tagresults

30-10-2014 23:52:00 | by: Administrator | hits: 32631724 | Tags:

NSE amends trading rules to support block trades in Kenya
06-02-2023 | 11:28:42
The Nairobi Securities Exchange (NSE) has amended its Trading Rules to allow for Block Trades, following a green light from the regulator Capital Markets Authority (CMA) on 30th January, 2023.
160 milliards de dollars pour financer des projets d'infrastructure en Afrique
06-02-2023 | 08:44:00
Le deuxième sommet de Dakar sur le Financement du développement des infrastructures en Afrique s’est ouvert dans la capitale sénégalaise. Au programme, 69 projets d’infrastructures, d’une valeur de 160 milliards de dollars.
Vantage Capital announces the final close of its fourth mezzanine fund
06-02-2023 | 08:27:40
A total of US $377 million of commitments has been secured from a mix of European and US-based commercial investors, as well as a host of development finance institutions (DFIs) that include IFC, BII, SIFEM, DEG, Norfund, Swedfund, Finnfund and EIB.
[Kenya] Nairobi Securities Exchange amends trading rules to support block trades
03-02-2023 | 07:34:00
Block trades shall constitute the sale of shares whose value: exceeds Kshs. 3 billion in value and constitute 5% or more of an Issuer’s total issued shares subject to a maximum of 24.99%.
NORFUND invests in SAMANU to increase the production of edible oils in Ethiopia
02-02-2023 | 13:45:51
Norfund and a consortium of private investors managed by 54 Capital announce $21 million growth capital investment into Ethiopia’s largest FMCG platform SAMANU. Increased local production of edible oil will create jobs, increase food security, and provide income for up to 200,000 smallholder farmers.
Radisson Hotel Group delivers strong growth in 2022 through its 9 relevant brands
02-02-2023 | 13:29:14
In 2022, Radisson Hotel Group continued to drive forward its ambitious expansion plan to be one of the top three hotel groups in the world with its strong portfolio of nine distinct brands and its growing resorts portfolio.
Proparco, Bic-Bred et le Groupe Touton s’associent pour soutenir les exportations de cacao et café d’Afrique
02-02-2023 | 12:53:00
Après un premier partenariat entre Proparco, Bic-Bred Suisse SA et Céréalis en faveur des importations de céréales et oléagineux en Afrique de l’Ouest et centrale, Proparco continue de soutenir le financement du commerce avec l’Afrique.
FONSIS et Bureau de Mise à Niveau des entreprises ont signé un accord pour faciliter des PME et PMI
02-02-2023 | 10:42:00
Le FONSIS et le Bureau de Mise à Niveau des entreprises mutualisent leurs efforts pour faciliter l’accompagnement au développement économique des PME et PMI
Apparel Group to announces joint venture with Steve Madden to expand its global presence
01-02-2023 | 12:26:12
Apparel Group aims to significantly expand Steve Madden’s footprint in the GCC, Africa, Türkiye, CIS countries and South Asia.
Phatisa invests into leading East & West African packaging and printing company MHL International
01-02-2023 | 12:12:00
Phatisa takes a significant minority stake in The Manipal Group Company – MHL International Holdings Limited – a leading printing & packaging provider, particularly into the food & beverage sector
[Kenya] Capital Markets Authority licenses four new coffee brokers
31-01-2023 | 09:22:42
The coffee brokers were licensed under the Capital Markets (Coffee Exchange) Regulations, 2020. This brings the number of coffee brokers so far licensed by CMA to ten.
Accord FONSIS et GGGI pour accroitre l’Investissement et l’accès à la Finance climatique au Sénégal
30-01-2023 | 12:39:00
Le Fonds Souverain d’Investissements Stratégiques (FONSIS) et l'institut Mondial pour la croissance verte (GGGI) ont conclu un Protocole d’accord autour d’un programme d’entreprenariat vert « accroitre l’investissement et l’accès à la finance climatique au Sénégal ».
