05/14/2015
African Infrastructure Draws Old Mutual, Macquarie for New Fund
Old Mutual Plc is setting up a new fund for investments in African infrastructure including toll roads and power plants as part of a joint venture with Macquarie Group Ltd.
Alternative Investments
05/14/2015
Pivotal Property Fund makes more acquisitions
The acquisitions increased the number of Pivotal’s properties to 40 from 33 making up of retail and office properties
05/13/2015
PIC’s Isibaya Fund Sells Capitec Stake to Black-Owned Group
The Public Investment Corp., Africa’s largest fund manager, sold shares in Capitec Bank Holdings Ltd. held through its Isibaya fund to a black-owned group
05/13/2015
Atlas Mara says 9 pct of investors oppose Diamond on board
The London-listed company said it did not know who voted against the former Barclays chief executive.
05/11/2015
SA, Mauritania to establish investment committee
South Africa’s trade relationship with Mauritania is at about R400 million and is characterised by a big imbalance in favour of South Africa.
05/11/2015
Uganda's 'oil rush' town stuck in the slow lane
Oil executives say production will start in 2018 at the earliest
05/11/2015
Firms eye Nairobi, London bourses
The local capital market is set to witness fresh capital injection with the planned dual listing of companies in Nairobi and London bourses.
05/11/2015
Botswana's Choppies to raise $48 mln in South African listing
The offer price for each share will be determined in a bookbuild process run by FirstRand's investment bank unit
05/08/2015
African Pensions Funds Invest in Infrastructure Projects
Until recently, funds had avoided investing in roads, railroads and ports
05/07/2015
UAE to boost investments in Sudan
UAE-Sudan Investment Forum to highlight opportunities in Sudan
05/06/2015
South African manager registers three hedge funds in Caymans
The firm employs 25 investment professionals, organised into individual strategy-specific teams.
05/01/2015
Barclays Africa enters Kenya life insurance market
Barclays Africa Group Limited has formally entered the Kenyan life insurance market with the launch of Barclays Life Assurance Kenya
04/30/2015
AXA Group Of France Acquires Mansard Insurance Plc
The Nigerian Mansard Insurance Plc has been acquired by the France based AXA
04/29/2015
Continental Reinsurance plans to bank on Africa’s construction boom
Nigerian company Continental Reinsurance plans to double premium income from its property and engineering business
04/28/2015
Ghana advised to join Asian Bank
A retired diplomat, Dr Daniel N. Kotei has advised Ghana to join the Asian Infrastructure Investment Bank since it presents better and flexible opportunities than the International Monetary Fund.
04/28/2015
Barings identifies growth in MENA region
In particular, companies that offer exposure to structural growth sectors such as private healthcare and firms engaged in the provision of education and training as well as consumption represent strong opportunities
04/28/2015
Belvedere update: Guernsey FSC places three funds into administration
The three fund companies are all managed by Lancelot Management; a Guernsey registered collective investment schemes manager.
04/28/2015
West Africa Bourse To Get Two More Listings This Year - CEO
The exchange, which serves the eight countries that also form the West African CFA franc currency union, currently has 39 companies listed, the latest being Total's Senegalese subsidiary.
04/28/2015
Standard Bank Looking to Finance Investment Projects in Ethiopia
Standard Bank operates in 32 countries worldwide, 19 in Africa.
04/27/2015
Continental Re to double premium income $80 million
Nigeria’s second-largest insurer opened a branch in South Africa