Tom Minney

Ethiopia

Silk African Food Fund munches into Ethiopian biscuits

The Silk African Food private equity fund, run by UK regulated specialist asset manager Silk Invest Ltd, has acquired a significant minority equity stake in ...

Funds

Winners announced for Private Equity Africa Awards in London

It was great to be part of the inaugural Private Equity Africa Awards, organized by the excellent team. According to them, the accolades are the ...

Other news

IFC and African Development Bank expand local currency finance

The International Finance Corporation, a member of the World Bank Group, and the African Development Bank are to work together to facilitate local currency lending ...

Other Countries

Africa’s top bankers honoured at award ceremony

The best in African banking was celebrated recently at the 6th edition of the African Banker Awards, under the patronage of the African Development Bank ...

Exchange news

Rwanda savings and credit coops to look at capital markets?

Rwanda's Savings and Credit Cooperatives (known as SACCOs) are being encouraged to take more interest in investing into the capital market including bonds and equities. ...

Funds

African Development Bank invests $100m to Agvance Africa PE fund of funds

The African Development Bank has approved an equity investment of US$100 million to Agvance Africa, which the bank claims is the first fund of funds ...

Funds

CDC scores paper loss of £72m on private equity portfolio in 2011

Pioneering private equity group CDC, 100% owned by the UK Government’s Department for International Development, has recorded a paper loss of £72 million ($111.6m) across ...

Capital raising

Hana Mining could speed trans-Kalahari railway

The dual-listing of Hana Mining Ltd. last week on the Foreign Venture Capital Board of the Botswana Stock Exchange could bring a giant new cross-Africa ...

Ethiopia

5 Africans named social entrepreneurs of 2012

Five leading Africans and innovators were named Social Entrepreneurs of the Year 2012 Africa by the Schwab Foundtion last week at the World Economic Forum ...

Exchange news

Nigerian Stock Exchange to roll out top-speed NASDAQ OMX trading platform

The Nigerian Stock Exchange says it will have the fastest trading system in Africa when it upgrades its trading to NASDAQ OMX Group’s X-Stream platform, ...

Exchange news

BaDEx getting ready to launch as Zambia’s second securities exchange

A new securities exchange in Lusaka, BaDEx (Bonds and Derivatives Exchange Zambia) is installing tried-and-tested bond and derivative trading software from South Africa's STT Software, ...

Exchange news

CoSSE (Committee of SADC Stock Exchanges) launch new website for data and news

The Committee of SADC Stock Exchanges (CoSSE) has launched a website as part of a drive to create more liquidity in the southern African stock ...

Other news

Ready, steady Ngozi – for World Bank president

The Economist magazine in support of Ngozi Okonjo Iweala for World Bank President

Ethiopia

Making the market, the story of the Ethiopian Commodities Exchange

This article by Dr Eleni Gabre-Madhin, CEO of the Ethiopian Commodities Exchange, gives a fascinating, self-critical and revealing account of the creation of the exchange ...

Exchange news

JSE stock exchange unveils new Africa strategy

This morning South Africa’s securities exchange, the JSE Ltd, announced a revised strategy to attract more listings from other African countries, as international interest soars. ...

Exchange news

Kentucky wheat futures contract coming to JSE

The JSE will introduce its third wheat futures contract, with a cash-settled contract based on hard red winter wheat, referencing the Kansas City Board of ...

Funds

Private Equity Africa – analysis of deals and trends 2011 and looking forward to 2012

Learn from private equity fund-raising and deal trends of 2011 and look forward to the rest of 2012 with top private equity managers and a ...

Exchange news

Kenya licences first ethical Islamic finance fund

Kenya has licensed its first ethical fund, an Islamic fund issued by FCB Capital, a sharia-compliant investment bank, and aims to become the centre of ...

Capital raising

Abraaj Capital acquired Aureos Capital

Abraaj Capital, a leading private equity manager investing into Africa, Middle East, Asia and Turkey, recently announced the acquisition of Aureos Capital, a global private ...

Exchange news

First global company lists on Stock Exchange of Mauritius

The first offshore company was approved to be listed for trading on the Stock Exchange of Mauritius. Evisa Investments Ltd, which has invested in Kenyan ...