08/14/2014
South African commodity hedge fund to launch two new funds
As a consequence of asset growth and successful investment results, BlueAlpha transferred the investment management function for the Polar Star Funds to a new entity, Polar Star Management
08/13/2014
As its stake in African Bank wiped out.
08/13/2014
Sovereign Trust Insurance has been growing its business in the last five years
08/13/2014
African Bank has engaged in risky lending practices such as very large unsecured loans
08/12/2014
Funds may use one day’s worth of accrued interest to offset losses, the Financial Services Board said in a circular to money managers yesterday.
08/11/2014
A fund manager is hired to invest the cash the investors have contributed
08/11/2014
CBZ Holdings has set up a fund in Mauritius to mobilise offshore lines of credit to finance its local projects, group chief executive officer Never Nyemudzo has said.
08/10/2014
Ghanaian President John Mahama last week ordered his government to open talks with the IMF as part of efforts to fix the economy and stabilise the cedi currency which has slumped around 40 percent this year.
08/10/2014
The Energy Report, Kelty riffs on shale in the U.S., basement reservoirs throughout the world and the news out of Africa. The investment opportunities are many.
08/10/2014
Bond investors in African Bank Investments Limited, who sent prices plunging by more than 50 percent last week, are joining shareholders in signalling the local provider of unsecured loans is running out of options.
08/07/2014
Alternatives that are marketed to mom-and-pop investors will remain red-hot
08/06/2014
The three-day summit, which has drawn heads of state and ministers from across the African continent, is designed to advance shared priorities
08/06/2014
The newly formed Seychelles Securities Exchange, Trop-X, has launched a derivatives market, the latest bid by the bourse to entice investors in the AMEA (Africa, Middle East and Asia) markets.
08/06/2014
The National Insurance Commission, NAICOM, has said 22 insurance companies in Nigeria generated N179.9bn gross premium income in the 2013 financial accounts.
08/05/2014
Carlyle Group LP Co-Chief Executive officer David Rubenstein said the private-equity industry “will take off” in Africa as his company and Blackstone Group LP (BX:US) backed energy partnerships with the continent’s richest person.
08/04/2014
Ecobank assessed sub-Saharan African markets on a weighted framework of 15 indicators including political, legal, regulatory and infrastructure metrics.
07/31/2014
A lack of access to electricity is one of Africa’s most critical infrastructure challenges
07/29/2014
The firm further revealed that its Strategy advisor for Africa, Reid and Jeff Blackbeard, are visiting Nigeria to meet potential investors
07/29/2014
It provides insurance solutions to the insuring public, commercial, industrial and corporate entities
07/27/2014
There is a strong divide between banking stocks in East and West Africa