30-10-2014 22:52:00 | by: Administrator | hits: 14834147 | Tags:

IFC and West African Stock Exchange partner to strengthen corporate governance
11-01-2019 | 11:36:25
IFC and West Africa Regional Stock Exchange have signed an agreement to cooperate toward improving corporate governance practices of listed companies.
[South Africa] JSE’s proposed new debt listing requirements to be interrogated
10-01-2019 | 11:53:36
Investors, issuers, certain representative bodies and debt sponsors have had their say in response to the Johannesburg Stock Exchange’s proposed new debt listing requirements.
December survey completes strong year of growth for Kenya, Stanbic Bank report
10-01-2019 | 09:22:00
Kenyan private sector businesses enjoyed a solid improvement in operating conditions during the month of December, 2018.
[South Africa] Fairfax Africa completes investment in Consolidated Infrastructure Group
07-01-2019 | 09:11:00
Fairfax Africa Holdings Corporation has acquired 178,995,353 ordinary shares of Consolidated Infrastructure Group Limited at a price of ZAR4.00 per share.
Nigerian Stock Exchange launches X-Bot to enhance market participation
03-01-2019 | 07:19:00
The Nigerian Stock Exchange, NSE, has launched X-Bot, an artificial intelligence (AI)-powered Chatbot that responds directly and automatically to enquiries through Facebook Messenger.
Mastercard SpendingPulse: South African consumer spending shows moderate uptick ahead of the festive season
20-12-2018 | 06:08:57
Consumers are ringing in the holiday season with a solid start to retail sales, according to Mastercard SpendingPulse™, which looks at overall retail spending trends across all payment types.
BTC Credit raises $1million investment within days of private sale launch
13-12-2018 | 13:21:01
BTCCredit is set to disrupt the billion dollar lending industry with its innovative platform that aims to make peer-to-peer (P2P) crypto lending mainstream.
[South Africa] Actis sells Compuscan to Experian for $36 million
12-12-2018 | 13:16:48
Actis, a growth markets investor, has announced their agreement to the sale of Compuscan, a provider of credit information and analytics services, to Experian.
Kenyan private sector completes one year of growth, Stanbic Bank report
11-12-2018 | 09:32:00
According to a report released by Stanbic Kenya PMI, operating conditions in Kenya’s private sector economy improved solidly in November, although the rates of growth in output and new orders were marginally below those seen in October.
[Cameroon] Africa50 acquires 15 per cent of equity in Nachtigal Hydropower Plant
05-12-2018 | 06:35:30
Africa50, the pan-African infrastructure investment platform, has acquired 15 per cent of the equity stake in the Nachtigal Hydro Power Company.
The World Federation of Exchanges and African Securities Exchanges Association sign deal to improve continent’s capital market
03-12-2018 | 12:42:28
The World Federation of Exchanges, WFE, the global industry group for exchanges and CCPs, has signed a memorandum of understanding (MOU) with the African Securities Exchanges Association, ASEA.
African Gold Group announces $1 million private placement to develop Mali project
23-11-2018 | 13:10:00
Exploration and development company African Gold Group intends to complete a best efforts non-brokered private placement financing of up to 20,000,000 units.
[Ghana] Asante Gold seeks buyout for Kubi project
08-10-2018 | 07:44:10
Asante Gold has announced that in addition to its previous disclosure re sourcing a 50:50 joint venture partner for the exploration and development of the Kubi Gold project in Ghana, that the company will now consider cash bids for a 100% buy-out.
Africa Logistics Properties unveils new grade –A warehouse in Nairobi
26-09-2018 | 06:05:00
Integrated property investment company, Africa Logistics Properties has opened its first 49,000 sqm of modern grade –A warehouse at ALP North Industrial Park.
[South Africa] Vivo Energy set to list on JSE All Share Index
14-09-2018 | 06:36:00
Vivo Energy plc, a pan-African retailer and marketer of Shell-branded fuels and lubricants, has announced that Vivo Energy will be included as a constituent of the FTSE 250 Index and the JSE All Share Index later this month.
