09/16/2014
Proposals for a new London-listed mining spin-off worth £3bn hit the dust yesterday, as shareholders at one of the world’s top gold miners revolted over a $2.1bn rights issue key to the massive restructuring.
09/15/2014
South African insurer may enter India
In India, it plans to target diabetes patients.
09/14/2014
PineBridge Investments East Africa Ltd has been ranked as one of the wealthiest fund managers in Kenya with assets under its management estimated to be worth Sh158.9 billion.
09/12/2014
Africa Israel raises $129 mln in bond sale to institutions
Africa Israel said the new series will go towards paying down older debt - principal and interest.
09/11/2014
UAE businesses have committed a total of $19 billion in funding for 17 infrastructure projects in West African countries
09/09/2014
Savings Warrior mixes it up.
09/09/2014
The sale of Kensington, which follows that of Investec's struggling Australian professional finance and leasing arm in April, does not include the Irish operations
09/05/2014
Oyekan said the floating of the fund will appeal to sophisticated and institutional investors that believe in the growth story of companies listed on the NSE and by corollary, in the abundant growth opportunities that exist in Nigeria.
09/05/2014
Fidelity Life Assurance has applied for a new $10 million bond limit after its initiation floatation was oversubscribed by $5 million.
09/04/2014
NEW legislation by the end of the year is expected to attract more individual investors to the previously unregulated hedge fund industry.
09/04/2014
Southern Heritage Limited is to be a newly incorporated open ended investment holding vehicle domiciled in Mauritius.
09/04/2014
African countries have been selling bonds at a record pace this year, but the latest deal might raise more than a few eyebrows.
09/04/2014
Sanlam to spend $52 million to raise India insurance stake
The company has already spent another 1.5 billion rand on expansion since January
09/04/2014
The collapse of African Bank Investments Ltd., South Africa’s largest provider of unsecured loans, last month froze the nation’s corporate bond market.
09/03/2014
If Nedbank converts its $285m loan to West African banking group Ecobank into an equity stake, it will help the local bank catch up with its rivals, which have made significant inroads in the rest of Africa.
09/03/2014
That compares with an average 35 basis-point drop in emerging-market yields, according to Bloomberg indexes.
09/02/2014
South Africa’s Bidvest mulls London IPO
Bidvest, one of South Africa’s largest conglomerates, is considering listing its food services business in London to help fund acquisitions and growth, in the latest sign of African companies tapping the UK capital markets.
08/29/2014
High stakes for high return, if you can stick it out for the long term - investors are buying into a boom in sub-Saharan African real estate.
08/28/2014
PIC plans to improve returns by investing to reinvigorate the flagging economy.
08/27/2014
At the signing ceremony held in Lagos yesterday, directors of SIAML and all other professional parties signed the deal to issue 10,000,000 units of the Fund of 100 each at par