[Sommet Nourrir l’Afrique] :10 milliards de dollars pour faire de l’Afrique le grenier du monde
30-01-2023 | 11:14:00
Le Groupe de la Banque africaine de développement prévoit d’investir dix milliards de dollars au cours des cinq prochaines années pour aider l’Afrique à éradiquer la faim et devenir le principal fournisseur de denrées alimentaires pour elle-même et pour le reste du monde.
Kasada acquiert le Lamantin Beach Resort & Spa a Saly, Au Senegal
30-01-2023 | 09:47:31
Kasada, plateforme indépendante de private equity immobilier dédiée à l’hôtellerie en Afrique subsaharienne et leader sur son segment, a annoncé l'acquisition de l'un des complexes hôteliers les plus en vue du Sénégal : le Lamantin Beach Resort & Spa.
Kasada va developper un combo hotelier adjacent au plus grand projet de developpement
26-01-2023 | 14:27:52
Ce nouveau complexe constituera un nouveau centre urbain et un pôle d’attraction local avec un impact significatif sur le dynamisme de ce quartier en plein développement.
Startup Boost Capital, une initiative de financement de projets startups ivoiriennes
26-01-2023 | 13:57:00
Le Ministre Mamadou Touré lance officiellement l’initiative "startup boost capital" dotée de 1 milliard de FCFA.
AGF partners with crowdfunding platform to increase impact investing for SMEs in Africa
26-01-2023 | 13:46:38
African Guarantee Fund (AGF) has partnered with Frankfurt-based bettervest, a crowdfunding platform, to increase financing of sustainable SME projects in Africa.
BPR Bank Rwanda PLC appointed Ms. Mutesi Patience as the new Managing Director
26-01-2023 | 12:03:00
Patience Mutesi will be the new Managing Director of BPR Bank Rwanda, a subsidiary of KCB Group, replacing George Odhiambo, who was assigned new duties in KCB Group.
Africa Plus Partners lists carbon mitigation fund on Nigerian Exchange
25-01-2023 | 13:14:47
In another significant move towards championing sustainable investing in Africa, Nigerian Exchange Limited (NGX) has announced the listing of Africa Infra Plus Fund (AIPF I), a 20.5bn closed-end infrastructure fund, on the Exchange commemorated with a Closing Gong Ceremony.
Dekel Agri-Vision pour la production de noix de cajou en Côte d’Ivoire
25-01-2023 | 12:58:00
En Côte d’Ivoire, l’entreprise agro-industrielle Dekel Agri-Vision prévoit de lancer une usine de transformation de noix de cajou cette année.
Criterion Africa Partners completes investment form Ghana
25-01-2023 | 12:31:00
Criterion Africa Partners has completed an investment of up to $17.1 million in Form Ghana, one of the largest reforestation companies in Africa.
EU greenlight to a €50m guarantee to support GreenCo’s expansion within SADC
25-01-2023 | 12:04:00
European Fund for Sustainable Development plus (EFSD+) has given the green light to a €50m guarantee to support GreenCo’s expansion within the Southern African Development Community, including Zambia, Namibia, Zimbabwe and South Africa.
BGFIBank et Afriland First Group SA signent en coopération interbancaire
25-01-2023 | 11:39:02
Cet accord entre BGFIBank et Afriland First Group résulte de l’identification, par les deux sociétés faîtières, d’opportunités en matière de co-financement de projets, de commerce international et de recherche partagée.
GITEX to launch Africa edition in 2023
25-01-2023 | 11:25:24
GITEX Africa is launched in partnership with the Digital Development Agency, a public agency leading the Moroccan government’s digital transformation agenda under the authority of the Moroccan Ministry of Digital Transition and Administration Reform.
Nigeria, Egypt and Kenya to be among the top 10 countries to benefit from adaptation investment, study
25-01-2023 | 10:42:00
Failure to invest the bare minimum needed to withstand projected climate damage could cost emerging markets hundreds of billions in climate damages and lost GDP growth this decade, according to a new study by Standard Chartered.
[Rapport Partech Africa 2022] : Ecosystème tech africain continue de se développer avec $6,5 milliards en 2022
25-01-2023 | 09:09:00
Dans un contexte de recul drastique du financement par capital-risque à l’échelle mondiale, l’écosystème tech africain se distingue avec une croissance de + 8 % par rapport à 2021.