[South Africa] Raven Property Group lists on the JSE
13-09-2018 | 06:58:00
Raven Property Group Limited has listed on the Johannesburg Stock Exchange (JSE) Main Board.
[South Africa] ​​​​​​Pink Tax causes financial pain
30-08-2018 | 09:50:00
Basic toiletries, grooming products, medical screenings and haircuts are some of the items that see women spending hundreds to thousands of rands more than their male counterparts.
[South Africa] JSE launches online trading unit for government bonds
30-08-2018 | 07:50:00
The JSE,National Treasury (NT) and a multi-stakeholder group ave officially launched the electronic trading platform (ETP) for government bonds.
BanQu partners with ABInBev to streamline supply chain in Zambia
29-08-2018 | 10:18:29
Software technology company BanQu has developed the first-ever, blockchain economic-identity technology solution that enables a secure, immutable platform and creates economic opportunities for small-scale farmers in Africa.
[South Africa] Absa CIB advises YeboYethu on Vodacom BEE deal
24-08-2018 | 12:59:00
Absa Corporate and Investment Banking (CIB) has been part of the recently announced Vodacom YeboYethu BEE deal in which it acted as the sole financial advisor.
AIIM acquires nine solar and wind power plants in South Africa
23-08-2018 | 06:10:53
African Infrastructure Investment Managers (AIIM), one of Africa’s largest infrastructure-focused private equity fund managers, has acquired through its IDEAS Managed Fund - stakes in nine new solar and wind power plants in South Africa.
[Tanzania] Swala Oil to list at the Stock Exchange of Mauritius
21-08-2018 | 13:45:00
The Stock Exchange of Mauritius has approved the listing of Swala Oil & Gas from Tanzania which will now see the listing of the company’s $50 million corporate bonds.
CMA recognized for contribution to capital markets stability in Africa
21-08-2018 | 07:11:52
Kenya’s Capital Markets Authority (CMA) has been recognized for its ’Outstanding Contribution to Capital Markets Stability Africa 2018’ for its ongoing initiatives to support and facilitate capital markets stability on the continent.
MafAfrique targets SADC region with Zimbabwe office
08-08-2018 | 13:02:16
Advisory and fund management group, MafAfrique is set to open a new regional presence in Zimbabwe, located at the heart of Southern Africa Development Community.
Nigerian Stock Exchange launches X-Pay, promotes cashless economy
07-08-2018 | 13:24:07
The Nigerian Stock Exchange has launched X-Pay, the e-payment platform for the Exchange that will enable users to conveniently make payments for products, services, events and trainings offered by the bourse.
[Nigeria] DMO lists $30 million sovereign green bond on NSE
26-07-2018 | 10:50:00
The Nigerian Stock Exchange (NSE) has announced the listing of the N10.69billion, approximately $30 million, 5-year, Federal Government Sovereign Green Bond at coupon rate of 13.48% on the Exchange by Debt Management Office, DMO.
IFC, Moroccan Capital Markets Authority promote green bonds
11-07-2018 | 06:35:00
IFC, a member of the World Bank Group, and AMMC, the Moroccan capital markets authority have announced a comprehensive set of guidelines for new financial instruments to address climate change.
Tanzania Minerals closes private placement offering
10-07-2018 | 13:13:03
Tanzania Minerals Corp. has announced the closing of a private placement offering of $629,993.88 of gross proceeds based on the issuance of 6,999,932 units at a price of $0.09 per unit.
[Mauritius] Vantage Capital provides $10m property development funding
09-07-2018 | 09:08:00
Vantage Capital announces today that it has provided $10 million of mezzanine funding to Cap Tamarin, a mixed-used, residentially-focused village located on the sought-after west coast of Mauritius in a seaside village called Tamarin.
[Kenya] Capital markets players to bolster product uptake at NSE
06-07-2018 | 06:37:00
The Capital Markets Industry has agreed to work together in a joint strategy to enhance product uptake and listings at the Nairobi Securities Exchange.
