30-10-2014 22:52:00 | by: Administrator | hits: 7671664 | Tags:

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.
[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.
[South Africa] Johannesburg Stock Exchange launches Green Bond segment to fund low carbon projects
30-10-2017 | 09:01:46
Johannesburg Stock Exchange has launched a Green Bond Segment which will provide a platform for companies and other institutions to raise funds ring-fenced for low carbon initiatives and investors to invest SRI funds in securities that are truly green.
Old Mutual Alternative Investments launches third international private equity fund of funds
25-10-2017 | 08:04:05
Old Mutual Alternative Investments (OMAI), Africa’s largest private alternative investment manager, is launching its third International Private Equity Fund of Funds (International FoF III) with a target size of US$300 million.
London Stock Exchange Group looks into new ways to support Egyptian economy
25-10-2017 | 05:56:00
A delegation from the London Stock Exchange Group has visited Cairo to support Egypt’s Stock Exchange development and connect Egyptian Government and companies to London markets.
[South Africa] 4Sight Holdings Limited lists on the Johannesburg Stock Exchange
24-10-2017 | 06:22:30
4Sight Holdings Limited has listed in Non-Equity Investment Instruments sector of the JSE's AltX board aimed at small and medium-sized companies.
[Kenya] QGIAM offsets stake in Savannah Cement
20-10-2017 | 06:53:14
QGIAM, the private equity arm of Africa focused investment firm Quantum Global has announced that on behalf of their investors, the sale of its interest in Savannah Cement, a leading Kenyan cement producer, has been completed.
[South Africa] Brainworks becomes first Zimbabwean company to have primary listing on the Johannesburg Stock Exchange
19-10-2017 | 08:18:00
Brainworks Limited has listed in the Equity Investments Instruments sector on the main board of the JSE.
World Bank and partners sign $155 million package to support access to affordable housing finance in West Africa
17-10-2017 | 09:17:27
The West African Development Bank, the WAEMU Commission, the West African regional mortgage refinance company and the World Bank have signed a $155 million package to support the development of affordable housing finance in West Africa.
[South Africa] Old Mutual Alternative Investments acquires 50 percent stake in Faircape Life Right Holdings
17-10-2017 | 07:27:36
Old Mutual Alternative Investments (OMAI), Africa's largest private alternative investment manager, has acquired a 50% interest in Faircape Life Right Holdings for an undisclosed sum.
MPBS becomes first Tunisian company to go live on Demand Solutions DSX
16-10-2017 | 09:00:00
Demand Management, Inc., says that Manufacture de Panneaux Bois du Sud (MPBS), a leading paper and forest products company, has become the first company in Tunisia to go live on the Demand Solutions DSX supply chain planning platform.
[South Africa] New Ashburton Global 1200 Equity ETF lists on the Johannesburg Stock Exchange
11-10-2017 | 12:45:00
The new Ashburton Global 1200 Equity Exchange Traded Fund (ETF), with a large interest in developed markets, has listed on the Johannesburg Stock Exchange becoming the 9th ETF to list this year.
[Ghana] Airtel, Tigo merger approved by NCA
10-10-2017 | 12:03:00
The National Communications Authority has given approval for the merger between Bharti Ghana Limited (Airtel) and Millicom Ghana Limited (Tigo), to proceed subject to some conditions.
AfDB issues its first “Light Up and Power Africa” theme Bond
06-10-2017 | 06:17:42
The African Development Bank (AfDB) has issued the first “Light Up and Power Africa” Bond for $90million sold to the Dai-ichi Life Insurance Company, Limited, the sole investor in the transaction.
Coca-Cola and AB InBev complete transition of majority ownership in Coca-Cola Beverages Africa
05-10-2017 | 13:48:00
The Coca-Cola Company and Anheuser-Busch InBev have announced today that they have completed the transition of AB InBev’s majority interest in Coca-Cola Beverages Africa.
Idris Mohammed appointed Carlyle Fund Team Group Managing Director for Sub Saharan Africa
05-10-2017 | 10:42:12
Global alternative asset manager The Carlyle Group has appointed Idris Mohammed as the Managing Director of Carlyle’s Sub-Saharan African Fund team (CSSAF), effective immediately.
