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Alternative Investments

12/30/2021

Tunis Re Signs Consulting Agreement with RMS to Strengthen Monitoring of Exposures and Accumulations

This agreement will enable Tunis Re to increase monitoring of its exposures and further expand its risk management capabilities.

12/30/2021

Access Bank plans presence in major trade centres in Africa

Commenting on the Bank’s outlook for 2022, Wigwe said: “I think we’re on track. I think in terms of profitability our different franchises are doing exceedingly well.

12/29/2021

This Company’s Adoption Program Lets You Foster A Baby Coral In The Bahamas

The AfDB announced this in a statement titled ‘African Development Bank Group Board approves €10.5m pooled investment in tech start-up fund to boost innovation across sub-Saharan Africa.’

12/28/2021

Sanlam – Allianz: Insurance Giants Discuss Strategic Partnership

The precise scope of these preliminary discussions is not known for now, for regulatory reasons – the two groups are both listed on the stock exchange.

12/27/2021

FG Raises N2.7trn through FGN Bonds, N8.09bn via Savings Bond in 2021

Commenting on the debt level of the country, analysts at Coronation Merchant Bank noted that as a percentage of total GDP, Nigeria’s public debt burden is relatively low compared to peer emerging market economies.

12/27/2021

Global Bond Winners for 2021 All Came From Emerging Markets

A deeper look into 2021 performance shows the top performers have mostly fallen in price, but coupon returns were high enough to offset these losses.

12/26/2021

African Development Bank Group Board approves pooled investment in tech start-up fund to boost innovation across sub-Saharan Africa

Janngo Start-Up Fund, managed by Janngo Capital, builds, grows and invests in tech start-ups with proven business models and inclusive social impact

12/24/2021

African Development Bank Group Board approves €10.5 million pooled investment in tech start-up fund to boost innovation across sub-Saharan Africa

The pooled investment advances the Boost Africa Program, a collaboration among the contributing partners and the European Investment Bank to back investment funds that target early-stage innovative enterprises across sub-Saharan Africa.

12/24/2021

Pension industry grows by 18% in five years –PenOp

The association said the report incorporated responses from the nation’s leading pension fund managers, exploring their interest and perception of private equity as an asset class.

12/24/2021

We’re committed to meeting customers’ expectations – Sigma Pensions

“Pursuant to this mandate, PenCom on a regular basis issues directives and guidelines to govern the activities of Pension Fund Operators and PFOs are to strictly adhere to these guidelines.”

12/22/2021

Insurers Sanlam and Allianz Explore Options for Their African Businesses

The insurer made less than 500 million euros [US$564.1 million] in revenues from its African operations in 2020, but is looking to expand on the continent.

12/22/2021

Long4Life gets better offer from Old Mutual private equity unit

The scheme would provide an attractive mechanism for Long4Life shareholders to realise value

12/22/2021

Rwanda: World Bank to Avail $175m for Rwanda's Human Capital Development Programme

The reform program is yielding impressive results.

12/22/2021

Global Trade Review announces Bank One as “Best Trade Finance bank in Mauritius”

The award recognises our ability to understand the challenges facing our clients and to offer market solutions tailored to client needs.

12/21/2021

Billionaire-Backed African Rainbow Buys Mothballed Platinum Mine

The deal comes after the world’s biggest platinum miners declared record dividends this year

12/20/2021

Nigeria Emerges as the Largest Economy in Africa

The top two countries for GDP in 2020 for Africa

12/20/2021

State Investor ADQ Opens Cairo Office

The platform aims to help advance Egypt’s economic development thrugh joint strategic investment projects

12/17/2021

Ventures Platform Secures First Close of US$40mn Fund

Building upon its stellar reputation as one of the most active early-stage investors in African tech

12/17/2021

Sanlam Opens Entries for 2021 Financial Journalism Awards

The awards are open for works in print, radio, television, and online media.

12/17/2021

AfDB Board approves $170 million for investment in Nigeria's digital & creative start-ups

The investment in Digital and Creative Enterprises Program will also support the leaders through enterprise support organizations – groups that support, train, and sometimes fund entrepreneurs

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