Tom Minney

Egypt

Rencap has expansion plans

Renaissance Capital (www.rencap.com/eng), the Russian emerging-markets bank with operations in Africa, plans to expand next year into Egypt and at least 3 other African countries, ...

Exchange news

Ecobank launches capital markets and investment banking arm

Ecobank, a leading Pan-African banking group, has launched Ecobank Capital, its new capital markets and investment banking arm.

Other news

Africa investor investment climate summit and awards for business and economy leaders

The 2010 Africa investor Investment and Business Leader Awards will take place in Washington DC tomorrow (8 October), as part of the Africa activities planned ...

Funds

Zimbabwe US$25 million women investment fund launched

Top Zimbabwean Government women leaders on 30 September launched a US$1 million Zimbabwe Women Investment Fund, aimed at mobilising resources to enhance women's participation in ...

Uncategorized

New reporting standards to enhance global impact investment

The Global Impact Investing Network yesterday (4 October) released the second version of the Impact Reporting and Investment Standards (IRIS 2.0). This is a standard ...

Exchange news

Casablanca Stock Exchange – some background

One of Africa’s biggest and most active stock exchanges is Morocco’s Casablanca Stock Exchange, set up as a joint stock company with a Supervisory Board ...

Exchange news

Rwanda’s capital markets progress – bill in Parliament, IPO coming “this year”

High on the agenda of Rwanda’s Parliamentary Standing Committee on Economy is the bill to regulate the capital market, which has been in Parliament for ...

Other news

Takeover tsunami coming to Africa?

The wave of mega acquisitions which has gained momentum in South Africa this year could only be the start of a takeover tsunami, as large ...

Exchange news

Kenya’s central depository aims to expand

Kenya's Central Depository and Settlement Corporation continues to expand outside the borders of Kenya, buoyed from its 2008 triumph with the region’s biggest initial public ...

Exchange news

More from Africa investor awards

Other Africa investor Index Series Awards 2010 announced on 20 September included listed companies, socially responsible companies, most innovative capital markets regulator, best stockbroker, best ...

Exchange news

Ghana awarded “most innovative” African stock exchange

The Ghana Stock Exchange has announced that it was awarded the prize as “Most Innovative African Stock Exchange for 2010” at the Africa investor annual ...

Capital raising

$250 million TMT and real estate fund raising capital in East Africa

Kenyan venture capital company East Africa Capital Partners Ltd is to begin raising its second fund next year, with a target size of USD250 million, ...

Other news

South Africa to change tax and boost Islamic banking

South Africa is proposing amendments to the Income Tax Act to level the playing field between Islamic banks and conventional banking, although no date has ...

Kenya

Kenya moots $124 mln bond to finance universities

Kenya's Government aims to float a KSh10 billion (USD124 million) university bond early in 2011 to help higher learning institutions raise funds to admit more ...

Exchange news

“South Africa is best regulated securities exchanges in the world” WEF Competiveness Report

South Africa is ranked 1st out of 139 countries for its regulation of securities exchanges, according to the latest World Economic Forum Competiveness Report 2010-2011. ...

Exchange news

Net inflow to African funds $660 million in past 12 months – EPFR

Cash has flowed into African equity funds in 51 of the past 52 weeks, according to a report on newsagency Reuters, citing Washington-based EPFR Global, ...

Exchange news

Waiting for Nairobi SE demutualization

Stakeholders in the Kenyan capital market are still waiting for changes to the Capital Markets Act to allow demutualization of the Nairobi Stock Exchange. According ...

Exchange news

Nigerian SE to boost market cap by 37% if it lists Dangote Cement

Nigeria’s biggest cement producer has been approved for listing on the Nigerian Stock Exchange, and is expected to boost market capitalization by 37% in the ...

Ethiopia

IFC to offer $20 million guarantee facility for Ethiopian coffee producers

The International Finance Corporation is investing $21 million to guarantee coffee crops. The facility would be to support the Ethiopian Coffee Initiative run by ...

Funds

Singer Bob Geldof aims to raise $1 bn for African private equity fund

Singer and campaigner Bob Geldof, famous for his music as well as his campaigns for aid for Africa, is seeking to raise $1billion from institutional ...