Tom Minney

Exchange news

Foreign inflows soar on Zimbabwe Stock Exchange

Foreign inflows on the Zimbabwe Stock Exchange rose by nearly 40% in 2013, with more coming in the second half. However, capital-raising plummeted compared to ...

Exchange news

Zimbabwe Stock Exchange – top-performing shares 2013

The main index of the Zimbabwe Stock Exchange climbed 31%, writes Ryan Hoover, as part of the reviews of top-performing African stock exchanges, check his ...

Cote d’Ivoire

Africa’s securities exchanges and their part in Africa’s future

The challenges facing Africa's securities exchanges to become an integral part of the continent's economic transformation also provide a good agenda for action in ...

Cote d’Ivoire

African securities exchanges celebrate – and get challenged

ABIDJAN, COTE D’IVOIRE – The atmosphere was festive as Africa’s securities exchanges got together for the annual “must go” conference. Some 350 delegates from all ...

Other news

Rise of RMB – China’s yuan becomes world’s second choice for trade

China's yuan currency, also known as Renminbi (RMB) became the second-most used currency in trade finance in October, according to a story on Reuters.

Capital raising

Africa private equity – $2bn raised in 9 months to Sept

Africa’s private equity funds have reported closing funds with $2bn in investments, according to the industry news source Private Equity Africa, citing data from Preqin ...

Exchange news

Safeguarding investments – custody banks spur growth of African capital markets

Giant inflows of investment capital to the African markets is spurring an increase in the banks offering custody services, but global players are held back ...

Exchange news

New securities exchange prepares in Namibia

Former Namibian Minister of Finance Helmut Angula is heading plans to establish a second securities exchange, the Namibia Financial Exchange (NamFin-X), which received its licence ...

Egypt

Citadel Capital to issue $528m shares

Shareholders of leading investment company Citadel Capital have voted recently to allow the company, which says it has US$ 9.5 billion in investments under control, ...

Capital raising

Citadel Capital’s Rift Valley Railway opens Uganda-S Sudan trade after 20 years

Rift Valley Railways (RVR), a platform company of Egypt's Citadel Capital, has repaired 500 kilometers of track between Tororo in Eastern Uganda and Gulu in ...

Other news

London heads world as financial centre, aims for global islamic finance

London is back at the top of the world’s international financial centres, pushing out New York again, according to a world ranking of IFCs prepared ...

Exchange news

World Federation of Exchanges moving to London

London’s role as the world centre for securities exchanges and finance got a further boost last night (29 October) when the World Federation of Exchanges ...

Funds

DPI private equity fund raises $400m

A leading African private equity house Development Partners International (DPI) has reached the first close of its second pan-African African Development Partners II (ADP II) ...

Exchange news

New laws pave route to Angolan securities exchange

Laws have been approved in Angola to regulate the future securities exchange for equity and debt. The Capital Markets Commission (CMC) says that it plans ...

Other news

African Corporate Governance Network launched

Today (16 Oct) saw the launch of the African Corporate Governance Network in Mauritius,, with Kenya, Malawi, Mauritius, Mozambique, Nigeria, South Africa, Tanzania, Zambia and ...

Funds

Innovative structure for $94m fund for health innovations

Merchant bank Lion’s Head is moving fast forward with the Global Health Investment Fund to invest in and advance late-stage drugs, vaccines and other global ...

Exchange news

South Africa’s JSE again beats the world on regulation – how they do it

South Africa’s Johannesburg Stock Exchange (www.jse.co.za) is the world’s best-regulated stock exchange for the fourth year running. The 2013-14 Global Competitiveness Report by the World ...

Funds

How to win big returns in African private equity

Africa’s private equity firms have been finding great ways to realize value, fuelling and profiting from the continent’s soaring growth, but also helping Africa’s markets ...

Exchange news

New York Institute of Finance launches Nigerian links

Nigerian stockbrokers are to build their expertise under a working relationship between the New York Institute of Finance (NYIF) and the Chartered Institute of Stockbrokers ...

Ethiopia

Ethiopian Commodity Exchange trades over USD1bn in year to July

Ethiopia's Government says trading on the Ethiopian Commodity Exchange totalled transacted some Birr 20 billion ($1.06 bn) worth of commodities on the trading floor during ...