08/10/2015
Mauritius Fund Manager Offers Largest Buy Price For Kenyan Stockbroker
CAK allowed the deal to go ahead on ground that it was unlikely to affect competition.
Alternative Investments
08/10/2015
AFDB, Access Bank Sign Agreement
Access Bank provides loans and banking services that help develop a vibrant private sector and increase incomes and employment
08/07/2015
South Africa's Liberty to spend up to $80 mln on two Nigeria deals
Liberty said businesses outside its home market hardly grew during the period due to weak investment markets in east Africa.
08/07/2015
Atlas Mara and OPIC Partner With $300 Million to Advance Inclusive Lending in Africa
Under the terms of the agreement, OPIC will provide $200 million in long-term debt and Atlas Mara is providing $100 million of committed resources
08/05/2015
Global Real Estate Crowdfunding Site Wealth Migrate Looks to Asia for Rapid Expansion
Recently Picken was traveling in China addressing a crowdfunding conference and speaking with potential partners.
08/05/2015
Ecobank buy pays off for Nedbank
The Rest of Africa operations are the fastest-growing division within Nedbank, although they do not yet match the billions brought in by its corporate and investment banking division.
08/04/2015
Global Real Estate Crowdfunding Site Wealth Migrate Looks to Asia for Rapid Expansion
Scott Picken is based in South Africa but he clearly thinks big when considering the addressable market for his real estate crowdfunding platform Wealth Migrate.
08/03/2015
International Monetary Fund increases MENA presence
The program will fall under the Fund’s ‘Rapid Financing Initiative’, which unlike more traditional Stand-By Arrangements, does not require the recipient country to have a full-fledged reform agenda in place.
07/31/2015
Uganda: UAP-Old Mutual Merger Good for Business, Says Wavamunno
The UAP Insurance and Old Mutual merger will offer customers new enhanced range of professional and improved quality services
07/30/2015
Old Mutual announces financial integration with UAP
The global financial services provider with a 4.9 billion dollar cash flow recently acquired a 60.7 percent stake in UAP holdings
07/29/2015
Africa needs more infrastructure investment that boosts long-term jobs growth
President Barack Obama’s trip to Kenya and Ethiopia has focused on trade, investment and entrepreneurship.
07/29/2015
MENA Private Equity association launches 9th report
UAE and Saudi lead investments by value in the MENA region and investment values in Egypt increased during 2014 UAE, Lebanon, Jordan and Morocco continue to be active in venture capital investments
07/28/2015
Convergence closes $200m infrastructure fund
Convergence Partners has announced the successful final close of its Convergence Partners Communications Infrastructure Fund.
07/27/2015
Why a Nigerian mattress company caught the eye of private equity players
But what is it about the mattress business that caught the attention of these investors in Nigeria?
07/24/2015
Motsepe and Sanlam in new venture
It would invest in various sectors including mining and financial services
07/23/2015
Nikko Asset Management expands UCITS range
UCITS funds are an excellent way for clients in EMEA and other regions to access global investments
07/23/2015
African Start-up: Bullion Essence Eyes Private Equity Investors, Crowd Funding Campaign Launched
Bullion Essence is reaching the bottom of the pyramid.
07/23/2015
Sub-Saharan African bond rush goes on
Despite risks to borrowers, investors.
07/20/2015
Lion’s Head, United Capital Asset Mgt appointed managers for $18.4m Africa local currency Bond
The ALCB Fund’s mission is to support local African banks, financial institutions, agribusiness, and renewable energy companies to issue bonds and similar instruments in local currency.
07/17/2015
AfDB takes lead in raising funds for AFIG Fund-II
The Board of Directors of the African Development Bank approved on 8 July an equity investment of up to $45 million in Atlantic Coast Regional Fund LLC II AFIG Fund II.