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30-10-2014 22:52:00 | by: Administrator | hits: 19017636 | Tags:

[South Africa] JSE CEO co-chairs UN's initiative to drive financing for sustainable development goals
17-10-2019 | 11:27:00
JSE CEO, Dr Leila Fourie together with CEO of Allianz SE, Oliver Bäte co-chaired the UN's Global Investors for Sustainable Development Alliance (GISD) initiative at the UN headquarters in New York yesterday.
JGC, Fluor and TechnipFMC consortium awarded LNG plant project in Mozambique
17-10-2019 | 06:48:00
JGC announced that a consortium of JGC Corporation has been awarded the engineering, procurement and construction project by Area 4 operator Mozambique Rovuma Venture for its onshore LNG production.
[Senegal] VentureBuilder launches to support off-grid solar startups in Africa
16-10-2019 | 05:13:00
VentureBuilder, which is focused on scaling African-owned and managed off-grid solar enterprises, has officially been launched.
UK boosts trade and investment partnership with Ghana
15-10-2019 | 09:22:25
The UK International Development Minister visited Ghana to strengthen trade and investment ties ahead of the UK-Africa Investment Summit in 2020.
[Kenya] KCB maintains stellar performance in Top 1000 World Banks 2019 ranking
15-10-2019 | 08:18:23
KCB Group has been ranked at position 717 in The Banker’s Top 1000 World Banks ranking for 2019, climbing nearly 100 places up, on the back of steady growth and strong balance sheet credentials.
Nigerian Stock Exchange reviews rules on pricing methodology
15-10-2019 | 08:07:00
The Nigerian Stock Exchange has announced the amendment to the rules on Pricing Methodology; price movements of equity securities traded on The Exchange.
Africa Finance Corporation CEO appointed Vice Chairman, Aker Energy
15-10-2019 | 07:37:00
Aker Energy and Africa Finance Corporation (AFC) have announced the appointment of Mr. Samaila Zubairu as Vice Chairman of Aker Energy’s Board of Directors.
ADES, Vantage secures second deepwater drilling campaign in Egypt
15-10-2019 | 06:55:00
ADES International has entered into a second deepwater drilling campaign with a top tier international oil company for deepwater drilling services in the Egypt.
[Kenya] Boehringer Ingelheim rolls out training programme for local health innovators
10-10-2019 | 05:33:00
Pharmaceutical company Boehringer Ingelheim has collaborated with Kenyatta and Strathmore Universities to launch the Making More Health Venture4Change idea competition.
IFC partners with CardinalStone to support SMEs in Nigeria and Ghana
08-10-2019 | 06:35:00
IFC is investing $10 million in CardinalStone to expand access to finance for high-growth, underserved small and medium enterprises (SMEs) in Nigeria and Ghana.
[Kenya] KCB lists new shares on the Nairobi Securities Exchange in National Bank take-over
07-10-2019 | 11:12:43
KCB Group has listed an additional 142,979,717shares at the Nairobi Securities Exchange (NSE) following the successful acquisition of the National Bank of Kenya (NBK).
FAR obtains additional 10% interest in Gambian blocks
03-10-2019 | 06:42:53
Australia based FAR Limited has acquired an additional 10% interest in the highly prospective offshore Blocks A2 and A5 offshore The Republic of The Gambia, giving FAR a 50% working interest and the Company retains Operatorship.
[Tunisia] IFC Invests $1m into Flat6Labs’s Anava Seed Fund
03-10-2019 | 06:24:00
The International Finance Corporation (IFC) has announced that it is investing $1 million in Tunisia’s Anava Seed Fund (ASF) to boost the country's Startup Ecosystem.
[Mozambique] Total closes acquisition of Anadarko’s shareholding at $ 3.9 billion
01-10-2019 | 06:20:00
Total has announced the closing of the acquisition of Anadarko’s 26.5% operated interest in the Mozambique LNG project for a purchase price of $ 3.9 billion.
