Tom Minney

Cote d’Ivoire

$183bn of M&A in Africa in last 10 years, Britain leads

The total value of mergers and acquisitions deals in Africa by foreign investors was $183 billion over the ten years 2003-2012, up threefold on the ...

Events

Thur 27 June: African Debt Capital Markets Summit 2013

This Thursday is the African Debt Capital Markets Summit 2013, at Bloomberg in London, organized by IC Publications. The conference brings top international speakers including ...

Exchange news

JSE gives South African firms competitive advantage through corporate bonds

“South Africa’s established and efficient debt capital market is a key competitive advantage for South African firms” writes Barry Martin, joint head of debt capital ...

Cote d’Ivoire

African Development Bank starts move to Cote d’Ivoire in 2013

Africa’s top lending institution the African Development Bank (AfDB) has announced that it will start moving its headquarters and 1,500 employees from Tunisia to Ivory ...

Funds

Africa is top investment destination for private equity

Global institutional investors (“Limited Partners”/LP) have selected Sub-Saharan Africa (SSA) as the most attractive investment region for private equity, according to research from the Emerging ...

Other news

African Development Bank and Commerzbank sign for $100m trade finance

The African Development Bank has signed a USD 100 million agreement with Germany-based Commerzbank AG in which the banks will share the default risk on ...

Kenya

Sub-Saharan African sovereigns outside SA to raise $7bn in fixed income

African countries (apart from South Africa) are set to place $7 billion of debt this year, buoyed by low interest rates and a huge global ...

Capital raising

Infrastructure needed to celebrate AU’s 50th anniversary

“Unity has no meaning unless it is the ability of the coal miner in Botswana to power a plant in Angola or the farmer in ...

Capital raising

Rwanda’s $400m Eurobond will pay for power, planes and conferences

The first Eurobond issued by Rwanda, due to mature in May 2023, raised $400 million at 6.875% and the money will go to start generating ...

Exchange news

New CEO announced for Dar es Salaam Stock Exchange

Tanzanian news media yesterday (1 May) announced that 37-year old Moremi Marwa has been appointed as the new CEO of the Dar es Salaam Stock ...

Exchange news

Zimbabwe Stock Exchange launches great investor relations (IR) drive

Congratulations to the Zimbabwe Stock Exchange on its excellent new website, including a very useful listed companies’ data terminal, including annual reports, charting, trading ...

Exchange news

Zimbabwe Stock Exchange terminates 3 listings

The Zimbabwe Stock Exchange has informed investors and the public in a press release that it has terminated the listings of 3 companies with effect ...

Overview of men and women at trading desks. Egyptian Exchange EGX boosted by IPO share offer
Egypt

Egyptian Exchange holds workshops with mutual funds to boost liquidity

The Egyptian Exchange (EGX) is busy with workshops for mutual funds and investment banks, aiming to boost trading volumes through better communications between market participants ...

Capital raising

Regulators discuss East African bookbuilding and stockbroker licences

The regional forum, the East African Securities Regulatory Authorities (EASRA), is seeking to create a harmonized licensing framework for the region for brokers and dealers, ...

Funds

Harsh climate for African private equity calls for experienced local guides

Private equity are getting harder in Africa, particularly for mega funds looking for $75m deals, and 57 funds are currently trying to raise $13.1bn causing ...

Kenya

Calvert Foundation says all investors set to include impact investments in portfolios

A major shift is coming in which investors, individual and institutional, will commit at least a portion of their investable assets to social impact and ...

Exchange news

New global rules for collective schemes from IOSCO

The International Organization of Securities Commissions (IOSCO) published on 4 March a report on liquidity risk management for collective investment schemes (CIS)

Exchange news

Stock exchange CEO wanted

The Dar es Salaam Stock Exchange is advertising for a new CEO, after the contract of the previous CEO Gabriel Kitua, expired on 31 January. ...

Capital raising

Jacana merges with InReturn Capital, launches $75m private equity fund for SMEs

Entrepreneurs running small and medium-enterprises (SMEs) in West and East Africa stand to benefit from a new $75m private equity fund. The announcement follows the ...

Nigeria

IFC to issue $50m (NGN8 billion) Naija bond in Nigeria

The International Finance Corporation plans to issue a $50 million (NGN 8 billion) local-currency "Naija" bond in Nigeria to support the domestic capital markets and ...