Andersen Global enters Kenyan market through partnership with Nexus Business
05-10-2017 | 05:47:00
US advisory firm has announced its entry into East Africa through collaboration with with Nexus Business Advisory Limited (Nexus), a tax, legal and business advisory firm based in Nairobi, Kenya.
[South Africa] Stadio Holdings lists on the Johannesburg Stock Exchange
04-10-2017 | 13:05:00
Stadio Holdings Limited has listed in the Specialised Consumer Services sector on the main board of the JSE becoming the fifteenth company to list on the JSE this year.
[Interview] Thiagarajan Ramamurthy, CEO, Bidco Africa
04-10-2017 | 11:24:00
Thiagarajan Ramamurthy, TRM, is a name synonymous with strategy and tact. He has been a formidable juggernaut in retail and manufacturing industries across Africa.
Cost Plus World Market launches CRAFT Africa Collection in select stores and online
03-10-2017 | 05:28:00
Cost Plus World Market® has launched its latest focused collection of artisan crafts with CRAFT Africa Collection, in select stores and online.
Rwanda Revenue Authority certifies 22 authorized economic operators facilitating faster and smoother trade
02-10-2017 | 12:18:00
Rwanda revenue Authority (RRA) has signed MOU’s and awarded certificates of recognition to twenty-two companies in Rwanda who have been granted special customs status as Authorized Economic Operators (AEO).
African Development Bank sells Industrialize Africa theme bond for $40 million
29-09-2017 | 06:25:39
The African Development Bank (AfDB) has sold its first “Industrialize Africa” theme Bond to Fukoku Mutual Life Insurance Company, the sole investor in the transaction, for $40 million.
Johannesburg Stock Exchange expands product offering with listing of Satrix Quality South Africa ETF
27-09-2017 | 10:31:12
The Johannesburg Stock Exchange (JSE) has expanded its product offering to investors with the listing of the Satrix Quality South Africa ETF (JSE: STXQUA). The new ETF will track the S&P Quality South Africa index.
[South Africa] Orion Minerals lists on the Johannesburg Stock Exchange
25-09-2017 | 10:56:04
Orion Minerals, an Australian base metals firm with an active exploration and development programme in South Africa, has listed in the Gold Mining sector on the Main Board of the Johannesburg Stock Exchange (JSE).
[South Africa] Steinhoff Africa Retail lists in Johannesburg Stock Exchange
22-09-2017 | 13:04:00
Steinhoff Africa Retail has listed in the Broadline Retailers sub sector on the main board of the JSE. Steinhoff Retail Africa (STAR) is the 14th company to list on the JSE this year.
Dangote Industries enlists pubic support in tracking contraband goods in its trucks
20-09-2017 | 06:26:00
The Management of Dangote Industries Limited has launched a passionate appeal to members of the public to assist in monitoring both the recklessness and the illegal haulage of contraband goods by some of its truck drivers.
[South Africa] AngloGold starts process to sell loss making Kopanang gold mine
18-09-2017 | 12:10:00
South African gold producer AngloGold Ashanti has signed an agreement with an undisclosed party to sell the loss making Kopanang gold mine located in the west of Johannesburg.
[South Africa] African Rainbow Capital Investments lists on Johannesburg Stock Exchange
08-09-2017 | 11:39:00
African Rainbow Capital Investments Limited has listed in the Speciality Finance Sector on the main board of the Johannesburg Stock Exchange.
Afreximbank seeks $300 million equity from Kenyan investors through depositary receipts
08-09-2017 | 08:10:00
The African Export-Import Bank (Afreximbank) has presented its equity offering to Kenyan investors aimed at raising between $100 million and $300 million through the issuance of Depositary Receipts backed by its Class “D” shares.
[Nigeria] Betloy launches football prediction website for soccer lovers
07-09-2017 | 05:30:44
Betloy ihas launched its football prediction website for lovers of football. Many fans utilize content like this for entertainment purposes while many others take it a step further by translating their passion into profits.
Trade and Development Bank nets $101 Million in profit
04-09-2017 | 10:53:51
The Trade and Development Bank has recorded a net profit of 101 million dollars, a 7% increase over the $94.7 million achieved in 2015.
Allianz expands African footprint with acquisition of Ensure Insurance in Nigeria
30-08-2017 | 13:52:37
Allianz Group announced today a binding agreement to acquire 98 percent of Nigerian insurer Ensure Insurance Plc. from its core shareholder Greenoaks Global Holdings Ltd. (GGH).
