Tom Minney

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 ...

Capital raising

$10.7 bln deal for African telecoms

Telecoms have attracted some of Africa’s biggest and most lucrative equity deals and the 14 Feb sale of $10.7 billion of telecom assets further indicates ...

Other news

AfDB raises $1 billion, agrees to 200% general capital increase

The regional governors of the African Development Bank (www.afdb.org) have unanimously backed a bank proposal to increase the general capital. According to a communiqué issued ...

Exchange news

JSE’s Africa Board: Future gateway to Africa’s capital markets?

African Capital Markets News recently visited Johannesburg and has an EXCLUSIVE email interview with Geoff Musekiwa of the JSE on 2010 prospects for Africa’s securities ...

Exchange news

Cost cut on real-time JSE data

Financial information company McGregor BFA is offering investors new products, Realtime, which will stream data from South Africa’s JSE Limited securities exchange at lower ...

Exchange news

Uganda insurance listing closes 5 February

The closure today (5 February at 5pm local time) of the share offer of Uganda’s National Insurance Corporation Limited (www.nic.co.ug) is likely to result in ...

Exchange news

New CEO for Dar Es Salaam stock exchange

A new CEO started work at the Dar es Salaam Stock Exchange (www.dse.co.tz) and share prices surged in the following days, although market participants denied ...

Capital raising

Government agencies get together to promote investment

The Commonwealth Business Council has a top lineup for its Africa Investment Forum, due to be held from 8-10 February in Accra, Ghana in conjunction ...

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