07/06/2015
Volatility in Africa led Aston Wealth Management to adopt a more flexible approach to dealing with offshore clients – and in turn it learnt an invaluable lesson, that reacting quickly can create great future opportunity.
07/06/2015
The debut issue of as much as $500 million of five- to seven-year Eurobonds will probably happen before the end of the year, Chief Executive Officer Kola Karim said in an interview in his office in Lagos on June 2.
07/06/2015
Abraaj helped Kenyan-based insurance company expand across region
07/06/2015
For investors, it’s missing a key ingredient: a functioning government.
07/03/2015
The winners were announced at a gala dinner and awards cer- emony in London recently.
07/03/2015
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
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
CAD Fund was set up in 2007 to diversify the financial vehicles that facilitate Chinese investment to Africa.
07/02/2015
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
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
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 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
Consortium plans to build 20 schools in Africa and raise money for expansion
06/29/2015
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
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
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 is planning to launch a $500 million investment fund that will invest in African companies.
06/25/2015
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
Kenyan and international officials inked an agreement on 24 June intended to boost regional and international trade.
06/24/2015
The business has its head office in Cape Town and has a major presence in Johannesburg