10/08/2014
The Board of Governors of the African Development Bank Group (AfDB) through its private sector window approved a $12 million line of credit (LOC) equivalent in Nigerian Naira (NGN) to LAPO Microfinance Bank (LAPO MfB) in Nigeria.
10/07/2014
He explained the centrality of best practice in building the country’s financial service industry
10/06/2014
Today the JSE launched the first currency futures which track the exchange rate between the Rand and select African currencies.
10/06/2014
The Nigerian Stock Exchange (NSE) says it is supporting Direct Market Access (DMA) as an interim step to the implementation of the phase 1 Sponsored Access for the West African Capital Market Integration (WACMI) programme.
10/06/2014
Annual life insurance premiums amount to just 1 percent of Kenya's economic output of $42.6 billion, while only about 4 percent of the population estimated at 40 million have life cover.
10/06/2014
Currency futures allow investors as well as importers and exporters to protect themselves against the currency movement in the foreign country
10/03/2014
Interdealer broker Tradition has launched a new suite of African FX futures in partnership with the Johannesburg Stock Exchange and South African bank Absa Capital.
10/01/2014
For start-up firms sourcing talent can also be a significant challenge
10/01/2014
More states in Africa seem keen on joining the global Islamic finance sector, which is projected to be worth $2 trillion by the end of 2014.
09/30/2014
Retirement Fund Solutions now administers assets of N$14,5 billion on behalf of 35 000 members.
09/30/2014
Small asset management companies have witnessed significant erosion in their assets under fixed maturity plans, or FMPs following the adverse tax changes to debt mutual funds announced in the Union Budget in July.
09/29/2014
Kenyan real estate developers were urged on Wednesday to embrace Chinese innovation to meet the demand of housing in the country.
09/29/2014
Officials have said they would like to launch the first lending activities in 2016.
09/26/2014
Al-Amoudi, born in Ethiopia to an Ethiopian mother and Saudi father, is one of the country’s largest foreign investors
09/26/2014
Stanbic IBTC Asset Management Limited has said that efforts at enhancing Nigerian capital market have been boosted with the introduction of Stanbic IBTC Exchange Traded Fund 30
09/26/2014
Strained economic conditions in the country are hampering the capacity of some small and medium-scale enterprises to access development financing from the country’s development partners.
09/25/2014
Not even the specter of a spillover of Islamic extremism from Somalia can dampen the atmosphere in Kenya, where commercial oil production is expected to begin in 2016 and discovery after discovery has made this the hottest and fastest-paced hydrocarbon sc
09/23/2014
Experts estimate Africa needs to invest between $10-20 billion annually through 2050 to prepare for a 2°C-warmer world.
09/23/2014
The competing stockbrokers were assessed on five core measures: costs; range of investments; trading tools; client education; and responsiveness and transparency.
09/23/2014
The Zimbabwean government has requested the services of consultants to develop an indicators manual and a development report as it moves to activate a youth grant from the African Development Bank (AfDB).