30-10-2014 23:52:00 | by: Administrator | hits: 4877860 | Tags:

[South Africa] Johannesburg Stock Exchange adds Argon Securities to its members list
21-07-2017 | 15:25:00
The Johannesburg Stock Exchange has welcomed Argon Securities, a 100% black-owned brokerage firm, as one of its members.
CloudMargin and Strate Collateral Management introduce automation to South African OTC Derivatives Contributors
19-07-2017 | 08:18:53
South African market participants can now enjoy unprecedented automation and straight-through processing by leveraging newly available, integrated cloud-based technology
[South Africa] RH Bophelo lists on the Johannesburg Stock Exchange
18-07-2017 | 09:27:01
RH Bophelo has listed as a special purpose acquisition company “SPAC” on the Main Board of the JSE
[Kenya] CMA seeks to develop sector with new policy for issuance of Global Depositary Receipts and Notes
17-07-2017 | 14:00:00
In order to deepen and develop the capital markets through innovative products, the Board of Capital Markets Authority (CMA) has approved a Policy Guidance Note (PGN) for the listing and trading of global depositary receipts and notes.
Johannesburg Stock Exchange celebrates tenth anniversary of currency derivatives market
14-07-2017 | 10:08:00
Both the total value and total number of contracts traded on the JSE’s Currency Derivatives market has effectively more than doubled every year since the launch of the market in 2007.
[South Africa] Growing market participation for new JSE agri product
10-07-2017 | 15:01:47
The Johannesburg Stock Exchange recently launched a Soya Bean Crush futures contract which provides simultaneous exposure to soya beans as well as its processed by-products.
[South Africa] AEP Energy lists as Special Purpose Acquisition Company at JSE
05-07-2017 | 11:04:28
AEP Energy Africa has listed as a Special Purpose Acquisition Company (SPAC) on the JSE’s AltX board.
Guinness Nigeria Plc undertakes $125 million rights issue
05-07-2017 | 08:02:02
Guinness Nigeria Plc has now received clearance of the issue documents from the Securities and Exchange Commission and approvals from the Nigerian Stock Exchange to list the new Guinness Nigeria shares on The Nigerian Stock Exchange.
[Kenya] Stewardship code for institutional investors at the Nairobi Securities Exchange gazetted
28-06-2017 | 10:16:54
The Capital Markets Authority (CMA) has announced the gazettement of the Stewardship Code for Institutional Investors. This framework is only the second of its kind in Africa after South Africa.
[South Africa] Avior Capital Markets Holdings lists on the Johannesburg stock Exchange
23-06-2017 | 11:58:16
Avior Capital Markets Holdings Limited has listed in the Financial Services Investment Services sector of the JSE’s AltX board.
World Bank supports access to finance in Sierra Leone with collateral registry
20-06-2017 | 15:26:25
The World Bank has launched collateral registry in Sierra Leone, an innovative financial tool that will allow smaller businesses to use movable assets like machinery to access loans, helping them grow.
Nigeria Stock Exchange launches academy on capital markets
20-06-2017 | 12:07:06
The Nigerian Stock Exchange (NSE) has unveiled X-Academy, a knowledge-platform designed to provide education services to individuals for better understanding of various aspects of the capital markets.
[South Africa] Debt Review Awards to recognize top debt counsellors
08-06-2017 | 14:30:00
On Saturday 10th June, the debt review industry will be holding it’s breath to see who the big winners in this year’s Annual Debt Review Awards will be.
World Bank to Assist Senegal Negotiate Complex Oil & Gas Projects
01-06-2017 | 09:41:44
The World Bank will provide a $29 million IDA* credit to Senegal to strengthen the country’s institutional capacities to negotiate complex agreements in the extractive industries.
[Nigeria] NNPC to Build Metering Plant to meet Egbin Power Plant Expansion
30-05-2017 | 03:12:30
​The Nigerian National Petroleum Corporation is to build 500million standard cubic feet of gas per day metering plant to serve the planned capacity expansion of Egbin Power Plant.
[South Africa] Vodacom strikes $2.6B deal for Safaricom stake
23-05-2017 | 11:55:57
Vodacom has announced its agreement to acquire a 34.94 percent stake in Kenya’s Safaricom, the global mobile money pioneer, for R34.6 billion ($2.6B)
[South Africa] Capital Appreciation acquires Synthesis Software Technologies for R132.1 million
23-05-2017 | 11:45:34
JSE listed Capital Appreciation Limited (JSE: CTA) has acquired 100 percent of Synthesis Software Technologies for R132.1 million.
[Kenya] Britam lowers money market fund investment with eye on mass market
10-05-2017 | 09:55:40
Britam Asset Managers has lowered its money market fund investment amount to Ksh 1,000 in a bid to encourage Kenyans to save more. The Britam Money Market Fund will allow investors to invest from as low as Kshs 1,000 with subsequent top ups of Ksh 1,000.
