Tom Minney

Exchange news

London Stock Exchange scores on African listings

The London Stock Exchange has long been a global centre for capital, particularly where African investments are concerned. It is also the world centre for ...

Events

Private equity evening seminar in London

Top African private equity seminar in London coming up in the evening of 2 June. It is organized by the team at Private Equity Africa ...

Exchange news

JSE mixes exotic flavours in currency derivative trading

South Africa’s securities exchange, the JSE Ltd, is to launch a set of exotic currency products after demand from some South African banks. These derivatives ...

Capital raising

Rwanda’s bubbling brewer – profits soar 63%

Rwanda's biggest brewer, Brasseries et Limonaderies du Rwanda (BRALIRWA), says post-tax profit leapt by 62.8% in 2010, driven by increased sales, higher pricing and improved ...

Capital raising

Rwanda Government to raise $42 mn by selling shares in Bank of Kigali and MTN

The Rwandan Government plans to raise Rwf25 billion ($42.2 million) through the sale of its shares in Bank of Kigali Ltd and telecom company MTN ...

Exchange news

Nigerian bank’s $0.5 bn high yield eurobond

Nigeria’s Guaranty Trust Bank is coming to the market with a $500 million Eurobond, which may roll out into a $2 billion offering. The bank ...

Other Countries

Senegal bond ratings comparisons with similar maturity bonds

Senegal bond compared to other African bonds and emerging markets bonds.

Other Countries

Senegal’s $500m Eurobond offers good yield

Senegal has successfully re-priced its yield curve by issuing a more liquid 10-year $500 million Eurobond carrying a coupon of 8.75%. The bond was priced ...

Cote d’Ivoire

BRVM bourse comes home from 16 May

West Africa’s Bourse Regionale des Valeurs Mobilieres BRVM regional stock exchange is to move trading operations back to Cote d'Ivoire next Monday (16 May), after ...

Exchange news

Nigerian pensions reach $12.8 bn

The National Pension Commission of Nigeria regulates over N2 trillion ($12.8 billion) in assets under management. This has been accumulated from 4.7 million people who ...

Other Countries

Afreximbank has $100 mln to boost Zimbabwe businesses

The African Export-Import Bank has created a US$100 million facility to recapitalise Zimbabwean companies. Four local institutions are ready to disburse $70 mn.

Exchange news

Nairobi Stock Exchange and FTSE work on new market indices

The Nairobi Stock Exchange and FTSE International are to create new FTSE/NSE share and bond indices. These could be marketed to international investors.

Capital raising

Ernst & Young forecasts $150 bn of FDI investment by 2015, good growth

Strong growth in new projects into Africa is expected from 2012 with foreign direct investment (FDI) inflows forecast to reach US$150 billion by 2015, says ...

Other news

High-flying Diana is new Standard Chartered CEO for Africa

Standard Chartered has appointed pilot Diana Layfield as Regional Chief Executive Officer, Africa, from 22 June. The bank has operated in Africa for over 147 ...

Funds

Kingdom Zephyr expands into Nigeria

Leading Africa private equity firm Kingdom Zephyr Africa Management Company announced the opening of its new office in Lagos, Nigeria. It has $615 million under ...

Other Countries

Vital impact PE fund raises $250 m and invests in Angolan housing

A private equity fund that does "impact investing" in housing, agriculture, education and health says it has raised more than $250 million for its first ...

Funds

Funds flows into African private equity – $1.5bn in 2010

Funds inflows into private equity in sub-Saharan Africa including South Africa (SSA) were $156 million in the first quarter of 2011, according to research by ...

Funds

ECP announces new CIO for giant African private equity fund

Pan-African private equity specialist Emerging Capital Partners today announced that Andrew Brown is appointed Chief Investment Officer (CIO) in a new position. He will join ...

Funds

Africa climbs as attractive private equity destination, survey

Africa is soaring in its attractiveness to global private equity investors. Over the next 2 years, nearly 30% of global LPs plan to expand PE ...

Exchange news

Ethiopia aims for IFRS for medium and large enterprises

A panel is working on a proposed bill, the “Financial Report Proclamation of Ethiopia”, which could bring fundamental changes to Ethiopia's financial reporting system by ...

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