Tom Minney

Ethiopia

Duet and Vasari invest private equity in Ethiopia’s Dashen Brewery

London-based alternative asset manager Duet Group and Vasari, a company with a record of growing businesses, announced recently in a press release that they had ...

Exchange news

Strategy – NYSE Euronext and Deutsche Borse turn to technology and new targets

Mega-mergers and competition continues among the world’s biggest exchanges, despite the move by European regulators to ban Deutsche Börse (DB) and NYSE Euronext (NYX) from ...

Exchange news

Tanzanite miner Richland heads for Dar-es-Salaam bourse listing

Tanzanians are to be able to invest in the gems that bear their country’s name, tanzanite. Richland Resources Ltd, listed on the London Stock Exchange’s ...

Exchange news

Africa calls for regional integration and financial infrastructure

South Africa’s Minister of Finance, Pravin Gordhan said the continent needs to take advantage of having a market of 1bn people and some of the ...

Exchange news

British small-cap stockex PLUS-SX up for sale

PLUS Markets, a British-regulated investment exchange for trading the shares of small companies, has put itself up for sale on 3 Feb.

Capital raising

JSE seeks more African equity listings in 2012, targets telecoms, mining and financials

The JSE Ltd, South Africa’s securities exchange, is hoping to attract more listings from the rest of Africa in 2012 and to expand its range ...

Capital raising

East African investors opening accounts at Nairobi Stock Exchange

The number of investors from other East African countries opening trading accounts at Kenya’s Nairobi Stock Exchange is still very small, but has grown more ...

Cote d’Ivoire

IFC invests in Côte d’Ivoire’s mining through Sama Resources

The International Finance Corporation (IFC), a member of the World Bank Group, on 20 Dec agreed to invest CAD1,250,000 in nickel and copper exploration through ...

Exchange news

FTSE Group working on Pan-Africa index with African Securities Exchanges Association

FTSE has launched a FTSE-ASEA index with the African Securities Exchanges Association, which will help to unlock Africa an investment for larger portfolio investors. The ...

Exchange news

Zimbabwe Securities Commission refuses licence for ZSE bourse

The Securities Commission of Zimbabwe (www.seczim.co.zw) has declined to grant the Zimbabwe Stock Exchange (www.zse.co.zw – under maintenance), an operating licence, according to local media, ...

Events

Getting Africa to use more carbon financing – COP 17 workshop

Africa is using much less than its share of global financing available for carbon reduction projects, but the process to apply is complicated and a ...

Capital raising

Africa could repeat China’s long growth story– Renaissance CIO

"Africa reminds me of China back in 1999. If you missed China then, don't do that (miss Africa) now," is how Plamen Monovski, chief investment ...

Exchange news

Tunisia Stock Exchange positive on economic prospects

Share prices on the Tunisian Stock Exchange have been moving ahead all November, starting with a positive reaction to the meeting between Rachid Ghannouchi, leader ...

Funds

Aureos Africa Health Fund invests $2.5m in Kenya healthcare

Aureos Africa Health Fund invested $2.5 million in a Kenyan hospital and health insurance company, the Avenue Group, which offers affordable healthcare cover, integrated ...

Other Countries

More appetite for African bonds in 2012

2012 could be an active year for African bonds and particularly eurobonds, judging by the 5.5 times oversubscription for the Namibia's debut $500 million, 10-year ...

Other Countries

Namibia’s first US$500m Eurobond

The Namibian government issued a debut US$500 million, 10-year Eurobond on 27 October and got a price of 5.75%, taking advantage of a lull in ...

Exchange news

Securities Africa – thanks for supporting charity trading day

Securities Africa held its annual Charity Trading Day on 9 November. The broker-dealer teamed up with Child Welfare SA and 100% of all revenue ...

Technology

IFC to invest up to $700m into new Africa telecoms

The International Finance Corporation plans to invest up to $700 million in new African telecommunications projects in this year and the next, says Reuters.

Exchange news

Is lack of liquidity driving African issuers to list on London Stock Exchange and others?

Reuters newsagency has put together stories on issuers' and investors' difficulties with African stock markets. These include lack of liquidity and sinking currencies. It ...

Funds

InReturn Capital invests in Kenya’s Eagle Eye Laser Centre

East African venture capital firm InReturn Capital has entered a partnership with Hurlingham Eye Care Services group (HECS). InReturn Capital is an impact investing company ...