A bill to regulate the capital markets and collective investment schemes was tabled in the Rwandan Parliament last week.
The African Development Bank Group (www.afdb.org) is urging the G-20 Summit to increase its resources, to help Africa recover. Meanwhile IFR Markets news service says the bank plans a $1 billion 3-year global bond issue.
Emerging Capital Partners (ECP) announced on 22 September it has committed $25 million to Wananchi Group Holdings
Trading soared 31% in number of deals on the JSE Ltd (South Africa’s Johannesburg Stock Exchange) and the merger with teh Bond Exchange of South Africa was finalized, promising dynamic new growth in the South African interest-rate market.
The Kenya Electricity Generating Company (KenGen) has received regulatory approval from the Capital Markets Authority for a corporate bond with a nominal value (face value) of KSh15 billion (US $196.8 mln). The offer is open from 8-29 September.