11/24/2013
Peregrine Holdings acquires an interest in Cannon Asset Managers
Building market share and increasing brand recognition
Alternative Investments
11/19/2013
Nairobi Luxury Home Prices Slow Down
A bullish growth in luxury property prices in Nairobi is coming to a halt, with the world's high net worth individuals looking elsewhere as the global economy recovers.
11/17/2013
Sovereign Trust post N1.6bn profit, ploughs back for competitiveness
The company returned to a stronger position in 2012, recording a profit before tax of N1.59 billion as against N513.85 million loss in 2011
11/17/2013
Abu Dhabi Banks Maneuver for $137 Billion in Asia to Africa
s Abu Dhabi’s largest lenders are embarking on an overseas expansion drive in pursuit of a $137 billion corporate-banking market stretching from Asia to Africa.
11/17/2013
Namibia: Non Banking Sector Worth N$130 Billion
The country's non banking sector is worth N$130 billion, which is twice the assets of banks.
11/16/2013
Abu Dhabi Banks Maneuver for $137 Billion in Emerging Markets
Abu Dhabi’s largest lenders are embarking on an overseas expansion drive in pursuit of a $137 billion corporate-banking market stretching from Asia to Africa.
11/15/2013
Hedge funds in emerging Asia, Middle East, Russia lead Q3 gains
Emerging Markets hedge funds extended year-to-date (YTD) performance gains in the third quarter as local equity and currency markets posted a strong recovery on a continuation of the US Federal Reserve stimulus measures, according to the latest HFR Emergi
11/12/2013
Old Mutual Sells Polish Unit
Old Mutual, Africa’s biggest insurance firm, on Tuesday said it had agreed to sell Skandia Poland to Vienna Insurance Group for an undisclosed sum.
11/11/2013
Liberia Set to Transform its Renewables Sector With $50 Million Climate Fund Endorsement
Endorsement of the Liberian investment plan took place during the just-concluded week-long CIF governing body meetings.
11/09/2013
Fidelity Bank Finances 30% Power Sector
Fidelity Bank has made 30 per cent funding to the power sector as the sector is essential to the functioning of the economy.
11/06/2013
Africa Investment Specialist Africa bond funds aim to turn niche into mainstream
African debt has increasingly captured the attention of global bond investors lured by the promise of high yields and diversification.
11/05/2013
Craven House Acquires Stake in 3 African Businesses
Simultaneously, the shareholders of EmVest have agreed to subscribe for 94,322,598 new ordinary shares in the company for 1.25p per share
11/05/2013
Diamond Bank Suspends Planned $550m Bond Issue
The bank disclosed during an investors’ conference call on its financial results for the period ended September 30, 2013.
11/03/2013
Access Bank earmarks N3 billion to boost tourism sector
Access Bank is set to propel economic development through detailed focus on the SME segment of the market. It has identified 13 critical segments for support and created a full Division to support the needs of SMEs in Nigeria.
10/29/2013
Standard Bank Group signs affordable housing agreement with European Investment Bank
Standard Bank Group is making available up to EUR30-million for the financing of affordable housing developments in South Africa.
10/29/2013
Exclusive: Standard Bank agrees to sell $1 billion worth of Asia loans - sources
South Africa's Standard Bank Group has agreed deals to sell its Asian loan portfolio worth around $1 billion to BNP Paribas SA BNPP.SA and others
10/27/2013
Foreign Investment In Nigeria’s Stock Exchange Hits $4.7 Billion
The positive early year figures were followed by N365.07 billion ($2.3 billion) recorded during April through June
10/26/2013
PIC Mum on Microlenders
The Public Investment Corporation is remaining coy about whether it plans to follow the example of asset manager Futuregrowth by cutting its exposure to unsecured lenders on "moral grounds".
10/26/2013
Diamond Industry Financier To Shutter Botswana Office
Clients are being informed. ABN AMRO is actively engaging in a dialogue with each client to find an optimal solution, related to the continuation of the business in the region from other locations,
10/22/2013
IE-CDB partnership to help S'pore firms in African foray
Singapore companies looking to penetrate the African market can now partner with China Development Bank a heavyweight financier of infrastructure projects, with networks on the continent.