Other news

Funds

Africa’s best real estate developer is private equity group Actis

Leading African private equity group Actis has won the title for “Best Developer in Africa” in the 8th annual global Euromoney Real Estate Survey run ...

Exchange news

Securities Africa Financial is new name for Nigerian SE stockbroker

Pan-African stockbroker and financial services firm Securities Africa has acquired a Nigerian stockbroker, Skye Stockbrokers Limited. This week it announced a name change to Securities ...

Kenya

Rerating of emerging and frontier markets debt risks will boost issues

World investors and debt-rating agencies should rethink criteria for evaluating political and other risk. “Risk is up for developed markets (DM) and down for Emerging ...

Exchange news

Nigerian Stock Exchange launches market-making today

Today the Nigerian Stock Exchange is to launch its market-making programme. This will be a hybrid process, with market makers offering 2-way (buy-sell) price quotes ...

Exchange news

Social Stock Exchange to launch in London

A London-based Social Stock Exchange (SSE) aims for launch in the second quarter of 2013 and plans to create an investment exchange authorised and regulated ...

Capital raising

Zambia’s debut $750m Eurobond puts focus on Africa

Zambia went to the global market yesterday (13 September) with its first eurobond, a USD750 million 10-year bond priced at a 5.625%. It will ...

Exchange news

Impact Exchange (iX) gets closer to launch on Stock Exchange of Mauritius

A partnership between the innovative Stock Exchange of Mauritius and social enterprise NeXii is making great progress towards setting up the Impact Exchange (iX) board ...

Other Countries

Botswana’s rise as world diamond centre – Stanchart “money laundering” woes slow P1.8bn OPIC financing

De Beers’ Diamond Trading Corporation has moved from London to Botswana and some 32m carats of diamonds (worth US$6 billion – about 40% of world ...

Exchange news

Botswana Stock Exchange launches automated trading

Months of hard work came to a climax when the Botswana Stock Exchange successfully launched its automated trading system (ATS) and now has live trading. ...

Exchange news

Are capital markets taking a wrong turn? Soul-searching on short-termism after UK’s Kay Review

Lots of useful commentary is published this week about what’s going wrong with the world’s leading capital markets and finance and it has lots of ...

Capital raising

Uganda’s power distributor Umeme says it plans Nairobi and Uganda IPOs this year

Uganda’s only power distributor, Umeme, said it plans to raise capital to invest in Uganda’s electricity sector through an initial public offering (IPO) on the ...

Funds

Voxtra impact fund backs growing seed potatoes in Tanzania

Voxtra East Africa Agribusiness Fund, a Norwegian social investor, has completed its inaugural investment of US$1.5 million in Mtanga Farms Limited in Tanzania, which grows ...

Capital raising

IFC mobilizes $1bn into private infrastructure in Africa

The International Finance Corporation (the private sector investment arm of the World Bank group) will invest and mobilize more than $1 billion into private infrastructure ...

Ethiopia

Silk African Food Fund munches into Ethiopian biscuits

The Silk African Food private equity fund, run by UK regulated specialist asset manager Silk Invest Ltd, has acquired a significant minority equity stake in ...

Other news

IFC and African Development Bank expand local currency finance

The International Finance Corporation, a member of the World Bank Group, and the African Development Bank are to work together to facilitate local currency lending ...

Other Countries

Africa’s top bankers honoured at award ceremony

The best in African banking was celebrated recently at the 6th edition of the African Banker Awards, under the patronage of the African Development Bank ...

Exchange news

Rwanda savings and credit coops to look at capital markets?

Rwanda's Savings and Credit Cooperatives (known as SACCOs) are being encouraged to take more interest in investing into the capital market including bonds and equities. ...

Funds

African Development Bank invests $100m to Agvance Africa PE fund of funds

The African Development Bank has approved an equity investment of US$100 million to Agvance Africa, which the bank claims is the first fund of funds ...

Capital raising

Hana Mining could speed trans-Kalahari railway

The dual-listing of Hana Mining Ltd. last week on the Foreign Venture Capital Board of the Botswana Stock Exchange could bring a giant new cross-Africa ...

Ethiopia

5 Africans named social entrepreneurs of 2012

Five leading Africans and innovators were named Social Entrepreneurs of the Year 2012 Africa by the Schwab Foundtion last week at the World Economic Forum ...