[Nigeria] Dangote Cement announces commercial paper programme
04-07-2018 | 07:48:41
Dangote Cement PLC, Africa’s largest cement producer, has announced the issuance of 50 billion Series 1 and 2 Notes under its 150 billion Commercial Paper Programme.
[South Africa] Quilter plc lists on Johannesburg Stock Exchange
26-06-2018 | 13:20:15
Quilter plc, previously a subsidiary of Old Mutual plc, has listed independently on the Johannesburg Stock Exchange (JSE) Main Board.
[Kenya] Taaleri increases funding to Cytonn Investment by $21 million
26-06-2018 | 11:59:00
Cytonn Investments, an alternative investment management firm in the East African Region, has secured an additional Sh2.1 billion in funding from their institutional partners, Taaleri of Finland.
[Ghana] Williamsville Sears set to acquire Royal Systems
26-06-2018 | 09:41:00
Williamsville Sears Management Inc. has entered into the definitive agreement of the previously announced acquisition of Royal Systems & Services Limited in Ghana.
[South Africa] Grindrod Shipping lists on the JSE
22-06-2018 | 06:52:12
Grindrod Shipping Holdings Limited has listed on the Main Board of the Johannesburg Stock Exchange.
[South Africa] Exemplar REITail makes its debut on the JSE
13-06-2018 | 13:33:55
Exemplar REITail Limited has listed on the Main Board of the Johannesburg Stock Exhange (JSE), joining a diverse group of real estate companies represented on the bourse.
Fairfax Africa announces a $150 million bought deal financing
08-06-2018 | 07:12:26
Fairfax Africa has entered into an agreement with a syndicate of underwriters under which the underwriters have agreed to buy, on a bought deal basis, 12,300,000 subordinate voting shares.
[Ghana] Asante Gold and Perseus Mining modify terms of sale agreement
06-06-2018 | 10:47:00
Asante Gold Corporation and Perseus Mining Ghana have agreed to modify the terms of their Betanase Option and Sale Agreement.
[South Africa] JSE welcomes relisting of Distell on main board
04-06-2018 | 06:27:00
The Johannesburg Stock Exchange has celebrated the relisting of Distell Group Holdings the Main Board.
[Ghana] Williamsville set to acquire True Life Capital Microfinance
01-06-2018 | 08:15:00
Diversified holding corporation Williamsville Sears Management Inc has signed a Letter of Intent for the acquisition of True Life Capital Microfinance Limited, a Ghana-based microfinance firm.
[South Africa] Mettle Investments joins Johannesburg Stock Exchange JSE AltX board
28-05-2018 | 07:57:00
Mettle Investments, which forms part of JSE's listed Tradehold, has listed in the Speciality Finance sector of the JSE's AltX board.
American firm, TPG Growth, invests $47.5m to acquire Kenya's Cellulant
15-05-2018 | 08:51:00
The Rise Fund, a global impact investing fund managed by growth equity platform TPG Growth, today announced that it has signed an agreement to acquire a stake in Cellulant, a digital payments provider that reaches 40 million people across 11 African countries.
[South Africa] Libstar Holdings Limited lists on the Johannesburg Stock Exchange
11-05-2018 | 11:02:00
Libstar Holdings Limited, a supplier of high-quality products in the consumer packaged goods industry, has listed in the "Food Products" sector of the JSE's main board.
Climate change propels growth in green bonds
11-05-2018 | 06:29:27
Although the green bond market is still in its infancy, accounting for less than 0.5% of the global bond market according to Moody’s, it is experiencing strong growth and increased popularity.
[South Africa] Warwick acquires Cadiz to grow asset base by over $2 billion
04-05-2018 | 06:37:00
Johannesburg Stock Exchange-listed Stellar Capital Partners and Warwick have announced the sale of the asset management business of Cadiz.
