Tom Minney

Exchange news

Angolan stock market within 12 months

Eduardo Vieira, President of Angolan stockbroker Novacao Corretora de Valores As the former minister has said, we strongly anticipate that there will be a stock ...

Exchange news

Kenya’s bond trading developing fast

Andre DeSimone, Kestrel Capital stockbroker, Nairobi The Nairobi capital market has seen a lot of volatility and many local institutions pulled out. At one point, ...

Kenya

Kenya’s mobile money system is “world’s most successful”

Kenya’s biggest mobile telecommunications company says it will continue to lead the market through its revolutionary mobile payment system M-PESA - already the world’s most ...

Other news

Commodities, internal markets and governance will drive Africa’s growth, say experts

Experts launching the 5th Annual Africa Investment Securities Africa said they could see more growth coming in the 2nd biggest continent.

Exchange news

LIVE FROM SECURITIES AFRICA/CITIGROUP CONFERENCE

We are blogging LIVE from the 5th Annual African Investment Conference, organized by stockbroker Securities Africa and Citigroup. This brings to London a lot of ...

Ethiopia

NSE to launch commodity exchange “by June”

The Nairobi Stock Exchange (www.nse.co.ke) has set mid-2010 as the target to launch a commodities exchange. It will be a joint effort by the National ...

Capital raising

Results of Uganda’s NIC privatisation share offer

Uganda's National Insurance Corporation (www.nic.co.ug), was oversubscribed after Uganda Shilling (UGX) 9.5 billion (US$4.6 million came in applications when Government offered its remaining 40% stake ...

Funds

Aureos Africa makes another $10 mln investment in Nigeria

The Aureos Africa Fund, which closed its fundraising in January with US$381 million, has completed a $10 mln investment in a leading Nigerian leasing company, ...

Exchange news

Botswana finished $722 mln bonds issuance

The Government of Botswana has ended its P5 billion (US$722 million) bond issuance programme with an oversubscribed auction by the Bank of Botswana last Friday, ...

Exchange news

Nairobi SE members approve demutualization

The members and directors of the Nairobi Stock Exchange (www.nse.co.ke) have approved the demutualization of the Nairobi Stock Exchange, subject to enactment of requisite ...

Other news

Upgraded website and African investing newsletter

The website www.africaniscool.com has been upgraded with a newsletter. According to CEO Rob Stangroom: “Our newsletter contains mostly original content and is targeted at investors, ...

Exchange news

Wilderness Safaris public offer aims for BSE and JSE Africa Board

Conservation tourism pioneer Wilderness Safaris is aiming for a primary listing on the Botswana Stock Exchange (www.bse.co.bw) and a simultaneous secondary listing on the Johannesburg ...

Exchange news

Imara Holdings on expansion path

Imara Holdings Ltd, an investment banking and asset management group with operations in 10 countries mostly in southern Africa, aims to expand in Zimbabwe, according ...

Ethiopia

Meeting to form body for African commodities exchanges and ECX launches speciality trading system

Ethiopian Commodity Exchange hosted a meeting to form a body for African commodities exchanges and launches speciality trading system, currently trading speciality high-quality coffees.

Funds

StanChart steps up Nigeria equity investments

Standard Chartered Private Equity Limited recently announced $47.5million investment for a minority stake in Seven Energy, a leading Nigerian gas exploration and development company, according ...

Funds

Aureos Africa gets busy investing $381 mln

The Aureos Africa Fund is busy with its mission – it says it is the largest fund ever to focus on investing in small to ...

Exchange news

SADC stock exchanges move towards links

According to Zimbabwe’s Herald newspaper (www.herald.co.zw), it is only months before the introduction of a hub-and-spoke interconnectivity model for SADC stock exchanges as “the first ...

Exchange news

Uganda central securities depository went “live”

The Uganda Securities Exchange (www.use.or.ug) was set to open the Securities Central Depositary at on 18 February, according to local news.

Other news

Marketplace for Innovative Financial Solutions for Development

A Marketplace on Innovative Financial Solutions for Development (www.fininnov.org) is to be held in Paris on March 4-5, 2010. It is dedicated to innovative financial ...

Capital raising

Kenya: First steps for privatization of Consolidated Bank

The Kenyan Government’s Privatisation Commission is taking the next step towards selling a portion of Consolidated Bank of Kenya Ltd by appointing PricewaterhouseCoopers as transaction ...