10/15/2013
Standard Bank Group and the Industrial and Commercial Bank of China have concluded a $108 million debt financing package with Triumph Kenya to construct a 83MW heavy fuel oil plant in the east African nation.
10/14/2013
This decision was made recently following a rigorous selection process which presented Stanbic IBTC as the most suitable custodian.
10/13/2013
The increasing infrastructure boom in Nigeria and some other African countries will probably draw increased interest from investment banks and commercial lenders
10/08/2013
The African Development Bank Group is pleased to announce the first call for proposals of the Africa Trade Fund.
10/07/2013
Old Mutual is in Nigeria as part of our overall strategy to build a viable franchise in the West African region
10/02/2013
Futuregrowth Asset Management will “wind down” its holdings of bonds in Capitec Bank Holdings Ltd.,
10/02/2013
Futuregrowth Asset Management will “wind down” its holdings of bonds in Capitec Bank Holdings Ltd.
09/25/2013
One Thousand & One Voices, a private-equity fund started by the great grandson of the founder of Coors Brewing Co., said it’s opening a Johannesburg office after hiring three former Standard Bank Group Ltd. employees.
09/18/2013
Bankers pitching to win a mandate to handle Kenya's debut international bond are already complaining that their rivals are trying to "game the system"
09/17/2013
Investec Plc, which owns a bank and money manager in South Africa and the UK, declined the most in more than four years after it said fiscal first-half operating profit will drop on rand weakness and market turmoil.
09/15/2013
Our research shows that the entire West African region has thousands of companies that possess new and innovative products and services.
09/15/2013
The Eastern and Southern African Trade and Development Bank, known as PTA Bank, has approved China
09/11/2013
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 has begun a market wide consultation to familiarize itself with the Nigerian business environment and stakeholders including the Nigerian Insurers Association
09/10/2013
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
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
Momentum Global Investment Management has launched a multi-manager fund investing in Africa’s fixed income markets.
09/03/2013
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
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
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.