Africa Energy approved for listing on NASDAQ first North Stockholm
02-05-2018 | 06:59:16
Oil and gas company Africa Energy Corp has announced that Nasdaq has approved the Company’s application for a secondary listing of its common shares on Nasdaq First North Stockholm.
Growthpoint becomes first South African corporate to list on the green bond segment of the Johannesburg Stock Exchange
30-04-2018 | 12:34:00
Growthpoint Properties has listed on the Green Bond Segment of the Johannesburg Stock Exchange becoming the first corporate in South Africa to list in that segment.
[South Africa] Hosken Passenger Logistics and Rail Limited lists on the Johannesburg Stock Exchange
26-04-2018 | 10:34:00
Hosken Passenger Logistics and Rail Limited has listed in the "Travel and Leisure" sector of the JSE's main board. Hosken Passenger Logistics and Rail Limited is the 2nd company to list on the JSE this year.
Fairfax Africa invests in convertible bonds of Atlas Mara, provides financing to Philafrica Foods
24-04-2018 | 13:44:27
Investment holding company Fairfax Africa Holdings Corporation has invested in secured convertible bonds issued by Atlas Mara Limited and has separately agreed to provide bridge financing to Philafrica Foods Proprietary Limited.
Nigerian Stock Exchange to migrate Access Bank, Lafarge, Seplat and UBA to Premium Board
16-04-2018 | 11:12:00
The Nigerian Stock Exchange is set to migrate Access Bank Plc, Lafarge Africa Plc, Seplat Petroleum Development Company Plc and United Bank for Africa Plc to its Premium Board, 2018 sequel to them applying and meeting the Exchange’s listing requirements for the board.
Debt Management Office lists $278 million sukuk bonds at the Nigerian Stock Exchange
12-04-2018 | 10:48:00
Nigeria’s Debt Management Office has listed N100billion, $278 million, 7-year, Federal Government Ijarah Sukuk with a rental rate of 16.47% on the floor of the Nigerian Stock Exchange.
[South Africa] Satrix NASDAQ 100 ETF lists on the Johannesburg Stock Exchange
12-04-2018 | 08:36:23
The Satrix Nasdaq 100 Exchange Traded Fund (ETF) listed on the Johannesburg Stock Exchange (JSE) bringing the number of ETFs listed on the exchange in 2018 to ten.
Alta Semper invests $18 million in Health Plus, West Africa’s retail pharmacy chain
10-04-2018 | 10:56:00
Alta Semper, a private equity manager investing flexible and strategic capital across select African growth markets, has announced a partnership with Nigeria’s leading retail pharmacy chain HealthPlus.
Legal opinions in debt finance deals are a potentially powerful business tool, Bowmans
04-04-2018 | 09:08:48
In debt finance transactions, the issuance of legal opinions is sometimes perceived as a perfunctory, final step in the closing process.
Rwanda Stock Exchange launches SMEs securities platform
04-04-2018 | 08:48:53
For the growth of the country’s economy to sustain and keep increasing, it will require efficiency and growth of financial institutions and deepening of capital market, the minister of Finance and Economic Planning has said.
[Column] Bob Koigi: Sacrificing investments at the altar of consumerism
29-03-2018 | 08:28:00
Sub Saharan Africa is experiencing an unprecedented surge in demand for luxury products and services. This is particularly being driven by a booming middle class.
Arbitrade buys four gold casts of Nelson Mandela’s hands for $10 million in bitcoin
28-03-2018 | 11:08:42
Canadian crypto-currency exchange firm Arbitrade bought four casts from South African businessman Malcolm Duncan.
[Kenya] Sidian Bank’s shareholders approve raising $15 million in additional share capital to fund growth
27-03-2018 | 05:56:52
Sidian Bank’s shareholders have approved the raising of additional share capital of, $15 million, Ksh. 1.5 billion via a rights issue.
[South Africa] Ashburton lists world government bond Exchange Traded Fund on the Johannesburg Stock Exchange
22-03-2018 | 10:34:00
The Ashburton World Government Bond Exchange Traded Fund (ETF) has listed on the Johannesburg Stock Exchange (JSE), becoming the exchange's first global bond ETF.