IFC, Financial Market Council begin consultations for the implementation of the guiding principles for green bonds in Tunisia
26-09-2019 | 11:14:00
IFC, a member of the World Bank Group, and the Financial Market Council today launched a series of consultations aimed at leading to the development of the guiding principles of the Tunisian green bond market, social and sustainable.
TriLinc Global Impact Fund invests $3 million in Sub Saharan Africa
16-09-2019 | 09:12:29
TriLinc Global Impact Fund has announced that it recently approved $3 million in a term loan transaction in Sub-Saharan Africa.
[Kenya] KCB gets regulatory nod to close NBK deal, appoints designate Managing Director
05-09-2019 | 10:26:00
KCB Group is set to take up control of the National Bank of Kenya (NBK) this week after it received necessary regulatory approvals to acquire the lender.
Tullow terminates its farm-down agreement with Total and CNOOC in Uganda
05-09-2019 | 10:08:00
Irish exploration company Tullow Oil terminated its farm-down to Total and CNOOC in Uganda on 29 August 2019, following the expiry of the Sale and Purchase Agreements (SPAs).
GCR Ratings appoints new Head of East Africa
05-09-2019 | 08:52:00
GCR Ratings is pleased to announce the appointment of Sylvia Chahonyo to drive its growth and expansion strategy across East Africa.
[South Africa] MultiChoice declares R1.5Bn payment to Phuthuma Nathi shareholders
03-09-2019 | 07:15:00
MultiChoice South Africa (MCSA) has declared a dividend of R1.5 billion to Phuthuma Nathi (PN) shareholders, an increase of 13.6% from 2018.
[Kenya] CMA begins search for Chief Executive successor
03-09-2019 | 06:05:00
The Board of the Capital Markets Authority (CMA) has announced the start of a process to identify a suitable candidate to succeed the current Chief Executive Mr. Paul Muthaura, to ensure a smooth transition.
[Kenya] CMA warns against WIE and Women Investing in Entrepreneurship public offering
03-09-2019 | 05:58:00
In a bid to enhance investor protection and the fair treatment of customers, Capital Markets Authority (CMA) has cautioned the public against participating in any capital raising and public offer of shares offered by WIE.
[Kenya] CBK approves National Bank acquisition by KCB
03-09-2019 | 05:34:00
The Central Bank of Kenya (CBK) has approved the acquisition of 100 percent shareholding of National Bank of Kenya by KCB Group.
Kenyan capital markets receive new boost with ICIFA and CISI joint membership deal
03-09-2019 | 05:16:00
CISI and ICIFA have confirmed a partnership which will support the enhancement of standards in professionalism and integrity in Kenya’s capital markets.
African Petroleum, PetroNor set to merge as transaction finalizes
27-08-2019 | 14:47:00
African Petroleum advises that Oslo Børs has confirmed that the Company will retain its listing on Oslo Axess following completion of the transaction.
[South Africa] JSE agrees to acquire majority stake in Link Market Services to diversify business revenue
27-08-2019 | 06:05:00
JSE has agreed to acquire Link Market Services South Africa, the second largest share registry business in South Africa (with 6 of the top 40 listed companies as clients), subject to all required approvals, for a cash amount of R224,5m.
[Ghana] Clothing manufacturer DTRT announces receives investment from Verod Capital and Red Bull
22-08-2019 | 06:58:03
West Africa's largest clothing manufacturer, DTRT Apparel Ltd (DTRT), has announced a major investment from investment firm Verod Capital Management and Red Bull GmbH.
[Africa Tech Week] Facebook is targeting African fake news in local languages
15-08-2019 | 13:13:34
Facebook's third-party fact-checking programme relies on feedback from the Facebook community, as one of many signals Facebook uses to raise potentially false stories to fact-checkers for review.
[South Africa] JSE delivers resilient performance for the first half of 2019
13-08-2019 | 07:07:30
The first half of 2019 has been challenging for the JSE although the exchange has delivered resilient performance.