[Rwanda] Small businesses set to grow fortunes with $1 million boost from Mastercard
27-04-2017 | 11:14:00
In support of Rwanda’s Sustainable Development Goals, the Mastercard Center for Inclusive Growth has confirmed its commitment to a grant of up to $1 million over three years to support the growth of small business owners in Rwanda.
[Nigeria] 37 Companies Bid for NNPC Firefighting Trucks
27-04-2017 | 10:37:00
No fewer than thirty-seven companies have submitted bids to supply six triple agent firefighting trucks for the operation of the Nigerian Pipelines and Storage Company.
[Kenya] Courier Plus launches operations in Nairobi
24-04-2017 | 15:37:00
Nigeria based logistics and distribution firm Courier Plus has opened a Nairobi branch as it mulls expanding to other countries in the region to sate the growing demand for logistical services.
[Nigeria] Dangote sells noodles business to Dufil Prima
24-04-2017 | 09:20:41
Dangote Flour Mill (DFM) owned by Africa’s richest man, Aliko Dangote announced that it has sold its noodles business and assets to Dufil Prima, makers of Indomie noodles for an undisclosed amount.
Discounts lure buyers to South African bank stocks amid political upheaval
18-04-2017 | 13:00:00
Foreign investors have been snapping up South African banking stocks, enticed by the cheapest valuations relative to emerging-market peers since 2011, even as the country’s downgrade to junk deepened a broad equity selloff.
Enko Capital launches Africa focused debt fund as it forays into continent
12-04-2017 | 06:34:00
UK based asset management company Enko Capital has announced the launch of Enko Africa Debt Fund (EADF), with $200m assets under management (AUM).
UNIC Insurance relists as UNIC Diversified Holdings on Nigeria Stock Exchange
11-04-2017 | 12:36:46
UNIC Insurance Plc was yesterday delisted and replaced by UNIC Diversified Holdings (UDH) Plc at the Nigerian Stock Exchange as the insurance company completed its transformation into a financial services holding group.
[South Africa] Thebe Investments makes a bid for the Auction Industry
04-04-2017 | 12:52:00
Thebe Investment Corporation announced today that it has closed on the acquisition of a majority stake in Clear Asset (Pty) Ltd – a move that creates a leading black owned online auction house.
[Kenya] Britam to sell 10 per cent stake to International Finance Corporation
27-03-2017 | 09:10:22
Shareholders of Britam Holdings have approved the sale of 10.37 per cent stake to International Finance Corporation, the World Bank Group’s private investment and lending arm, for Sh3.55 billion.
African tax authorities equipped with tools to deal with transfer pricing issues
23-03-2017 | 11:04:00
The African Minerals Development Centre (AMDC) together with the Minerals and Energy for Development Alliance (MEfDA) and the World Bank, has delivered the first of two regional workshops on transfer pricing in Africa’s mineral sector.
[Kenya] Sanlam Group acquires majority stake in PineBridge Investments East Africa Limited
23-03-2017 | 05:45:48
Listed diversified Pan-African financial services group The Sanlam Group, through its subsidiary Sanlam Emerging Markets (SEM), has reached an agreement with PineBridge Investments (“PineBridge”), a global multi-asset class asset manager, to acquire PineBridge’s majority stake in PineBridge Investments East Africa Limited in Kenya (PIEAL).
Africa and Middle East security screening market by product, application, geography and forecast by 2022
16-03-2017 | 13:12:20
Orbis Research added report on "South Africa Virtual Desktop Infrastructure Market By Implementation Model (Hosted Shared Desktop, Hosted Virtual Desktop), Trends, Forecast (2017-2022)"
Johnson & Johnson opens regional offices in Ghana and Kenya
15-03-2017 | 06:50:33
American pharmaceutical and consumer packaged goods manufacturer has set up shop in Nairobi Kenya and Accra Ghana representing a novel approach to how Johnson & Johnson seeks to develop partnerships, products and service delivery models that address neglected and emerging health issues.
[Ethiopia] Real Relief unveils Lifeshelter, an innovative low cost housing solution
10-03-2017 | 16:04:00
Real Relief has announced the launch of Lifeshelter®, a unique shelter and rehousing solution based on an innovative concept that is ideal for rapid temporary rehousing in emergency situations, as well as being re-purposed for permanent housing.
South Africa’s insurer to acquire 75% equity in Nigeria’s UNIC Insurance
02-03-2017 | 12:22:00
South Africa’s Liberty Holdings has announced that it will acquire a 75 percent stake in a Nigerian insurer, UNIC Insurance Plc, for 160 million rand ($12 million), an equivalent of N3.72billion.
The Style Group Innovates social retail in Nigeria
16-02-2017 | 12:51:11
Nigerian contemporary lifestyle retail group The Style Group, is leapfrogging the brick-and-mortar sales of fashion, accessories and design services and instead focuses on offering them via modern social media commerce.
[Nigeria] The Estée Lauder Companies partners with Jumia to launch three new brands
15-02-2017 | 09:36:56
The Estée Lauder Companies has partnered with Jumia the leading online retailer in Nigeria to launch for the first time three of the Company’s brands – Clinique, Estée Lauder and Aramis.