Director of Wealth Management in Western Europe.
03/30/2015
Peregrine Diamonds Announces Acquisition of Botswana Diamond Exploration Company
Peregrine Diamonds Ltd. is pleased to announce that it has entered into an agreement to acquire all of the shares of Diamexstrat Botswana Ltd.
03/29/2015
Bain Capital set to launch $3bn MYOB float
Bain Capital is preparing to launch the $2.8 billion initial public offering of its accounting software firm, MYOB, as early as Tuesday in what is likely to rank as the largest float of the year.
03/29/2015
Fountainhead set to accept Redefine’s sweeter offer
This is higher than last year’s offer of 82 shares for every 100 Fountainhead units.
03/27/2015
Belvedere: Fund suffers large redemptions
MET CI urges investors not to act indiscriminately
03/27/2015
GTBank participates in Tema Port expansion financing
The syndicated term loan facility to finance construction of the jetty was mandated by the Ghana Ports
03/27/2015
Kenya’s Jubilee Holdings is buying out its competition
Jubilee Holdings Ltd., plans to buyout smaller insurance companies to expand its business as competition heats up in the sector
03/27/2015
Cyprus: Expansion of business relations with South Africa
The efforts of the association are supported by the Cyprus High Commission in Pretoria
03/26/2015
Morocco aims to attract multi-billion dollar investments during AIM Congress in Dubai
A large delegation from the Moroccan public and private sector organizations will be present at this year's Annual Investment Meeting Congress in Dubai this month.
03/25/2015
In Africa, SWFs Seek to Bridge Infrastructure Gap — And Make Money Too
Across sub-Saharan Africa, sovereign wealth funds are stepping in to provide capital for big infrastructure projects. There are major risks — but the profits could be huge.