[South Africa] Denham Capital announces sale of renewable power company BioTherm Energy
01-08-2019 | 12:53:00
Denham Capital has sold BioTherm Energy to Actis Capital, a leading emerging market investor, for an undisclosed sum.
EMGS awarded contract to conduct 3D survey, offshore Namibia
01-08-2019 | 11:34:00
EMGS is pleased to announce that it has been awarded a contract from Nabirm Global for a proprietary 3D CSEM survey over Block 2113A, Petroleum Exploration License (PEL 0058) in the Walvis Basin offshore Namibia.
[South Africa] JSE Group CEO retires, incoming Group CEO appointed
01-08-2019 | 07:20:00
Nicky Newton-King will retire as Chief Executive Officer of the JSE on 30 September 2019. The Board has appointed Dr Leila Fourie as Group Chief Executive Officer, effective 1 October 2019.
FTI Consulting expands Corporate Finance & Restructuring in EMEA, appoints three Senior Managing Directors
30-07-2019 | 14:13:00
FTI Consulting announced the appointment of three Senior Managing Directors in the firm’s Corporate Finance & Restructuring segment in London, to help further expand the firm’s market-leading restructuring offering in EMEA.
[Senegal] GreeenTec Capital Partners signs deal with DER to tackle investment challenges for entrepreneurs
25-07-2019 | 06:55:00
The Senegalese General Delegation for the Acceleration of Entrepreneurship for Women and Young People (DER),has signed a partnership agreement with GreenTec Capital Partners.
[Interview] Peter Macharia Kamau, CEO, Jijenge Credit Limited, Kenya
19-07-2019 | 15:45:00
Peter Macharia Kamau is a seasoned banker with over 30 years experience in the Banking Industry. Peter founded Jijenge Credit, a lending institution operating since 2014 within East Africa.
UNDP, Tony Elumelu Foundation partner to empower 100,000 African entrepreneurs
15-07-2019 | 07:42:00
The United Nations Development Programme has partnered with the Tony Elumelu Foundation to train, mentor and financially support 100,000 young entrepreneurs in Africa over 10 years.
[Kenya] CMA takes enforcement action for insider trading on Kenol Kobil shares
09-07-2019 | 06:42:46
The Ad Hoc Committee of the Board of CMA has taken administrative action against former CEO and Executive Director Kestrel Capital and two other stockbroking agents for their involvement in insider trading on Kenol Kobil shares.
CIS Nigeria agrees to financial services membership, qualifications and learning deal with CISI
08-07-2019 | 12:55:00
The Chartered Institute of Stockbrokers of Nigeria (CIS) and the CISI have confirmed a cooperation agreement across the areas of global qualifications, continuing professional development (CPD) and membership.
[South Africa] Majority of JSE listed and organs of state entities fail to submit their annual compliance reports, B-BBEE Commission
08-07-2019 | 09:35:00
The B-BBEE Commission has released the annual report on the national status and trends of broad-based economic empowerment for the calendar year 2018 as required by the B-BBEE Act.
Africa Oil partners with Azinam in block offshore, South Africa
04-07-2019 | 10:25:00
Azinam and Africa Oil have entered in an agreement under which Africa Oil shall acquire a 20% participating interest in Block 3B/4B Orange Basin, offshore South Africa.
Wave of Mergers & Acquisitions strengthens banks’ credit profiles across sub-Saharan Africa, Moody's
04-07-2019 | 07:53:00
The wave of mergers and acquisitions among banks in sub-Saharan Africa is credit positive for bank creditors and is set to continue, Moody's Investors Service said in a report published today.
Dutch Fund targets SMEs in Southern Africa
03-07-2019 | 09:18:00
Buxeros Capital, a public-private social impact investment fund has established a presence in South Africa with the aim of investing in emerging market SMEs in Southern Africa.
Kenyan economy projected to grow by 5.8% on average in 2019, research
02-07-2019 | 11:12:00
The Kenyan economy is projected to grow by 5.8% on average in 2019, according to GDP projections from 16 research houses, global agencies, and government organizations that were tracked during the half-year period.
