Capital raising

Capital raising

Abraaj Capital acquired Aureos Capital

Abraaj Capital, a leading private equity manager investing into Africa, Middle East, Asia and Turkey, recently announced the acquisition of Aureos Capital, a global private ...

Capital raising

JSE seeks more African equity listings in 2012, targets telecoms, mining and financials

The JSE Ltd, South Africa’s securities exchange, is hoping to attract more listings from the rest of Africa in 2012 and to expand its range ...

Capital raising

East African investors opening accounts at Nairobi Stock Exchange

The number of investors from other East African countries opening trading accounts at Kenya’s Nairobi Stock Exchange is still very small, but has grown more ...

Capital raising

Africa could repeat China’s long growth story– Renaissance CIO

"Africa reminds me of China back in 1999. If you missed China then, don't do that (miss Africa) now," is how Plamen Monovski, chief investment ...

Capital raising

African Venture Capital Association (AVCA) to provide PE data

The African Venture Capital Association and Cambridge Associates are to work together to provide extensive, independent aggregate African private equity and venture capital benchmark data ...

Capital raising

Mobius remains bullish on Nairobi Securities Exchange, says FT

Mark Mobius, veteran emerging markets investor and head of Templeton Emerging Markets, is bullish about the Nairobi Securities Exchange (NSE), although it is the worst-performing ...

Capital raising

Bigger role for African Development Bank, considering move back to Cote d’Ivoire

The African Development Bank is playing its role in Africa with skill and is getting more backing from its principal shareholders because of its successes ...

Capital raising

Precision Air IPO launches tomorrow in Tanzania

The Initial Public Offering (IPO) of 58,841,750 shares at TSh 475 (US$ 28 cents) each in Tanzania’s Precision Air Services is set to start on ...

Capital raising

Ethiopia plans more bonds for $4.7bn hydropower dam

Ethiopia has raised Birr 7 billion ($408 million) of debt to finance the $4.8 bn Grand Ethiopian Renaissance Dam on the Blue Nile River, and ...

Capital raising

Conference: African technology and innovation banking

Competitive African bank leaders are seizing opportunities of new technology to reach 250m unbanked families. Conference on emerging markets technology innovation and banking coming up ...

Capital raising

Bank of Kigali IPO lifts Rwanda Stock Exchange: 52% gain on first day

Interest in share offers is high on the Rwanda Stock Exchange, after shares of Bank of Kigali (BK) rose 52% to RWF190 in their first ...

Capital raising

Kenyan IPO only 60% subscribed but regional plans go ahead

Kenyan financial services firm British-American Investments Company Ltd. said on 23 August that its initial public offering (IPO) had only attracted 60.09% of the targeted ...

Capital raising

Casablanca Stock Exchange grants to encourage SMEs

Morocco’s Casablanca Stock Exchange is offering grants to small and medium enterprises to encourage them to raise capital. The first listing of 2011 was 8.7x ...

Capital raising

SANAD Fund to target SMEs in North Africa and Middle East

Tiny, small and medium businesses in Egypt and Tunisia, later Algeria and Morocco, are set to benefit from a new €30 million ($43.2 mn) SANAD ...

Capital raising

Tunis Stock Exchange seeks to support growth

The Bourse des Valeurs Mobilières de Tunis (BVMT - Tunis Stock Exchange), aims to support role in faster economic growth and has a 5-point development ...

Capital raising

Dar Es Salaam bourse aims for IPO and 2 cross listings, capital controls easing

The Dar Es Salaam Stock Exchange aims to increase to 18 listed companies and is preparing for an initial public offering (IPO) for Precision Air ...

Capital raising

Berbera Port-China deal – change in the Horn?

Somaliland media sources and other rumours have suggested (12 Aug) that a deal on Somaliland’s Berbera port is imminent with China and Ethiopia.

Capital raising

Ethiopia to sell 18 more state-owned enterprises

Ethiopia’s Privatization and Public Enterprises Supervising Agency (PPESA) has privatised 287 enterprises since 1995, and plans to sell 18 companies in direct sales and 5 ...

Capital raising

Private equity and lenders hop aboard $287m Kenya-Uganda railway

The International Finance Corporation and 6 leading international finance institutions provided $164 million in financing to Rift Valley Railways International to rehabilitate the Kenya-Uganda railway ...

Capital raising

Tullow Oil listing to double value of shares on Ghana Stock Exchange

Tullow Oil plc is to start trading on the Ghana Stock Exchange on 27 July after allocating 3,531,546 ordinary shares of 10p each in a ...

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