10/22/2014
Zimbabwe: $700m offshore funds lie idle
Close to $700 million secured for offshore lending to local companies is lying idle with only one percent of the package having been utilised since its approval in the first quarter of the year.
Alternative Investments
10/22/2014
Aditya Birla Group signs health insurance JV with South Africa’s MMI
Aditya Birla Financial Services Group, the financial services arm of the Aditya Birla Group, said on Tuesday that it had signed an agreement to form a health insurance joint venture with MMI Holdings of South Africa.
10/21/2014
CVC eyes $700 mln deals in Middle East, North Africa
A target deal size of around $700 million means that opportunities for CVC to invest have so far been limited
10/20/2014
Foreign credit to expand in Ghana
In spite of a softer macroeconomic environment, Ghana’s banking sector is in good health, thanks to an increase in assets and strong capital ratios
10/20/2014
SA's risky place amongst emerging markets
Even the term emerging markets is no longer an appropriate catch-all when it includes economies as different as China and Russia, or South Korea and South Africa.
10/20/2014
New battlegrounds in development finance
he popularity of public-private partnerships to support infrastructure development in emerging countries is growing worldwide.
10/16/2014
Troubled South Africa Spells Opportunity for Investors
Despite its sluggish economy, the country offers attractive stock picks from a corporate sector whose earnings have outpaced GDP growth.
10/14/2014
A Second Stock Exchange On The Horizon For Namibia
Currently Namibia runs a single local bourse, the Namibian Stock Exchange (NSX) based in Windhoek.
10/14/2014
InvestmentOne Acquires Kakawa Asset Management
InvestmentOne Financial Services Limited, a financial services group has expanded its operations with the acquisition of Kakawa Asset Management Ltd (KAML), a former subsidiary of Kakawa Discount House Limited.
10/14/2014
Rwanda Starts Its Engine of Green Growth
We have already seen devastating floods in the north of the country and droughts in the east. Landslides have destroyed homes and our unique ecosystems and biodiversity are under threat.
10/12/2014
Chinese Yuan penetrates African markets
China is Zimbabwe’s third largest trading partner after South Africa and the European Union, and until recently was the biggest buyer of its tobacco. In 2013, trade between China and Zimbabwe amounted to $1.1 billion.
10/12/2014
AfDB approves EUR 10 million equity investment in Moringa Private Equity Fund
The Board of Directors of the African Development Bank (AfDB) approved a EUR 10 million equity investment in the African compartment of the Moringa Private Equity Fund.
10/10/2014
Nigeria: World Bank Launches New Global Infrastructure Facility for Nigeria, Others
Among the partners are the Nigeria Sovereign Investment Authority (NSIA), manager of the Sovereign Wealth Fund (SWF) and 26 others, including governments.
10/09/2014
The final investing frontier: Nigerian beer?
All the Kenyan farmers have shifted to making barley because brewers are paying higher prices for what makes beer.
10/09/2014
Global elite law firm establishes presence South Africa
Johannesburg has become a key hub for local and international banks
10/08/2014
CEO of Biggest African Fund Manager Paid 27% More in Final Year
Masilela was also paid the previous year’s short-term incentives, which amounted to 2.4 million rand.
10/08/2014
Zambia’s ZCCM Investments Considers Listing in London
We are trying to see the advantages of moving to a more regulated market
10/08/2014
2nd Annual Africa Middle East - Investment Forum will be held on 9th & 10th December 2014 in Nairobi Kenya.
This will be a timely event that aims to show case investment opportunities in Africa and Middle East as a practical and significant stride towards opening new markets that will encourage investment and trade between the two regions.
10/08/2014
AfDB approves $12 million line of credit to Nigeria’s LAPO Microfinance Bank
The Board of Governors of the African Development Bank Group (AfDB) through its private sector window approved a $12 million line of credit (LOC) equivalent in Nigerian Naira (NGN) to LAPO Microfinance Bank (LAPO MfB) in Nigeria.
10/07/2014
Rosabon Seeks Best Practice in Financial Services
He explained the centrality of best practice in building the country’s financial service industry