[Kenya] CMA and KAM sign MoU to support growth of manufacturing sector
02-07-2019 | 06:45:00
The Capital Markets Authority (CMA) has signed a Memorandum of Understanding (MoU) with the Kenya Association of Manufacturers (KAM) to promote the growth and development of the manufacturing sector through the capital markets.
[Sierra Leone] IFC invests $60 million in Sierra Rutile to support expansion, community development
02-07-2019 | 06:36:00
IFC, a member of the World Bank Group, announced a $60 million investment in Iluka Resources’ Sierra Rutile Limited to partner with the resources company as it expands its operations in Sierra Leone.
[Nigeria] LEKOIL, Green Energy International signs the Otakikpo Joint Venture MoU with Schlumberger
02-07-2019 | 06:10:00
LEKOIL, the oil and gas exploration and development company with a focus on Nigeria and West Africa, is pleased to announce the Otakikpo Joint Venture between Green Energy International Limited (GEIL) and LEKOIL.
[Nigeria] June 2019 FGN bond oversubscribed, DMO
27-06-2019 | 07:33:00
The high level of demand shown by Investors at FGN Bond Auctions in recent months continued at the FGN Bond Auction for June 2019 which was conducted by the Debt Management Office (DMO) on Wednesday, June 26, 2019.
[Nigeria] NSE promotes ETFs as a sound and viable investment option
27-06-2019 | 07:08:00
The Nigerian Stock Exchange (NSE), the leading market for Exchange Traded Funds (ETFs) in the West African region, has commenced a three-day enlightenment campaign to increase investors’ awareness and participation in the ETFs market.
GISI partners with CISI to combine Ghanaian financial services best practice with global portability
25-06-2019 | 12:10:00
CISI and GISI are working together to enhance the Ghanaian investment and securities profession with a partnership focusing on qualifications, continuing professional development and ethics.
[Kenya] Cytonn Asset Managers launches Pensions Business
25-06-2019 | 08:13:00
Cytonn Asset Managers Limited, CAML, the affiliate of Cytonn Investments Management that is regulated by the CMA and RBA has launched its Pensions Business.
[Africa Tech Week] Africa sees strong internet use growth
20-06-2019 | 11:34:00
According to the International Telecommunication Union's (ITU) only a quarter of Africans have access to the internet. The region has however been seeing the strongest growth.
[South Africa] Absa separation from Barclays 69% complete, on track for completion in 2020
18-06-2019 | 10:46:00
Absa Group, one of the largest financial services providers in Africa, told the investors that its programme to separate from Barclays is 69% complete, with 184 of the 266 projects having been successfully delivered.
[Nigeria] FGN Green Bond series II records 220% subscription level
18-06-2019 | 07:51:24
The Nigeria Debt Management Office (DMO) has announced the results of its second Sovereign Green Bond offering (the “Offer”) for N15 billion.
NSE set to accelerate Islamic finance in Nigeria​
18-06-2019 | 06:33:00
The Nigerian Stock Exchange (NSE), in partnership with REDmoney Group, is set to hold the inaugural edition of the IFN Nigeria Forum which will take place in Lagos on June 18, 2019.
[South Africa] Old Mutual Private Equity acquires controlling stake in Footgear
13-06-2019 | 11:05:00
Old Mutual Private Equity has announced the acquisition of a majority interest in Footgear, a South African retailer of branded footwear.
[South Africa] Tsogo Sun Hotels lists on JSE
13-06-2019 | 07:43:50
Africa’s leading hospitality group Tsogo Sun Hotels has become the second company to list on the Johannesburg Stock Exchange (JSE)’s main board this year.
[South Africa] Partnerships with retirement funds can boost economic growth, Trade Minister
13-06-2019 | 07:04:00
Delivering a keynote speech at a conference hosted by Batseta - the Council of Retirement Funds for South Africa in Johannesburg, Trade and Industry Minister said that partnerships with retirement funds can help boost GDP growth.