The forces driving growth of the African Tech ecosystem have prevailed against the headwinds-Partech Report
25-01-2023 | 08:47:31
Funding for the African Tech ecosystem sector grew +8% to US$6.5B, through 764 rounds, with debt funding doubling in the year (+102% to US$1.5B in 71 rounds) to compensate for a slight decline in equity rounds (-6% to US$4.9B in 693 rounds).
Sanlam Private Equity to acquire SkipWaste
23-01-2023 | 11:58:11
Sanlam Private Equity has announced the acquisition of controlling interest in integrated waste management company, SkipWaste.
Africa50 et Tassec Investment Holdings Africa pour le dévelopment de la Scanning Systems
23-01-2023 | 11:44:00
Africa50 investit dans Scanning Systems pour construire des postes de contrôle juxtaposés afin de stimuler le commerce régional et la ZLECA.
Jean-Charles Yallet, nouveau Directeur Régional de Mastercard en Afrique Francophone
23-01-2023 | 10:21:00
Jean-Charles Yallet, une nomination qui participe au renforcement de l’engagement de Mastercard dans les marchés clés.
Samata Capital, Future Africa et al. to invest in Uncover Skin Care
19-01-2023 | 11:52:00
Advancing Women in Investing (AWI) is excited to be part of the $1 million seed round for Uncover alongside FirstCheck Africa, Future Africa, and IgniteXL as well as angel investors ex-SokoWatch COO Kwenhui Tawah and WPP Scangroup CEO Patricia Ithau.
FMO provides funding for motorcycle financing in Kenya and Uganda
19-01-2023 | 11:19:10
Dutch development finance institution MO has provided a $15 million and $5 million senior term loan to Wat Credit Kenya and Wat Credit Uganda, respectively.
Aruwa makes follow-on investment in AgroEknor
19-01-2023 | 10:49:00
Aruwa Capital Management to announce a follow-on investment into AgroEknor International, a fast-growing hibiscus flower exporter and wellness brand.
Vantage Capital n’est plus actionnaire de la Pétro Ivoire
18-01-2023 | 14:05:00
Quatre ans après son entrée au capital de Petro Ivoire, le gestionnaire de fonds mezzanine Vantage s’en va, cédant ses actions dans cette entreprise qui aura été son tout premier investissement en Afrique francophone.
JDE selects Orange Business Services for future-proof and scalable connectivity infrastructure
18-01-2023 | 13:20:54
JDE selects Orange Business Services for future-proof and scalable connectivity infrastructure to support global business expansion.
Swedfund invests in entrepreneurs and businesses in South Sudan
16-01-2023 | 11:43:00
Swedfund invests an additional USD 4 million in loan financing in Kinyeti Venture Capital (Kinyeti), alongside the Norwegian Development finance institution Norfund.
Access Bank Nigeria abandons plans to acquire Sidian Bank in Kenya
16-01-2023 | 10:29:00
Access Holdings had earlier announced that its flagship subsidiary, Access Bank Nigeria, had entered into a binding agreement with Kenyan-based Centum Investment, for the acquisition of the entire 83.4% shareholding held by Centum in Sidian Bank.
USAID announces four new Public-Private Partnerships under the Digital Invest Program
12-01-2023 | 14:37:00
USAID Announces Four New Public-Private Partnerships Under the Digital Invest Program to Support Digital Finance and Internet Service Providers.
GuarantCo fournit à Orabank Côte d'Ivoire une garantie $15 millions pour investir dans les infrastructures.
12-01-2023 | 09:18:00
GuarantCo, qui fait partie du Groupe de PIDG, a fourni à Orabank Côte d'Ivoire une garantie de portefeuille de 10 milliards XOF (environ 15 millions USD) sur cinq ans pour permettre à la banque de développer son portefeuille lié aux infrastructures dans la région.
Oikocredit soutient les petits producteurs de cacao en Côte d'Ivoire
11-01-2023 | 09:23:00
Principale culture agricole et produit d'exportation, le cacao fait vivre environ 1,5 million de ménages sur les plus de 28 millions d'habitants que compte le pays raison par laquelle Oikocredit travaille avec des coopératives de producteurs de cacao, des PME et des institutions de microfinance (IMF) actives dans le secteur du cacao ivoirien.
