02/11/2014
Sam Houlie, a money manager at Momentum Asset Management, is betting that African Bank Investments Ltd. will rebound by adding South Africa’s worst-performing lender to the portfolios of his funds.
02/07/2014
African nations seek new deals with Arab investors
African countries that missed out on Gulf cash pouring into agricultural projects elsewhere on the continent are trying to entice Arab investors with deals they say are designed to avoid problems of the past.
01/31/2014
International expansion is clearly on the agenda
01/30/2014
Nigeria is a key market, as are the eastern hub centred on Kenya, and the Southern African markets including Namibia and Zimbabwe, said investments director at Old Mutual Investment Group Hywel George.
01/30/2014
While growth rates will be highest in Asia and lowest in the more mature US market, the growth drivers will be the same across all markets
01/28/2014
Investment from China beneficial to Africa
These institutions are playing a very significant role in Africa's economic development
01/24/2014
South Africa’s market regulator, the Financial Services Board recently extended the limit in of the amount of money pension funds can invest in hedge funds, thus creating more opportunities in the local hedge funds space.
01/24/2014
The Dubai-based investment bank was issued a licence by the JSE on Wednesday as it became the first new stockbroker to become a member of the bourse since mid-2011.
01/20/2014
Global ETP flows accelerated in December to $24.7bn, following the Fed's decision to begin trimming its $85bn monthly bond-buying program.
01/20/2014
Ex-Standard Bank staff form London-based advisory firm
Five former employees of Standard Bank Group Ltd., Africa’s biggest lender, have formed a London-based advisory firm to arrange financing for companies and projects across the continent.
01/16/2014
Gold One would be delisted from both the ASX and the JSE on January 30, following the suspension of trade on January 17, after BCX paid out the Gold One shareholders on January 24.
01/15/2014
Johannesburg-based Standard Bank, Africa's largest lender, has been hired due to its local presence and expertise in the African country, two of the sources said, speaking on condition of anonymity as the matter has not been made public.
01/09/2014
Old Mutual’s has made an expansion drive into Sub-Sahara where it intends to deploy $500 million of investments in, asset management, insurance with acquisitions in Nigeria and Ghana.
01/08/2014
He looks set to continue as CE and help drive the insurers strategy to grow its Africa and wealth businesses.
01/08/2014
Kenya will auction a 10-year Treasury bond worth up to 10 billion shilling in January
01/07/2014
The agency said Ivory Coast will issue a total of about $1.68 billion in various instruments in 2014, the biggest in the region.
12/24/2013
Access Bank has granted a $150million Senior Secured Term Loan to FHN 26
12/23/2013
$11M Purse At 1st Zim Diamond Tender In Antwerp
The tender generated $1.6 million for the Zimbabwean treasury, which is the designated 15% royalty fee.
12/18/2013
It has always been stressed that insurance penetration in Nigeria is very low because insurers have refused to create products that suit the peculiarities of Nigerians.
12/18/2013
AfDB Board Approves U.S. $25 Million Investment in Pan-African Infrastructure Development Fund
PAIDF-2, which is aligned to the Bank's Ten Year Strategy on the one hand, and the Bank's Private Sector Development Strategy on the other, follows the near full commitment of PAIDF-1 with nine sub-investments in Africa.