[South Africa] Property Investment and Development Group, NEPI Rockcastle, lists shares on A2X
10-06-2019 | 07:51:00
NEPI Rockcastle has been approved for a secondary listing on A2X Markets and its shares will be available for trade on A2X from Tuesday, 18 June 2019.
DFIs, Mastercard Foundation partner to sponsor 2X Invest2Impact business competition in Africa
06-06-2019 | 11:26:00
Leading Development Finance Institutions (DFIs) along with the Mastercard Foundation announced that they are joining forces to sponsor the 2X Invest2Impact business competition in Africa.
[South Africa] Sanlam reports satisfactory performance in four-month operational update
06-06-2019 | 10:39:00
Sanlam reported a satisfactory operational performance in the four months to 30 April 2019, despite persisting headwinds in South Africa.
McDermott announces contract agreement for Mozambique LNG development
06-06-2019 | 09:23:00
McDermott International announced that CCS JV, a joint venture between McDermott, Saipem and Chiyoda, has reached full agreement for a contract with Anadarko for the Mozambique Area 1 LNG development.
ExxonMobil, partners to redevelop Angola Block 15 to increase production
06-06-2019 | 08:07:00
ExxonMobil and its partners said they will further invest in Block 15 offshore Angola to increase production as part of an agreement with Angola’s recently established National Agency for Petroleum, Gas and Biofuels.
[Nigeria] NSE launches Facts Behind the Sustainability Report to promote ESG reporting​
04-06-2019 | 06:19:20
In its quest to continually champion sustainable practices in the African capital markets, the Nigerian Stock Exchange (NSE) launched Facts Behind the Sustainability Report (FBSR) at the Stock Exchange House in Lagos.
[Nigeria] SEC, NSE streamline listing process to enhance more listings
28-05-2019 | 07:06:00
SEC and NSE have moved to make the processes involving listing on the NSE more efficient and cost-effective by streamlining the approval process between SEC and the NSE.
[Nigeria] NSE wins Outstanding Invaluable Company Award for CSR 2019
23-05-2019 | 07:51:00
The Nigerian Stock Exchange (“NSE” or “Exchange”) is pleased to announce that it has received a “Rotary Outstanding Invaluable Company Award” from Rotary International District 9110, Nigeria.
NSE admits MTN Nigeria Communications to its Premium Board
23-05-2019 | 07:36:43
The Nigerian Stock Exchange (The NSE or Exchange) is pleased to announce the listing by introduction of 20.35 billion ordinary shares of MTN Nigeria Communications at N90 per share, on its Premium Board.
[Nigeria] Investors show stronger demand for the 30 Year FGN Bond at the May 2019 Auction
23-05-2019 | 07:14:00
At the May 2019 FGN Bond Auction, the Debt Management Office (DMO) offered three (3) instruments for 5, 10 and 30-year tenors to the investing public, with a total amount offered of N100 billion.
[Kenya] Cytonn receives RBA approval to offer Cytonn Personal Retirement Benefits Scheme and Cytonn Income Drawdown Fund
21-05-2019 | 09:09:29
Cytonn Asset Managers Limited, CAML, the regulated affiliate of Cytonn Investments, announced that it has received two licenses from the Retirement Benefits Authority (RBA).
[Kenya] CMA recovers additional Kshs 19 million in connection with suspicious trade in KenolKobil shares
21-05-2019 | 07:28:00
The Capital Markets Authority (CMA) has completed the outstanding aspects of the insider trading investigations into the KenolKobil counter and has secured the surrender of an additional Ksh19 million.
[Kenya] Capital Markets Authority licenses Jubilee Financial Services to operate as a fund manager
17-05-2019 | 06:15:00
The Board of the Capital Markets Authority (CMA) has approved the grant of a license to Jubilee Financial Services Limited to operate as a fund manager having met all requirements.