Currency floatation to boost Morocco’s real estate market, JLL report
21-03-2018 | 11:27:14
Earlier this year, the Moroccan Central Bank introduced the gradual floatation of the Moroccan Dirham, providing more flexibility to real estate investors and paving the way for a more buoyant real estate market in the year ahead.
HashChain Technology votes to promote dash cryptocurrency awareness initiatives in Africa
20-03-2018 | 08:34:00
HashChain Technology Inc.has announced their vote to approve Dash proposals designed to help establish the cryptocurrency's presence and build awareness in Africa, Brazil and Venezuela.
I&M Burbidge Capital advises DFCU Bank on the sale of Crane Bank Rwanda
16-03-2018 | 06:11:55
Corporate finance advisory firm I&M Burbidge Capital has advised DFCU Bank in the sale of its majority stake in Crane Bank Rwanda.
Africa Oil buys 25.2 per cent equity interest in Impact Oil and Gas Limited
14-03-2018 | 10:22:00
Canadian oil and gas company Africa Oil Corp has completed the previously announced investment in Impact Oil and Gas Limited, a private UK company with exploration assets in South and West Africa.
[Egypt] IFC supports Dakahliya Businessmen Association for Community Development to boost lending to low income borrowers
13-03-2018 | 12:35:36
IFC, a member of the World Bank Group, is providing advisory services to a leading microfinance institution in Egypt, to ramp up its lending to vulnerable and low-income citizens.
Saham Group now a pan African investment fund, sells insurance business to Sanlam
13-03-2018 | 10:03:00
Sanlam, SAHAM’s partner since February 2016, will increase its stake in the capital of SAHAM Group’s insurance subsidiary, from 46.6 per cent to 100 per cent, according to the terms of an agreement recently reached.
[South Africa] STANLIB Index Investments lists global fund range on the Johannesburg Stock Exchange
13-03-2018 | 07:37:07
STANLIB Index Investments has listed its S&P500 Index Feeder ETF and S&P500 Info Tech Index Feeder ETF on the Johannesburg Stock Exchange, further broadening the exchange's offering of global ETFs.
Ghana becomes sovereign shareholder in Africa Finance Corporation with $10 million initial equity investment
09-03-2018 | 08:49:33
The Republic of Ghana has marked its 7th anniversary as a Member State of Africa Finance Corporation by becoming a sovereign shareholder in the Corporation, making an initial equity investment of $10 million.
African capital markets indicate recovery in 2017 with overall increase in value and volume of transactions, PWC
06-03-2018 | 12:33:00
Overall, African equity capital market transaction volume and value improved in 2017 over 2016. In terms of value, 2017 saw the largest initial public offerings over the trailing five-year period.
[South Africa] CoreShares lists Global Dividend ETF on the Johannesburg Stock Exchange
01-03-2018 | 08:34:00
The CoreShares S&P Global Dividend Aristocrats Exchanged Traded Fund (ETF) has listed on the Johannesburg Stock Exchange (JSE), broadening the exchange's offering of innovative ETFs which.
Digital credit scoring paves way for affordable microloans in East Africa
28-02-2018 | 06:37:08
More than 2.5 billion people around the world – many of them in Africa – lack formal identification that enables them to access to financial and government services, according to the United Nations and the ID2020 project.
South Africans are the best sales people in the world, Pipedrive report
16-02-2018 | 06:12:00
Global sales CRM platform, Pipedrive, has published its annual 'Global Sales Review 2017' report analyzing tens of thousands of sales teams worldwide.
[Kenya] Private sector output growth accelerates to fastest in two years, Stanbic Bank Purchasing Managers' Index
15-02-2018 | 06:37:16
Operating conditions across the Kenyan private sector improved at a solid rate according to January survey data
Guinness Nigeria records $67 million in profit for the first half of the 2018 financial year
31-01-2018 | 13:36:00
Guinness Nigeria has announced its half year results for the period ended 31st December 2017.
