07/06/2015
A Nigeria Without Chiefs Makes Top Paying Bonds Less Attractive
For investors, it’s missing a key ingredient: a functioning government.
Alternative Investments
07/03/2015
Stanbic IBTC Asset Management wins ‘best mutual fund provider’ in Nigeria
The winners were announced at a gala dinner and awards cer- emony in London recently.
07/03/2015
China's Africa equity fund to reach 5 bln USD in 2015
So far, the fund has invested 2.3 billion U.S. dollars in 80 projects ranging from infrastructure, manufacturing, agriculture, power stations, power transmission to industrial zones in more than 30 African countries.
07/03/2015
Korea Partners With Eight African Countries and World Bank Group
With support from the World Bank Group, eight African governments are collaborating with the Republic of Korea to strengthen human resources and build skills locally in the applied sciences, engineering and technology.
07/02/2015
China's Africa equity fund to reach 5 bln USD in 2015
CAD Fund was set up in 2007 to diversify the financial vehicles that facilitate Chinese investment to Africa.
07/02/2015
Stanbic IBTC Asset Management wins ‘best mutual fund provider’ in Nigeria
With three of Nigeria’s largest and most promi- nent mutual funds under its management, Stanbic IBTC Asset Management Lim- ited is by far the country’s leading asset management company.
07/02/2015
Côte d'Ivoire's President Launches West African Energy Leaders Group
As well as President Ouattara, the West African launch was attended by Nigerian Vice-President Yemi Osibajo and the Prime Ministers of Côte d'Ivoire, Benin, Mali, Niger and Togo.
07/01/2015
Top banks and PIC make offer for African Bank insurance unit
A consortium of leading South African banks together with the Public Investment Corporation has made an offer for African Bank Investment Limited insurance subsidiary Stangen
07/01/2015
Edcon faces day of reckoning as bond payment looms
Edcon Holdings Ltd. has to choose between spending the little money it has or not paying a $31 million coupon due on Tuesday as it seeks to restructure borrowings.
07/01/2015
Investbridge, Centum and Sabis in Africa education venture
Consortium plans to build 20 schools in Africa and raise money for expansion
06/29/2015
S/African Liberty, UK Prudential, 10 others push for Nigerian insurance market
Top international insurance firms, among them, Liberty Group of South Africa and Prudential Life Company of UK are at advanced stages in their push to enter the Nigerian insurance market, BusinessDay investigations show.
06/28/2015
SA groups keep balance sheets fit with foreign diet
South African companies are muscling their way into the UK private hospital market, underscored by Mediclinic's R8.6-billion purchase of 29% of Britain's second-largest private-hospital owner, Spire Healthcare.
06/26/2015
Crowdfunding for Businesses Growing in Africa
Start-ups in Africa often complain about banks being unwilling to lend. In the absence of loans, small businesses often fund themselves through savings and capital from friends and family.
06/26/2015
Vital Capital Investments Planning New $500M Fund For African Investments
Vital Capital Investments is planning to launch a $500 million investment fund that will invest in African companies.
06/25/2015
Steady course likely when new hand takes helm at FirstRand
FIRSTRAND stock has more than tripled in five years, outpacing its competitors among SA’s largest banks. That is one reason for the company’s new CEO not to reinvent strategy when he takes over in October.
06/25/2015
KenInvest signs MoU with USAID's East Africa Trade and Investment Hub
Kenyan and international officials inked an agreement on 24 June intended to boost regional and international trade.
06/24/2015
LexisNexis SA to acquire Korbitec
The business has its head office in Cape Town and has a major presence in Johannesburg
06/22/2015
World Bank’s IFC in Zambia deal with Zeder
AGRI BUSINESS specialist Zeder, which is controlled by investment house PSG, has wooed the World Bank-aligned International Finance Corporation as a strategic equity partner for its fledgling Zambian-based operations.
06/19/2015
Billionaire investor teams up with Ibrahim for African Private-Equity deals
He built mobile phone company Celtel to operate in African countries
06/19/2015
AfDB Extends Horn of Africa Drought Mitigation Project to Djibouti and Sudan
The African Development Bank Group (AfDB) has extended its multimillion multi-phased Horn of Africa drought resilience programme with a US $16-million soft loan to Djibouti and a US $14-million grant to Sudan.