AgDevCo and KfW appoint Barak Fund Management to handle the $20 million Sub Saharan Africa agriculture SMEs fund
15-05-2019 | 06:28:00
AgDevCo and KfW have appointed Barak Fund Management Limited as the new manager of LAFCo, a working capital facility dedicated to agricultural SMEs in Sub-Saharan Africa.
Global economic stress weighs on business in EMEA emerging-market economies, Moody's report
14-05-2019 | 10:46:00
Emerging markets in 2019 are facing slower global growth, shifts in trade policies and geopolitical risks, according to a new Moody's report.
[Interview] Clive Butkow, CEO, Kalon Venture Partners, South Africa
14-05-2019 | 08:36:00
Clive Butkow founded Kalon Venture Partners in August 2015, a digital disruptive technology VC, to make use of his skills and learnings and to invest in a portfolio of disruptive tech companies.
Total agrees with Occidental to contingent acquisition of Anadarko’s assets in Africa
07-05-2019 | 11:14:00
Total announces that it has reached a binding agreement with Occidental to acquire Anadarko’s assets in Africa for a consideration of $ 8.8 billion.
FSD Africa, CISI and CMA partner to strengthen Rwanda’s capital market
30-04-2019 | 14:51:00
The Capital Market Authority, Rwanda (CMA Rwanda) announced that it has formed a partnership with the UKAID funded Financial Sector Deepening Africa (FSD Africa) to strengthen Rwanda’s Capital Markets.
Kasada Capital Management raises $500 million for new hospitality fund dedicated to Sub Saharan Africa
26-04-2019 | 11:07:00
Sub-Saharan hospitality investment platform Kasada Capital Management has reached a first close on its maiden fund Kasada Hospitality Fund LP with equity commitments of over $500 million.
KawiSafi raises $70 million from Acumen to invest in energy projects in East Africa
23-04-2019 | 10:40:00
Acumen, a non-profit organisation that invests philanthropic capital in companies and leaders tackling poverty, has announced an approximately $70m close of the for-profit fund, KawiSafi Ventures.
[South Africa] Centbee raises £1 million from Ayre Ventures
23-04-2019 | 08:18:00
South African-based Bitcoin company, Centbee, has closed its Series A round with entrepreneur Calvin Ayre, founder of Antigua-based investment firm, Ayre Ventures and CoinGeek.
[Mauritius] Maaden acquires Meridian Fertilizer Group
18-04-2019 | 13:59:00
Saudi Arabia’s largest mining company, Ma’aden, will make its first international acquisition with the purchase of an African Fertilizer distribution company.
KCB Group offers to acquire National Bank of Kenya
18-04-2019 | 10:53:00
The KCB Group has made an offer to acquire 100% of the ordinary shares of National Bank of Kenya (NBK).
[Kenya] NIC Group approves merger with CBA
18-04-2019 | 09:06:00
NIC Group has announced that during the Annual General Meeting held on Wednesday, 17th April 2019, its shareholders overwhelmingly approved the merger with Commercial Bank of Africa (CBA).
[Kenya] NSE admits VAELL onto the Ibuka Program
16-04-2019 | 07:49:26
The Nairobi Securities Exchange (NSE) has admitted Vehicle and Equipment Leasing Limited (VAELL) onto its premium incubation and acceleration program, Ibuka.
[Kenya] NSE admits fifth company onto the Ibuka Program
16-04-2019 | 07:27:00
The Nairobi Securities Exchange (NSE) has admitted Myspace Properties onto Ibuka, NSE’s incubation and acceleration program.
[South Africa] Vantage Capital exits Thebe Timrite
15-04-2019 | 12:21:00
Vantage Capital, Africa’s largest mezzanine debt fund manager, has announced that it has fully exited its investment in Thebe Timrite.
Daystar Power receives $10 million for expansion of solar power operations in West Africa
12-04-2019 | 09:28:00
Daystar Power has closed a $10 million investment with Verod Capital Management and Persistent Energy Capital LLC to accelerate its expansion across West Africa.