[South Africa]: Ukheshe secures funding for its international expansion
09-01-2023 | 11:15:00
FinTech enabler Ukheshe International attracts investment from DPI and Fireball Capital to fuel international expansion.
La BDEAC approuve de nouveaux financements en faveur du secteur privé
05-01-2023 | 10:30:00
En cohérence avec les ambitions affichées dans ce nouveau Plan Stratégique, le Conseil d’Administration a également examiné et adopté le projet de budget au titre de l’exercice 2023.
TDB Group extends usd100 million financing to the export trading group to support farmers in Africa
22-12-2022 | 10:46:00
The Eastern and Southern African Trade and Development Bank (TDB) has extended a USD 100 million trade finance facility to Agri Commodities and Finance FZE-LLC (ACF), a subsidiary of the Export Trading Group (ETG), one of the largest agricultural supply chain operators in Africa.
La BDEAC présente l’opération aux investisseurs Camerounais
22-12-2022 | 10:15:00
Cette opération qui vise à lever FCFA 78 milliards s’inscrit dans le cadre du programme triennal d’Emprunt Obligataire de la BDEAC et a pour objectif la mobilisation des fonds qui serviront à financer des projets de développement dans des secteurs aussi variés que ceux du Transport, l’Energie, l’Industrie, l’Agro-industrie, le Tourisme, la Santé, l’Education, etc
Afreximbank launches TRADAR Club, a member-driven network to transform African trade and investments
22-12-2022 | 09:51:43
African Export-Import Bank (Afreximbank) on 15 December 2022 in Cairo operationally launched the Afreximbank TRADAR Club, a prestigious member-driven network aimed at empowering international businesses and executives to transform trade and investments in Africa through trusted trade intelligence and advisory services.
Fintech enabler Ukheshe International secured Series A funding from DPI and Fireball Capital
21-12-2022 | 13:57:12
FinTech enabler Ukheshe International attracts investment from DPI and Fireball Capital to fuel international expansion.
CMA licenses five entities to facilitate investor protection in Kenya
21-12-2022 | 13:55:00
The Capital Markets Authority (CMA), announced the issuance of licenses to four companies under the Capital Markets (Licensing Requirements) (General) Regulations 2002 and one under the Capital Markets Regulations, 2017.
DBSA & BOAD sign a partnership agreement to foster Inter-regional Cooperation
21-12-2022 | 11:09:12
The West African Development Bank (BOAD) and the Development Bank of Southern Africa (DBSA) signed a partnership agreement to foster inter-regional cooperation.
RSSB, Norfund and SOS Children’s Villages are investing in the Katapult Africa Accelerator Program
21-12-2022 | 10:37:00
Rwandan pension fund RSSB, Norfund and SOS Children’s Villages are investing in the Katapult Africa Accelerator Program. Nine agriculture and technology startups will receive funding to scale up new solutions that will both create jobs and increase food security.
[South Africa] Zeda lists on the JSE post Barloworld unbundling
20-12-2022 | 08:30:00
Integrated mobility solutions provider Zeda, listed its shares on the main board of the Johannesburg Stock Exchange (JSE), giving investors an opportunity to add to their portfolios a company at the forefront of mobility in Southern Africa.
Ventures Platform closed its Pan-African Fund above its initial target at $46M
19-12-2022 | 10:55:16
Ventures Platform, the pan-African VC firm championing the next generation of African technology entrepreneurs, has today announced the final close of its early-stage and intercontinental fund, at $46M.
Kereis et Sopra Steria accompagnent la fintech Particeep dans une nouvelle étape de son développement
19-12-2022 | 09:16:00
Kereis prend une participation majoritaire dans Particeep, Fintech et Assurtech créée en 2013 qui propose aux banques, aux assureurs et aux courtiers en assurance des solutions digitales clés en main pour distribuer en ligne des produits financiers, d’assurance et d’épargne.