Angola Investment Fund mulls performance-based forgivable loans for entrepreneurs and small businesses
31-01-2018 | 06:32:00
The Angola Investment Fund (AIF) Board of Directors are investigating similar programs that could offer entrepreneurs and small business in Angola a performance-based forgivable loan options when they are looking to grow.
[South Africa] Centbee, bitcoin wallet and merchant payment ecosystem, attracts funding from nChain
30-01-2018 | 06:32:00
nChain Group, the leading blockchain research and development firm, has taken an equity stake in Centbee, a Bitcoin wallet provider that makes it easy for global consumers to acquire, hold and spend Bitcoin with retailers and other merchants.
Global insurtech provider, Agile Financial Technologies, expands to Rwanda in partnership with Convergencium
23-01-2018 | 06:06:00
Convergencium, a systems integrator and consulting organization in Rwanda has partnered with Agile Financial Technologies, to implement Agile FT's products and services in Rwanda and subsequently in other Sub-Saharan Africa countries.
[Ghana] Kudobuzz acquires AdGeek, an Ad creation tool
22-01-2018 | 13:08:09
Ghanaian startup Kudobuzz has acquired AdGeek, an ad creation tool used by many online merchants for prospecting new customers and ad retargeting.
Analysts predict bullish future for Nigeria’s Real Estate Investment Trust market
19-01-2018 | 11:20:00
Despite its existence for more than ten years, the Nigerian REITs market is underdeveloped with only three established and with a combined market capitalization of $151 million, or 0.36 per cent of the local stock market.
TriLinc Global Impact Fund commits $22 million in impact investments to companies in Sub Saharan Africa, Southeast Asia
17-01-2018 | 06:49:56
TriLinc Global Impact Fund has approved $22.7 million in term loan and trade finance transactions with companies operating in Sub-Saharan Africa, Latin America, and Southeast Asia.
[Kenya] Securities lending and borrowing expected to enhance liquidity in capital markets
16-01-2018 | 13:02:39
The Capital Markets Authority (CMA) has lauded the Cabinet Secretary to the National Treasury for the gazettment of the Capital Markets, Securities Lending, Borrowing and Short-Selling, Regulations 2017,
[South Africa] Sygnia launches stabilized growth fund to institutional investors
15-01-2018 | 08:50:00
South Africa based fintech company Sygnia has launched the Sygnia Stabilized Growth Fund to the institutional market, a brand new concept in managing retirement fund savings.
MarketBook expands in South Africa with new office in Johannesburg
12-01-2018 | 06:50:00
Sandhills South Africa is set to open an office location in Johannesburg. The company distributes MarketBook South Africa—a print publication and online marketplace.
Citi’s WorldLink Payment Services expands cross currency offering to Africa
10-01-2018 | 12:00:00
Citi’s Treasury and Trade Solutions (TTS) has expanded its WorldLink® Payment Services (WorldLink®) cross-border ACH capabilities to 60 countries including Africa.
Zloadr and Guardian Newspaper in deal to deliver crypto news to one million Nigerians
09-01-2018 | 13:06:49
In a move that will connect up to one million Nigerians with the latest crypto news and investment opportunities, Zloadr has officially signed a deal with a top Lagos newspaper.
[Egypt] Groupe SEB and Zahran family merge to reinforce local manufacturing business
09-01-2018 | 06:26:45
Groupe SEB has signed an agreement with the Zahran family to merge small electrical appliances and cookware businesses with a view to reinforcing its local manufacturing base in Egypt to serve the local and export markets.
[Interview] Peter Tole, Co-Founder and Director, Land LayBy Real Estate, Kenya
03-01-2018 | 08:49:00
The real estate firm, Land LayBy was founded by Dr. Peter Tole, a Kenyan medical doctor resident in Australia, in 2014. Land LayBy is a unique combination of assistance to Africans in diaspora and accelerating economic growth on the continent.
