Tom Minney

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 ...

Capital raising

African Venture Capital Association (AVCA) to provide PE data

The African Venture Capital Association and Cambridge Associates are to work together to provide extensive, independent aggregate African private equity and venture capital benchmark data ...

Funds

OPIC invests $285m in 6 impact investing funds

U.S. development finance institution, the Overseas Private Investment Corporation (OPIC), is to invest up to $285 million in financing to private equity funds. These in ...

Exchange news

African Stock Exchanges Association conference tackles key issues

Developing Africa’s securities exchanges is critical for the continent’s development, with capital markets standing between huge demand for capital for growth and huge demand to ...

Capital raising

Mobius remains bullish on Nairobi Securities Exchange, says FT

Mark Mobius, veteran emerging markets investor and head of Templeton Emerging Markets, is bullish about the Nairobi Securities Exchange (NSE), although it is the worst-performing ...

Exchange news

UK’s regulator FSA warns on unregistered “ethical” tree investment schemes

The UK’s regulator, the Financial Services Authority (FSA), has issued a warning about unregulated “sustainable, ethical and alternative” investments. It says: “We are seeing an ...

Exchange news

Private equity exits total $1.2bn

Private equity managers (GPs) have exited some $1.2bn of investments this year, spurred by new interest and good deal values, according to data from Preqin. ...

Funds

Africa is ready for private equity, says EMPEA/FT summit

Government leaders, regulators and decision-makers across Africa recognize the success of private equity in growing companies, creating jobs and developing infrastructure. They are actively considering ...

Funds

Caravan Capital plans $90m into African equities

Caravan Capital Management, an investment fund based in the USA, aims to invest up to $90 million in African equity frontier markets. The fund has ...

Exchange news

Nigeria’s Securities and Exchange Commission (SEC) to set up Investor Protection Fund

The Securities and Exchange Commission Nigeria is considering setting up an Investor Protection Trust Fund. This comes after news that no-one has claimed from a ...

Funds

Finch Africa wins “fund of the year” for Africa ex-South Africa

Pan-African fund manager Finch International Advisors received top honours as its Africa Opportunities Fund was named Africa ex-South Africa Fund of the Year

Capital raising

Bigger role for African Development Bank, considering move back to Cote d’Ivoire

The African Development Bank is playing its role in Africa with skill and is getting more backing from its principal shareholders because of its successes ...

Exchange news

BRICS stock exchanges form alliance

The securities exchanges of the “BRICS” emerging market bloc have announced a joint initiative to expose investors to the dynamic economies of the bloc members, ...

Exchange news

Broker supplies clients with faster African investor relations (IR) data

Another step forward for Africa-based investor relations (IR) specialist Rob Stangroom. He announced that Zimbabwe-based stockbroker Lynton Edwards Securities is using data direct from corporate ...

Capital raising

Precision Air IPO launches tomorrow in Tanzania

The Initial Public Offering (IPO) of 58,841,750 shares at TSh 475 (US$ 28 cents) each in Tanzania’s Precision Air Services is set to start on ...

Exchange news

Rencap bidding to take over Zimbabwe stockbroker?

Media report that Renaissance Capital (RenCap), a unit of Russian investment bank Renaissance Group, is drawing closer to a takeover of one of Zimbabwe's largest ...

Kenya

Kenya’s Capital Markets Authority regulator proposes corporate governance law

Kenya’s Capital Markets Authority has drafted proposals on corporate governance and is waiting for approval so they can be gazetted and become law.

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