09/15/2013
African bank seeks bigger share from China
The Eastern and Southern African Trade and Development Bank, known as PTA Bank, has approved China
Alternative Investments
09/11/2013
Citi Surpasses $500 Billion in Alternative Assets under Administration
Citi has surpassed $500 billion in alternative assets under administration, affirming its leadership as one of the largest fund administrators in the alternative asset management industry.
09/10/2013
Old Mutual Nigeria begins market wide consultation
Old mutual Nigeria has begun a market wide consultation to familiarize itself with the Nigerian business environment and stakeholders including the Nigerian Insurers Association
09/10/2013
FirstRand Sets Aside R10bn to Expand Further Into Africa
Financial services group FirstRand has set aside R10bn over the next two years to expand further into Africa through small acquisitions and greenfields operations,
09/09/2013
Hedge Funds research reveals importance of establishing institutional credibility
New global research undertaken by analyst firm Aite Group and SunGard finds that hedge funds see institutional credibility as a key element for achieving success.
09/08/2013
New Africa Multi-Manager Fund to Invest For Income
Momentum Global Investment Management has launched a multi-manager fund investing in Africa’s fixed income markets.
09/03/2013
Mozambique sets Initial Yield Guidance On seven-Year Bond
Mozambique government agency Ematum has set initial yield guidance of low- to mid-8% on its upcoming issue of a seven-year US dollar-denominate bond, according to one of the lead managers.
09/03/2013
AfDB Approves a U.S $15 Million Equity Investment to Boost African Financial Markets
The Fund aims to invest in mid-size companies registered in Africa and exhibiting a strong potential for successful listing on one or many African stock markets.
09/02/2013
Investment One Financial acquires NIGFUND
The acquisition was consequent upon the approval of the unit-holders at the Annual General Meeting of the Fund and ratification by the Securities and Exchange Commission.
09/02/2013
Old Mutual PLC Update on Acquisition in Ghana
Old Mutual today announces that its acquisition of a majority stake in Ghana's Provident Life Assurance Company has become unconditional
08/30/2013
Investment One Financial Services buys NIGFUND from Fidelity Bank
Investment One's Head of Corporate Services Abimbola Afolabi-Ajayi told reporters that the purchase would fulfill the firm's objective of becoming a provider of complete investment services.
08/29/2013
China-Africa Economic and Trade Cooperation (2013)
China joins other countries and international multilateral organizations
08/28/2013
African Bond Markets: Come of Age
Africa's bond markets are coming of age, a reality marked by Investec Asset Management's (IAM) launch of its Africa Fixed Income Opportunities Fund
08/28/2013
Barclays Africa to rebrand Absa Life in Botswana
The brand change will enable the insurer to leverage off the larger Barclays bank retail footprint to distribute insurance products.
08/27/2013
Brazilian bank BNDES opens its African office in Johannesburg
The aim of the new office is to support Brazilian companies that export services
08/27/2013
Old Mutual to tap into growth in East Africa
Old Mutual, the UK’s third-largest insurer by market value, expects to sell more life-insurance products and begin offering general coverage in Kenya, where premium income is expected to double by 2017.
08/25/2013
The fastest growing global equity funds
Financial advisors and analysts have also used the opportunity to encourage investors to diversify by placing at least 15% to 25% of their portfolios in international assets.
08/18/2013
Investors take note of Africa-specific funds
Liquidity falling behind, but a higher number of listings is on the cards, writes Evan Pickworth
08/18/2013
SA bank 'best African forex provider'
South Africa's Standard Bank has been named best foreign exchange provider in Africa by New York-based magazine Global Finance, the bank announced last week.
08/18/2013
Old Mutual to Leverage On Growth in Africa
Old Mutual plc plans to leverage on growing opportunities in Africa to consolidate its foothold on the continent.