Other news

Overview of men and women at trading desks. Egyptian Exchange EGX boosted by IPO share offer
Capital raising

EFG Hermes says 3 IPOs coming to Egyptian Exchange this year

Three new initial public offer (IPO) share flotations with a total value of over $300m are planned for the Egyptian Exchange this year, says bank ...

Exchange news

Dar es Salaam Stock Exchange boosts operations and incomes

The Dar es Salaam Stock Exchange made operational improvements in 2013 including doubling trading hours, reducing settlement times on equities and bonds and introducing a ...

Capital raising

“Dear Kwame..” an email from 2063 by the Chairperson of the African Union Commission

What will Africa look like in 2063? Nkosazana Dlamini Zuma, Chair of the African Union (AU) Commission, published her vision in an “an email from ...

Egypt

Bond trading coming to Egyptian Exchange, listing regulations eased

A bond-trading platform could be launched on the Egyptian Exchange (EGX) in Q2 of 2014, after 10 years of planning, and the regulator (Egyptian Financial ...

Funds

Women hedge fund managers outperform men

For the second year running, women hedge-fund managers outperform men on average, according to a study by professional services firm Rothstein Kass.

Ethiopia

More weather index insurance for African smallholder farmers

IFC signed 2 grant agreements with MicroEnsure Ltd for index-based weather insurance to help small-scale farmers in Rwanda and Zambia manage drought and too much ...

Cote d’Ivoire

Africa’s securities exchanges and their part in Africa’s future

The challenges facing Africa's securities exchanges to become an integral part of the continent's economic transformation also provide a good agenda for action in ...

Cote d’Ivoire

African securities exchanges celebrate – and get challenged

ABIDJAN, COTE D’IVOIRE – The atmosphere was festive as Africa’s securities exchanges got together for the annual “must go” conference. Some 350 delegates from all ...

Other news

Rise of RMB – China’s yuan becomes world’s second choice for trade

China's yuan currency, also known as Renminbi (RMB) became the second-most used currency in trade finance in October, according to a story on Reuters.

Exchange news

Safeguarding investments – custody banks spur growth of African capital markets

Giant inflows of investment capital to the African markets is spurring an increase in the banks offering custody services, but global players are held back ...

Capital raising

Citadel Capital’s Rift Valley Railway opens Uganda-S Sudan trade after 20 years

Rift Valley Railways (RVR), a platform company of Egypt's Citadel Capital, has repaired 500 kilometers of track between Tororo in Eastern Uganda and Gulu in ...

Other news

London heads world as financial centre, aims for global islamic finance

London is back at the top of the world’s international financial centres, pushing out New York again, according to a world ranking of IFCs prepared ...

Funds

DPI private equity fund raises $400m

A leading African private equity house Development Partners International (DPI) has reached the first close of its second pan-African African Development Partners II (ADP II) ...

Exchange news

New laws pave route to Angolan securities exchange

Laws have been approved in Angola to regulate the future securities exchange for equity and debt. The Capital Markets Commission (CMC) says that it plans ...

Other news

African Corporate Governance Network launched

Today (16 Oct) saw the launch of the African Corporate Governance Network in Mauritius,, with Kenya, Malawi, Mauritius, Mozambique, Nigeria, South Africa, Tanzania, Zambia and ...

Funds

Innovative structure for $94m fund for health innovations

Merchant bank Lion’s Head is moving fast forward with the Global Health Investment Fund to invest in and advance late-stage drugs, vaccines and other global ...

Cote d’Ivoire

$183bn of M&A in Africa in last 10 years, Britain leads

The total value of mergers and acquisitions deals in Africa by foreign investors was $183 billion over the ten years 2003-2012, up threefold on the ...

Events

Thur 27 June: African Debt Capital Markets Summit 2013

This Thursday is the African Debt Capital Markets Summit 2013, at Bloomberg in London, organized by IC Publications. The conference brings top international speakers including ...

Exchange news

JSE gives South African firms competitive advantage through corporate bonds

“South Africa’s established and efficient debt capital market is a key competitive advantage for South African firms” writes Barry Martin, joint head of debt capital ...

Cote d’Ivoire

African Development Bank starts move to Cote d’Ivoire in 2013

Africa’s top lending institution the African Development Bank (AfDB) has announced that it will start moving its headquarters and 1,500 employees from Tunisia to Ivory ...