Africa Oil acquires additional shares of Eco Oil
11-04-2019 | 13:13:25
Africa Oil announced that it has acquired 4,752,850 common shares of Eco (Atlantic) Oil and Gas ("Eco") (TSXV:EOG or LSE:ECO) for US$1.05 per common share for a total consideration of US$4,999,998.
[South Africa] New Development Bank outlines ambitious plans to boost loans, increase investment impact
11-04-2019 | 06:51:00
The New Development Bank plans to almost double its loan book to USD 16 billion this year and increase its impact, as it seeks to broaden its global development partnerships.
African tech startups raised US$1.163 billion in equity funding in 2018, Partech Africa Report
10-04-2019 | 08:39:06
African tech startups raised a total of US$1.163 billion in equity funding in 2018. This is according to the Partech Africa annual report on the financing of African Startups.
[Rwanda] AgDevCo enters into a $3 million deal with Minimex Limited
09-04-2019 | 08:35:00
UK-based social impact investor AgDevCo has closed a $3 million mezzanine loan with Minimex Limited, a maize milling company.
[Nigeria] Oando divests its residual 25% interest in Axxela to Helios Investments
08-04-2019 | 08:44:00
Oando, Nigerian indigenous energy group, has divested its residual 25% interest in Axxela Limited to Helios Investment Partners, a private equity firm with a focus on investments in Africa.
[Africa Tech Week] E-commerce holds huge promise for enhancing free trade in Africa
04-04-2019 | 11:08:00
Africa has huge e-commerce potential. In fact, according to UNCTAD, e-commerce can significantly boost free trade across Africa
[Kenya] CMA establishes a Financial Markets Law Review Panel
02-04-2019 | 15:09:00
In line with the targets set out in the Capital Market Master Plan, CMA has established a Financial Markets Law Review Panel of 16 leading domestic and international financial market lawyers and practitioners.
European Investment Bank invests $15 million in Africa Industrialization Fund to support growth capital investments
02-04-2019 | 15:04:21
The European Investment Bank has signed a commitment of $15 million with the SPE Africa Industrialization I Fund, targeting growth capital investments in SMEs and mid-market companies.
CISI joins West African Monetary Union to help promote economic growth
02-04-2019 | 14:33:00
CISI will join Agency UMOA Titres and FSDA to create a financial licensing certification system to raise financial sector capability and educate practitioners in the eight countries of the West African Monetary Union.
[South Africa] SARB imposes sanctions on three Authorised Dealers in foreign exchange with limited authority
02-04-2019 | 11:14:26
The South African Reserve Bank (SARB) has imposed administrative sanctions on three Authorised Dealers in foreign exchange with limited authority (ADLAs).
[Kenya] NSE admits Bluenile Rolling Mills onto the Ibuka Program
02-04-2019 | 05:56:00
The Nairobi Securities Exchange (NSE) has admitted Bluenile Rolling Mills Limited onto Ibuka, NSE’s incubation and acceleration program.
Essential steps for starting a small business
01-04-2019 | 11:39:00
Starting your own business can be a very rewarding thing to do. Freeing yourself from the tedium of a 9 to 5 job and being able to be your own boss and make your own decisions can be liberating.
[Africa Tech Week] Online marketplaces are contributing to economic growth in Africa
29-03-2019 | 12:30:39
Online marketplaces could raise incomes and boost inclusive economic growth with minimal disruption to existing businesses and workforce norms in Africa.
AfDB approves $20 million investment in Uhuru Growth Fund, building regional champions across West Africa
29-03-2019 | 12:12:17
The African Development Bank, AfDB, has approved a $20 million equity investment in Uhuru Growth Fund 1, a first-generation fund sponsored by Uhuru Partners Limited.
[Kenya] Central Bank Rate retains at 9.00 percent, MPC survey
28-03-2019 | 09:16:00
The Monetary Policy Committee retained the Central Bank Rate at 9.00 percent as at March 27, 2019.