Tullow signe un contrat de partage de production pour une nouvelle licence d'exploration offshore en Côte d'Ivoire
15-12-2022 | 12:18:00
Tullow Oil plc (Tullow) a annoncé la signature d'un contrat de partage de production (CPP) pour le permis d'exploration offshore CI-803 en Côte d'Ivoire.
IFC, Nimble Group, and South African Lenders launch facility to help resolve distressed assets
15-12-2022 | 11:20:00
To support businesses in debt and lenders that are managing non-performing loan (NPL) portfolios, IFC, asset manager Nimble Group, and South African financial partners launched a facility that will invest in distressed assets in six countries in sub-Saharan Africa, including South Africa.
IFC invests in Growthpoint Properties’ green bond
15-12-2022 | 11:07:00
IFC Partners with Growthpoint Properties Ltd. to support green buildings in South Africa.
Approximately USD 700 million in TDB-financed projects and transactions to date in Rwanda
15-12-2022 | 10:50:41
To date, approximately USD 700 million dollars of financing has been extended by TDB in Rwanda across several sectors including transport, namely road and aviation financing, lending to financial institutions for infrastructure, healthcare and SME projects among others, and lending for electricity generation projects.
PETRO IVOIRE SA lance un emprunt obligataire d’un montant de 30 milliards de FCFA
14-12-2022 | 10:36:00
Afin de renforcer ses projets de développement, PETRO IVOIRE SA lance un emprunt obligataire d’un montant de 30 milliards de FCFA par appel public à l’épargne dénommé APE PISA 2022 – 2029.
British International Investment and African Guarantee Fund sign $75 million programme to fund African SMEs
12-12-2022 | 15:43:00
The eight-year partnership aims to unlock up to $150 million in lending to SMEs and is expected to facilitate up to 17,300 loans to Small and Medium Enterprises (SMEs) across Africa
AFC diversifie son actionnariat avec des participations de la Côte d'Ivoire, de l'île Maurice et d'AfricaRe
12-12-2022 | 15:32:00
Africa Finance Corporation (AFC) a annoncé une augmentation de son capital social suite à une injection de capitaux combinée de 38 millions de dollars américains de la part du gouvernement de la Côte d'Ivoire, par l'intermédiaire du ministère de l'Économie et des Finances, du gouvernement de Maurice, via le National Pension Fund (NPF) et le National Savings Fund (NSF), et de la Société Africaine de réassurance (AfricaRe).
African exchanges link AELP demonstrates share trades
12-12-2022 | 15:08:59
The cross-border trading platform linking seven of Africa’s leading securities exchanges was launched yesterday 7 December in Abidjan. The link gives access to over 1,000 of Africa’s biggest and most promising companies, companies with nearly $1.4 trillion of market capitalization (total value of equities listed).
AELP E-Platform linking seven African capital markets with $1.5 trillion market capitalization
12-12-2022 | 09:48:11
African Securities Exchange Association (ASEA), African Development Bank launch AELP E-Platform linking seven African capital markets with $1.5 trillion market capitalization.
[Nigeria Business Week] Andrea Ayemoba: Investments take priority over all
09-12-2022 | 12:41:37
With global inflation spiraling out of control, every country is working harder than ever to welcome new enterprise and business. Nigeria made great progress in this in recent months.
Growing Crypto Market in South Africa - What Cryptocurrency is best to invest in?
08-12-2022 | 12:00:00
Undoubtedly, trading crypto has become one of the primary sources of income for many people. In South Africa, a few people trade crypto full-time, while most treat it as a side hustle.
Secteur privé pourrait permettre de stimuler la croissance et créer plus d’emplois au Cameroun,Banque Mondiale
08-12-2022 | 11:21:00
Selon un nouveau rapport publié par la Banque mondiale, le Cameroun pourrait créer de nouvelles sources de croissance économique et stimuler son développement en renforçant la participation du secteur privé dans son économie.
BDEAC lance une opération de mobilisation de ressources sur le marché financier régional de FCFA 78 milliards
08-12-2022 | 08:55:00
Cette nouvelle opération, dénommée « BDEAC 6% Net 2022-2029 », se caractérise par un taux d’intérêt de 6% et une maturité de 7 ans arrivant à échéance en 2029.