[Kenya] Britam grows its comprehensive income to Shs1.9 billion
25-08-2017 | 10:53:00
Britam Holdings total comprehensive income for the first six months of the year has increased to Shs1.9 billion compared to Shs1.88 billion for a similar period last year.
TriLinc Global Impact Fund approves $37.5 million in loans to companies operating in Sub Saharan Africa
23-08-2017 | 08:28:25
TriLinc Global Impact Fund has approved $37.5 million in loan and trade finance transactions with companies operating in Sub-Saharan Africa, Latin America, and Southeast Asia.
Absa Bank refinances Harmony Gold Limited’s existing term debt facility
18-08-2017 | 13:27:22
Absa Bank has successfully refinanced and upsized Harmony Gold Limited’s existing $250 million Term Debt to a 3 year $350 million facility.
Johannesburg Stock Exchange delivers resilient performance for the first half of 2017
15-08-2017 | 09:53:12
The JSE's performance was resilient in the face of a tough operating environment during the first half of 2017.
Ciao Group announces investment token backed by $530 billion African financial market
11-08-2017 | 09:15:02
Ciao Group, Inc. has announced further details on an Initial Currency Offering (ICO) planned for later this year.
[South Africa] Decision Inc. acquires ABM Systems
10-08-2017 | 08:44:00
Decision Inc. a management and technology consulting organisation has confirmed the commencement of its international expansion strategy with the acquisition of ABM Systems.
Johannesburg Stock Exchange partners with FTSE Russell to launch new range of factor indices
07-08-2017 | 11:34:59
The Johannesburg Stock Exchange (JSE), in partnership with FTSE Russell, launched eight new factor indices covering the South African equity market.
[Kenya] Private sector activity deteriorates on declining output
04-08-2017 | 05:24:00
Kenya’ private sector activity continues to contract owing to a declining output even as the business conditions recorded deteriorating performance in July according to the Purchasing Managers’ Index (PMI) survey.
Sub Saharan Africa middle class total daily spending more than $400 million, study
03-08-2017 | 06:23:00
A study on the world's fastest growing middle class, estimates that Sub-Saharan African middle class consists of over 100 million people, excluding South Africa, with an aggregate spending power of over $ 400 million per day.
GTBank celebrates 10th anniversary of listing on the London Stock Exchange
01-08-2017 | 06:20:42
African financial institution, Guaranty Trust Bank plc, marks its tenth anniversary listing on the London Stock Exchange having been the first Nigerian bank to list on the London Stock Exchange.
Johannesburg Stock Exchange introduces three new Satrix exchange traded funds
27-07-2017 | 09:04:31
The Johannesburg Stock Exchange (JSE) now offers investors an even wider range of products which give investors exposure to global markets with the listing of three new Satrix exchange traded funds (ETFs)
Guinness Nigeria presents details of the N40 billion rights issue to shareholders
27-07-2017 | 06:33:00
Nigeria details Guinness Nigeria Plc has presented a detailed breakdown of its plans to raise N39,700,688,598 by way of rights issue to its existing shareholders.
EFG Hermes extends lead as Egypt’s largest asset manager by fund count with two new mandates
26-07-2017 | 08:44:00
The asset management division of EFG Hermes, a financial services corporation in the Middle East and North Africa, has been awarded mandates from Ahli United Bank -Egypt to manage two funds.
[South Africa] Johannesburg Stock Exchange adds Argon Securities to its members list
21-07-2017 | 13:25:00
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 | 06:18:53
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 | 07:27:01
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 | 12:00:00
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 | 08:08:00
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 | 13:01:47
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 | 09:04:28
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 | 06:02:02
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 | 08:16:54
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 | 09:58:16
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 | 13:26:25
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 | 10:07:06
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 | 12:30:00
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 | 07:41:44
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 | 01:12:30
​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 | 09:55:57
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 | 09:45:34
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 | 07:55:40
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 | 09:14:00
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 | 08:37:00
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 | 13:37:00
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 | 07:20:41
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 | 11:00:00
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 | 04:34:00
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 | 10:36:46
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 | 10:52:00
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 | 07:10:22
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 | 10:04:00
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 | 04:45:48
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 | 12:12:20
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 | 05:50:33
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 | 15:04:00
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 | 11:22:00
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 | 11:51:11
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 | 08:36:56
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.