Tom Minney

Exchange news

Zimbabwe Stock Exchange prospects better for 2011, reported in businessdigest

Two economists talk to Business Digest about prospects for the Zimbabwe Stock Exchange, which they say are better for 2011 as the economy is expected ...

Exchange news

Crocodile company swims onto Zimbabwe Stock Exchange

The Zimbabwe Stock Exchange snapped up its first new listing since 2007 on 29 November when Padenga Holdings Limited was admitted as the 77th ...

Exchange news

NYSE Euronext backs growth in African stock exchanges

NYSE Euronext Inc. has seen a threefold increase in the trading of African stocks on its exchanges over the past 5 years and twice as ...

Capital raising

Templeton’s Mobius tells Reuters he picks Nigeria

Templeton fund manager Mark Mobius picks China and Nigeria as tips over the next 12 months, according to an interview with Reuters. Mobius oversees more ...

Cote d’Ivoire

Institutions react to Cote d’Ivoire crisis

Markets are reacting quickly to the news that Laurent Gbagbo was sworn in as president of Cote d’Ivoire on Saturday (4 Dec). The World Bank ...

Funds

$55 bn of private capital flows to Africa in 2010

According to a top economist of the World Bank, a total of $55 billion of private capital is estimated to be flowing into Africa this ...

Kenya

Safaricom offers $56 million bond

Telecoms giant Safaricom Ltd., a mobile phone company that is the biggest listing by market capitalization on the Nairobi Stock Exchange, is selling KSh 4.49 ...

Kenya

PTA Bank launched $300 million eurobond

PTA Bank, a multilateral financial institution based in Nairobi, successfully launched a US$300 million Eurobond in November. According to a press release from Standard Bank, ...

Exchange news

More career opportunities in Africa’s capital markets

Many financial institutions are gearing up their staffing as they start to roll out their African operations. These include banks, stockbrokers and others. African Capital ...

Uncategorized

Impact investing is new asset class, 5 sectors offer $400 bn-$1 trn opportunity

Impact investment is a new asset class, according to a report titled Impact Investments: An Emerging Asset Class and released on 29 November. The report ...

Exchange news

New leaders for Nigerian SE to be announced soon

The recruitment of a Director-General and Executive Directors for the Nigerian Stock Exchange will be completed by first week of December, according to news reports ...

Exchange news

Heads of Nigeria’s SEC and Stock Exchange summoned to Senate Committee

The Nigerian Senate’s Capital Market Committee summoned the Director General of the Securities and Exchange Commission (SEC) Arunma Oteh and the Interim Administrator of the ...

Funds

The “Missing Middle” opportunity to reach SMEs and low- and middle-income earners through bank-investing PE fund

There is an opportunity in providing banking services to a “Missing Middle”, by focusing on financial services for lower- and middle-income groups in Africa, both ...

Funds

Liberia reaches deal with 2 “vulture funds”

Liberia has reached a deal with 2 “vulture funds” who had taken it to court to repay debts incurred more than 30 years ago. According ...

Other Countries

Gold miner’s zero harm policy wins CSR award

Gold miner IAMGOLD Corporation, listed in Toronto, New York and Botswana, was awarded for Corporate Social Responsibility at a dinner after Canada's biggset corporate social ...

Capital raising

BRALIRWA, first Rwandan IPO, launches tomorrow

The Rwandan Government said today (22 November) that it aims to raise RwFr 22.1 billion (US$37.3 million) from the sale of its 30% stake in ...

Funds

Aureos Africa Fund invests $10 mln into HFC, backs expansion and SME lending

Aureos Africa Fund has completed a US$10 million investment in HFC Bank Ghana Ltd, a commercial and retail bank. The investment in HFC will help ...

Exchange news

Africa’s securities markets aim to get busy

Africa’s capital markets have set themselves a tough programme of action, following the executive committee and annual general meetings of the African Stock Exchanges Association ...

Exchange news

Africa’s securities exchanges need stronger role to back growth

African securities exchanges need to play a stronger role in harnessing Africa’s growth opportunities. This was the view of Sunil Benimadhu, President of the African ...

Capital raising

UK-Mozambique Investment Forum 2010

A UK-Mozambique Investment Forum 2010, is coming to London on 2 December.