MCB Capital Markets et Société Générale Côte d'Ivoire pour l'acquisition de JA Delmas en Afrique de l'Ouest
07-12-2022 | 13:32:00
MCB Capital Markets et Société Générale Côte d'Ivoire ont agi en tant que co-arrangeurs dans le cadre du financement par emprunt de 135 millions d'euros pour l'acquisition de JA Delmas, concessionnaire Caterpillar en Afrique de l'Ouest
Access Bank to acquire the majority shares in FINBANCO Angola
07-12-2022 | 11:14:13
Access Bank Pic to acquire a 51% majority shareholding in Finibanco Angola S.A , well-capitalised full-service commercial bank with over 20 branches and around US$300 million in total assets that has operated in Angola since 2008.
Le 133ème Conseil d’Administration de la BOAD autorise de nouveaux engagements pour 109,5 milliards FCFA
07-12-2022 | 08:45:00
Après avoir approuvé le procès-verbal de la 132ème réunion, le Conseil a approuvé les perspectives financières actualisées et le projet de budget programme établis pour le quinquennat 2023-2027 de la Banque.
$6 million to strengthen public finance governance in African countries
01-12-2022 | 08:56:00
The Board of Directors of the African Development Fund has approved a grant of $6.12 million to help strengthen public finance governance in low-income African countries.
IHS Holding Limited completed $600 million three-year bullet-term loan
30-11-2022 | 13:35:00
RMB acted as Mandated Lead Arranger & Bookrunner for IHS Holding Limited’s $600 million syndicated term loan facility.
Proparco has made USD 10m arrangement subscription to a green bond
30-11-2022 | 11:19:00
Proparco has just made a USD 10m subscription to a green bond arranged by Symbiotics Investments; the proceeds from the bond will be on lent to GreenLight Planet, one of the leading Solar-Home System actors in Sub Saharan Africa, to support its activity in providing access to energy for off-grid customers in underserved African markets.
Nigeria and Ghana conclude first successful transaction through the Pan-African Payment and Settlement System
28-11-2022 | 08:54:58
PAPSS allows African importers to make real-time payments to suppliers, by eliminating the need to convert the amount to be transferred to their counterparts in a third (hard) currency first, such as US dollars or Euros.
UBA’s Gross earnings hit $1.4bn with 12.3% growth in profit
24-11-2022 | 10:04:34
In its financial report filed with the Nigerian Stock Exchange (NSE), UBA reported a 12.3% rise in Profit Before Tax to close at $318.4 million compared to $283.7million recorded at the end of the third quarter of 2021, while Profit After Tax also rose significantly by 10.9% to $266.6 million up from $240.4 million recorded a year earlier, thus sustaining its annualised return on average equity for Q3 2022 at 19.2%.
Lancement du plateforme AELP Link dans le cadre du projet d'intégration des marchés de capitaux africains
23-11-2022 | 13:00:00
L'AELP a lancé la plateforme AELP Link dans le cadre du projet d’'intégration des marchés de capitaux africains qui vise à faciliter les transactions transfrontalières et la libre circulation des capitaux sur le continent africain.
Ethos Private Equity asset management firm in Africa to be acquired by The Rohatyn Group
22-11-2022 | 10:33:00
Ethos Private Equity a leading alternative asset management firm in Africa announces that it has entered into a definitive agreement to be acquired by The Rohatyn Group.
Afreximbank outlines US$3 billion country programme for Kenya
22-11-2022 | 09:57:00
Kenya is set to benefit from a US$3 billion Country Programme from African Export-Import Bank (Afreximbank). This was announced during a meeting between Kenya’s President, His Excellency Dr William Ruto, and Professor Benedict Okey Oramah, President and Chairman of the Board of Directors of Afreximbank.
African Exchanges Linkage Project goes live on cross-border trading
18-11-2022 | 14:16:00
The African Exchanges Linkage Project (AELP), has gone live on integrating the African capital markets by facilitating cross-border trading and free movement of investments in the continent through the AELP Link platform.