05/21/2015
Chase Bank Kenya launches $10.3 million bond
The bank intends to raise KES 10 billion ($10.3 million) from the first tranche with a Green Shoe Option of KES 2 billion.
Alternative Investments
05/19/2015
African Bitcoin Remittance Service BitPesa Expands to Tanzania
BitPesa’s service allows anyone to send money to any Tanzanian phone number and charges a flat 3 percent on all its transfers. The service also promises the money will arrive instantly.
05/18/2015
Standard, Bic Partner in Clients Insurance
Standard Chartered Bank Botswana and Botswana Insurance Company (BIC) have formed a partnership aimed at providing the bank's clients with general insurance products
05/18/2015
West Africa Oil Tycoons Demand More Luxury Properties In London
Increased interest in West African oil from European countries has made London a center for oil Tycoons from Nigeria and other countries in the region to reach and meet their clients. They use London as their base to travel on to other European markets.
05/18/2015
Entrepreneur-Led Development; A New Model for Africa
Only entrepreneurship can create opportunity where none seemingly exists
05/15/2015
FTSE and Stanbic IBTC develop Nigeria IPF benchmark
FTSE Group, the global index provider has developed the FTSE Nigeria Investable Pension Fund Benchmark
05/15/2015
Global Financing Facility Looks Beyond the Millennium Development Goals to Bolster Africa’s Private/Public Healthcare Systems
The GFF consists of financing from the GFF Trust Fund (currently funded at $800 million), the Bank’s International Development Assistance, and the International Bank of Reconstruction and Development.
05/15/2015
Ecobank partners Old Mutual Ghana to offer life assurance products
Our partnership is a symbiotic relationship
05/14/2015
African Infrastructure Draws Old Mutual, Macquarie for New Fund
Old Mutual Plc is setting up a new fund for investments in African infrastructure including toll roads and power plants as part of a joint venture with Macquarie Group Ltd.
05/14/2015
Pivotal Property Fund makes more acquisitions
The acquisitions increased the number of Pivotal’s properties to 40 from 33 making up of retail and office properties
05/13/2015
PIC’s Isibaya Fund Sells Capitec Stake to Black-Owned Group
The Public Investment Corp., Africa’s largest fund manager, sold shares in Capitec Bank Holdings Ltd. held through its Isibaya fund to a black-owned group
05/13/2015
Atlas Mara says 9 pct of investors oppose Diamond on board
The London-listed company said it did not know who voted against the former Barclays chief executive.
05/11/2015
SA, Mauritania to establish investment committee
South Africa’s trade relationship with Mauritania is at about R400 million and is characterised by a big imbalance in favour of South Africa.
05/11/2015
Uganda's 'oil rush' town stuck in the slow lane
Oil executives say production will start in 2018 at the earliest
05/11/2015
Firms eye Nairobi, London bourses
The local capital market is set to witness fresh capital injection with the planned dual listing of companies in Nairobi and London bourses.
05/11/2015
Botswana's Choppies to raise $48 mln in South African listing
The offer price for each share will be determined in a bookbuild process run by FirstRand's investment bank unit
05/08/2015
African Pensions Funds Invest in Infrastructure Projects
Until recently, funds had avoided investing in roads, railroads and ports
05/07/2015
UAE to boost investments in Sudan
UAE-Sudan Investment Forum to highlight opportunities in Sudan
05/06/2015
South African manager registers three hedge funds in Caymans
The firm employs 25 investment professionals, organised into individual strategy-specific teams.
05/01/2015
Barclays Africa enters Kenya life insurance market
Barclays Africa Group Limited has formally entered the Kenyan life insurance market with the launch of Barclays Life Assurance Kenya