Tom Minney

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 ...

Capital raising

Big plans for Rwanda capital market, including first local public offer

The Rwandan capital markets are set for growth in 2010, including plans for a first local initial public offer (IPO) and developing the Rwandan stock ...

Funds

New World Bank group investment funds for Africa

The World Bank continues to step up its investments into Africa, and in February expects first close on a $500 million sub-Saharan Africa, Latin America, ...

Exchange news

Stockbroker bullish on Africa

International stockbroker Exotix (www.exotix.co.uk) is bullish on African equities and on growth prospects. According to the latest report “Top 30 Companies: sub-Saharan Africa excluding South ...

Exchange news

More activity on Zim SE after trading charges slashed

There is more trading on the Zimbabwe Stock Exchange after transaction costs were reduced, effective 10 January

Funds

Boost for $55 mln E African start-up/SME fund

A new fund is making good progress in raising up to US$55 million to be invested in business start-ups and small and medium enterprises in ...

Exchange news

Zimbabwe SE seeks to restore IFRS compliance by listed companies

The Zimbabwe Stock Exchange is seeking to reinforce International Financial Reporting Standards again on its listed companies. Many had stopped using the standards in runaway ...

Exchange news

Share and debenture offers in Liberia

According to a report, the Central Bank of Liberia has given local company Cellcom permission to sell convertible debentures and the Liberia Bank for Development ...

Exchange news

New bond listing on Rwanda’s capital market

The capital market in Rwanda took another step forward with the listing on 22 January of a new Rwf2.5 billion (US$4.4 mln) two-year Treasury bond ...