06/24/2014
East African financial service firm to acquire Real Insurance
The group, which control operations in Kenya, Uganda and Rwanda has received approvals from regulators in Kenya, but said it awaits same from the other countries where Real Insurance operates to ensure completion of the transaction by mid-July.
06/24/2014
Economic reforms are fostering the growth of retirement assets and making the region’s nascent pension fund industry an attractive target for Western investors.
06/24/2014
The implementation of pControl has enabled Curo to deliver more efficient and flexible administration service across a number of complex processes such as net-asset-value (NAV) unit pricing, cash allocation and rebalancing, unitised order management and i
06/23/2014
The Standard Chartered MNI Business Sentiment Indicator provides insight into business conditions
06/23/2014
The plant, Mr Larbie observed, would run on gas, light crude and diesel
06/20/2014
Signing ceremony presided by His Majesty King Mohammed VI of Morocco
06/19/2014
UK-based mining giant may sell South African platinum mines: Deutsche Bank
Some mining industry participants are looking in general at merger and acquisition opportunities in the platinum industry
06/18/2014
Kenya has reduced the fees to enter its national parks and landing charges at Mombasa and Malindi airports in efforts to recover any tourism damage from the Foreign & Commonwealth Office's to parts of the country.
06/16/2014
Sterling Bank introduces social lending scheme
The scheme, according to him, provides a platform for online fans
06/16/2014
JPMorgan launches emerging markets opportunities fund
JPMorgan Asset Management India today announced the launch of JPMorgan Emerging Markets Opportunities Equity Offshore Fund, an open ended fund of funds scheme that seeks to provide long term capital growth to its investors.
06/16/2014
Major new trends and innovations in digital financial services are opening up the possibility of significantly expanding financial inclusion in Africa
06/16/2014
Recently a friend of mine, I still have one left, entered her local bank carrying a bag of coins.
06/13/2014
The issue of a debut sovereign Eurobond by Kenya will go into the annals of Kenyan history as the time when the country decided it has what it takes to directly raise money from foreign investors.
06/10/2014
He said the fund’s main objective is to ensure more youth; women and people with disabilities benefit more
06/05/2014
Insurer Sanlam said on Tuesday that it was looking to bed down one or two more acquisitions before the end of this year after announcing that it had bought a 63% stake in Rwanda’s largest insurer, Soras Group, for R254m.
06/04/2014
We’ve sourced the top African real estate advisory team
06/03/2014
The Kingdom of Morocco has mandated BNP Paribas, Commerzbank and Natixis to arrange a series of fixed-income investor meetings in Europe commencing on June 6, according to a lead.
06/03/2014
Helios Investment Partners took a minority stake in Nigerian pension fund manager ARM Pension Managers PFA, a spokesman for Helios said. Under the agreement, funds managed by the Africa-focused, $2 billion private equity firm will acquire a minority stak
06/03/2014
Nigeria's pension industry has grown by more than 30% per year
06/03/2014
Events in Qatar, Dubai and Tunisia in the MENA region and in Ghana and Nigeria in sub Saharan Africa are on the agenda for June according to the IHS Banking Risk team.