[South Africa] AYO Technology Solutions lists on Johannesburg Stock Exchange
27-12-2017 | 06:48:00
Ayo Technology Solutions has listed on Software and Computer Services sector of the Johannesburg Stock Exchange Main board. AYO Technology is the 21st company to list on the JSE this year.
African Development Bank to raise $8 billion from capital markets in 2018
22-12-2017 | 06:32:00
The Board of Directors of the African Development Bank has approved the Bank’s 2018 borrowing program for $8 billion to be raised from capital markets.
[South Africa] Castleview Property Fund becomes twentieth company to list on the Johannesburg stock exchange this year
21-12-2017 | 13:32:20
Castleview Property Fund has listed on "Retail REITs" sector of the JSE's AltX board. Castleview is the 20th company to list on the JSE this year.
[South Africa] Alphamin Resources Corp lists on the Johannesburg Stock Exchange ALTX Board
18-12-2017 | 12:17:00
Alphamin Resources Corp. has taken a secondary listing on the Non-ferrous Metals sector of the Johannesburg Stock Exchange AltX Board.
[South Africa] Sygnia Itrix 4th Industrial Revolution Global Equity ETF lists on the Johannesburg Stock Exchange
07-12-2017 | 06:34:00
The Sygnia Itrix 4th Industrial Revolution Global Equity ETF has listed on the main board of the JSE making it the fifteenth exchange traded fund (ETF) to list on the JSE this year.
Westbrooke now South Africa’s largest Section 12J manager
06-12-2017 | 09:56:00
Westbrooke Alternative Asset Management is now South Africa's largest Section 12J manager, looking after almost half of the capital invested in S12J funds in the country.
[South Africa] Masterpayment picked as cryptocurrency purchases partner for Bitstamp
01-12-2017 | 13:17:00
Net1 UEPS Technologies has announced that its wholly owned subsidiary, Masterpayment has been appointed as a new partner for credit card processing and acquiring for cryptocurrency purchases for Bitstamp.
[South Africa] Sandown Capital Limited lists on the JSE becoming eighteenth company this year
30-11-2017 | 07:17:50
Sandown Capital Limited has listed in the Equity Investment Instruments sector on the main board of the JSE becoming the 18th company to list on the JSE this year.
Nigeria to spend $9.5 billion in military expenditure by 2022 to tackle homegrown security threats
30-11-2017 | 07:08:00
Nigerian defense budget, valued at around US$1.5 Billion in 2017, registered a negative CAGR of over 10% during the historic period.
[Mauritius] Essar concludes sale of Aegis to Capital Square Partners for $300million
27-11-2017 | 13:16:00
AGC Holdings Limited (AGC) Mauritius, a wholly owned portfolio company of Essar Global Fund Limited (Essar Global), has concluded the sale of 100 per cent of its stake in ESM Holdings Limited, Mauritius
Liquid Telecom closes $180 million senior secured notes tap offering, attracting strong interest from leading international markets
17-11-2017 | 06:37:00
Liquid Telecommunications Financing PLC, part of the pan-African telecoms group Liquid Telecom, has successfully closed a $180 million tap offering of the Issuer’s $550 million 8½% Senior Secured Notes due 2022, at an issue price of 105.0 per cent.
[South Africa] Johannesburg Stock Exchange, FTSE Russell extend partnership to fixed income indices
14-11-2017 | 07:12:59
The Johannesburg Stock Exchange (JSE) and FTSE Russell will extend its existing equity index partnership to also provide a range of co-branded fixed income indices.
Afreximbank launches guarantee programme to leverage financing into Africa
07-11-2017 | 06:13:42
The African Export-Import Bank (Afreximbank) has launched a new guarantee programme aimed at unlocking capital and leveraging much-needed financing into Africa.
Investment funds already a reality in Angola
31-10-2017 | 06:50:41
Investment funds are already available for investment in Angola. They are an excellent savings alternative instrument for the national market.