12/10/2020
Nigeria: Fidelity Bank to Raise N75 Billion Through Bond Sale
The offer opened on Monday December 7 and is expected to close on Monday December 14, 2020.
Alternative Investments
12/09/2020
S Africa economy rebounds in Q3 after pandemic crash
To this day, South Africa accounts for the most coronavirus cases of any African country, with almost 820,000 confirmed infections out of 2.3mn.
12/09/2020
ADIA looks to Africa for new investment opportunities
The fund's 20-year annualized rate of return at Dec. 31 was 4.8%, vs. 5.4% in 2018.
12/09/2020
Africa Enterprise Challenge Fund (AECF) Launches Results Based Financing Programme for Clean Energy Companies
The US$ 4 million programme will support commercially viable companies establish new markets and accelerate access to clean energy
12/09/2020
Morocco raises $3bln with three-part bonds
The debt sale, which offers coupons of 2.375%, 3% and 4%, was managed by Barclays, BNP Paribas, JPMorgan and Natixis
12/09/2020
FCMB Group Plc projects PBT of N4.2 billion for Q1 2021
FCMB Group Plc has projected a conservative outlook for Q1 2021.
12/09/2020
Access Bank seals partnership with Coronation Insurance on bancassurance
Access Bank has announced a partnership with Coronation Insurance to drive bancassurance in Nigeria.
12/09/2020
Egyptian equity firm announces first investment
The LCP Fund II invests in Dsquares, a company founded in 2011 that offers businesses end-to-end loyalty and rewards solutions.
12/09/2020
African leaders seek ways to mitigate COVID-19 challenges on human capital
She said governments, financial institutions, and the private sector must stay the course by driving sustainable investment, maintaining access to international markets, putting the brakes on corruption, and strengthening support for small and medium-size
12/08/2020
Zimbabwe Stock Exchange: Old Mutual to list Top Ten ETF on Jan 4
Additional investments from other investors will be used to buy shares on the market and add to the portfolio.
12/08/2020
Investec maps Australian retreat, boutique spin-off planned
Major ructions are coming to Investec's Australian operations. Quentin Jones
12/07/2020
FBN Holdings Wins ‘Great Place to Work’ Awards
In the other categories, First Bank of Nigeria Limited received a gold certification as a great workplace and also won the ‘Best workplace in learning and development, affirming its peak performance in this space.
12/07/2020
Experts proffer solutions to Nigeria’s economic crisis
Uwaleke, who called for provision of fiscal incentives for companies listed on the securities exchanges, urged the Federal Government to pursue aggressive export-based diversification
12/07/2020
PFA highlights opportunity in pension transfer window
This window officially opened on November 16, 2020, as advised by the National Pension Commission (PenCom).
12/07/2020
Despite recession, firms generate N1.6trn revenue
Most businesses were either shot down completely or partially due to the COVID-19
12/07/2020
Equity Bank sees Sh50bn cash flow hit
The lender has earned Sh36 billion as interest income on loans and advances to customers or an average of Sh4 billion per month.
12/04/2020
Cayman Islands beats Mauritius! FDI into India surges to $2.1 billion
Based on cumulative inflows between April 2000 and September 2020, it is the 10th largest contributor with a 2 per cent share in total FDI flows
12/03/2020
Charts Showing Ghana’s Banks Are Rebounding Slower Than Economy
NPLs are slowly ticking lower as growth in Ghana's economy picks up
12/03/2020
Nigeria’s Biggest Bank in Talks to Buy Atlas Mara Assets
A deal would also mark the second transaction between Atlas Mara and Access Bank after the Nigerian lender agreed to buy its Mozambique unit at the end of September.
12/02/2020
Foreigners piled into South African bonds last month - here's why
It was feared that the Moody’s downgrade would trigger a massive sell-off as foreign investment funds which can only invest in investment-grade bonds, had to dump local bonds.