New stock exchange launched in Egypt
The brand new Nile Stock Exchange (www.nilex.com.eg) saw strong trading appetite on 3 June, its first day of trading. NILEX is an initiative of the ...
The brand new Nile Stock Exchange (www.nilex.com.eg) saw strong trading appetite on 3 June, its first day of trading. NILEX is an initiative of the ...
"Africa’s economies experienced a marked acceleration in growth during the past ten years. The magnitude of the continent’s development story is startling in its specifics ...
The UK’s development finance organisation CDC Group PLC (www.cdcgroup.com) says that 2009 marked the start of CDC’s new, 5-year investment policy which will see it ...
Interest in African sovereign debt has been climbing again in recent months. Angola plans to issue a $1 billion - $2 billion benchmark bond., Kenya, ...
Standard Chartered Bank in Kenya (www.standardchartered.com/ke/en/) is to issue KSh 2.5 billion ($30.2 million) in new shares in order to buy the custody business of ...
The China-Africa Development Fund has started to raise its second round of capital, aiming to raise $2 billion over three years, according to a report ...
The Nigerian Stock Exchange (NSE) management has hit back at claims that its trading system is obsolete and urged the country’s Securities and Exchange Commission ...
Rwanda Investment Group S.A. has temporarily suspended plans to issue a bond with a value of RWF 23.1 billion (US$40 million) to RWF 28.9 bln ...
The Global Impact Investing Network (GIIN) held the inaugural meeting of its Investors’ Council, bringing together leading global impact investors, who use for-profit investment to ...
Volatility and increased uncertainty in global markets last week meant extra demands for huge trading volumes on world markets. South Africa’s JSE Ltd. handled the ...
The flagship of Chinese equity investment into Africa, the $1 billion China-Africa Development Fund, opened a branch in Addis Ababa on 30 March. Initial financing ...
Infrastructure is key to Africa’s growth, but financing is coming in far too slowly. Katherine Sierra, the World Bank's vice president for sustainable development, told ...
Nigeria’s Securities and Exchange Commission (SEC) has new rules, according to local press. The new rules, signed by Director General Ms Arunma Oteh, became effective ...
Inside the Somali pirates stock exchange, where their voyages are financed (and missing pirates mourned). An interesting story by Reuters.
South Africa’s JSE Ltd this week announced that it was close to creating Africa’s first “dark pool” for trading large orders. These are structures that ...
Angola has cut back its plans to raise as much as $4 billion in a sale of bonds without credit ratings, according to a report ...
Q Resources Plc hopes to raise US$50 million-$100 mln through share sales in order to fund mining acquisitions in Africa, according to reports
South Africa could be the centre of mining finance for Africa, according to Mick Davis, CEO of international mining company Xstrata, as reported in the ...
Companies on Johannesburg’s Alternative Stock Exchange (AltX), a division of the JSE Ltd (www.jse.co.za), continue to struggle to attract sufficient mainstream attention. However, at a ...
Kenya’s Government says it will float the first 25-year bond since the 1960s, as part an initiative to help financial institutions offer long-term debt products ...