Tom Minney

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 ...

Egypt

Citadel Capital private equity fund opens in East Africa

Egypt-based private equity fund Citadel Capital is to open an East African office in Nairobi during January. Citadel says it is independently ranked as Africa's ...

Funds

Africa Health Fund makes first investment

The Africa Health Fund, managed by private equity fund manager Aureos Capital has made its first investment, acquiring a stake in the Nairobi Women’s Hospital ...

Capital raising

Agri-Vie fund close to $100 million target, finding projects

Agricultural private equity fund Agri-Vie will reach its target of raising $100 million for investment in agricultural projects by February or March, according to an ...

Exchange news

Zimbabwe Stock Exchange dealing charges from 11 January

New dealing charges for the Zimbabwe Stock Exchange came into effect on 11 January 2010, a week ago. Total Both Sides 4.21%

Ethiopia

ECX sells another 150 seats

The fast-growing Ethiopian Commodity Exchange (www.ecx.com.et) on 31 December sold 150 full membership seats for a total of Birr 34 million (US$2.7 million). The new ...

Capital raising

Multi-Asset exchange for Africa?

The Global Board Of Trade Ltd. says in March it will open an African multi-asset exchange in Mauritius that will be able to trade a ...

Kenya

First African carbon credit scheme since Copenhagen

South Africa’s Nedbank has announced an agreement with international non-governmental organisation Wildlife Works Incorporated to launch an African carbon credit scheme.

Exchange news

New SE indices in Botswana

The Botswana Stock Exchange has increased the number of indices from 5 to 8 with effect from 1 January. The new indices include the Domestic ...

Exchange news

SA upgrades Companies Act and accounting standards

South African listed companies are to change accounting standards next July, after the Department of Trade and Industry in December released the long-awaited regulations to ...

Exchange news

Botswana to upgrade rules for asset managers and advisers

Botswana’s Non-Bank Financial Institutions Regulatory Authority (NBFIRA) is talking to the World Bank on technical help to update laws and develop rules. The authority aims ...

Uncategorized

Rockefeller new guide to impact investing

For those interested in learning more about the exciting new field of impact investing the Rockefeller Foundation has issued a helpful field manual. The new ...

Exchange news

National Insurance to list in Uganda

An initial public offering (IPO) for Uganda’s National Insurance Corporation will be launched on 14 January and close on 5 February, according to a report ...

Exchange news

Liberia considering stock exchange

Talks have started in Liberia on establishing a stock exchange and the Central Bank of Liberia is set to play a leading role, according to ...

Exchange news

More investment expected into African markets

The effect of the global financial crisis on Africa should be relatively short term says Standard Bank Emerging Markets strategist Michael Hugman, according to a ...

Exchange news

Two new listings for Tunis Stock Exchange

Two new listings are heading to the Tunisian Stock Exchange (www.bvmt.com.tn) according to Tunisian online news sources www.tustex.com and Tunisia Online News (www.tunisiaonlinenews.com). Prominent regional ...

Exchange news

Kenya seeks to change investor protection

Proposed amendments to Kenya’s Capital Markets Authority (CMA: www.cma.or.ke) Act would block institutional investors from getting compensation for money lost in cases of collapse of ...